$30.210
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Noticias de ASB
Eventos de ASB
Andy Harmening: Company Executes $100 Million Share Repurchase
"Across the company, we remain focused on attracting and deepening relationships to drive sustainable organic growth, enhance our profitability and improve our return profile," said President & CEO Andy Harmening. "In the third quarter, we maintained our momentum with strong core customer deposit1 growth, net interest margin expansion, fee income growth, and a strong bottom line--all of which gave us the confidence to execute $100 million in share repurchases during the quarter. We also recently completed the conversion of American National Corporation, giving us another lever to drive organic growth in attractive markets like Omaha and the Twin Cities. Our Company is on an upward trajectory, and our leadership team is currently finalizing plans for the next wave of strategic initiatives to sustain our momentum into 2027 and beyond. We look forward to sharing additional information in the coming months."
Associated Banc-Corp Raises Prime Rate to 7.00%
Associated Banc-Corp announced it has increased the bank's prime rate to 7.00 percent from 6.75 percent, effective September 17, 2026.
Associated Banc-Corp Appoints Angela Kelley as New General Counsel
Associated Banc-Corp announced that Angela Kelley will succeed Randall Erickson who is retiring as executive vice president, general counsel and corporate secretary effective October 13, 2026. Erickson will remain in an advisory capacity through the end of 2026 to ensure a successful transition of his duties.
Company Reports Q2 Net Interest Margin Increases to 3.17%
Reports Q2 net interest margin 3.17% a 14 basis point increase from the prior quarter and a 13 basis point increase from the same period last year. Tangible book value per share was $22.15 vs. $22.23 at previous quarter end. Common equity Tier 1 capital ratio was 10.47% in both Q2 and Q1. "Organic growth continues to be a primary focus for our company, and midway through 2026, we've maintained our momentum in several important ways," said CEO Andy Harmening. "Through June 30th, we've seen double-digit C&I growth, excellent household growth, and strong, improving annual deposit growth--all while maintaining our disciplined approach to expense management and credit. We've also been pleased with the American National partnership, which has largely come in as expected. As we look to the back half of 2026 and into 2027, we expect to maintain our growth trajectory through steady execution of organic initiatives and the successful integration of American National Corporation. We look forward to demonstrating our ability to deliver profitable growth sustainably over time."
Associated Banc-Corp Files to Sell 22.48M Shares of Common Stock
Associated Banc-Corp files to sell 22.48M shares of common stock for holders
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