GREEN BAY, Wis., June 26, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release second quarter 2024 financial results on Thursday, July 25, 2024, after market close. The Company also expects to host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) on the same day.Interested parties can access the live webcast of the call through the Investor Relations section of the Company's website, http://investor.associatedbank.com. Parties may also dial i ...

文章核心观点 - 穆迪维持Associated Banc-Corp的评级展望为稳定 [1][2][10] - 这主要是由于公司商业地产贷款集中度高以及资本和流动性相对较弱 [2][3][4][10] - 但公司的存款结构和商业地产贷款管理有助于缓解风险 [5][11] - 公司近期的资产负债表调整措施有望在2024年带来适度收益改善 [8][11] 公司概况 - Associated Banc-Corp是一家区域性银行控股公司 [1] - 截至2024年3月31日,商业地产贷款占其风险加权资产的241% [3] - 公司的有形普通股权/风险加权资产比率为9.3%,相对较低 [4] - 但商业地产贷款仅占其总贷款的25%,低于许多其他区域性银行 [5] - 公司的商业地产贷款质量较好,有助于缓解相关风险 [5] 财务表现 - 公司过去5年(2019-2023年)平均净收益/有形资产为0.8% [6] - 2024年净收益/有形资产预计难以超过0.8%,与近期水平基本持平 [9] - 公司流动性相对较弱,活期存款占比约77% [7] - 但公司近期的资产负债表调整有助于提升收益 [8] 评级展望 - 如果公司能够维持有形普通股权/风险加权资产比率高于10.5%、进一步提升拨备前利润和降低贷款损失,以及改善资金状况,评级可能上调 [12] - 但如果资产质量恶化或风险暴露加大,或有形普通股权/风险加权资产比率低于9%,评级可能下调 [13][14]

Over 2,400 Associate Bank employees are likely to participate in hundreds of activities benefiting 200+ community organizations across Wisconsin, Illinois and Minnesota GREEN BAY, Wis., May 29, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced plans for its 2024 Stock the Box and Day of Service initiatives, an annual food drive and volunteer event that mobilizes thousands of employees across the bank's footprint to give back to their local communities. In its second year, the 20 ...

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 ...

koya79/iStock via Getty Images Associated Banc-Corp (NYSE:ASB) is a regional bank that is working through the challenges of maintaining deposits and increasing interest expenses faced by the industry. The bank is one of a few that offers a baby bond (NYSE:ASBA). A baby bond is a debt instrument, which trades on an exchange and can only be impaired by a default. I covered the Associated Banc-Corp baby bond back in December and decided to revisit my thesis. Currently, the bond is trading at a higher coupo ...

The three-year community commitment will help uplift and enable customers to succeed across the bank's footprint GREEN BAY, Wis., May 15, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced its $2 billion Community Commitment Plan ("CCP") that will uphold its dedication to the communities it supports and empowers. The 2024-2026 CCP marks Associated's fourth three-year commitment since 2016, which has resulted in $9 billion contributed to communities across Wisconsin, Minneso ...

Schiros brings advanced analytics and marketing optimization capabilities that will support Associated Bank's personalization, acquisition and relationship-deepening efforts GREEN BAY, Wis., May 8, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced the expansion of its product and marketing leadership team with the addition of Chun Schiros as senior vice president, chief analytics officer. Schiros will focus on enhancing the bank's ability to access and use data effectively ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-31343 Associated Banc-Corp (920) 491-7500 (Registrant's telephone number, including area code) (not applicable) ...

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 ...

财务表现 - ASB 2024年第一季度每股收益为52美分，超过了Zacks Consensus预估的49美分[1] - 净利润可供普通股股东为7830万美元，较去年同期下降22%[3] - 总收入（FTE基础）为3.266亿美元，同比下降4%[4] - 净利息收入为2.534亿美元，同比下降6%[5] - 非利息收入为6500万美元，增长5%[6] 贷款和信贷质量 - 总贷款为295亿美元，较上季度增长1%[9] - 信贷质量恶化，本季度信贷损失准备金为2400万美元，较去年同期增长34%[10] 资本和股票回购 - 资本比率下降，Tier 1风险加权资本比率为10.02%，较2023年同期的10.05%下降[12] - 公司回购了90万股股票[13] 预测展望 - 公司预计贷款增长为4-6%[14] - 预计净利息收入将增长2-4%[15] - 预计调整后的非利息支出将增加2-3%[16] 业务展望 - 公司的业务重组努力有望继续支持财务状况，但高昂的支出和准备金可能会在短期内影响利润[17] - ASB目前持有Zacks Rank 2（买入）[18]