Back in early December of last year, one bank that I came very close to downgrading was Associated Banc-Corp (NYSE: ASB ). From the time I originally rated the company a "strong buy" in October ofCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live ...

Company Overview - Associated Banc-Corp (ASB) is headquartered in Green Bay and has experienced a price change of -6.23% this year [3] - The company currently pays a dividend of $0.23 per share, resulting in a dividend yield of 4.11%, which is higher than the Banks - Midwest industry's yield of 3.28% and the S&P 500's yield of 1.64% [3] Dividend Performance - The annualized dividend of $0.92 represents a 3.4% increase from the previous year [4] - Over the past five years, Associated Banc-Corp has increased its dividend four times, averaging an annual increase of 5.65% [4] - The current payout ratio is 41%, indicating that the company pays out 41% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for earnings per share in 2025 is $2.44, reflecting a year-over-year growth rate of 2.52% [5] Investment Considerations - Dividends are favored by investors for various reasons, including improving stock investing profits and providing tax advantages [6] - High-yielding stocks may face challenges during periods of rising interest rates, but ASB is considered a compelling investment opportunity due to its strong dividend profile [7] - The stock currently holds a Zacks Rank of 3 (Hold) [7]

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: March 31, 2025 ☐ 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 (Exact name of registrant as specified in its charter) (State or other jurisdiction ...

Investors might want to bet on Associated Banc-Corp (ASB) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a ch ...

Investors with an interest in Banks - Midwest stocks have likely encountered both Associated Banc-Corp (ASB) and UMB Financial (UMBF) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positi ...

Core Insights - Associated Banc-Corp's (ASB) first-quarter 2025 earnings per share (EPS) were 59 cents, exceeding the Zacks Consensus Estimate of 57 cents and up from 52 cents in the prior-year quarter [1] - The increase in earnings was driven by higher net interest income (NII) and adjusted non-interest income, alongside growth in loans and deposits, while higher expenses posed a challenge [1] Financial Performance - Net income available to common shareholders reached $98.8 million, a 26% increase from the year-ago quarter, surpassing the estimate of $89.5 million [2] - Total revenues for the quarter were $349 million, a 7% year-over-year increase, but fell short of the Zacks Consensus Estimate of $350.7 million [3] - NII was reported at $285.9 million, an 11% increase, with a net interest margin of 2.97%, up 18 basis points year over year [3] - Non-interest income was $58.8 million, down 10%, but adjusted non-interest income, excluding losses from mortgage portfolio sales, rose 2% to $66 million [4] - Non-interest expenses increased by 7% to $210.6 million, exceeding the estimate of $203.5 million [4] Loan and Deposit Growth - As of March 31, 2025, total loans were $30.3 billion, a 2% increase from the prior quarter, while total deposits grew 2% to $35.2 billion [5] Credit Quality - The provision for credit losses was $13 million, down 46% from the prior-year quarter, indicating improved credit quality [6] - Total non-performing assets decreased by 15% to $159 million, with non-accrual loans falling 24% to $134.8 million [6] - Net charge-offs dropped 61% from the prior-year quarter to $8.7 million [6] Capital Ratios - The Tier 1 risk-based capital ratio improved to 10.68%, up from 10.02% in the same period of 2024, while the common equity Tier 1 capital ratio rose to 10.11% from 9.43% [7] Share Repurchase - During the reported quarter, the company repurchased 0.9 million shares [8] Outlook for 2025 - Management anticipates loan growth of 5-6% and core customer deposits to rise by 4-5%, with total deposits projected to increase by 1-2% [9] - NII is expected to grow by 12-13%, while adjusted non-interest income is forecasted to remain stable or grow by 1% [9] - Total non-interest expenses are likely to rise by 3-4%, with an effective tax rate expected between 19-21% [10] Strategic Position - The company's restructuring efforts are expected to support financial performance, with a solid balance sheet positioning it for growth despite rising expenses and a challenging operating environment [11]

Associated Banc-Corp (NYSE:ASB) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Andrew Harmening - President and CEO Derek Meyer - EVP and CFO Patrick Ahern - EVP, CCO, and President, Chicago Market Conference Call Participants Timur Braziler - Wells Fargo Securities Daniel Tamayo - Raymond James Scott Siefers - Piper Sandler Jared Shaw - Barclays Jon Arfstrom - RBC Capital Markets Casey Haire - Autonomous Terry McEvoy - Stephens Chris McGratty - KBW Operator Good afternoon ...

Associated Banc-Corp (ASB) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.51%. A quarter ago, it was expected that this bank holding company would post earnings of $0.55 per share when it actually produced earnings of $0.57, delivering a surprise of 3.64%. Over the last four quart ...

Exhibit 99.1 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 First Quarter 2025 Net Income Available to Common Equity of $99 Million, or $0.59 per Common Share GREEN BAY, Wis. -- April 24, 2025 -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of ...

Core Viewpoint - Associated Banc-Corp reported a strong financial performance for the first quarter of 2025, with net income of $99 million, a significant recovery from a loss in the previous quarter and an increase compared to the same period last year [1][2]. Financial Performance - Net income available to common equity was $99 million, or $0.59 per share, compared to a loss of $164 million, or $1.03 per share in Q4 2024, and earnings of $78 million, or $0.52 per share in Q1 2024 [1]. - The first quarter 2025 net interest income was $286 million, an increase of $16 million from the prior quarter and $28 million from the same period last year [7]. - Noninterest income totaled $59 million, an increase of $266 million from the prior quarter but a decrease of $6 million, or 10%, from the same period last year [11]. Loan and Deposit Growth - Average total loans for Q1 2025 were $30.1 billion, a decrease of $91 million from the prior quarter but an increase of 3%, or $742 million, from the same period last year [5]. - Average deposits for Q1 2025 were $34.8 billion, an increase of 1%, or $496 million, from the prior quarter and an increase of 5%, or $1.6 billion, from the same period last year [6]. Capital and Credit Quality - The CET1 capital ratio was 10.11% as of March 31, 2025, indicating a strong capital position [16]. - The provision for credit losses on loans was $13 million, down from $17 million in the prior quarter and $24 million in the same period last year [15]. Strategic Initiatives - The company achieved key milestones in its strategic plan, including commercial expansion and a record-high net promoter score, contributing to a solid financial quarter [2]. - The company expects loan growth of 5% to 6% and deposit growth of 1% to 2% for the year 2025 compared to the year ended December 31, 2024 [5][6].