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Associated Banc-Corp (ASB) Stock News

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Associated Banc-Corp operates as a Wisconsin-based bank holding company serving consumers, businesses, municipalities, developers, not-for-profits and financial institutions through Associated Bank. News about ASB commonly covers operating and financial results, loan and deposit trends, credit performance, investor presentations and updates across commercial, community banking, consumer banking and risk-management activities.

Company updates also include specialty banking expansion, private banking and wealth-related initiatives, community investment programs tied to affordable housing, capital-structure disclosures and governance matters. Associated’s business mix includes corporate and commercial specialty banking, community and business banking, and shared risk-management services across its Midwest banking franchise.

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Associated Banc-Corp (ASB) reported third-quarter 2026 earnings of $0.76 per common share, up from both the prior quarter and a year earlier. Net income available to common shareholders was $144 million, versus $121 million in the second quarter and $122 million a year earlier. Adjusted earnings, excluding nonrecurring acquisition expenses, were $154 million, or $0.81 per share.

Net interest income reached $377 million, up 24% year over year, while net interest margin rose to 3.20%. Period-end deposits increased 16% year over year to $40.4 billion; loans rose 18% to $36.5 billion. Noninterest expense was $260 million, including $13 million of nonrecurring American National acquisition costs. Nonaccrual loans increased to $183 million from $150 million in the prior quarter. Associated repurchased $100 million of common stock and completed the American National conversion.

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Associated Banc-Corp (NYSE: ASB) expects to release third quarter 2026 financial results after market close on October 22, 2026.

The company also expects to host an investor and analyst conference call that day at 4:00 p.m. Central Time, with a live webcast available through its Investor Relations website. Financial tables and an accompanying slide presentation are expected to be available just before the call.

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Associated Banc-Corp (ASB)/b) announced an increase in Associated Bank, N.A.'s prime lending rate to , up from 6.75%, effective September 17, 2026.

The new rate applies to loans tied to the bank's published prime rate.

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Associated Banc-Corp (ASB) will participate in the 24th Annual Barclays Global Financial Services Conference in New York on September 14-16, 2026. Management expects to present on Tuesday, September 15, 2026, at 7:30 a.m. ET, with a live webcast and 180-day replay available via the company’s investor relations website.

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Associated Banc-Corp (ASB) announced that Angela M.W. Kelley, 45, will become executive vice president, general counsel and corporate secretary, succeeding retiring incumbent Randall J. Erickson, 67, effective October 13, 2026.

Erickson, who has held the role for more than 14 years, will remain in an advisory capacity through the end of 2026 to support a smooth transition. Kelley brings about 20 years of experience in corporate law, business strategy and executive management, including serving as CEO of Diversity Lab/Talent Multipliers since 2025 and previous senior roles at Heartland Financial USA, PacWest Bancorp and NBT Bancorp. She will be based in Milwaukee and report directly to president and CEO Andy Harmening.

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Associated Banc-Corp (NYSE: ASB) declared a regular quarterly cash dividend of $0.24 per common share, payable on September 15, 2026, to shareholders of record on September 1, 2026. The Board also approved regular quarterly dividends on its 5.875% Series E preferred at $0.3671875 per depositary share and 5.625% Series F preferred at $0.3515625, with the same record and payment dates.

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Associated Banc-Corp (NYSE: ASB) reported second quarter 2026 net income available to common equity of $121 million, or $0.63 per diluted common share, versus $117 million ($0.70) in 1Q 2026 and $108 million ($0.65) in 2Q 2025. Excluding $24 million of nonrecurring costs tied to the April 1, 2026 acquisition of American National Corporation, adjusted earnings were $140 million, or $0.73 per share.1

Period-end loans reached $36.5 billion (+15% QoQ, +19% YoY) and deposits $39.9 billion (+12% QoQ, +17% YoY), with core customer deposits at $34.2 billion (+21% YoY). Net interest income rose to $370 million (+20% QoQ, +23% YoY) on a 3.17% net interest margin. Noninterest income was $80 million, while noninterest expense increased to $272 million, including integration costs. Provision for credit losses on loans was $19 million, net charge-offs were $23 million, and the allowance for credit losses on loans was $494 million, or 1.36% of total loans. The CET1 ratio stood at 10.47%, above well-capitalized benchmarks.

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Associated Bank (NYSE:ASB) launched the second year of its AI Academy, a summer program for Milwaukee middle and high school students focused on artificial intelligence, financial literacy and digital skills. The 2026 program adds flexible, self-paced mobile learning, three differentiated learning journeys, and weekly content modules.

Developed with the Boys & Girls Clubs of Greater Milwaukee and powered by Skillsoft, the academy covers AI fundamentals, data analysis, online safety, ethics and finance. Students earn digital badges, “AB Bucks” incentives and conclude with a Student Pitch Showcase.

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Associated Bank (NYSE: ASB) appointed Andy Miner as senior director, AI for Corporate & Commercial Banking, reporting to EVP Phillip Trier. The role centralizes AI strategy, use cases, delivery and risk stewardship for Commercial banking, supporting growth, data-driven insights and more personalized client experiences.

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Associated Banc-Corp (NYSE: ASB) plans to release its second quarter 2026 earnings on Thursday, July 23, 2026, after market close.

The company will host an investor conference call at 4:00 p.m. CT, with live webcast, dial-in options, slides, and an archived audio replay available via its investor relations website.

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FAQ

What is the current stock price of Associated Banc-Corp (ASB)?

Associated Banc-Corp (ASB) last closed at $29.81.

What is the market cap of Associated Banc-Corp (ASB)?

The market cap of Associated Banc-Corp (ASB) is approximately $5.6B.