In its upcoming report, Associated Banc-Corp (ASB) is predicted by Wall Street analysts to post quarterly earnings of $0.55 per share, reflecting an increase of 3.8% compared to the same period last year. Revenues are forecasted to be $343.34 million, representing a year-over-year increase of 6.6%.The consensus EPS estimate for the quarter has been revised 4.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial est ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Associated Banc-Corp (ASB) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 23, 2025, might help the stock move higher if these key numbers are bett ...

Associated Banc-Corp. (ASB) remains well-positioned for growth on the back of its strategic expansion plan, with a steady rise in loans and deposit balance. Also, the company’s balance sheet repositioning efforts will support top-line growth. However, mounting expenses and worsening asset quality are headwinds.Factors Supporting Associated Banc-Corp’s GrowthOrganic Growth Story: Associated Banc-Corp.’s organic growth strategy is reflected in its robust loans and deposit balances and efforts to boost fee inc ...

Accessibility StatementSkip Navigation "We're thrilled to have Stacy, Kevin, Mike and Scott join our team as we continue to expand our commercial presence throughout the Midwest while holding serve in our legacy markets," said Phil Trier, Executive Vice President and Head of Corporate and Commercial Banking. "All four of these individuals bring unique skill sets and a dedication to developing strong relationships with clients that fits perfectly with what we're building here at Associated." Stacy Quick is e ...

公司高层变动 - Associated Banc-Corp宣布任命Heath Sorenson为Associated Trust Company的执行副总裁、董事总经理兼首席执行官，自2025年2月1日起生效 John Thayer将转任执行副总裁兼高级领导顾问[1] - Sorenson将负责领导和管理Associated Trust Company的全面财富管理解决方案，包括战略、收入增长、技术、风险、运营和合规[2] 新任高管背景 - Sorenson拥有超过25年的财富管理经验，最近担任Midland States Bank的Midland Wealth Management首席运营官、Midland Wealth Advisors LLC总裁和Midland Trust Company总裁[3] - 他曾在AMCORE/BMO担任投资和资本市场运营高级副总裁，在Raymond James担任注册负责人/分支机构经理，以及在Loan Servicing担任副总裁/经理[3] 新任高管职责 - Sorenson将领导个人、企业及机构信托服务、投资管理、退休计划解决方案以及信托管理/运营[2] - 他将专注于通过增强客户体验、销售、运营效率和高绩效团队建设来推动增长[3] 现任高管贡献 - John Thayer在Associated Bank任职近25年，统一了之前独立的业务，形成了一个财富管理实体，并在三年内推动了1.5亿美元的营收[4] - Thayer在多个危机和监管变化中领导业务，并建立了新的领导团队[4] 公司概况 - Associated Banc-Corp总部位于威斯康星州格林贝，是威斯康星州最大的银行控股公司，总资产达420亿美元[6] - 公司提供全面的金融产品和服务，拥有近200个银行网点，服务于威斯康星州、伊利诺伊州和明尼苏达州的100多个社区[7] 新任高管展望 - Sorenson表示期待加入Associated Bank Private Wealth和Associated Trust Company，并希望与客户和社区互动[4] - 他拥有伊利诺伊大学厄巴纳-香槟分校的会计学学士学位和北伊利诺伊大学的MBA学位，并完成了西北大学的财务规划课程，获得了注册财务规划师（CFP®）认证[5]

文章核心观点 - Associated Banc-Corp (ASB) 宣布进行资产负债表重构交易，以支持其有机增长战略 这些交易预计将在2024年第四季度导致公司净亏损，但公司专注于长期增长和盈利能力 [1] 资产负债表重构的细节与影响 - 公司出售了约13亿美元的投资证券（平均收益率为1.87%），并计划出售0.7亿美元的低收益抵押贷款，主要来自单一产品关系 抵押贷款销售预计将在2025年第一季度完成 [2] - 这些交易预计将导致2.53亿美元的税后亏损 公司将出售投资证券的收益再投资于约15亿美元的更高收益证券（平均收益率为5.08%） [3] - 资产负债表重构将通过偿还FHLB贷款和减少低收益资产来增加公司的批发融资能力 [3] - 在模拟基础上，重构预计将使2024年第三季度的净利息收入增加约1580万美元，并将净利息收益率提高19个基点 此外，这将增强公司的盈利能力，增加资本并提供增长空间 此外，抵押贷款的销售将降低住宅抵押贷款占公司总贷款的比例 [4] 市场表现与评级 - ASB的股价在过去三个月上涨了22.8%，超过了行业20.8%的涨幅 [7] - 目前，ASB持有Zacks排名3（持有） [9] 同行业公司 - ASB的一些评级较高的同行包括Civista Bancshares (CIVB) 和MidWestOne Financial Group (MOFG)，它们都持有Zacks排名1（强力买入） [10] - CIVB的当前年度盈利预测在过去60天内上调了9.1%，其股价在过去三个月上涨了38.1% [10] - MOFG的当前年度盈利预测在过去两个月内上调了4.1%，其股价在过去三个月上涨了19.6% [11]

GREEN BAY, Wis., Dec. 4, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced balance sheet repositioning transactions to accelerate the Company's organic growth strategy. Pursuant to the terms of the transactions, Associated sold approximately $1.3 billion of investment securities and has agreed to sell approximately $0.7 billion in mortgage loans, primarily in single-product relationships. The sale of the mortgage loans is expected to close in the first quarter of 2025."We are now three y ...

For those in the States, I wish you a Happy Thanksgiving! Depending on when you are reading this, you might be taking a well-earned nap, watching football, or enjoying the company of family. While we enjoy the holiday season, another joy in financial lifeDerek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds ...

GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp ("Associated") (NYSE: ASB) today announced the pricing of a public offering of 12,000,000 shares of its common stock, $0.01 par value (the "Common Stock"), at a public offering price of $25.00 per share, for aggregate gross proceeds of $300 million.In addition, Associated Banc-Corp has granted the underwriters an option to purchase up to an additional 1,800,000 shares of its Common Stock for 30 days following the date of this pricing. The o ...

GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced a proposed public offering of 11,500,000 shares of its common stock, $0.01 par value (the "Common Stock").In addition, Associated Banc-Corp ("Associated") expects to grant the underwriters for the offering an option to purchase up to an additional 1,725,000 shares of its Common Stock sold in the offering for 30 days following the date of the pricing of the offering.Associated expects to use the net proceeds from ...