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.
Associated Banc-Corp (NYSE: ASB) will present at the BofA Securities 2021 Banking and Financials Conference on November 10, 2021, at 3:20 p.m. ET. Management will also meet with investors during the event. An investor presentation will be accessible beforehand on Associated Banc-Corp's website. As Wisconsin's largest bank holding company, Associated Banc-Corp boasts total assets of $34 billion and offers financial services across multiple states including Wisconsin, Illinois, and Minnesota. More details can be found at investor.associatedbank.com.
Associated Banc-Corp (NYSE: ASB) announced the launch of Associated Bank Auto Finance, an indirect auto lending service available through eligible dealerships in 13 states, including Michigan, Indiana, and New York, with a planned expansion to Wisconsin, Minnesota, and Illinois in 2022. The service will be led by Craig Stickney, bringing a team with over 100 years of combined experience. This initiative aims to enhance consumer financing options, offering service 362 days a year.
Associated Banc-Corp (NYSE: ASB) will announce its third quarter 2021 financial results on October 21, 2021, after market close. A conference call for investors and analysts is scheduled for 4:00 p.m. CT on the same day. Interested parties can access the live webcast through the Investor Relations section of the company's website or dial in using the provided phone numbers. Associated Banc-Corp is Wisconsin's largest bank holding company, with total assets of $34 billion and over 200 banking locations serving multiple states.
Associated Banc-Corp (NYSE: ASB) announced strategic expansions in lending and digital capabilities to enhance growth. Key initiatives include the launch of a new Auto Finance vertical and an Equipment Finance vertical slated for early 2022. The expansion will deepen relationships with manufacturing clients and improve customer experience. Additionally, the company is bolstering its Commercial Middle Market lending and Wealth strategy by recruiting experienced talent. These advancements aim to deliver higher shareholder returns and position the bank for accelerated revenue growth.
Associated Banc-Corp (NYSE: ASB) announced its participation in the 2021 Barclays Global Financial Services Conference on September 13, 2021, at 2:45 p.m. ET. Management will also engage with investors throughout the event. An investor presentation will be accessible before the conference on the company’s website, highlighting its position as Wisconsin's largest bank holding company with total assets of $34 billion. The bank operates over 220 locations across multiple states, providing comprehensive financial services.
Associated Banc-Corp (NYSE: ASB) announced the redemption of all outstanding Depositary Shares representing interests in its 5.375% Perpetual Preferred Stock, Series D, effective September 15, 2021. There are currently 3,978,320 Depositary Shares to be redeemed at $25 each, plus any declared and unpaid dividends. The notice of redemption was sent to holders on August 5, 2021, and payments will be processed through The Depository Trust Company by Equiniti Trust Company. Associated Banc-Corp is Wisconsin's largest bank holding company, with total assets of $34 billion.
The Board of Directors of Associated Banc-Corp (NYSE: ASB) declared a quarterly cash dividend of $0.20 per common share, up from $0.18, payable on September 15, 2021. Shareholders of record by September 1, 2021 will receive this increase. Additionally, dividends for preferred stocks include $0.3359375 for Series D, $0.3671875 for Series E, and $0.3515625 for Series F, also payable on September 15, 2021. Associated Banc-Corp is Wisconsin's largest bank holding company with total assets of $34 billion.
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Associated Banc-Corp (NYSE: ASB) reported a net income of $86 million or $0.56 per share for Q2 2021, a decrease from $145 million or $0.94 per share in Q2 2020. The results reflect an improving credit environment, with total loans (excluding PPP) up $216 million to $23.5 billion, despite a decrease in deposits of $413 million to $27.3 billion. Net interest income rose $4 million to $180 million. The company anticipates full-year commercial loan growth of 2% to 4% in 2021.
Associated Banc-Corp (NYSE: ASB) has announced the promotion of John P. Thayer to executive vice president and head of Wealth Management. Thayer, who joined the company in 2000, previously served as chief investment officer and will now lead a comprehensive suite of wealth management services. His background includes a Bachelor of Arts in economics from the University of Michigan and professional designations as a Chartered Financial Analyst and CERTIFIED FINANCIAL PLANNER. This leadership change aims to enhance the company's wealth management offerings to clients.