Welcome to our dedicated page for Associated Banc news (Ticker: ASB), a resource for investors and traders seeking the latest updates and insights on Associated Banc stock.
Associated Banc-Corp (NYSE: ASB) is a Wisconsin-based bank holding company and, according to its public disclosures, the largest bank holding company based in the state. Through its Midwest banking franchise, the company provides banking and nonbanking products and services to individuals and businesses, with nearly 200 banking locations across more than 100 communities in Wisconsin, Illinois, Minnesota and Missouri, and loan production offices in several additional states.
This news page aggregates company-issued announcements and other coverage related to Associated Banc-Corp and its subsidiaries. Readers can find updates on quarterly earnings results, dividend declarations, changes to the bank’s prime rate, and details of investor conference participation. The company regularly uses press releases and Form 8-K filings to share information about its financial performance and strategic priorities.
News for ASB also includes developments in its regional expansion and leadership. Recent communications describe new market presidents in key areas such as Madison and the Twin Cities, as well as the opening of new branch locations, including a downtown Minneapolis branch in the IDS Center. These items illustrate how the company manages its branch network and leadership structure across its Midwest footprint.
Another important category of news involves corporate transactions and strategic initiatives. Associated Banc-Corp has announced an Agreement and Plan of Merger with American National Corporation, under which American National is expected to merge into Associated Banc-Corp, with American National Bank merging into Associated Bank, National Association, subject to regulatory approvals and other customary conditions. Investors following ASB news can monitor updates on this proposed merger and related regulatory and shareholder milestones.
For those tracking Associated Banc-Corp, this page offers a centralized view of earnings announcements, capital and dividend actions, rate changes, leadership updates and transaction-related disclosures that the company releases over time.
On February 1, 2023, Associated Banc-Corp (NYSE: ASB) announced upcoming investor meetings at various conferences. Key executives, including Andy Harmening and Derek Meyer, will present at the BofA Securities Financial Services Conference on February 14, 2023, at 3:20 p.m. ET, and will also participate in the KBW Winter Financial Services Conference on February 16-17, 2023. Additionally, they will present at the RBC Capital Markets Financial Institutions Conference on March 8, 2023. Live webcasts and replays of these presentations will be available on the company's website.
On February 1, 2023, the Board of Directors of Associated Banc-Corp (ASB) declared a quarterly cash dividend of $0.21 per common share, payable on March 15, 2023 to shareholders of record as of March 1, 2023. Additionally, dividends of $0.3671875 per depositary share for the 5.875% Series E Preferred Stock and $0.3515625 for the 5.625% Series F Preferred Stock were also announced, with the same payment and record dates. As the largest bank holding company in Wisconsin, Associated Banc-Corp boasts total assets of $39 billion, serving over 100 communities across multiple states.
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Associated Banc-Corp (NYSE: ASB) reported a strong financial performance for Q4 and full year 2022. Net income for Q4 was $106 million ($0.70 per share), up from $74 million ($0.49) in Q4 2021. For the year, total earnings reached $355 million ($2.34 per share), a $21 million increase over 2021. Key metrics include a 32% rise in net interest income to $957 million and total loans increasing by $4.6 billion to $28.8 billion. However, noninterest income fell by $50 million to $282 million. The company anticipates loan growth of 7%-9% and net interest income growth of 15%-17% in 2023.
Associated Banc-Corp (NYSE: ASB) is set to release its fourth quarter 2022 financial results on January 26, 2023, after market close. A conference call for investors and analysts will be held at 4:00 p.m. CT on the same day. The results can be accessed via the Company's website or through a dedicated phone line. Associated Banc-Corp has total assets of $38 billion, making it the largest bank holding company based in Wisconsin.
Associated Banc-Corp (NYSE: ASB) announced the appointment of Terry L. Williams as the new Chief Information Officer, effective January 17, 2023. Williams brings over 30 years of experience in strategic information technology, previously serving as CIO and CTO at Belcan, LLC. He is expected to enhance Associated's digital transformation strategy, aligning technology with business growth. The company maintains total assets of $38 billion and operates over 200 banking locations across three states.
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The Board of Directors of Associated Banc-Corp (ASB) declared a quarterly cash dividend of $0.21 per common share, an increase of $0.01 from the prior dividend of $0.20. This dividend is payable on December 15, 2022, to shareholders on record by December 1, 2022. Additionally, dividends for preferred stock series are $0.3671875 for Series E and $0.3515625 for Series F, payable on the same date.
Associated Banc-Corp (NYSE: ASB) will participate in the Piper Sandler East Coast Financial Services Conference on November 8-9, 2022, in Palm Beach, FL. CEO Andy Harmening and CFO Derek Meyer will engage with investors during this event. Fourth quarter investor materials will be accessible before the conference on the company’s website, offering insights into their financial performance. Associated Banc-Corp, headquartered in Green Bay, Wisconsin, has assets totaling $38 billion and operates over 200 locations across the Midwest.