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 operates as a regional bank holding company across the Midwest, making its news coverage particularly relevant for investors tracking interest rate decisions, regulatory developments, and regional economic trends. The company's position as a top 50 U.S. bank holding company means its announcements often reflect broader industry dynamics affecting mid-sized financial institutions.
Earnings reports for regional banks like Associated Banc-Corp reveal critical insights into net interest margin trends, credit quality metrics, and loan portfolio composition. These quarterly disclosures show how the company navigates Federal Reserve monetary policy changes, which directly impact profitability through the spread between lending rates and deposit costs. Investors following ASB news can track how management adjusts balance sheet positioning in response to shifting interest rate environments.
Dividend announcements and capital management decisions provide signals about the company's financial strength and regulatory capital positioning. Bank holding companies must balance shareholder returns with regulatory requirements and growth funding needs, making dividend policy changes particularly meaningful. News about capital actions often coincides with broader strategic updates about market expansion, technology investments, or branch network optimization.
Regulatory filings and compliance developments represent another important news category for bank holding companies. Changes in capital requirements, stress testing results, or regulatory examination findings can significantly impact operations and profitability. Monitoring these developments helps investors understand the evolving regulatory landscape affecting regional banking institutions.
This news feed aggregates all material announcements affecting Associated Banc-Corp, providing investors with timely updates on earnings releases, dividend declarations, executive changes, strategic initiatives, and regulatory developments. Bookmark this page for comprehensive coverage of ASB developments as they occur.
Associated Banc-Corp (NYSE: ASB) will participate in the 2020 Bank of America Securities Future of Financials Virtual Conference on November 9-10, 2020. Key executives, including President and CEO Philip Flynn, will present to investors at 9:40 EST on November 10. The fourth quarter investor presentation will be available at 8:00 am EST on November 9 via the company’s website. Associated Banc-Corp, headquartered in Green Bay, Wisconsin, has total assets of $35 billion and operates over 240 banking locations across the Midwest.
Associated Banc-Corp (NYSE: ASB) announced on November 2, 2020, that Tammy Stadler has been appointed to its executive committee, effective November 1, 2020. As executive vice president and corporate controller, she will oversee financial information and compliance with accounting standards. Stadler, who joined Associated in 1996 and has been corporate controller since 2013, is recognized for her significant contributions to the company's leadership. Associated Banc-Corp operates with total assets of $35 billion and serves multiple states across the Midwest.
Associated Banc-Corp (NYSE: ASB) declared a quarterly cash dividend of $0.18 per common share, payable on December 15, 2020, to shareholders of record by December 1, 2020. Additionally, dividends for its preferred stock series were announced: $0.3828125 for Series C, $0.3359375 for Series D, $0.3671875 for Series E, and $0.3515625 for Series F, all payable on the same date to the same record date. Associated Banc-Corp maintains assets totaling $35 billion and operates over 240 locations across multiple states.
Associated Banc-Corp (NYSE: ASB) reported a net income of $40 million, or $0.26 per share, for Q3 2020, down from $80 million or $0.49 per share a year ago. Year-to-date earnings reached $227 million, or $1.46 per share, slightly down from $243 million, or $1.48 per share for the same period last year. The company plans to reduce run-rate expenses by $40 million while improving net interest income by $20 million.
Associated Banc-Corp (NYSE: ASB) will release its third quarter 2020 financial results on October 22, 2020, after market close. A conference call for investors and analysts is scheduled for 4:00 p.m. CT the same day, accessible via a live webcast on the company's Investor Relations website or by phone. Associated Banc-Corp, a leading Midwest bank holding company with total assets of $36 billion, operates over 240 locations across Wisconsin, Illinois, Minnesota, and commercial services in several other states.
Associated Banc-Corp (NYSE: ASB) will present at the 2020 Barclays Global Financial Services Conference on September 14, 2020. Key executives, including Philip Flynn, Christopher J. Del Moral-Niles, and Dave Stein, will engage with investors. A comprehensive investor presentation is set to be available at 7:00 am CST on the same day through the company's website. With total assets of $36 billion, Associated is among the top 50 publicly traded U.S. bank holding companies, serving multiple states across the Midwest.
On July 27, 2020, Associated Banc-Corp (NYSE: ASB) declared a quarterly cash dividend of $0.18 per common share, payable on September 15, 2020, to shareholders of record as of September 1, 2020. Additionally, dividends for various series of preferred stock were announced, including $0.3828125 for Series C, $0.3359375 for Series D, $0.3671875 for Series E, and $0.3515625 for Series F, all payable on the same date. Associated has total assets of $36 billion and operates over 240 banking locations across the Midwest.
Associated Banc-Corp (NYSE: ASB) reported $145 million net income ($0.94/share) for Q2 2020, up from $42 million in Q1 2020. Excluding a gain from the sale of Associated Benefits and Risk Consulting, earnings were $0.26 per share. Average loans and deposits rose by 8% to $25.2 billion and $26.1 billion, respectively. However, net interest income fell 6% to $190 million with a net interest margin of 2.49%. The company successfully supported customers amid COVID-19 with over $1 billion in PPP funding.
On June 30, 2020, Associated Banc-Corp (NYSE: ASB) announced the completion of the sale of Associated Benefits & Risk Consulting (ABRC) to USI Insurance Services. This transaction is expected to generate a pre-tax book gain of approximately $165 million for the second quarter of 2020. ABRC, a Midwest-based consulting firm with 400 employees, offers various insurance and consulting services. USI is a major player in the insurance brokerage sector, enhancing its service capabilities with the acquisition.
Associated Banc-Corp (NYSE: ASB) is set to release its second quarter 2020 financial results on July 23, 2020, after market close. A conference call for investors and analysts will occur at 4:00 p.m. CT on the same day. The company has total assets of $34 billion and operates over 240 banking locations across the Midwest. Interested parties can access the call via the company's website or dial in for participation. The financial tables and a presentation will be available online prior to the call.
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