Associated Banc-corp ( (ASB) ) has released its Q2 earnings. Here is a breakdown of the information Associated Banc-corp presented to its investors.
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Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is the largest bank holding company based in the state, providing a wide range of financial services across the Midwest through its extensive network of banking locations and loan production offices.
In its second quarter of 2025, Associated Banc-Corp reported a net income of $108 million, translating to $0.65 per common share, marking a notable improvement from the previous quarter. The company achieved record net interest income, driven by significant growth in commercial and industrial loans and an expansion in net interest margin.
Key financial highlights for the quarter include a record net interest income of $300 million, a 5% increase from the previous quarter, and a 17% increase from the same period last year. The total period-end loans rose to $30.6 billion, while deposits slightly decreased to $34.1 billion. The net interest margin expanded to 3.04%, reflecting a positive trend in the company’s earnings capacity.
Despite a challenging macroeconomic environment, Associated Banc-Corp’s strategic initiatives have positioned it well for continued growth. The company expects to maintain its momentum, with projected loan growth of 5% to 6% and deposit growth of 1% to 3% by the end of 2025.
Looking ahead, Associated Banc-Corp remains optimistic about its growth prospects, supported by a strong capital position and disciplined growth strategies. The management anticipates further updates on its progress as the year unfolds.