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Associated Banc-Corp (ASB) Tops Q3 EPS by 2c

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Associated Banc-Corp Reports Third Quarter Earnings of $0.34 per share

October 20, 2016 4:15 PM EDT

GREEN BAY, Wis., Oct. 20, 2016 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today reported net income available to common equity of $52 million, or $0.34 per common share, for the quarter ended September 30, 2016.  This compares to net income available to common equity of $47 million, or $0.31 per common share, for both the quarters ended June 30, 2016 and September 30, 2015. 

"In the third quarter, we reached record deposit levels. We saw significant seasonal deposit inflows and we are particularly pleased with double-digit year over year growth in demand deposits. Average loans continued to grow and we... More