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 release its second quarter 2021 financial results on July 22, 2021, after market close. A conference call for investors and analysts is scheduled for 4:00 p.m. CT on the same day, accessible via the Investor Relations section of their website. The bank, with total assets of $35 billion, is Wisconsin's largest bank holding company, operating over 220 locations across Wisconsin, Illinois, and Minnesota, among others.
Associated Banc-Corp (NYSE: ASB), Wisconsin's largest bank holding company with total assets of $35 billion, announced that it will participate in two investor events. The first is the KBW Virtual Chicago Bank Field Trip on June 3, 2021, followed by the Piper Sandler Virtual Upper Midwest Bank Field Trip on June 7-8, 2021. Investor presentation materials will be available on their website before the events. Associated provides a wide range of financial services through over 220 locations across the Midwest.
Associated Banc-Corp (NYSE:ASB) announced the redemption of its 3.500% Fixed Rate Senior Notes due 2021, totaling $300 million. The redemption will be executed on July 13, 2021, at 100% of the principal amount plus accrued interest. Associated Banc-Corp, Wisconsin's largest bank holding company with total assets of $35 billion, operates more than 220 banking locations across several states, offering a diverse range of financial services.
Summary not available.
Associated Banc-Corp (NYSE: ASB) reported a first quarter 2021 net income of $89 million or $0.58 per share, a significant increase from $62 million in Q4 2020 and $42 million in Q1 2020. Average loans rose by 5% to $24.5 billion, while average deposits increased by 10% to $26.8 billion. Noninterest expenses decreased by 9%, but net interest income fell by 13%. The company facilitated $293 million in new PPP loans and expects modest loan growth for 2021.
Associated Banc-Corp (NYSE: ASB) will meet with investors at several upcoming events, including the Stephens Inc. Virtual Chicago Bank Field Trip on May 6, 2021, the Wells Fargo Securities Virtual Financial Services Investor Conference on May 19-20, 2021, and the Truist Securities Virtual Financial Services Conference on May 25-26, 2021. A second quarter investor presentation will be available on their website before these events. Associated Banc-Corp operates over 220 locations across Wisconsin, Illinois, and Minnesota, offering extensive financial services.
Associated Banc-Corp announced a landmark $3.37 billion Community Commitment Plan on April 7, 2021, representing a 40% increase from its previous plan. This three-year initiative aims to support communities across Wisconsin, Minnesota, and Illinois through various financial services and investments. Key commitments include $2.4 billion for residential mortgages, $350 million for small business loans, and $600 million for community development. The plan is a continuation of previous successful efforts, aiming to enhance access to financial products for low-to-moderate-income and minority communities.
Associated Banc-Corp (NYSE: ASB) will announce its first quarter 2021 financial results on April 22, 2021, after market close. A conference call for investors is scheduled for the same day at 4:00 p.m. CT, which can be accessed via the company's website or by phone. Associated Banc-Corp, headquartered in Green Bay, Wisconsin, has total assets of $33 billion and operates over 220 banking locations across multiple states, providing a wide range of financial products and services.
Associated Banc-Corp (NYSE: ASB) has appointed Andrew J. Harmening as the new president and CEO, effective April 28, 2021. Harmening, previously with Huntington Bank, brings over 25 years of banking experience and a proven record in driving profitable growth and enhancing customer experience. He will succeed Philip B. Flynn, who is retiring after nearly 12 years. Flynn will assist Harmening during the transition. The Board expresses gratitude for Flynn's leadership through key challenges, including the Great Recession and the COVID-19 pandemic.
Associated Banc-Corp (NYSE: ASB) will participate in the 2021 RBC Capital Markets Global Financials Conference on March 9-10, 2021. Key executives, including President and CEO Philip Flynn and CFO Christopher J. Del Moral-Niles, will engage with investors. An investor presentation will be available on the company's website prior to the event. Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is a leading Midwest bank holding company operating over 220 locations across multiple states.