Associated Banc-p(ASB)

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Associated Announces Annual Meeting Results and Dividends
Prnewswire· 2024-04-30 20:15
GREEN BAY, Wis., April 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced the results of the actions taken at its 2024 Annual Meeting of Shareholders. Annual Meeting Results The following directors were elected: John (Jay) B. Williams, chairman, Associated Banc-Corp, and chairman, Church Mutual Insurance Company Andrew J. Harmening, president and chief executive officer, Associated Banc-Corp R. Jay Gerken, director of 17 mutual funds associated with Sanford C. Bernstei ...
Associated Banc-Corp (ASB) Q1 Earnings Top as Fee Income Rises
Zacks Investment Research· 2024-04-26 11:56
Associated Banc-Corp’s (ASB) first-quarter 2024 earnings of 52 cents per share beat the Zacks Consensus Estimate of 49 cents. However, the bottom line compared unfavorably with the prior-year quarter’s earnings of 66 cents. The results in the reported quarter include the FDIC special assessment charge.Results benefited from higher non-interest income and a rise in loans and deposit balance. However, a decline in net interest income (NII) and an increase in expenses and provisions were headwinds.Net income a ...
Associated Banc-p(ASB) - 2024 Q1 - Earnings Call Transcript
2024-04-26 01:50
Associated Banc-Corp (NYSE:ASB) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Andrew Harmening - President and Chief Executive Officer Derek Meyer - Chief Financial Officer Patrick Ahern - Chief Credit Officer and Chicago Market President Conference Call Participants Daniel Tamayo - Raymond James & Associates, Inc. Jon Arfstrom - RBC Capital Markets Terry McEvoy - Stephens Inc. Scott Siefers - Piper Sandler Nicholas Moutafakis - Keefe, Bruyette, & Woods, Inc. Operator Good ...
Compared to Estimates, Associated Banc-Corp (ASB) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-26 01:01
Associated Banc-Corp (ASB) reported $326.61 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.2%. EPS of $0.52 for the same period compares to $0.66 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $327.46 million, representing a surprise of -0.26%. The company delivered an EPS surprise of +6.12%, with the consensus EPS estimate being $0.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...
Associated Banc-Corp (ASB) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-04-25 23:25
Associated Banc-Corp (ASB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.12%. A quarter ago, it was expected that this bank holding company would post earnings of $0.52 per share when it actually produced earnings of $0.53, delivering a surprise of 1.92%.Over the last four quarter ...
Associated Banc-p(ASB) - 2024 Q1 - Earnings Call Presentation
2024-04-25 23:12
First Quarter 2024 Earnings Presentation APRIL 25, 2024 Forward-Looking Statements Important note regarding forward-looking statements: Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management’s plans, objectives, or goals for future operations, products or services, and forecasts of its revenues, earnings, or other measures of performance. Such fo ...
Associated Banc-p(ASB) - 2024 Q1 - Quarterly Results
2024-04-25 20:16
Exhibit 99.1 NEWS RELEASE Investor Contact: Ben McCarville, Vice President, Director of Investor Relations 920-491-7059 Media Contact: Marilka Vélez, Senior Vice President, Senior Director of Marketing 920-491-7518 Associated Banc-Corp Reports First Quarter 2024 Net Income Available to Common Equity of $78 Million, or $0.52 per Common Share Results driven by balance sheet growth, margin expansion and continued execution of strategic initiatives GREEN BAY, Wis. -- April 25, 2024 -- Associated Banc-Corp (NYSE ...
Associated Banc-Corp Reports First Quarter 2024 Net Income Available to Common Equity of $78 Million, or $0.52 per Common Share
Prnewswire· 2024-04-25 20:15
Results driven by balance sheet growth, margin expansion and continued execution of strategic initiatives GREEN BAY, Wis., April 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $78 million, or $0.52 per common share, for the quarter ended March 31, 2024. These amounts compare to a loss of $94 million, or $(0.62) per common share, for the quarter ended December 31, 2023 and earnings of $100 million, or ...
Analysts Estimate Associated Banc-Corp (ASB) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-04-18 15:08
Associated Banc-Corp (ASB) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 25, 2024, might help the stock move higher if these key numbers are better th ...
Is Associated BancCorp (ASB) Stock Undervalued Right Now?
Zacks Investment Research· 2024-04-17 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving ...