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Associated Banc-Corp Announces Increase in Common Stock Dividend
Prnewswire· 2024-10-29 20:15
GREEN BAY, Wis., Oct. 29, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024. This is an increase of $0.01 from the previous quarterly dividend of $0.22 per common share. The Board of Directors also declared a regular quarterly cash dividend of $0.3671875 per depositary share on Associated' ...
Associated Banc-Corp Q3 Earnings Beat as NII Rises, Provisions Fall
ZACKS· 2024-10-25 13:41
Associated Banc-Corp's (ASB) third-quarter 2024 earnings of 56 cents per share surpassed the Zacks Consensus Estimate of 51 cents. Also, the bottom line compared favorably with 53 cents earned in the prioryear quarter. See the Zacks Earnings Calendar to stay ahead of market-making news. Results benefited from higher loans and deposit balance, which along with relatively high interest rates, supported net interest income (NII). Further, an increase in non-interest income and lower provisions act as tailwinds ...
Associated Banc-p(ASB) - 2024 Q3 - Earnings Call Transcript
2024-10-25 01:15
Associated Banc-Corp (NYSE:ASB) Q1 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Andrew Harmening - President and Chief Executive Officer Derek Meyer - Executive Vice President and Chief Financial Officer Patrick Ahern - Executive Vice President, Chief Credit Officer and Chicago Market President Conference Call Participants Daniel Tamayo - Raymond James Scott Siefers - Piper Sandler Jared Shaw - Barclays Jon Arfstrom - Capital Markets Terry McEvoy - Stephens Inc. Timur Brazi ...
Associated Banc-Corp (ASB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-24 23:35
For the quarter ended September 2024, Associated Banc-Corp (ASB) reported revenue of $329.73 million, up 1.3% over the same period last year. EPS came in at $0.56, compared to $0.53 in the year-ago quarter.The reported revenue represents a surprise of -2.02% over the Zacks Consensus Estimate of $336.52 million. With the consensus EPS estimate being $0.51, the EPS surprise was +9.80%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...
Associated Banc-Corp (ASB) Tops Q3 Earnings Estimates
ZACKS· 2024-10-24 22:35
Associated Banc-Corp (ASB) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.80%. 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 $0.52, delivering no surprise.Over the last four quarters, the c ...
Associated Banc-p(ASB) - 2024 Q3 - Earnings Call Presentation
2024-10-24 20:44
Third Quarter 2024 Earnings Presentation OCTOBER 24, 2024 Forward-Looking Statements 1 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. Suc ...
Associated Banc-p(ASB) - 2024 Q3 - Quarterly Results
2024-10-24 20:16
Exhibit 99.1 NEWS RELEASE Investor Contact: Ben McCarville, Vice President, Director of Investor Relations 920-491-7059 Media Contact: Andrea Kozek, Senior Manager, Public Relations 920-491-7518 Associated Banc-Corp Reports Third Quarter 2024 Net Income Available to Common Equity of $85 Million, or $0.56 per Common Share GREEN BAY, Wis. -- October 24, 2024 -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $85 million, or $0.5 ...
Associated Banc-Corp Reports Third Quarter 2024 Net Income Available to Common Equity of $85 Million, or $0.56 per Common Share
Prnewswire· 2024-10-24 20:15
GREEN BAY, Wis., Oct. 24, 2024 /PRNewswire/ --Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $85 million, or $0.56 per common share, for the quarter ended September 30, 2024. These amounts compare to earnings of $113 million, or $0.74 per common share, for the quarter ended June 30, 2024 and earnings of $80 million, or $0.53 per common share, for the quarter ended September 30, 2023."In the first nine months of 2024, we've re ...
Unlocking Q3 Potential of Associated Banc-Corp (ASB): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-10-23 14:21
Analysts on Wall Street project that Associated Banc-Corp (ASB) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $336.52 million, increasing 3.4% from the same quarter last year.Over the last 30 days, there has been a downward revision of 1.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial ...
Associated Bank Launches New Deposit Vertical
Prnewswire· 2024-10-22 15:10
Rick Bruhn joins bank as senior vice president and head of Specialty Deposits and Payment Solutions MILWAUKEE, Oct. 22, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) (Associated) Rick Bruhn has joined Associated Bank as senior vice president and head of the Specialty Deposit and Payment Solutions national vertical. Bruhn is responsible for collaborating with internal and external partners to build this new business vertical within the bank. In addition, he is responsible for driving the specialty de ...