Associated Banc-Corp (ASB) SEC Filings & Earnings Calls
EquiReason read 21 Associated Banc-Corp SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Net income $144M vs $121M QoQ; EPS $0.76 vs $0.63 QoQ; NIM 3.20%; core customer deposits +2% QoQ; total loans +0.1% QoQ; $100M share repurchase executed; guidance raised: nonintere.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 5.7B
- P/E TTM
- 10.5
- Dividend yield
- 3.1%
- 52-week
- —
- Next earnings
- 20 Jan, in 88 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
22 Oct 20268-K · 2.02Net income $144M vs $121M QoQ; EPS $0.76 vs $0.63 QoQ; NIM 3.20%; core customer deposits +2% QoQ; total loans +0.1% QoQ; $100M share repurchase executed; guidance raised: noninterest income growth 12-14% (from prior), noninterest expense grearningsopen
Figures in the filing · each found in the filing text
| Net income available to common equity · Q3-2026 | $144M | +19% y/y |
| Earnings per common share · Q3-2026 | $0.76 | +21% y/y |
| Total loans (period end) · Q3-2026 | $36.50B | +0% y/y |
| Total deposits (period end) · Q3-2026 | $40.40B | |
| Core customer deposits (period end) · Q3-2026 | $34.80B | |
| Net interest income · Q3-2026 | $377M | |
| Net interest margin · Q3-2026 | 3.2% | |
| Noninterest income · Q3-2026 | $87M | |
| Noninterest expense · Q3-2026 | $260M | |
| Provision for credit losses · Q3-2026 | $14M | -26% y/y |
Guidance
FY26 noninterest income growth raised to 12-14% from prior; FY26 noninterest expense growth 19-20% (from prior); FY26 effective tax rate 20-22% (from prior); FY26 period end loan growth 18-20% (reaffirmed)
Guidance raised for noninterest income growth; noninterest expense guidance updated; loan growth guidance reaffirmed; management tone positive with focus on organic growth and strategic initiatives.
Risks flagged
Nonaccrual loans increased $33M QoQ to $183M, with nonaccrual loans to total loans ratio rising to 0.50% from 0.41%, indicating credit quality deterioration.
“Nonaccrual loans of $183 million increased $33 million from the prior quarter... The nonaccrual loans to total loans ratio was 0.50% in the third quarter, up from 0.41% in the prior quarter” · word for word
Integration costs from American National acquisition continue to impact expenses; nonrecurring costs of $13M in Q3.
“Third quarter 2026 total noninterest expense of $260 million... included $13 million of nonrecurring costs associated with the acquisition of American National Corporation” · word for word
22 Sep 20268-K · 5.02Associated Banc-Corp announced retirement of EVP, General Counsel and Corporate Secretary Randall J. Erickson, effective Oct 13, 2026, with transition to advisory role through Jan 4, 2027. Routine succession event.open
Risks flagged
Loss of institutional knowledge from long-tenured GC; transition risk low given advisory period.
“Mr. Erickson will remain in an advisory capacity through the end of 2026” · word for word
14 Sep 20268-K · 7.01Associated Banc-Corp furnishes investor presentation for Q3 2026, reaffirming FY2026 outlook with no changes to guidance. Highlights organic growth momentum, ANB integration on track, and strategic actions for 2027-2029.open
Figures in the filing · each found in the filing text
| Net Interest Margin · Q2-2026 | 3.2% | |
| Efficiency Ratio · YTD Jun 2026 | 54.2% | |
| Return on Average Tangible Common Equity · YTD Jun 2026 | 13.6% | |
| Net Charge Offs / Average Loans · YTD Jun 2026 | 0.2% | |
| Total Loans · Q2-2026 | $13.80B | +79% y/y |
| Total Deposits · 6/30/2026 | $39.90B | +25% y/y |
| Core Customer Deposits · 6/30/2026 | $30.00B | +6% y/y |
Guidance
FY26 total loans up 18-20%, total C&I loans up 20-22%, total deposits up 17-19%, core customer deposits up 19-21%, net interest income up 19-21%, noninterest income up 8-10%, noninterest expense up 20-21%, effective tax rate 19-21%, CET1 capital ratio 10-10.75%
FY2026 outlook reaffirmed with no changes; management highlights organic growth momentum and integration progress.
Risks flagged
Integration risk from American National Bank acquisition; conversion expected in October 2026.
“American National Integration on Track; Conversion Expected in October 2026.” · word for word
Forward-looking statements subject to risks and uncertainties.
“Forward-looking statements risk factors identified.”
2 Sep 20268-K · 5.02, 8.01Retirement of EVP, General Counsel and Corporate Secretary Randall J. Erickson, effective Oct 13, 2026; appointment of Angela M.W. Kelley as successor. No disagreement or operational impact noted.open
Risks flagged
Key executive departure, but orderly transition mitigates risk.
“Retirement of EVP, General Counsel; successor appointed with 20 years experience.”
4 Aug 202610-QAssociated Banc-Corp reported solid H1 2026 results with NIM expansion, strong loan growth, and higher fee income, partially offset by increased nonaccrual loans and acquisition costs.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Total · H1-2026 | $677M | +16% y/y |
| Net interest margin (FTE) · Total · H1-2026 | 3.1% | |
| Provision for credit losses · Total · H1-2026 | $30M | -2% y/y |
| Noninterest income · Total · H1-2026 | $156M | +24% y/y |
| Noninterest expense · Total · H1-2026 | $491M | +17% y/y |
| Net income · Total · H1-2026 | $243M | +14% y/y |
| Earnings per share - diluted · Total · H1-2026 | $1.33 | +7% y/y |
| Total deposits · Total · 2026-06-30 | $39.93B | +17% y/y |
| Loans · Total · 2026-06-30 | $36.47B | +19% y/y |
| Allowance for credit losses on loans · Total · 2026-06-30 | $494M | +20% y/y |
Risks flagged
Rising Nonaccrual Loans
“Total nonaccrual loans increased $49.5 million, or 49%, from December 31, 2025” · word for word
Increased Net Charge Offs
“YTD net charge offs increased $7.0 million from June 30, 2025, primarily driven by net charge offs of loans acquired from American National.” · word for word
M&A Integration Costs
“Legal and professional expense increased $11.4 million from the first six months of 2025, primarily due to nonrecurring expenses related to the American National acquisition.” · word for word
Interest Rate Sensitivity
“At June 30, 2026, the MVE profile indicates a decrease in net balance sheet value due to instantaneous upward changes in rates” · word for word
Uninsured Deposit Exposure
“Estimated uninsured and uncollateralized deposits, excluding intercompany deposits, were 26.5% of total deposits at both June 30, 2026 and December 31, 2025” · word for word
23 Jul 20268-K · 2.02Associated Banc-Corp reported Q2 2026 EPS of $0.63 ($0.73 adjusted), net income $121M, with strong loan/deposit growth driven by American National acquisition; NIM 3.17%, guided FY2026 loan growth 18-20% and NII growth 19-21%.earningsopen
Figures in the filing · each found in the filing text
| Net income available to common equity · Q2-2026 | $121M | +12% y/y |
| Earnings per common share · Q2-2026 | $0.63 | -3% y/y |
| Adjusted earnings per common share · Q2-2026 | $0.73 | |
| Total period end loans · Q2-2026 | $36.50B | +19% y/y |
| Total period end deposits · Q2-2026 | $39.90B | +17% y/y |
| Core customer deposits · Q2-2026 | $34.20B | +21% y/y |
| Net interest income · Q2-2026 | $370M | +23% y/y |
| Net interest margin · Q2-2026 | 3.2% | |
| Noninterest income · Q2-2026 | $80M | +19% y/y |
| Noninterest expense · Q2-2026 | $272M | +30% y/y |
Guidance
FY2026 loan growth 18-20% (vs. standalone 2025); NII growth 19-21%; noninterest income growth 8-10%; noninterest expense growth 20-21%; effective tax rate 19-21%
Management raised loan growth guidance to 18-20% and NII growth to 19-21%, reflecting strong organic momentum and acquisition contribution.
Risks flagged
Nonaccrual loans and net charge-offs increased QoQ, indicating potential credit deterioration.
“Nonaccrual loans of $150 million increased $39 million from the prior quarter... Net charge offs of $23 million increased compared to net charge offs of $5 million in the prior quarter” · word for word
Acquisition integration costs and elevated expense growth may pressure near-term profitability.
“Second quarter 2026 total noninterest expense of $272 million increased $53 million from the prior quarter... included $24 million of nonrecurring costs associated with the acquisition” · word for word
5 May 20268-K · 7.01Total Assets $46.00B; Total Loans $32.00B; Total Deposits $36.00Bopen
Figures in the filing · each found in the filing text
| Total Assets · Q1-2026 | $46.00B | |
| Total Loans · Q1-2026 | $32.00B | |
| Total Deposits · Q1-2026 | $36.00B | |
| CET1 Ratio · Q1-2026 | 10.5% | |
| Total Capital Ratio · Q1-2026 | 13.0% |
Risks flagged
Integration risk from American National acquisition; conversion delay could impact cost savings and customer retention.
“Conversion of systems and branches now expected in October 2026, later than originally planned.”
28 Apr 202610-QNet Income $120M (+18% y/y); Earnings Per Share (Diluted) $0.70 (+19% y/y); Net Interest Margin 3.03open
Figures in the filing · each found in the filing text
| Net Income · Q1-2026 | $120M | +18% y/y |
| Earnings Per Share (Diluted) · Q1-2026 | $0.70 | +19% y/y |
| Net Interest Margin · Q1-2026 | 3.0% | |
| Net Interest Income · Q1-2026 | $307M | +7% y/y |
| Average Loans · Q1-2026 | $31.28B | +4% y/y |
| Average Deposits · Q1-2026 | $35.20B | +1% y/y |
| Noninterest Income · Q1-2026 | $76M | +29% y/y |
| Noninterest Expense · Q1-2026 | $219M | +4% y/y |
| Provision for Credit Losses · Q1-2026 | $11M | -15% y/y |
| Allowance for Credit Losses on Loans to Total Loans · Q1-2026 | 1.3% |
Risks flagged
FHLB advance reliance increasing
“FHLB advances of $3.4 billion at March 31, 2026 were up $153.7 million, or 5%, from December 31, 2025.” · word for word
Personnel expense growth outpacing revenue
“Personnel expense increased $11.3 million from the first three months of 2025, primarily driven by increases in health care benefit costs and annual incentive accruals based on increased FTEs in incentive eligible roles.” · word for word
Commercial real estate investor loan runoff
“Commercial real estate - investor loans declined 6% YoY, partially offsetting commercial growth.”
1 Apr 20268-K · 3.02, 5.02, 8.01Shares issued in acquisition 22,478,042share dilutionopen
Figures in the filing · each found in the filing text
| Shares issued in acquisition · 2026-04-01 | 22,478,042 |
Risks flagged
Integration risk from acquisition; dilution from share issuance.
“22.5M shares issued; consulting agreement with former CEO.”
16 Mar 2026DEF 14AProxy statement for annual shareholder meeting, including say-on-pay vote and director elections.open
Figures in the filing · each found in the filing text
| Net Income Available to Common Equity · FY2025 | $463M | |
| Total Loan Growth · FY2025 | $1.40B | +5% y/y |
| Total C&I Loan Growth · FY2025 | $1.20B | +12% y/y |
| Total Deposit Growth · FY2025 | $904M | +3% y/y |
| Core Customer Deposit Growth · FY2025 | $989M | +4% y/y |
| Net Interest Income Growth · FY2025 | 14.7% | |
| Net Interest Margin Expansion · FY2025 | $25.00 | |
| MIP Achievement · FY2025 | 128.0% | |
| Adjusted Operating Leverage · FY2025 | 6.8% | |
| Revenue Before LTCC · FY2025 | $1.49B |
Guidance
Record net income $463M, NII growth 14.7%, NIM expansion +25bps, total loan growth +$1.4B
Management expresses positive outlook with sustainable organic growth strategy, enhanced profitability, solid capital generation, and sound credit metrics.
Risks flagged
Interest Rate Volatility Impact on ROATCE
“In light of the significant interest rate volatility experienced by the regional banking sector during the performance period, which resulted in a material decline in the KRXTR median ROATCE during the period, the Committee exercised its discretion to adjust the ROATCE target to reflect the economic environment.” · word for word
Balance Sheet Repositioning Charges
“The Q4-2023 adjustment included a one-time loss of $157 million associated with the strategic balance sheet repositioning... The Q4-2024 adjustment included a non-recurring balance sheet repositioning charge of $253 million” · word for word
12 Mar 20268-K · 7.01Issued a Regulation FD disclosure (forward guidance or material update); filed financial statements and exhibits with this reportopen
Risks flagged
Integration risk; execution risk on closing conditions.
“Pending satisfaction of customary closing conditions.” · word for word
12 Feb 202610-KNet income $475M (+286% y/y); Net interest income $1.20B (+15% y/y); Net interest margin (FTE) 3.03open
Figures in the filing · each found in the filing text
| Net income · FY2025 | $475M | +286% y/y |
| Net interest income · FY2025 | $1.20B | +15% y/y |
| Net interest margin (FTE) · FY2025 | 3.0% | |
| Provision for credit losses · FY2025 | $54M | -37% y/y |
| Noninterest income · FY2025 | $286M | +3143% y/y |
| Noninterest expense · FY2025 | $856M | +5% y/y |
| Average loans · FY2025 | $30.59B | +3% y/y |
| Average deposits · FY2025 | $34.80B | +4% y/y |
| Nonaccrual loans · FY2025 | $100M | -19% y/y |
| Allowance for credit losses on loans to total loans · FY2025 | 1.4% |
Risks flagged
CRE Credit Risk
“some degree of instability in the CRE markets is expected in the coming quarters as loans continue to be refinanced in markets with higher vacancy rates.” · word for word
Trade Policy Impact on Borrowers
“Changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, may adversely impact our business, financial condition, and results of operations.” · word for word
Uninsured Deposit Concentration
“Estimated uninsured and uncollateralized deposits, excluding intercompany deposits, were $9.4 billion or 26.5% of total deposits at December 31, 2025.” · word for word
9 Feb 20268-K · 7.01Net income available to common equity $463M; Total loan growth 4.7; C&I loan growth 11.6open
Figures in the filing · each found in the filing text
| Net income available to common equity · FY2025 | $463M | |
| Total loan growth · FY2025 | 4.7% | |
| C&I loan growth · FY2025 | 11.6% | |
| Net interest margin · FY2025 | 3.0% | |
| Return on average tangible common equity · FY2025 | 13.6% | |
| Efficiency ratio · FY2025 | 56.0% |
22 Jan 20268-K · 2.02Net income available to common equity $463M (+313% y/y); Diluted GAAP earnings per common share $2.77 (+285% y/y); Total period end loans $31.20B (+5% y/y); Guidance: Expect total period end loan growth of 5% to 6% in 2026 vs 2025, excludinearningsopen
Figures in the filing · each found in the filing text
| Net income available to common equity · FY2025 | $463M | +313% y/y |
| Diluted GAAP earnings per common share · FY2025 | $2.77 | +285% y/y |
| Total period end loans · Q4-2025 | $31.20B | +5% y/y |
| Total period end deposits · Q4-2025 | $35.60B | +3% y/y |
| Net interest income · FY2025 | $1.20B | +15% y/y |
| Net interest margin · FY2025 | 3.0% | |
| Noninterest income · FY2025 | $286M | |
| Noninterest expense · FY2025 | $856M | |
| Provision for credit losses · FY2025 | $54M | |
| Allowance for credit losses on loans / total loans · Q4-2025 | 1.4% |
Guidance
Expect total period end loan growth of 5% to 6% in 2026 vs 2025, excluding acquisition impact.
Management guided for 5-6% loan growth in 2026, indicating continued demand momentum. Net interest margin likely stable given rate environment.
Risks flagged
Credit quality remains solid with low net charge-offs, but commercial real estate lending declined slightly QoQ.
“Net charge offs / average loans of 0.12%; commercial real estate lending decreased $88M QoQ.” · word for word
1 Dec 20258-K · 7.01Total Assets (American National) $5.30B; Total Loans (American National) $3.80B; Total Deposits (American National) $4.70Bopen
Figures in the filing · each found in the filing text
| Total Assets (American National) · American National · Q3-2025 | $5.30B | |
| Total Loans (American National) · American National · Q3-2025 | $3.80B | |
| Total Deposits (American National) · American National · Q3-2025 | $4.70B | |
| Transaction Value · 2025-11-28 | $604M |
Risks flagged
Regulatory approval risk; transaction expected to close Q2 2026
“subject to customary closing conditions including the receipt of regulatory approvals” · word for word
28 Oct 202510-QAssociated Banc-Corp reported Q3 2025 results with improved credit quality and liquidity, but no explicit earnings beat or miss versus expectations.earningsopen
Figures in the filing · each found in the filing text
| Allowance for credit losses on loans to total loans · Q3-2025 | 1.3% |
Risks flagged
Commercial real estate credit deterioration
“Commercial real estate - investor net charge offs increased to $18.3M YTD Sep 2025 from $4.6M YTD Sep 2024”
Uninsured deposit concentration
“Estimated uninsured and uncollateralized deposits were 24.9% of total deposits at September 30, 2025, compared to 23.0% at December 31, 2024”
Associated Banc-Corp — questions
- What did Associated Banc-Corp file recently?
- 21 SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Net income $144M vs $121M QoQ; EPS $0.76 vs $0.63 QoQ; NIM 3.20%; core customer deposits +2% QoQ; total loans +0.1% QoQ; $100M share repurchase executed; guidance raised: noninterest income growth 12-14% (from prior), noninterest expense gr
Every figure on this page comes from Associated Banc-Corp's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.