secwatch.observer — SEC 8-K summary
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Issuer:     ASSOCIATED BANC-CORP (ASB)
CIK:        0000007789
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000007789-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Associated Banc-Corp Q1 net income $78M ($0.52 EPS); NIM up 10 bps to 2.79%
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- Net income available to common equity of $78M ($0.52 per share), compared to Q4 2023 loss of $94M and Q1 2023 income of $100M.
- Net interest margin expanded 10 bps to 2.79%; net interest income rose $4M to $258M.
- Period-end total deposits increased $267M to $33.7B; core customer deposits up $557M to $28.0B.
- Commercial & business lending loans up $161M to $11.0B; consumer loans increased $190M to $11.2B.
- Provision for credit losses on loans $24M (up $3M QoQ); noninterest expense decreased $42M to $198M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7789/000000778924000039/0000007789-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7789/000000778924000039/asb-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000007789-24-000039

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