secwatch.observer — SEC 8-K summary
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Issuer:     ASSOCIATED BANC-CORP (ASB)
CIK:        0000007789
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0000007789-23-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7789/000000778923000028/0000007789-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7789/000000778923000028/asb-20230420.htm
  HTML page:      https://secwatch.observer/filing/0000007789-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer