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Associated Bank to Hold Second Annual Day of Service
prnewswire.com· 2024-05-29 14:00
Over 2,400 Associate Bank employees are likely to participate in hundreds of activities benefiting 200+ community organizations across Wisconsin, Illinois and Minnesota GREEN BAY, Wis., May 29, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced plans for its 2024 Stock the Box and Day of Service initiatives, an annual food drive and volunteer event that mobilizes thousands of employees across the bank's footprint to give back to their local communities. In its second year, the 20 ...
Associated Banc-Corp. (ASB) Loans & Deposits Aid Amid High Costs
zacks.com· 2024-05-20 16:31
Associated Banc-Corp. (ASB) remains well-positioned for revenue growth on the back of solid loans and deposit balance alongside higher rates. Further, strategic initiatives and a strong balance sheet are likely to bolster operational efficiency. However, an elevated expense base, worsening asset quality and concentrated loan portfolio remain challenges.Associated Banc-Corp.’s organic growth strategy is reflected in its robust loans and deposit balances and efforts to boost fee income. Though the company’s r ...
Associated Banc-Corp: Baby Bond Presents Best Income Option
seekingalpha.com· 2024-05-16 17:43
koya79/iStock via Getty Images Associated Banc-Corp (NYSE:ASB) is a regional bank that is working through the challenges of maintaining deposits and increasing interest expenses faced by the industry. The bank is one of a few that offers a baby bond (NYSE:ASBA). A baby bond is a debt instrument, which trades on an exchange and can only be impaired by a default. I covered the Associated Banc-Corp baby bond back in December and decided to revisit my thesis. Currently, the bond is trading at a higher coupo ...
Associated Bank Announces Community Commitment of $2 Billion
Prnewswire· 2024-05-15 14:00
The three-year community commitment will help uplift and enable customers to succeed across the bank's footprint GREEN BAY, Wis., May 15, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced its $2 billion Community Commitment Plan ("CCP") that will uphold its dedication to the communities it supports and empowers. The 2024-2026 CCP marks Associated's fourth three-year commitment since 2016, which has resulted in $9 billion contributed to communities across Wisconsin, Minneso ...
Associated Bank Adds Chun Schiros as Chief Analytics Officer to Help Lead Data and AI Innovation
Prnewswire· 2024-05-08 17:00
Schiros brings advanced analytics and marketing optimization capabilities that will support Associated Bank's personalization, acquisition and relationship-deepening efforts GREEN BAY, Wis., May 8, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced the expansion of its product and marketing leadership team with the addition of Chun Schiros as senior vice president, chief analytics officer. Schiros will focus on enhancing the bank's ability to access and use data effectively ...
Associated Banc-p(ASB) - 2024 Q1 - Quarterly Report
2024-04-30 20:23
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, 2024 ☐ 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 (920) 491-7500 (Registrant's telephone number, including area code) (not applicable) ...
Associated Announces Annual Meeting Results and Dividends
Prnewswire· 2024-04-30 20:15
GREEN BAY, Wis., April 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced the results of the actions taken at its 2024 Annual Meeting of Shareholders. Annual Meeting Results The following directors were elected: John (Jay) B. Williams, chairman, Associated Banc-Corp, and chairman, Church Mutual Insurance Company Andrew J. Harmening, president and chief executive officer, Associated Banc-Corp R. Jay Gerken, director of 17 mutual funds associated with Sanford C. Bernstei ...
Associated Banc-Corp (ASB) Q1 Earnings Top as Fee Income Rises
Zacks Investment Research· 2024-04-26 11:56
Associated Banc-Corp’s (ASB) first-quarter 2024 earnings of 52 cents per share beat the Zacks Consensus Estimate of 49 cents. However, the bottom line compared unfavorably with the prior-year quarter’s earnings of 66 cents. The results in the reported quarter include the FDIC special assessment charge.Results benefited from higher non-interest income and a rise in loans and deposit balance. However, a decline in net interest income (NII) and an increase in expenses and provisions were headwinds.Net income a ...
Associated Banc-p(ASB) - 2024 Q1 - Earnings Call Transcript
2024-04-26 01:50
Associated Banc-Corp (NYSE:ASB) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Andrew Harmening - President and Chief Executive Officer Derek Meyer - Chief Financial Officer Patrick Ahern - Chief Credit Officer and Chicago Market President Conference Call Participants Daniel Tamayo - Raymond James & Associates, Inc. Jon Arfstrom - RBC Capital Markets Terry McEvoy - Stephens Inc. Scott Siefers - Piper Sandler Nicholas Moutafakis - Keefe, Bruyette, & Woods, Inc. Operator Good ...
Compared to Estimates, Associated Banc-Corp (ASB) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-26 01:01
Associated Banc-Corp (ASB) reported $326.61 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.2%. EPS of $0.52 for the same period compares to $0.66 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $327.46 million, representing a surprise of -0.26%. The company delivered an EPS surprise of +6.12%, with the consensus EPS estimate being $0.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...