Associated Banc-Corp Repositions Balance Sheet, to Incur a Loss in Q4

Associated Banc-Corp (ASB) has announced balance sheet repositioning transactions to support its organic growth strategy. While the transactions will result in a net loss in fourth-quarter 2024 for the company, the strategy is focused on long-term growth and profitability. President and CEO Andy Harmening said, “This balance sheet repositioning supports and accelerates our organic strategy by enhancing our earnings profile, boosting capital, and providing additional capacity for loan growth.”Details & Impac ...