Associated Banc-Corp (FRA:AB5)

Associated Banc-Corp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	1,782	1,830	1,720	992.64	693.73
Interest Income on Investments	390.37	292.46	237.65	152.61	104.46
Total Interest Income	2,173	2,123	1,958	1,145	798.19
Interest Paid on Deposits	803.92	901.8	673.62	98.31	18.62
Interest Paid on Borrowings	167.69	173.65	244.85	89.62	53.71
Total Interest Expense	971.61	1,075	918.48	187.93	72.33
Net Interest Income	1,201	1,047	1,040	957.32	725.86
Net Interest Income Growth (YoY)	14.70%	0.74%	8.59%	31.89%	-4.86%
Trust Income	96.58	92.57	82.5	84.12	89.85
Mortgage Banking Activities	14.5	10.69	19.43	18.87	50.75
Gain (Loss) on Sale of Assets	1.57	-1.04	0.45	1.34	12.05
Gain (Loss) on Sale of Investments	-6.93	-274.55	-195.14	3.75	-0.02
Other Non-Interest Income	127.03	111.29	106.9	111.98	115.32
Total Non-Interest Income	286.4	-9.41	63.18	282.37	332.36
Non-Interest Income Growth (YoY)	-	-	-77.62%	-15.04%	-37.50%
Revenues Before Loan Losses	1,488	1,038	1,103	1,240	1,058
Provision for Loan Losses	54	84.99	83.02	33	-88.01
Revenue	1,434	952.86	1,020	1,207	1,146
Revenue Growth (YoY)	50.45%	-6.56%	-15.49%	5.27%	2.28%
Salaries and Employee Benefits	521.72	468.96	451.36	438.1	410.69
Federal Deposit Insurance	36.71	38.44	67.07	22.65	18.15
Amortization of Goodwill & Intangibles	8.81	8.81	8.81	8.81	8.84
Selling, General & Administrative	241.71	249.36	244.2	229.9	225.38
Other Non-Interest Expense	38.42	44.36	36.84	41.67	38.72
Total Non-Interest Expense	855.64	818.4	813.68	747.06	709.92
EBT Excluding Unusual Items	577.91	134.46	206.05	459.63	436.31
Pretax Income	577.91	134.46	206.05	459.63	436.31
Income Tax Expense	103.13	11.31	23.1	93.51	85.31
Net Income	474.78	123.15	182.96	366.12	350.99
Preferred Dividends & Other Adjustments	11.5	12.19	12.53	13.71	19.48
Net Income to Common	463.28	110.96	170.42	352.41	331.51
Net Income Growth	285.54%	-32.69%	-50.03%	4.31%	14.42%
Basic Shares Outstanding	165	152	150	149	151
Diluted Shares Outstanding	167	153	151	150	152
Shares Change (YoY)	8.65%	1.65%	0.24%	-0.98%	-1.08%
EPS (Basic)	2.81	0.73	1.14	2.36	2.20
EPS (Diluted)	2.77	0.72	1.13	2.34	2.18
EPS Growth	284.72%	-36.28%	-51.71%	7.34%	17.20%
Dividend Per Share	0.930	0.890	0.850	0.810	0.760
Dividend Growth	4.49%	4.71%	4.94%	6.58%	5.56%
Effective Tax Rate	17.85%	8.41%	11.21%	20.34%	19.55%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.