Associated Banc-Corp Q2 GAAP EPS $0.74, adjusted $0.52; net income $113M

ASSOCIATED BANC-CORP

2024-Q2 EPS reported $1.26 revenue$644,595,000

GAAP net income $113M ($0.74/sh); adjusted net income $80M ($0.52/sh) excluding one-time tax benefit.
Total quarterly average loan growth $211M vs Q1; core customer deposits decreased $240M.
Net interest margin 2.75%; provision for credit losses $23M; net charge-offs annualized 0.29%.
Noninterest income $65M, noninterest expense $196M.

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