For Q3 FY2024, Associated Banc-Corp reported revenue of $329.7 million, up 2.8% year-over-year. Net income was $119.6 million, a 17.7% increase, and diluted EPS was $0.70, up 18.6% from the prior year.
•Revenue increased 2.8% YoY to $329.7 million.
•Net income rose 17.7% to $119.6 million.
•Diluted EPS grew 18.6% to $0.70.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Associated Banc-Corp, a bank holding company provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, Texas, and Minnesota.
It offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit
Deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services.
Its portfolio also includes specialized financial services comprising interest rate risk management and foreign exchange solutions, fiduciary services consisting of administration of pension, profit-sharing and employee benefit plans, fiduciary and corporate agency services, and institutional asset management services, investable funds solutions
Including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage, investment advisory services, and trust and investment management accounts.
Additionally, it offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Founded in 1861, Associated Banc-Corp is headquartered in Green Bay, Wisconsin.
Associated Banc-Corp is a bank holding company that provides a wide range of banking and nonbanking products and services to individuals and businesses. Its lending solutions include commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications, residential mortgages, home equity loans, personal and installment loans, auto finance, and business loans. The company also offers deposit and cash management solutions such as commercial checking, interest-bearing deposits, cash vault services, liquidity solutions, payables and receivables, and information services. Additionally, it provides specialized financial services like interest rate risk management and foreign exchange solutions, fiduciary services including pension and employee benefit plan administration, and investable funds solutions such as savings accounts, money market deposits, IRAs, CDs, annuities, and investment brokerage services.
Where is Associated Banc-Corp (ASB) listed and in what currency?
Associated Banc-Corp is listed on the New York Stock Exchange (NYSE) under the ticker symbol ASB. Its financials are reported in US Dollars (USD), reflecting its operations in the United States. As a US-based company trading on a major American exchange, investors can buy and sell shares in USD, and the company's earnings, dividends, and other financial metrics are denominated in US currency.
What sector and industry does Associated Banc-Corp (ASB) belong to?
Associated Banc-Corp operates in the Financial Services sector, specifically within the Banks - Regional industry. This classification indicates that it is a regional bank, meaning it focuses on providing banking services to a specific geographic area rather than operating nationally or globally. As a regional bank, it offers traditional banking products like loans, deposits, and cash management, primarily serving customers in its core markets.
In which geographic markets does Associated Banc-Corp (ASB) operate?
Associated Banc-Corp serves customers in five US states: Wisconsin, Illinois, Missouri, Texas, and Minnesota. The company's operations are concentrated in the Midwest and parts of the South, with a strong presence in Wisconsin, where it is headquartered. It provides banking and nonbanking products and services to individuals and businesses across these regions, leveraging its local market knowledge to offer tailored financial solutions.
What are the main products and services offered by Associated Banc-Corp (ASB)?
Associated Banc-Corp offers a comprehensive suite of financial products and services. Its lending portfolio includes commercial loans, real estate financing, construction loans, letters of credit, leasing, asset-based lending, equipment finance, loan syndications, residential mortgages, home equity loans, personal loans, auto finance, and business lines of credit. On the deposit side, it provides commercial checking, interest-bearing deposits, cash vault services, liquidity solutions, payables and receivables, and information services. The company also offers specialized services like interest rate risk management, foreign exchange solutions, fiduciary services (including pension and employee benefit plan administration), and investable funds such as savings accounts, money market deposits, IRAs, CDs, annuities, and investment brokerage. Additionally, it provides transactional solutions like checking accounts, credit and debit cards, online banking, bill pay, and money transfer services.