Associated Banc-p(ASB)
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Strategic Expansion Plan Supports ASB, Poor Asset Quality a Woe
ZACKS· 2025-01-08 14:21
Associated Banc-Corp. (ASB) remains well-positioned for growth on the back of its strategic expansion plan, with a steady rise in loans and deposit balance. Also, the company’s balance sheet repositioning efforts will support top-line growth. However, mounting expenses and worsening asset quality are headwinds.Factors Supporting Associated Banc-Corp’s GrowthOrganic Growth Story: Associated Banc-Corp.’s organic growth strategy is reflected in its robust loans and deposit balances and efforts to boost fee inc ...
Associated Bank Welcomes Four Additional Relationship Managers to Support Ongoing Commercial Banking Expansion
Prnewswire· 2024-12-19 21:16
Accessibility StatementSkip Navigation "We're thrilled to have Stacy, Kevin, Mike and Scott join our team as we continue to expand our commercial presence throughout the Midwest while holding serve in our legacy markets," said Phil Trier, Executive Vice President and Head of Corporate and Commercial Banking. "All four of these individuals bring unique skill sets and a dedication to developing strong relationships with clients that fits perfectly with what we're building here at Associated." Stacy Quick is e ...
Associated Bank Welcomes Heath Sorenson as Executive Vice President and Managing Director, Associated Trust Company
Prnewswire· 2024-12-11 21:15
Sorenson will transition into the role of executive vice president, managing director and CEO, Associated Trust Company on February 1, 2025GREEN BAY, Wisc., Dec. 11, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Heath Sorenson, MBA, CFP®, CFIRS™, CTOP, to executive vice president, managing director, Associated Trust Company. Effective February 1, 2025, Sorenson will become executive vice president, managing director and chief executive officer, Assoc ...
Associated Banc-Corp Repositions Balance Sheet, to Incur a Loss in Q4
ZACKS· 2024-12-05 15:15
Associated Banc-Corp (ASB) has announced balance sheet repositioning transactions to support its organic growth strategy. While the transactions will result in a net loss in fourth-quarter 2024 for the company, the strategy is focused on long-term growth and profitability. President and CEO Andy Harmening said, “This balance sheet repositioning supports and accelerates our organic strategy by enhancing our earnings profile, boosting capital, and providing additional capacity for loan growth.”Details & Impac ...
Associated Banc-Corp announces balance sheet repositioning to support organic growth strategy
Prnewswire· 2024-12-04 21:05
GREEN BAY, Wis., Dec. 4, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced balance sheet repositioning transactions to accelerate the Company's organic growth strategy. Pursuant to the terms of the transactions, Associated sold approximately $1.3 billion of investment securities and has agreed to sell approximately $0.7 billion in mortgage loans, primarily in single-product relationships. The sale of the mortgage loans is expected to close in the first quarter of 2025."We are now three y ...
14 Upcoming Dividend Increases, Including A King
Seeking Alpha· 2024-11-28 16:01
For those in the States, I wish you a Happy Thanksgiving! Depending on when you are reading this, you might be taking a well-earned nap, watching football, or enjoying the company of family. While we enjoy the holiday season, another joy in financial lifeDerek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds ...
Associated Banc-Corp announces pricing of common stock offering
Prnewswire· 2024-11-15 02:45
GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp ("Associated") (NYSE: ASB) today announced the pricing of a public offering of 12,000,000 shares of its common stock, $0.01 par value (the "Common Stock"), at a public offering price of $25.00 per share, for aggregate gross proceeds of $300 million.In addition, Associated Banc-Corp has granted the underwriters an option to purchase up to an additional 1,800,000 shares of its Common Stock for 30 days following the date of this pricing. The o ...
Associated Banc-Corp announces proposed common stock offering
Prnewswire· 2024-11-14 21:01
GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced a proposed public offering of 11,500,000 shares of its common stock, $0.01 par value (the "Common Stock").In addition, Associated Banc-Corp ("Associated") expects to grant the underwriters for the offering an option to purchase up to an additional 1,725,000 shares of its Common Stock sold in the offering for 30 days following the date of the pricing of the offering.Associated expects to use the net proceeds from ...
Associated Banc-Corp to Attend the 2024 Piper Sandler East Coast Financial Services Conference on November 13-15, 2024
Prnewswire· 2024-10-30 20:15
GREEN BAY, Wis., Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the Piper Sandler East Coast Financial Services Conference in Naples, FL on November 13-15, 2024.Fourth quarter investor materials are expected to be made available prior to the event and can be accessed through the Investor Relations section of the Company's website at http://investor.associatedbank.com.ABOUT ASSOCIATED BANC-CORPAssociated Banc-Corp (NYSE: AS ...
Associated Banc-p(ASB) - 2024 Q3 - Quarterly Report
2024-10-29 20:17
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-31343 Associated Banc-Corp (920) 491-7500 (Registrant's telephone number, including area code) (not applica ...