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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,800	1,830	1,720	992.64	693.73	785.24
Interest Income on Investments	340.8	292.46	237.65	152.61	104.46	127.6
Total Interest Income	2,141	2,123	1,958	1,145	798.19	912.84
Interest Paid on Deposits	861.31	901.8	673.62	98.31	18.62	67.64
Interest Paid on Borrowings	160.82	173.65	244.85	89.62	53.71	82.24
Total Interest Expense	1,022	1,075	918.48	187.93	72.33	149.88
Net Interest Income	1,119	1,047	1,040	957.32	725.86	762.96
Net Interest Income Growth (YoY)	9.46%	0.74%	8.59%	31.89%	-4.86%	-8.70%
Trust Income	93.77	92.57	82.5	84.12	89.85	84.96
Mortgage Banking Activities	13.56	10.69	19.43	18.87	50.75	63.28
Gain (Loss) on Sale of Assets	-2.72	-1.04	0.45	1.34	12.05	163.04
Gain (Loss) on Sale of Investments	-285.47	-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	-13.8	-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	1,105	1,038	1,103	1,240	1,058	1,295
Provision for Loan Losses	68.98	84.99	83.02	33	-88.01	174.01
Revenue	1,036	952.86	1,020	1,207	1,146	1,121
Revenue Growth (YoY)	3.82%	-6.56%	-15.49%	5.27%	2.28%	-6.65%
Salaries and Employee Benefits	479.87	468.96	451.36	438.1	410.69	411.15
Federal Deposit Insurance	37.51	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	253.62	249.36	244.2	229.9	225.38	227.96
Other Non-Interest Expense	55.05	44.36	36.84	41.67	38.72	49.14
Total Non-Interest Expense	844.85	818.4	813.68	747.06	709.92	731.39
EBT Excluding Unusual Items	191.12	134.46	206.05	459.63	436.31	389.33
Asset Writedown	-	-	-	-	-	-17.7
Other Unusual Items	-	-	-	-	-	-44.65
Pretax Income	191.12	134.46	206.05	459.63	436.31	326.97
Income Tax Expense	51.8	11.31	23.1	93.51	85.31	20.2
Net Income	139.32	123.15	182.96	366.12	350.99	306.77
Preferred Dividends & Other Adjustments	12.2	12.19	12.53	13.71	19.48	20.35
Net Income to Common	127.12	110.96	170.42	352.41	331.51	286.43
Net Income Growth	-26.36%	-32.69%	-50.03%	4.31%	14.42%	-6.13%
Basic Shares Outstanding	160	152	150	149	151	153
Diluted Shares Outstanding	161	153	151	150	152	154
Shares Change (YoY)	6.54%	1.65%	0.24%	-0.98%	-1.08%	-5.12%
EPS (Basic)	0.80	0.73	1.14	2.36	2.20	1.87
EPS (Diluted)	0.78	0.72	1.13	2.34	2.18	1.86
EPS Growth	-33.07%	-36.28%	-51.71%	7.34%	17.20%	-2.62%
Dividend Per Share	0.910	0.890	0.850	0.810	0.760	0.720
Dividend Growth	4.60%	4.71%	4.94%	6.58%	5.56%	4.35%
Effective Tax Rate	27.10%	8.41%	11.21%	20.34%	19.55%	6.18%

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

SEC Filings: 10-K · 10-Q