GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp ("Associated") (NYSE:ASB) today announced the pricing of a public offering of 12,000,000 shares of its common stock, $0.01 par value (the "Common Stock"), at a public offering price of $25.00 per share, for aggregate gross proceeds of $300 million. In addition, Associated Banc-Corp has granted the underwriters an option to purchase up to an additional 1,800,000 shares of its Common Stock for 30 days following the date of this pricing. The offering is expected to close on November 18, 2024, subject to the satisfaction of customary closing conditions. Associated expects to use the net proceeds from this offering for general c

GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) today announced a proposed public offering of 11,500,000 shares of its common stock, $0.01 par value (the "Common Stock"). In addition, Associated Banc-Corp ("Associated") expects to grant the underwriters for the offering an option to purchase up to an additional 1,725,000 shares of its Common Stock sold in the offering for 30 days following the date of the pricing of the offering. Associated expects to use the net proceeds from this offering for general corporate purposes to support continued organic growth and capital generation, which may include investments in Associated Bank, N.A. and potential balance shee

GREEN BAY, Wis., Nov. 7, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A., announced today it has decreased the bank's prime rate from 8.00% percent to 7.75% percent, effective November 8, 2024. ABOUT ASSOCIATED BANC-CORP Associated Banc-Corp (NYSE: ASB) has total assets of $42 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan producti

GREEN BAY, Wis., Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) announced today that Management expects to meet with investors during the Piper Sandler East Coast Financial Services Conference in Naples, FL on November 13-15, 2024. Fourth quarter investor materials are expected to be made available prior to the event and can be accessed through the Investor Relations section of the Company's website at http://investor.associatedbank.com. ABOUT ASSOCIATED BANC-CORP Associated Banc-Corp (NYSE:ASB) has total assets of $42 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, o

MILWAUKEE, Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) ("Associated") announced today the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership Team (ELT), effective November 1, 2024. Phillip Trier, 46, will be executive vice president, head of Corporate and Commercial Banking, reporting directly to President and CEO Andy Harmening. Trier joined the company in December 2023 to accelerate core Commercial Middle Market business development across the company's major metropolitan markets and lead its equipment finance and leasing vertical,

GREEN BAY, Wis., Oct. 29, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE:ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024. This is an increase of $0.01 from the previous quarterly dividend of $0.22 per common share. The Board of Directors also declared a regular quarterly cash dividend of $0.3671875 per depositary share on Associated's 5.875% Series E Perpetual Preferred Stock, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024. The Board of Directors also declared a re

GREEN BAY, Wis., Oct. 24, 2024 /PRNewswire/ --Associated Banc-Corp (NYSE:ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $85 million, or $0.56 per common share, for the quarter ended September 30, 2024. These amounts compare to earnings of $113 million, or $0.74 per common share, for the quarter ended June 30, 2024 and earnings of $80 million, or $0.53 per common share, for the quarter ended September 30, 2023. "In the first nine months of 2024, we've remained squarely focused on executing Phase 2 of our strategic growth plan, and the financial tailwinds have started to emerge here in the third quarter," said President and CEO Andy Harme

Rick Bruhn joins bank as senior vice president and head of Specialty Deposits and Payment Solutions MILWAUKEE, Oct. 22, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) (Associated) Rick Bruhn has joined Associated Bank as senior vice president and head of the Specialty Deposit and Payment Solutions national vertical. Bruhn is responsible for collaborating with internal and external partners to build this new business vertical within the bank. In addition, he is responsible for driving the specialty deposits and payment solutions strategy and team that aligns with the bank's growth goals by driving new client acquisition and helping fund the growth of the overall enterprise.

GREEN BAY, Wis., Sept. 26, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) today announced it expects to release third quarter 2024 financial results on Thursday, October 24, 2024, after market close. The Company also expects to host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) on the same day. Interested parties can access the live webcast of the call through the Investor Relations section of the Company's website, http://investor.associatedbank.com. Parties may also dial into the call at 877-407-8037 (domestic) or 201-689-8037 (international) and request the Associated Banc-Corp third quarter 2024 earnings call. The financial tables and an accompanying

GREEN BAY, Wis., Sept. 18, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB), the holding company for Associated Bank, N.A., announced today it has decreased the bank's prime rate from 8.50 percent to 8.00 percent, effective September 19, 2024.    ABOUT ASSOCIATED BANC-CORP    Associated Banc-Corp (NYSE:ASB) has total assets of $41 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan

Analysts' ratings for Associated Banc (NYSE:ASB) over the last quarter vary from bullish to bearish, as provided by 5 analysts. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 5 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $23.6, a high estimate of $27.00, and a low estimate of $22.00. Experiencing a 1.67% decline, the current average

Baird analyst David George downgrades Associated Banc (NYSE:ASB) from Outperform to Neutral and maintains the price target from $27 to $27.

Jefferies analyst Ken Usdin maintains Associated Banc (NYSE:ASB) with a Hold and lowers the price target from $24 to $22.

5 analysts have expressed a variety of opinions on Associated Banc (NYSE:ASB) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 5 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 2 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $22.8, with a high estimate of $24.00 and a low estimate of $22.00. Observing a 2.47% increase, the cur

Barclays analyst Jared Shaw maintains Associated Banc (NYSE:ASB) with a Equal-Weight and lowers the price target from $24 to $22.

https://www.sec.gov/Archives/edgar/data/7789/000110465924069119/tm2416364-1_s3asr.htm

6 analysts have expressed a variety of opinions on Associated Banc (NYSE:ASB) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 5 0 0 Last 30D 0 0 2 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $23.17, along with a high estimate of $25.00 and a low estimate of $22.00. This

Stephens & Co. analyst Terry McEvoy reiterates Associated Banc (NYSE:ASB) with a Equal-Weight and maintains $23 price target.

Barclays analyst Jared Shaw maintains Associated Banc (NYSE:ASB) with a Equal-Weight and raises the price target from $22 to $24.

Associated Banc (NYSE:ASB) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.47 by 10.64 percent. This is a 21.21 percent decrease over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $322.843 million which missed the analyst consensus estimate of $324.996 million by 0.66 percent. This is a 3.94 percent decrease over sales of $336.083 million the same period last year.

MILWAUKEE, Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) ("Associated") announced today the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership Team (ELT), effective November 1, 2024. Phillip Trier, 46, will be executive vice president, head of Corporate and Commercial Banking, reporting directly to President and CEO Andy Harmening. Trier joined the company in December 2023 to accelerate core Commercial Middle Market business development across the company's major metropolitan markets and lead its equipment finance and leasing vertical,

GREEN BAY, Wis., June 28, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) ("Associated") announced today that Tammy C. Stadler, 58, Executive Vice President, Corporate Controller and Chief Accounting Officer, will retire from those positions effective July 15, 2024. Stadler will remain with Associated in a consultative capacity until September 1, 2024, to assure a successful transition of her duties. Stadler will be succeeded as Corporate Controller and Chief Accounting Officer by Ryan Beld, 35. Beld, currently the Assistant Controller, joined Associated in 2020. Prior to joining Associated, Beld was a senior financial analyst with Northwestern Mutual. Beld is a CPA and was employed by

MILWAUKEE, Jan. 17, 2024 /PRNewswire/ -- Associated Bank today announced the appointment of Steven Zandpour as the company's executive vice president, director of retail banking. In his new role, Zandpour will focus on consumer and small business growth across the company's major metropolitan markets. He will also lead Associated Bank's branch network, contact centers and other sales and service channels. "We are delighted to welcome Steven to Associated Bank," said executive vice president and head of consumer and business banking, David Stein. "His people-first leadership st

GREEN BAY, Wis., Nov. 16, 2023 /PRNewswire/ -- Associated Bank today announced the appointment of Phillip Trier as the company's executive vice president, commercial banking group leader. In his new role, Trier will focus on accelerating core Commercial Middle Market business development across the company's major metropolitan markets. He will also lead the company's equipment finance and leasing vertical and commercial deposit and treasury management sales and service strategies.  The bank recently announced plans for the next phase of their people-led, digitally enabled stra

Highly regarded, Fortune 500 banking leader brings 25 years of financial services expertise including consumer banking, business GREEN BAY, Wis., Aug. 25, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) ("Associated") today announced changes involving its executive leadership team. Jayne Hladio will join Associated as the Company's next Executive Vice President, President of Private Wealth on October 2, 2023. She will succeed John Thayer, who will continue with the company, retaining his roles as Executive Vice President, CEO of Associated Trust Company, N.A. and Chair of the Board for Associated Investment Services, Inc.

Market primed for accelerated growth through new, Engage Local initiative MINNEAPOLIS, July 14, 2022 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) today announced the appointment of Paul Schmidt to the role of Twin Cities market president. The company also announced plans for the expansion of its market commitment and accelerated growth through its new Engage Local initiative. "With approximately $2.5 billion in deposits1, Minnesota is Associated Bank's third-largest footprint. Given its strong economy and diverse set of industries, this market has tremendous opportunity fo

GREEN BAY, Wis., Nov. 1, 2021 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) today announced changes involving its executive leadership and Northeast Wisconsin leadership teams. Timothy J. Lau, executive vice president and head of community markets, has announced his plans to retire from Associated Bank in the second quarter of 2022. Lau, who joined Associated in 1989, has held a successful career in banking spanning more than 30 years. Prior to leading the company's community market's strategy, he held leadership roles in consumer and small business banking, residential len

GREEN BAY, Wis., March 10, 2021 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that its Board of Directors has appointed Andrew J. Harmening as the Company's president and chief executive officer and a member of its Board of Directors, effective April 28, 2021. Mr. Harmening will also serve as president and chief executive officer of Associated Bank, N.A. and president of Associated Trust, N.A. Mr. Harmening was most recently senior executive vice president, consumer and business banking of Huntington Bank. Jay Williams, chairman of Associated's Board of Directors, said, "We are delighted to welcome Andy Harmening to Associated as our new president and CEO,