Associated Banc-Corp (ASB) Q2 Earnings In Line, NII Declines
Associated Banc-p(ASB) ZACKS·2024-07-26 23:15
Associated Banc-Corp’s (ASB) second-quarter 2024 adjusted earnings of 52 cents per share met the Zacks Consensus Estimate. However, the bottom line compared unfavorably with the prior-year quarter’s earnings of 56 cents per share.Results benefited from a higher loan balance. However, a decline in net interest income (NII), non-interest income, and an increase in expenses and provisions were headwinds.Net income available to common shareholders (GAAP basis) was $113 million, up 34.5% from the year-ago quarte ...