secwatch.observer — SEC 8-K summary
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Issuer:     ASSOCIATED BANC-CORP (ASB)
CIK:        0000007789
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0000007789-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Associated Banc-Corp Q4 GAAP loss of $1.03 per share; full-year adj. EPS $2.38
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- Q4 2024 net loss $164M (-$1.03/share) vs loss $94M (-$0.62) in Q4 2023; adjusted earnings $91M ($0.57).
- Nonrecurring items: $130M mortgage portfolio sale loss, $148M investment sale loss, $14M FHLB prepayment loss.
- Full-year GAAP EPS $0.72 vs $1.13 in 2023; adjusted EPS $2.38.
- Total deposit growth $1.2B; adjusted total loan growth $1.3B; net charge-offs / avg loans 0.23%.
- Net interest income $1.0B; noninterest income (loss) $(9)M (adjusted $269M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7789/000000778925000003/0000007789-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7789/000000778925000003/asb-20250123.htm
  HTML page:      https://secwatch.observer/filing/0000007789-25-000003

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