secwatch.observer — SEC 8-K summary
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Issuer:     ASSOCIATED BANC-CORP (ASB)
CIK:        0000007789
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000007789-24-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7789/000000778924000004/0000007789-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7789/000000778924000004/asb-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000007789-24-000004

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