Associated Banc-Corp (ASB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.12%. A quarter ago, it was expected that this bank holding company would post earnings of $0.52 per share when it actually produced earnings of $0.53, delivering a surprise of 1.92%.Over the last four quarter ...

First Quarter 2024 Earnings Presentation APRIL 25, 2024 Forward-Looking Statements Important note regarding forward-looking statements: Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management’s plans, objectives, or goals for future operations, products or services, and forecasts of its revenues, earnings, or other measures of performance. Such fo ...

Exhibit 99.1 NEWS RELEASE Investor Contact: Ben McCarville, Vice President, Director of Investor Relations 920-491-7059 Media Contact: Marilka Vélez, Senior Vice President, Senior Director of Marketing 920-491-7518 Associated Banc-Corp Reports First Quarter 2024 Net Income Available to Common Equity of $78 Million, or $0.52 per Common Share Results driven by balance sheet growth, margin expansion and continued execution of strategic initiatives GREEN BAY, Wis. -- April 25, 2024 -- Associated Banc-Corp (NYSE ...

Results driven by balance sheet growth, margin expansion and continued execution of strategic initiatives GREEN BAY, Wis., April 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $78 million, or $0.52 per common share, for the quarter ended March 31, 2024. These amounts compare to a loss of $94 million, or $(0.62) per common share, for the quarter ended December 31, 2023 and earnings of $100 million, or ...

Core Viewpoint - Associated Banc-Corp (ASB) is anticipated to report a year-over-year decline in earnings due to lower revenues, with the earnings report expected on April 25, 2024 [1][2] Earnings Estimates - The consensus estimate for quarterly earnings is $0.49 per share, reflecting a year-over-year decrease of 25.8% [2] - Expected revenues are $327.46 million, down 3.9% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised 0.96% higher in the last 30 days, indicating a slight positive reassessment by analysts [2] - The Most Accurate Estimate for Associated Banc-Corp is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.44%, suggesting a bearish outlook from analysts [4][6] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [3][4] - Associated Banc-Corp currently holds a Zacks Rank of 2, but the negative Earnings ESP makes it challenging to predict an earnings beat conclusively [5][6] Historical Performance - In the last reported quarter, Associated Banc-Corp had an earnings surprise of +1.92%, reporting $0.53 per share against an expectation of $0.52 [7] - Over the past four quarters, the company has beaten consensus EPS estimates two times [7] Conclusion - While an earnings beat or miss can influence stock movement, other factors also play a significant role [8] - Associated Banc-Corp does not appear to be a compelling candidate for an earnings beat, and investors should consider additional factors before making investment decisions [8]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving ...

Investors might want to bet on Associated Banc-Corp (ASB) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...

ridvan_celik One of the best feelings in the world is seeing an opportunity that you were very bullish about appreciate materially in a rather short window of time. Last year, because of the plunge in financial stocks that came about because of the banking crisis, I found myself gravitating toward banks of all shapes and sizes. In many of these cases, I was bullish, rating most of the companies a "buy." But a select few ended up receiving a "strong buy" rating from me. One such firm was Associated Banc- ...

Associated Banc-Corp (ASB) is committed to advancing its strategic efforts to strengthen loan and deposit balances. It expects the strategic growth plan to yield favorable operating leverage gradually. However, elevated funding costs and a worsening operating backdrop are likely to exert pressure on asset quality.ASB remains focused on its organic growth strategy, driven by robust loans and deposit balances and efforts to improve fee income. Loans and deposits witnessed a compound annual growth rate (CAGR) ...

GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group. For the first time, the two organizations partnered to study all regional banks and credit unions in the United States (approximately 9,440 institutions). Associated Bank Named Among Newsweek’s “America's Best Regional Banks and Credit Unions 2024” "(We) are proud to share this ranking ...