Close

Associated Banc-Corp (ASB) Tops Q1 EPS by 13c

Go back to Associated Banc-Corp (ASB) Tops Q1 EPS by 13c

Associated Banc-Corp Reports First Quarter 2021 Net Income Available to Common Equity of $89 million, or $0.58 Per Common Share

April 22, 2021 4:15 PM EDT

GREEN BAY, Wis., April 22, 2021 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $89 million, or $0.58 per common share, for the quarter ended March 31, 2021. These amounts compare to earnings of $62 million, or $0.40 per common share for the quarter ended December 31, 2020 and earnings of $42 million, or $0.27 per common share for the quarter ended March 31, 2020.

"Driven by strong credit dynamics and the benefit of the ongoing mortgage refinance wave, we've delivered one of our strongest quarters ever," said President and CEO Philip B.... More