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Associated Banc-Corp. (ASB) Loans & Deposits Aid Amid High Costs
ASBAssociated Banc-p(ASB) zacks.com·2024-05-20 16:31

Associated Banc-Corp. (ASB) remains well-positioned for revenue growth on the back of solid loans and deposit balance alongside higher rates. Further, strategic initiatives and a strong balance sheet are likely to bolster operational efficiency. However, an elevated expense base, worsening asset quality and concentrated loan portfolio remain challenges.Associated Banc-Corp.’s organic growth strategy is reflected in its robust loans and deposit balances and efforts to boost fee income. Though the company’s r ...