{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-125536","form_type":"8-K","ticker":"ASB","cik":"0000007789","company_name":"ASSOCIATED BANC-CORP","filed_at":"2024-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.010072+00:00","generated_at":"2026-05-29T09:10:51.885679+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Associated Banc-Corp repositioning: sells $1.3B securities, $0.7B mortgage loans; expects $253M after-tax Q4 loss","bullets":["Sold ~$1.3B of AFS securities (avg yield 1.87%) and reinvested ~$1.5B into higher-yielding securities (avg yield 5.08%, ~4yr duration).","Agreed to sell ~$0.7B low-yielding mortgage loans (avg yield 2.99%), expected close Q1 2025; proceeds to repay $0.6B FHLB advances.","Expects after-tax loss of ~$253M from repositioning, causing a net loss for Q4 2024; transaction adds ~$15.8M quarterly NII pro forma.","Pro forma NIM improves 19bps to 2.97%, CET1 ratio +39bps to 10.11%, ROATCE +83bps to 12.35% (based on 3Q24).","Common stock offering in Nov 2024 raised ~$330.7M (13.8M shares at $25.00) to bolster capital and support organic growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-125536","json":"https://secwatch.observer/filing/0001104659-24-125536.json","markdown":"https://secwatch.observer/filing/0001104659-24-125536.md","text":"https://secwatch.observer/filing/0001104659-24-125536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/7789/000110465924125536/0001104659-24-125536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/7789/000110465924125536/tm2430097d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T09:10:51.885679+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}