Associated Banc-Corp (ASB) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Associated Banc-Corp reported revenue of $366.98 million for the quarter ended June 2025, reflecting a year-over-year increase of 12.7% [1] - The company's EPS was $0.65, up from $0.52 in the same quarter last year, exceeding the consensus estimate of $0.62 by 4.84% [1] - The revenue surpassed the Zacks Consensus Estimate of $362.81 million, resulting in a surprise of +1.15% [1] Financial Metrics - Total earning assets averaged $40.07 billion, exceeding the average estimate of $39.56 billion [4] - Net Interest Margin remained stable at 3%, matching the average estimate [4] - Annualized year-to-date net charge offs to average loans were 0.2%, consistent with analyst estimates [4] - Total nonperforming assets were reported at $148.17 million, lower than the estimated $161.65 million [4] - Adjusted efficiency ratio was 57.2%, slightly above the average estimate of 56.4% [4] - Net Interest Income (FTE) was $304.23 million, surpassing the average estimate of $296.03 million [4] - Bank and corporate owned life insurance revenue was $4.14 million, below the estimate of $4.33 million [4] - Capital markets net revenue was $5.77 million, exceeding the average estimate of $4.36 million [4] - Mortgage banking net revenue was $4.21 million, above the estimated $3.74 million [4] - Card-based fees were reported at $11.2 million, slightly higher than the estimate of $11.03 million [4] - Service charges and deposit accounts fees reached $13.15 million, exceeding the average estimate of $12.92 million [4] - Wealth management fees were $23.03 million, above the estimated $22.43 million [4] Stock Performance - Shares of Associated Banc-Corp have returned +8% over the past month, outperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]