Associated Banc-Corp Decreases Prime Rate
Rhea-AI Summary
Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A., has announced a reduction in its prime rate. The bank will decrease its prime rate by 25 basis points from 7.50% to 7.25%, with the change becoming effective on September 18, 2025.
Positive
- Prime rate reduction of 25 basis points could stimulate borrowing and lending activity
Negative
- Lower prime rate may potentially reduce net interest margin and interest income
News Market Reaction
On the day this news was published, ASB gained 2.43%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
Media Contact: Andrea Kozek
VP/Senior Manager, Public Relations
920-491-7518
View original content:https://www.prnewswire.com/news-releases/associated-banc-corp-decreases-prime-rate-302559737.html
SOURCE Associated Banc-Corp