---
schema_version: "secwatch.filing_event.v1"
accession: "0000007789-23-000069"
form_type: "8-K"
ticker: "ASB"
cik: "0000007789"
company_name: "ASSOCIATED BANC-CORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:21:40.183760+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Associated Banc-Corp Q3 EPS $0.53, down 5% QoQ and 15% YoY; NIM 2.71% down 9 bps

## Summary
- Net income available to common equity of $80M ($0.53/sh); down from $84M ($0.56) in Q2 and $93M ($0.62) a year ago.
- Total period-end deposits grew $109M to $32.1B; core customer deposits up over $500M; net interest margin compressed 9 bps to 2.71%.
- Commercial loans up $68M to $18.5B, consumer loans up $276M to $11.7B; full-year loan growth guidance revised to 5%-6%.
- Nonaccrual loans rose $37M to $169M (0.56% of total loans); net charge-offs $18M vs $11M in Q2; provision flat at $22M.
- CET1 ratio 9.55%; 2023 guidance: NII growth 8-10%, noninterest income down 8-10%, expense growth 3-4%.

## SEC filing metadata
- accession: 0000007789-23-000069
- form_type: 8-K
- ticker: ASB
- cik: 0000007789
- company_name: ASSOCIATED BANC-CORP
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7789/000000778923000069/0000007789-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7789/000000778923000069/asb-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000007789-23-000069
- JSON: https://secwatch.observer/filing/0000007789-23-000069.json
- Plain text: https://secwatch.observer/filing/0000007789-23-000069.txt

## Key facts
- Earnings Releases
  ASSOCIATED BANC-CORP reported the quarter ended September 30, 2023 results: net income $80 million, or $0.53 per common share, EPS $0.53 per common share.
  - Period: the quarter ended September 30, 2023
  - Net income: $80 million, or $0.53 per common share
  - EPS: $0.53 per common share
  - Result: reported results
  source text: Associated Banc-Corp announced its earnings for the quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/7789/000000778923000069/0000007789-23-000069-index.htm

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