Associated Banc-Corp: Q2 Earnings Snapshot

July 21, 2022 GMT

GREEN BAY, Wis. (AP) _ Associated Banc-Corp (ASB) on Thursday reported second-quarter earnings of $86.8 million.

The Green Bay, Wisconsin-based bank said it had earnings of 56 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The bank holding company posted revenue of $312.4 million in the period. Its revenue net of interest expense was $296.3 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $281.7 million.

Associated Banc-Corp shares have decreased 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.30, a fall of roughly 1% in the last 12 months.


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