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Associated Banc-Corp (NYSE: ASB) is a prominent bank holding company headquartered in Green Bay, Wisconsin. With total assets of $41 billion, it stands as the largest bank holding company based in Wisconsin and is recognized as one of the top 50 publicly traded U.S. bank holding companies. The company operates a robust Midwest banking franchise with over 200 banking locations that serve more than 100 communities throughout Wisconsin, Illinois, and Minnesota. Additionally, Associated Banc-Corp extends commercial financial services to Indiana, Michigan, Missouri, Ohio, and Texas through its loan production offices.
Associated Banc-Corp offers a comprehensive suite of financial products and services, catering to both individual and business needs. Its core business segments include Corporate and Commercial Specialty, Community, Consumer, and Business, and Risk Management and Shared Services. The company’s extensive range of services encompasses retail banking, commercial banking, mortgage banking, private banking, and wealth management solutions. Its flagship subsidiary, Associated Bank, N.A., is a member of the FDIC and is an Equal Housing Lender and Equal Opportunity Lender.
In recent developments, Associated Banc-Corp continues to expand and enhance its services under a people-led, digitally enabled strategic plan. This plan involves significant investments in technology, personnel, and product offerings to foster growth and improve customer experience. Notably, the company has strengthened its leadership team with strategic appointments, such as Phillip Trier as Executive Vice President of Commercial Banking Group and Steven Zandpour as Director of Retail Banking. These appointments are set to drive business development and service excellence across major metropolitan markets.
The company recently reported its financial results for the first quarter of 2024, showcasing a net income of $78 million, or $0.52 per common share. This performance reflects the company’s solid strategic execution, with stable loan and deposit growth and a strong capital position. Associated Banc-Corp's commitment to community service is exemplified by initiatives like the annual Day of Service and Stock the Box food drive, which mobilize thousands of employees to support local communities.
More information about Associated Banc-Corp is available at www.associatedbank.com.
Associated Banc-Corp (NYSE: ASB) will announce its fourth quarter 2020 financial results on January 21, 2021, after market close. The company will host a conference call for investors at 4:00 p.m. Central Time on the same day. Interested parties can access the live webcast through the Investor Relations section of its website or dial into the call. Associated Banc-Corp reported total assets of nearly $35 billion and operates more than 220 banking locations across various U.S. states.
Associated Banc-Corp (NYSE: ASB) will participate in the 2020 Bank of America Securities Future of Financials Virtual Conference on November 9-10, 2020. Key executives, including President and CEO Philip Flynn, will present to investors at 9:40 EST on November 10. The fourth quarter investor presentation will be available at 8:00 am EST on November 9 via the company’s website. Associated Banc-Corp, headquartered in Green Bay, Wisconsin, has total assets of $35 billion and operates over 240 banking locations across the Midwest.
Associated Banc-Corp (NYSE: ASB) announced on November 2, 2020, that Tammy Stadler has been appointed to its executive committee, effective November 1, 2020. As executive vice president and corporate controller, she will oversee financial information and compliance with accounting standards. Stadler, who joined Associated in 1996 and has been corporate controller since 2013, is recognized for her significant contributions to the company's leadership. Associated Banc-Corp operates with total assets of $35 billion and serves multiple states across the Midwest.
Associated Banc-Corp (NYSE: ASB) declared a quarterly cash dividend of $0.18 per common share, payable on December 15, 2020, to shareholders of record by December 1, 2020. Additionally, dividends for its preferred stock series were announced: $0.3828125 for Series C, $0.3359375 for Series D, $0.3671875 for Series E, and $0.3515625 for Series F, all payable on the same date to the same record date. Associated Banc-Corp maintains assets totaling $35 billion and operates over 240 locations across multiple states.
Associated Banc-Corp (NYSE: ASB) reported a net income of $40 million, or $0.26 per share, for Q3 2020, down from $80 million or $0.49 per share a year ago. Year-to-date earnings reached $227 million, or $1.46 per share, slightly down from $243 million, or $1.48 per share for the same period last year. The company plans to reduce run-rate expenses by $40 million while improving net interest income by $20 million.
Associated Banc-Corp (NYSE: ASB) will release its third quarter 2020 financial results on October 22, 2020, after market close. A conference call for investors and analysts is scheduled for 4:00 p.m. CT the same day, accessible via a live webcast on the company's Investor Relations website or by phone. Associated Banc-Corp, a leading Midwest bank holding company with total assets of $36 billion, operates over 240 locations across Wisconsin, Illinois, Minnesota, and commercial services in several other states.
Associated Banc-Corp (NYSE: ASB) will present at the 2020 Barclays Global Financial Services Conference on September 14, 2020. Key executives, including Philip Flynn, Christopher J. Del Moral-Niles, and Dave Stein, will engage with investors. A comprehensive investor presentation is set to be available at 7:00 am CST on the same day through the company's website. With total assets of $36 billion, Associated is among the top 50 publicly traded U.S. bank holding companies, serving multiple states across the Midwest.
On July 27, 2020, Associated Banc-Corp (NYSE: ASB) declared a quarterly cash dividend of $0.18 per common share, payable on September 15, 2020, to shareholders of record as of September 1, 2020. Additionally, dividends for various series of preferred stock were announced, including $0.3828125 for Series C, $0.3359375 for Series D, $0.3671875 for Series E, and $0.3515625 for Series F, all payable on the same date. Associated has total assets of $36 billion and operates over 240 banking locations across the Midwest.
Associated Banc-Corp (NYSE: ASB) reported $145 million net income ($0.94/share) for Q2 2020, up from $42 million in Q1 2020. Excluding a gain from the sale of Associated Benefits and Risk Consulting, earnings were $0.26 per share. Average loans and deposits rose by 8% to $25.2 billion and $26.1 billion, respectively. However, net interest income fell 6% to $190 million with a net interest margin of 2.49%. The company successfully supported customers amid COVID-19 with over $1 billion in PPP funding.
On June 30, 2020, Associated Banc-Corp (NYSE: ASB) announced the completion of the sale of Associated Benefits & Risk Consulting (ABRC) to USI Insurance Services. This transaction is expected to generate a pre-tax book gain of approximately $165 million for the second quarter of 2020. ABRC, a Midwest-based consulting firm with 400 employees, offers various insurance and consulting services. USI is a major player in the insurance brokerage sector, enhancing its service capabilities with the acquisition.
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