Associated Banc-Corp (ASB) Tops Q4 EPS by 1c

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Associated Banc-Corp Reports Full Year 2019 Earnings of $1.91 Per Common Share, or $1.97 Per Common Share Excluding $12 million in Acquisition and Restructuring Related Costs(1)

January 23, 2020 4:15 PM EST

GREEN BAY, Wis., Jan. 23, 2020 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $312 million, or $1.91 per common share for the year ended December 31, 2019.  These amounts compare to net income available to common equity of $323 million, or $1.89 per common share for the year ended December 31, 2018.  The Company reported earnings of $0.43 per common share for the quarter ended December 31, 2019, compared to $0.51 per common share for the quarter ended December 31, 2018.

"In 2019, we significantly repositioned the balance sheet as we faced an interest rate... More