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Associated Banc-Corp (ASB)
NYSE:ASB
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.55Last Year’s EPS
0.53Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 18, 2018
|% Change Since: -3.40%
|Next Earnings Date:Jul 19, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance and strategic growth initiatives, such as significant loan and deposit growth and a proactive balance sheet repositioning. However, these achievements were partially offset by nonrecurring losses and an increase in delinquencies. Despite these challenges, the overall sentiment remains optimistic with a focus on future growth.Company Guidance
During the fourth quarter of 2024 earnings call for Associated Banc-Corp (ASB), the management provided robust guidance for 2025, emphasizing several key metrics. The company expects total loan growth of 5% to 6% and core customer deposit growth of 4% to 5%. They anticipate net interest income growth between 12% and 13%, driven by a pro forma net interest margin of 2.98% following strategic balance sheet repositioning. The adjusted earnings per share for Q4 was reported at $0.57, underscoring the strength of their core business. The company also plans to manage noninterest expense growth within a range of 3% to 4%. With an expected CET1 ratio of 10% to 10.5%, ASB appears well-positioned to capitalize on its strategic initiatives and continue its growth trajectory into 2025.Strong Loan and Deposit Growth
In Q4 2024, adjusted loan growth was over $500 million, and core customer deposit growth was nearly $900 million.
Significant Balance Sheet Repositioning
Sold approximately $700 million in low-yielding mortgage loans and $1.3 billion in AFS securities to improve the balance sheet.
Positive Financial Performance
Adjusted earnings per share of $0.57, reflecting the strength of core businesses despite nonrecurring items.
Increased Commercial and Business Lending
Commercial and business lending segments grew by over $300 million, contributing to the overall loan growth.
Improvement in Nonaccrual Loans and Charge-offs
Decreases in nonaccrual loans, charge-offs, and provisions compared to the previous quarter and year.
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ASB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 23, 2025 | $25.33 | $25.12 | -0.83% |
| Oct 24, 2024 | $22.48 | $22.71 | +1.02% |
| Jul 25, 2024 | $23.50 | $23.52 | +0.09% |
| Apr 25, 2024 | $20.77 | $20.96 | +0.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Associated Banc-Corp (ASB) report earnings?
Associated Banc-Corp (ASB) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Associated Banc-Corp (ASB) earnings time?
Associated Banc-Corp (ASB) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASB EPS forecast?
ASB EPS forecast for the fiscal quarter 2025 (Q1) is 0.55.
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