Associated Banc-Corp Q3 2024 EPS $0.56; net income $85M, loan growth $373M

ASSOCIATED BANC-CORP

2024-Q3 EPS reported $1.82 revenue$974,325,000

Net income available to common equity $85M ($0.56 diluted EPS), down from $113M ($0.74) in Q2 2024.
Total period-end loan growth of $373M; core customer deposit growth $618M; total deposit growth $863M.
Net interest margin 2.78%, net interest income $263M; provision for credit losses $21M.
Net charge-offs annualized 0.18% of average loans; allowance for credit losses 1.33%.
CEO Andy Harmening says Phase 2 of strategic growth plan showing financial tailwinds.

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