Associated Banc-Corp (ASB)

Associated Banc-Corp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,809	1,830	1,720	992.64	693.73	785.24
Interest Income on Investments	316.12	292.46	237.65	152.61	104.46	127.6
Total Interest Income	2,125	2,123	1,958	1,145	798.19	912.84
Interest Paid on Deposits	884.71	901.8	673.62	98.31	18.62	67.64
Interest Paid on Borrowings	165.15	173.65	244.85	89.62	53.71	82.24
Total Interest Expense	1,050	1,075	918.48	187.93	72.33	149.88
Net Interest Income	1,075	1,047	1,040	957.32	725.86	762.96
Net Interest Income Growth (YoY)	5.07%	0.74%	8.59%	31.89%	-4.86%	-8.70%
Trust Income	93.37	92.57	82.5	84.12	89.85	84.96
Mortgage Banking Activities	11.85	10.69	19.43	18.87	50.75	63.28
Gain (Loss) on Sale of Assets	-1.61	-1.04	0.45	1.34	12.05	163.04
Gain (Loss) on Sale of Investments	-285.4	-274.55	-195.14	3.75	-0.02	9.22
Other Non-Interest Income	114.17	111.29	106.9	111.98	115.32	154.95
Total Non-Interest Income	-15.61	-9.41	63.18	282.37	332.36	531.76
Non-Interest Income Growth (YoY)	-	-	-77.62%	-15.04%	-37.50%	39.61%
Revenues Before Loan Losses	1,060	1,038	1,103	1,240	1,058	1,295
Provision for Loan Losses	73.99	84.99	83.02	33	-88.01	174.01
Revenue	985.73	952.86	1,020	1,207	1,146	1,121
Revenue Growth (YoY)	-1.47%	-6.56%	-15.49%	5.27%	2.28%	-6.65%
Salaries and Employee Benefits	473.46	468.96	451.36	438.1	410.69	411.15
Federal Deposit Insurance	34.93	38.44	67.07	22.65	18.15	20.35
Amortization of Goodwill & Intangibles	8.81	8.81	8.81	8.81	8.84	10.19
Selling, General & Administrative	253.25	249.36	244.2	229.9	225.38	227.96
Other Non-Interest Expense	51.82	44.36	36.84	41.67	38.72	49.14
Total Non-Interest Expense	831.36	818.4	813.68	747.06	709.92	731.39
EBT Excluding Unusual Items	154.37	134.46	206.05	459.63	436.31	389.33
Asset Writedown	-	-	-	-	-	-17.7
Other Unusual Items	-	-	-	-	-	-44.65
Pretax Income	154.37	134.46	206.05	459.63	436.31	326.97
Income Tax Expense	10.71	11.31	23.1	93.51	85.31	20.2
Net Income	143.66	123.15	182.96	366.12	350.99	306.77
Preferred Dividends & Other Adjustments	12.31	12.19	12.53	13.71	19.48	20.35
Net Income to Common	131.35	110.96	170.42	352.41	331.51	286.43
Net Income Growth	-10.64%	-32.69%	-50.03%	4.31%	14.42%	-6.13%
Basic Shares Outstanding	156	152	150	149	151	153
Diluted Shares Outstanding	157	153	151	150	152	154
Shares Change (YoY)	4.16%	1.65%	0.24%	-0.98%	-1.08%	-5.12%
EPS (Basic)	0.84	0.73	1.14	2.36	2.20	1.87
EPS (Diluted)	0.83	0.72	1.13	2.34	2.18	1.86
EPS Growth	-16.42%	-36.28%	-51.71%	7.34%	17.20%	-2.62%
Dividend Per Share	0.900	0.890	0.850	0.810	0.760	0.720
Dividend Growth	4.65%	4.71%	4.94%	6.58%	5.56%	4.35%
Effective Tax Rate	6.94%	8.41%	11.21%	20.34%	19.55%	6.18%

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q