Associated Banc-Corp Announces Dividends

Rhea-AI Summary

Associated Banc-Corp (NYSE: ASB) has announced its quarterly dividend declarations. The company's Board of Directors declared a regular quarterly cash dividend of $0.23 per common share, payable on March 17, 2025, to shareholders of record as of March 3, 2025.

Additionally, the Board declared dividends on two preferred stock series: a quarterly cash dividend of $0.3671875 per depositary share on the 5.875% Series E Perpetual Preferred Stock and a quarterly cash dividend of $0.3515625 per depositary share on the 5.625% Series F Perpetual Preferred Stock. Both preferred stock dividends share the same payment and record dates as the common share dividend.

Positive

• Regular quarterly dividend of $0.23 per common share maintained, showing stable shareholder returns
• Consistent preferred stock dividend payments indicating financial stability

Negative

• None.

News Market Reaction – ASB

+0.32%

1 alert

+0.32% News Effect

On the day this news was published, ASB gained 0.32%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

GREEN BAY, Wis., Jan. 28, 2025 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, payable on March 17, 2025, to shareholders of record at the close of business on March 3, 2025.

The Board of Directors also declared a regular quarterly cash dividend of $0.3671875 per depositary share on Associated's 5.875% Series E Perpetual Preferred Stock, payable on March 17, 2025, to shareholders of record at the close of business on March 3, 2025.

The Board of Directors also declared a regular quarterly cash dividend of $0.3515625 per depositary share on Associated's 5.625% Series F Perpetual Preferred Stock, payable on March 17, 2025, to shareholders of record at the close of business on March 3, 2025.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $43 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The Company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

FORWARD-LOOKING STATEMENTS

Statements made in this release 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 forward-looking statements may be identified by the use of words such as "believe," "expect," "anticipate," "plan," "estimate," "should," "intend," "target," "outlook," "project," "guidance," "forecast," or similar expressions. Forward-looking statements are based on current management expectations and, by their nature, are subject to risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. Factors which may cause actual results to differ materially from those contained in such forward-looking statements include those identified in the Company's most recent Form 10-K and subsequent Form 10-Qs and other SEC filings, and such factors are incorporated herein by reference.

Investor Contact:
Ben McCarville, Senior Vice President, Director of Investor Relations      
920-491-7059

Media Contact:
Andrea Kozek, Vice President, Public Relations Senior Manager
920-491-7518

View original content:https://www.prnewswire.com/news-releases/associated-banc-corp-announces-dividends-302362475.html

SOURCE Associated Banc-Corp

FAQ

What is Associated Banc-Corp's (ASB) quarterly dividend amount for Q1 2025?

Associated Banc-Corp declared a quarterly cash dividend of $0.23 per common share for Q1 2025.

When is the payment date for ASB's Q1 2025 dividend?

The dividend payment date is March 17, 2025.

What is the record date for Associated Banc-Corp's Q1 2025 dividend?

The record date is March 3, 2025, at the close of business.

What are the dividend rates for ASB's preferred stock series?

ASB declared $0.3671875 per share for Series E Preferred Stock (5.875%) and $0.3515625 per share for Series F Preferred Stock (5.625%).

Do ASB's preferred stock dividends have the same payment date as common stock dividends?

Yes, both preferred stock series dividends are payable on March 17, 2025, the same date as the common stock dividend.