Associated Banc-Corp (ASB) Surpasses Q2 Earnings and Revenue Estimates

Core Viewpoint - Associated Banc-Corp reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, and showing an increase from $0.52 per share a year ago, indicating a positive earnings surprise of +4.84% [1] Financial Performance - The company achieved revenues of $366.98 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.15%, and up from $325.5 million year-over-year [2] - Over the last four quarters, Associated Banc-Corp has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Stock Performance - Since the beginning of the year, Associated Banc-Corp shares have increased by approximately 8.4%, compared to the S&P 500's gain of 8.1% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.63 on revenues of $369.87 million, and for the current fiscal year, it is $2.50 on revenues of $1.46 billion [7] - The company's favorable estimate revisions trend prior to the earnings release has resulted in a Zacks Rank 2 (Buy), suggesting expected outperformance in the near future [6] Industry Context - The Banks - Midwest industry, to which Associated Banc-Corp belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook for stocks within this sector [8]