Associated Banc-p(ASB)

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Associated Banc-Corp to Attend Three First Quarter Investor Events
Prnewswire· 2025-01-28 21:16
GREEN BAY, Wis., Jan. 28, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the following events in the first quarter of 2025: BofA Securities 2025 Financial Services Conference in Miami, FL on February 11-12, 2025 2025 KBW Winter Financial Services Conference in Boca Raton, FL on February 12-14, 2025 2025 RBC Capital Markets Global Financial Institutions Conference in New York, NY on March 4-5, 2025Management also expects to present ...
Associated Banc-Corp Q4 Earnings Beat as NII Rises, Provisions Fall
ZACKS· 2025-01-24 13:36
Associated Banc-Corp’s (ASB) fourth-quarter 2024 adjusted earnings of 57 cents per share surpassed the Zacks Consensus Estimate of 55 cents. Also, the bottom line compared favorably with 53 cents earned in the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from an increase in net interest income (NII) and adjusted non-interest income. A rise in deposit balance and lower provisions acted as tailwinds. However, higher adjusted expenses were the undermi ...
Associated Banc-p(ASB) - 2024 Q4 - Earnings Call Presentation
2025-01-24 00:58
Trademarks: All trademarks, service marks, and trade names referenced in this material are official trademarks and the property of their respective owners. Presentation: Strategic Update Presentation December 4, 2024 Associated Banc-Corp Important Disclosures 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 r ...
Associated Banc-p(ASB) - 2024 Q4 - Earnings Call Transcript
2025-01-24 00:57
Financial Data and Key Metrics - The company raised over $300 million of new capital through a common stock issuance [2] - The company sold approximately $700 million in low-yielding mortgage loans and $1.3 billion worth of AFS securities as part of a balance sheet repositioning [2] - The company purchased $55 million in existing customer credit card balances [3] Business Line Data and Key Metrics - The company launched a new specialty deposit and payment solutions vertical to enhance its commercial capabilities [2] Market Data and Key Metrics - Unemployment rates in Wisconsin, Minnesota, and several other Midwestern states remain well below the national average of 4.1% [2] - Prime and super prime consumer borrowers have remained resilient, and commercial customers are cautiously optimistic about their growth prospects in 2025 [2] Company Strategy and Industry Competition - The company remains front-footed with the execution of its growth strategy, leveraging the stable economic environment in the Midwest [2] Management Commentary on Operating Environment and Future Outlook - The US economy, particularly in the Midwest, shows signs of strength and stability, which has supported the company's strategic initiatives [2] - Commercial customers are cautiously optimistic about growth prospects in 2025, reflecting a positive outlook for the company's business environment [2] Other Important Information - The company's Chief Financial Officer, Derek Meyer, and Chief Credit Officer, Pat Ahern, provided updates on margin, income statement, capital trends, and credit during the call [1] Q&A Session - No specific Q&A details were provided in the content
Associated Banc-Corp (ASB) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2025-01-24 00:31
Associated Banc-Corp (ASB) reported $345.78 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 7.3%. EPS of $0.57 for the same period compares to $0.53 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $343.34 million, representing a surprise of +0.71%. The company delivered an EPS surprise of +3.64%, with the consensus EPS estimate being $0.55.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...
Associated Banc-Corp (ASB) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2025-01-23 23:40
Associated Banc-Corp (ASB) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.55 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 3.64%. A quarter ago, it was expected that this bank holding company would post earnings of $0.51 per share when it actually produced earnings of $0.56, delivering a surprise of 9.80%.Over the last four quarter ...
Associated Banc-p(ASB) - 2024 Q4 - Annual Results
2025-01-23 21:16
NEWS RELEASE Investor Contact: Ben McCarville, Senior Vice President, Director of Investor Relations 920-491-7059 Media Contact: Andrea Kozek, Vice President, Public Relations Senior Manager 920-491-7518 Associated Banc-Corp Reports Full Year 2024 Earnings of $0.72 Per Common Share, or $2.38 Per Common Share Excluding Nonrecurring Items Recognized During the Fourth Quarter 1 GREEN BAY, Wis. -- January 23, 2025 -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income availabl ...
Associated Banc-Corp Reports Full Year 2024 Earnings of $0.72 Per Common Share, or $2.38 Per Common Share Excluding Nonrecurring Items Recognized During the Fourth Quarter(1)
Prnewswire· 2025-01-23 21:15
GREEN BAY, Wis., Jan. 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $112 million, or $0.72 per common share for the year ended December 31, 2024. These amounts compare to earnings of $171 million, or $1.13 per common share, for the year ended December 31, 2023. For the quarter ended December 31, 2024, the Company reported a loss of $164 million, or $1.03 per common share. These amounts compare to a l ...
Ahead of Associated Banc-Corp (ASB) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2025-01-17 15:20
In its upcoming report, Associated Banc-Corp (ASB) is predicted by Wall Street analysts to post quarterly earnings of $0.55 per share, reflecting an increase of 3.8% compared to the same period last year. Revenues are forecasted to be $343.34 million, representing a year-over-year increase of 6.6%.The consensus EPS estimate for the quarter has been revised 4.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial est ...
Associated Banc-Corp (ASB) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-01-16 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Associated Banc-Corp (ASB) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 23, 2025, might help the stock move higher if these key numbers are bett ...