Associated Banc-Corp (ASB)
NYSE:ASB
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.73Last Year’s EPS
0.66Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive tone driven by clear momentum in loan and deposit growth, successful close and smooth early integration of the American National Bank acquisition, improving tangible book value and solid credit metrics (low charge-offs, stable ACL). Near-term headwinds include slight NII and NIM compression from accelerated funding, modest increases in delinquencies/nonaccruals tied to a small number of managed credits, and temporary uncertainty pending final purchase accounting marks. Overall, the company emphasized disciplined growth, on-track integration, and confidence in meeting or exceeding legacy guidance—indicating that positive operational and growth drivers significantly outweigh the manageable challenges highlighted.Company Guidance
Earnings Per Share
Reported EPS of $0.70 for Q1 2026.
Strong Loan Growth (Quarterly)
Total period-end loans increased by $635 million (≈2% quarter-over-quarter). Commercial & Industrial (C&I) led growth with roughly $540 million of period-end C&I loan growth (about 4.6% point-to-point vs Dec 31).
Ambitious Full-Year Loan Growth Outlook (with Acquisition)
Including the American National Bank (ANB) acquisition, expected 2026 period-end loan growth of 17%–19% compared to Associated stand-alone 2025.
Deposit Growth and Composition
Period-end deposits rose $179 million in Q1; core customer deposits grew ~$820 million (3% quarter-over-quarter) and were up $1.3 billion (4.5% year-over-year). Post-acquisition 2026 period-end total deposit growth expected 17%–19% and customer deposit growth 19%–21% vs stand-alone 2025.
Net Interest Income and Yields (YoY Strength)
Net interest income of $307 million (down $3 million QoQ but up $21 million vs Q1 2025, ≈+7% YoY). Earning asset yields at 5.20% (-14 bps QoQ); interest-bearing liability cost 2.67% (-15 bps QoQ). Interest-bearing deposit costs down 47 bps YoY.
Customer Acquisition & Marketing Investment
Annualized checking household growth of 2.2% in Q1; marketing acquisition spend increased 23% vs prior-year Q1, supporting customer growth and pipeline build.
Acquisition Closed and Integration Progress
Closed American National Bank on April 1, integration on track with conversion expected late Q3; management reports cultural fit, completed initial integration tasks, and no material surprises to date.
Credit Metrics: Low Charge-offs and Stable Allowance
Net charge-offs of $5 million in Q1 (annualized charge-off rate ~7 bps for the quarter). Provision expense modest at $11 million. Allowance for credit losses (ACL) modestly increased $6 million to $425 million; ACL as % of loans remained ~1.34% (stable). Total criticized loans decreased $29 million QoQ.
Capital and Tangible Book Value
Common Equity Tier 1 (CET1) ratio of 10.47% (up 36 bps YoY). Tangible book value per share $22.23, up nearly $2 vs Q1 prior year. Tangible common equity (TCE) ratio 8.27%, up 31 bps YoY.
Operational Discipline on Expenses
Total noninterest expense of $219 million (slightly lower QoQ). Adjusted efficiency ratio modestly higher at 55.8% but management emphasizes intent to deliver positive operating leverage and remains on track with legacy expense guidance.
ASB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ASB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $27.91 | $27.35 | -2.01% |
Jan 22, 2026 | $27.22 | $26.20 | -3.75% |
Oct 23, 2025 | $24.86 | $25.13 | +1.07% |
Jul 24, 2025 | $24.60 | $24.92 | +1.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Associated Banc-Corp (ASB) report earnings?
Associated Banc-Corp (ASB) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is Associated Banc-Corp (ASB) earnings time?
Associated Banc-Corp (ASB) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ASB EPS forecast?
ASB EPS forecast for the fiscal quarter 2026 (Q2) is 0.73.