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 ...

| --- | --- | |--------------|---------------------------| | | | | TO | SECTION 12(b) OF THE ACT: | | | Trading symbol(s) | | | ASB | | Stock, Srs E | ASB PrE | | Stock, Srs F | ASB PrF | | | ASBA | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

GREEN BAY, Wis., Feb. 6, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management will meet with investors during the 2024 KBW Winter Financial Services Conference in Boca Raton, FL on February 14-16, 2024. First quarter investor materials will 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-CORP Associated Banc-Corp (NYSE: ASB) has total assets o ...

Core Viewpoint - Associated BancCorp (ASB) is currently considered a strong value stock, with favorable valuation metrics compared to its industry peers [2][4]. Valuation Metrics - ASB has a P/E ratio of 10.34, which is lower than the industry average of 10.82 [2]. - The stock's Forward P/E has fluctuated between 6.16 and 10.52 over the past year, with a median of 8.11 [2]. - ASB's PEG ratio stands at 1.29, compared to the industry average of 1.35, with a historical range of 0.77 to 1.32 and a median of 1.01 [2]. - The P/B ratio for ASB is 0.84, significantly lower than the industry average of 1.94, with a historical range of 0.56 to 0.95 and a median of 0.68 [3]. - ASB's P/S ratio is 1.47, compared to the industry's average of 1.88 [3]. - The P/CF ratio for ASB is 6.59, which is attractive relative to the industry average of 10.69, with a historical range of 4.43 to 7.77 and a median of 5.35 [4]. Investment Outlook - The combination of these valuation metrics suggests that ASB is likely undervalued, making it an appealing option for value investors [4].

Associated Banc-Corp’s (ASB) fourth-quarter 2023 adjusted earnings of 53 cents per share beat the Zacks Consensus Estimate by a penny. However, the bottom line compared unfavorably with the prior-year quarter’s earnings of 70 cents.Results benefited from higher adjusted non-interest income and a rise in the deposit balance. However, a decline in net interest income (NII), an increase in expenses and provisions and a lower loan balance were headwinds. Hence, because of these concerns, investors turned bearis ...

Associated Banc-Corp (NYSE:ASB) Q4 2023 Earnings Conference Call January 25, 2024 5:00 PM ET Company Participants Andrew Harmening - President and CEO Derek Meyer - CFO Patrick Ahern - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Scott Siefers - Piper Sandler Terry McEvoy - Stephens Jon Arfstrom - RBC Capital Markets Timur Braziler - Wells Fargo Brody Preston - UBS Operator Good afternoon, everyone, and welcome to Associated Banc-Corp's Fourth Quarter 2023 Earnings Confere ...

For the quarter ended December 2023, Associated Banc-Corp (ASB) reported revenue of $322.22 million, down 9.4% over the same period last year. EPS came in at $0.53, compared to $0.70 in the year-ago quarter.The reported revenue represents a surprise of -1.13% over the Zacks Consensus Estimate of $325.89 million. With the consensus EPS estimate being $0.52, the EPS surprise was +1.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

GREEN BAY, Wis., Jan. 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $171 million, or $1.13 per common share. These amounts compare to earnings of $355 million, or $2.34 per common share, for the year ended December 31, 2022. For the quarter ended December 31, 2023, the Company reported a loss of $94 million, or $(0.62) per common share. These amounts compare to earnings of $106 million, or $0.70 per ...

Wall Street analysts expect Associated Banc-Corp (ASB) to post quarterly earnings of $0.52 per share in its upcoming report, which indicates a year-over-year decline of 25.7%. Revenues are expected to be $325.89 million, down 8.4% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.B ...