Welcome to our dedicated page for Associated Banc-Corp news (Ticker: $ASB), a resource for investors and traders seeking the latest updates and insights on Associated Banc-Corp stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Associated Banc-Corp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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Associated Banc-Corp (ASB) will participate in the 2024 KBW Winter Financial Services Conference in Boca Raton, FL, from Feb 14-16, 2024. First quarter investor materials will be accessible on the Company's website.
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Associated Banc-Corp (ASB) has declared regular quarterly cash dividends for common shares and preferred stocks, with $0.22 per common share, $0.3671875 per depositary share on 5.875% Series E Perpetual Preferred Stock, and $0.3515625 per depositary share on 5.625% Series F Perpetual Preferred Stock. The dividends are payable on March 15, 2024, to shareholders of record at the close of business on March 1, 2024.
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Associated Banc-Corp (ASB) reported a significant decrease in net income for the year ended December 31, 2023, compared to the previous year. The company's net income available to common equity was $171 million, or $1.13 per common share, a decrease from $355 million, or $2.34 per common share, in 2022. For the quarter ended December 31, 2023, the company reported a loss of $94 million, or $(0.62) per common share, compared to earnings of $106 million, or $0.70 per common share, in the same quarter of 2022. President and CEO Andy Harmening acknowledged the challenges faced by the regional banking industry in 2023 and highlighted the company's response to the uncertain macro environment.
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Associated Bank appoints Steven Zandpour as Executive Vice President, Director of Retail Banking, focusing on consumer and small business growth across major metropolitan markets. The company aims to deepen core customer deposit relationships and leverage customer feedback to deliver targeted product and service enhancements. Zandpour joins from BMO in Chicago, bringing extensive experience in specialty sales and leadership at Fifth Third Bank in Illinois. He is currently completing his MBA at the University of Notre Dame and will be located in Milwaukee.
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Associated Banc-Corp (ASB) to Release Q4 2023 Financial Results on January 25, 2024
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Associated Bank (ASB) proudly announced a perfect score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, showcasing its commitment to LGBTQ+ workplace equality. The bank's Pride & Equality Colleague Resource Group played a pivotal role in this achievement. The CEI rates companies based on non-discrimination policies, equitable benefits, inclusive culture, and corporate social responsibility. Associated Bank's recognition highlights its dedication to fostering an inclusive workplace environment.
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Associated Bank appoints Phillip Trier as Executive Vice President, Commercial Banking Group Leader. Trier will focus on accelerating core Commercial Middle Market business development across major metropolitan markets, lead equipment finance and leasing, and commercial deposit and treasury management sales and service strategies. The bank announced plans for a people-led, digitally enabled strategic plan to grow the loan portfolio, customer deposit growth, and improve the banking experience.
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Associated Banc-Corp (NYSE: ASB) announces plans for the next phase of their strategic plan, focusing on loan portfolio growth, core customer deposit growth, and enhancing the banking experience for customers. The company will bolster talent, drive core customer deposit growth, and continue digital roadmap execution. The company also plans to fund investments with expense control and balance sheet repositioning.
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Associated Banc-Corp announces an increase in its quarterly cash dividend. The common share dividend is raised from $0.21 to $0.22 per share. Dividends on preferred stocks are also declared.
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Associated Banc-Corp reports Q3 earnings of $80 million, a decrease from Q2 and Q3 2022. The company saw growth in core customer deposits and balanced loan growth. They expect total loan growth of 5-6% for 2023. Net interest income decreased by 1% and net interest margin decreased by 9 basis points. Noninterest income increased by 2%. Noninterest expense increased by 3%. The effective tax rate for Q3 was 18.9%. The provision for credit losses on loans remained flat at $22 million.
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Associated Banc-Corp
NYSE:ASB
ASB Rankings
ASB Stock Data
3.17B
147.15M
0.8%
85.23%
2.53%
Commercial Banking
Finance and Insurance
United States of America
GREEN BAY
About ASB
associated banc-corp (nyse: asb) has total assets of $29 billion and is one of the top 50, publicly traded, u.s. bank holding companies. headquartered in green bay, wis., associated is a leading midwest banking franchise, offering a full range of financial products and services in over 200 banking locations serving more than 100 communities throughout wisconsin, illinois and minnesota, and commercial financial services in indiana, michigan, missouri, ohio and texas. associated bank, n.a. is an equal housing lender, equal opportunity lender and member fdic. more information about associated banc-corp is available at www.associatedbank.com. our vision and values associated banc-corp will be the most admired midwestern financial services company, distinguished by sound, value-added financial solutions with personal service for our customers, built upon a strong commitment to our colleagues and the communities we serve, resulting in exceptional value for our shareholders. deposit and loan