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Associated Banc-Corp Net Income Falls 33% to $123M on Repositioning Losses

ASB10-KFiling Date: 2/12/2025
Associated Banc-Corp
Description

What this story covers

Associated Banc-Corp's 2024 10-K reveals a 33% net income drop to $123.1M from balance sheet repositioning losses, despite 5% asset growth to $43B and steady loan quality. Focus on optimizing yields amid high rates positions for future margin recovery.

Story snapshot

CompanyAssociated Banc-Corp
TickerASB
VariantStandard detailed
Duration10:40
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0000007789-25-000013

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