Associated Banc-Corp reports Q4 loss of $94M; full-year EPS $1.13 vs $2.34 in 2022

ASSOCIATED BANC-CORP

2023-FY EPS reported $1.13 revenue$1,102,756,000

Q4 2023 net loss of $94M ($0.62 loss per share) vs net income $106M ($0.70 per share) in Q4 2022.
Full-year 2023 net income $171M ($1.13 per share) vs $355M ($2.34 per share) in 2022.
Adjusted full-year EPS of $2.27 excluding Q4 one-time items.
Total deposits increased $3.8B to $33.4B; commercial loans $18.2B (+$202M); consumer loans $11.0B (+$214M).
Provision for credit losses rose to $83M from $33M in 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ASSOCIATED BANC-CORP reported the quarter ended December 31, 2023 results: net income a loss of $94 million, or $(0.62) per common share, EPS $(0.62) per common share.

Period: the quarter ended December 31, 2023
Net income: a loss of $94 million, or $(0.62) per common share
EPS: $(0.62) per common share
Result: reported results

Exact text from the filing

For the quarter ended December 31, 2023, the Company reported a loss of $94 million, or $(0.62) per common share.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ASSOCIATED BANC-CORP reported the year ended December 31, 2023 results: net income net income available to common equity ("earnings") of $171 million, or $1.13 per common share, EPS $1.13 per common share.

Period: the year ended December 31, 2023
Net income: net income available to common equity ("earnings") of $171 million, or $1.13 per common share
EPS: $1.13 per common share
Result: reported results

Exact text from the filing

Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $171 million, or $1.13 per common share.

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Source: SEC EDGAR

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