ASB to Deepen Midwest Presence Via $604M American National Buyout

Key Takeaways ASB agrees to acquire American National in a $604M all-stock deal, expected to be closed in Q2 2026.The merger strengthens ASB's Midwest scale with low-cost deposits and 79,000 added accounts.ASB expects cost savings, 2027 EPS accretion and improved capital and efficiency measures.Associated Banc-Corp (ASB) entered into a definitive merger agreement to acquire American National Corporation and its wholly-owned subsidiary, American National Bank. The all-stock transaction is valued at roughly $ ...