The Green Bay, Wisconsin bank lost $164 million after selling $2 billion of loans and securities for a loss. Asset quality remains strong while the balance-sheet restructuring tees Associated up for a strong rebound this year,
GREEN BAY, Wis. (AP) — GREEN BAY, Wis. (AP) — Associated Banc-Corp (ASB) on Thursday reported a loss of $161.6 million in its fourth quarter. The bank, based in Green Bay, Wisconsin, said it had a loss of $1.03 per share. Earnings, adjusted for non-recurring costs, came to 57 cents per share.
KBW analyst Christopher Mcgratty maintained a Hold rating on Associated Banc-Corp (ASB – Research Report) today and set a price target of
Associated Bank is focused on organic growth but could expand through acquisitions. Associated Bank remains focused on organic growth in 2025, but the bank's top executive is not ruling out the idea of acquisitions in the new year.
Associated Banc-Corp. operates as a bank holding company, which offers various banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates ...
RBC Capital analyst Jon Arfstrom maintained a Hold rating on Associated Banc-Corp (ASB – Research Report) yesterday and set a price target of
Q4 2024 Earnings Conference Call January 23, 2025 5:00 PM ETCompany ParticipantsAndrew Harmening - President and
Associated Banc-Corp (NYSE:ASB) reported its fourth-quarter 2024 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $0.57, beating the forecast of $0.52. The company's revenue,