Associated Banc-p(ASB)
Search documents
Associated Banc-Corp (ASB) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-04-25 23:25
Associated Banc-Corp (ASB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.12%. 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 $0.53, delivering a surprise of 1.92%.Over the last four quarter ...
Associated Banc-p(ASB) - 2024 Q1 - Earnings Call Presentation
2024-04-25 23:12
First Quarter 2024 Earnings Presentation APRIL 25, 2024 Forward-Looking Statements 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. Such fo ...
Associated Banc-p(ASB) - 2024 Q1 - Quarterly Results
2024-04-25 20:16
Exhibit 99.1 NEWS RELEASE Investor Contact: Ben McCarville, Vice President, Director of Investor Relations 920-491-7059 Media Contact: Marilka Vélez, Senior Vice President, Senior Director of Marketing 920-491-7518 Associated Banc-Corp Reports First Quarter 2024 Net Income Available to Common Equity of $78 Million, or $0.52 per Common Share Results driven by balance sheet growth, margin expansion and continued execution of strategic initiatives GREEN BAY, Wis. -- April 25, 2024 -- Associated Banc-Corp (NYSE ...
Associated Banc-Corp Reports First Quarter 2024 Net Income Available to Common Equity of $78 Million, or $0.52 per Common Share
Prnewswire· 2024-04-25 20:15
Results driven by balance sheet growth, margin expansion and continued execution of strategic initiatives GREEN BAY, Wis., April 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $78 million, or $0.52 per common share, for the quarter ended March 31, 2024. These amounts compare to a loss of $94 million, or $(0.62) per common share, for the quarter ended December 31, 2023 and earnings of $100 million, or ...
Analysts Estimate Associated Banc-Corp (ASB) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-04-18 15:08
Associated Banc-Corp (ASB) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 25, 2024, might help the stock move higher if these key numbers are better th ...
Is Associated BancCorp (ASB) Stock Undervalued Right Now?
Zacks Investment Research· 2024-04-17 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving ...
What Makes Associated Banc-Corp (ASB) a New Buy Stock
Zacks Investment Research· 2024-04-16 17:01
Investors might want to bet on Associated Banc-Corp (ASB) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...
Associated Banc-Corp: Don't Bank On More Massive Upside (Rating Downgrade)
Seeking Alpha· 2024-03-07 22:14
ridvan_celik One of the best feelings in the world is seeing an opportunity that you were very bullish about appreciate materially in a rather short window of time. Last year, because of the plunge in financial stocks that came about because of the banking crisis, I found myself gravitating toward banks of all shapes and sizes. In many of these cases, I was bullish, rating most of the companies a "buy." But a select few ended up receiving a "strong buy" rating from me. One such firm was Associated Banc- ...
Associated Banc-Corp (ASB) Rides on Strategic Plan, Costs High
Zacks Investment Research· 2024-02-16 19:16
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) ...
Associated Bank Named Among Newsweek's "America's Best Regional Banks and Credit Unions 2024"
Prnewswire· 2024-02-09 18:57
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 ...