---
schema_version: "secwatch.filing_event.v1"
accession: "0000007789-23-000028"
form_type: "8-K"
ticker: "ASB"
cik: "0000007789"
company_name: "ASSOCIATED BANC-CORP"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T23:05:13.422027+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Associated Banc-Corp Q1 2023 net income $100M, EPS $0.66; deposits up $696M

## Summary
- Net income available to common equity $100M ($0.66 EPS) vs $106M ($0.70) prior quarter and $71M ($0.47) year ago.
- Total deposits increased $696M to $30.3B; commercial loans up $175M to $18.2B, consumer loans up $233M to $11.0B.
- Net interest margin down 24 bps to 3.07%; noninterest expense down $9M to $187M.
- Provision for credit losses $18M vs $20M prior quarter.
- CEO cited stable deposit flows and strength in Midwest core markets.

## SEC filing metadata
- accession: 0000007789-23-000028
- form_type: 8-K
- ticker: ASB
- cik: 0000007789
- company_name: ASSOCIATED BANC-CORP
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7789/000000778923000028/0000007789-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7789/000000778923000028/asb-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000007789-23-000028
- JSON: https://secwatch.observer/filing/0000007789-23-000028.json
- Plain text: https://secwatch.observer/filing/0000007789-23-000028.txt

## Key facts
- Earnings Releases
  ASSOCIATED BANC-CORP reported quarter ended March 31, 2023 results: net income $100 million, EPS $0.66 per common share.
  - Period: quarter ended March 31, 2023
  - Net income: $100 million
  - EPS: $0.66 per common share
  - Result: reported results
  source text: Associated Banc-Corp Reports First Quarter 2023 Net Income Available to Common Equity of $100 Million, or $0.66 per Common Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/7789/000000778923000028/0000007789-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.