Associated Banc-Corp (ASB) Earnings
Associated Banc-Corp is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $0.73. ASB has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +7.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.69 | $0.70 | +1.4% | $383M | -0.4% |
| Jan 22, 2026 | $0.69 | $0.80 | +15.9% | $389M | +1.3% |
| Oct 23, 2025 | $0.68 | $0.73 | +7.8% | $385M | +2.0% |
| Jul 24, 2025 | $0.62 | $0.65 | +4.8% | $349M | -5.8% |
| Apr 24, 2025 | $0.58 | $0.59 | +2.3% | $342M | -1.6% |
| Jan 23, 2025 | $0.53 | $0.57 | +7.5% | $320M | -9.0% |
| Oct 24, 2024 | $0.50 | $0.56 | +12.0% | $327M | -1.8% |
| Jul 25, 2024 | $0.52 | $0.52 | +0.0% | $320M | -3.3% |
| Apr 25, 2024 | $0.49 | $0.52 | +6.1% | $321M | -1.3% |
| Jan 25, 2024 | $0.52 | $0.53 | +1.9% | $394M | +43.1% |
| Oct 19, 2023 | $0.52 | $0.53 | +1.9% | $319M | -1.6% |
| Jul 20, 2023 | $0.59 | $0.56 | -5.1% | $322M | -3.3% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Entered 2026 with strong momentum, first quarter checking household growth 2.2%, over $500 million NC&I loan growth. • Made progress on growth strategy in major metro markets, hired, increased marketing spend, launched offices. • Announced acquisition of American National Bank, expect to complete conversion late Q3, integration underway. • Strong growth momentum in early 2026, household growth, C&I loan growth, investments in digital, product set, marketing. • Hired for private banking, commercial teams, launched franchise banking vertical. • Integration of American National Bank on track, announced business segment leader and market president.
Guidance
• Expect 2026 period end loan growth 17% - 19% vs associated standalone 2025. • Expect 2026 period end total deposit growth 17% - 19% and period end customer deposit growth 19% - 21% vs associated standalone 2025. • Expect income growth 8% - 10% in 2026 vs associated standalone 2025. • Update non-interest expense outlook following finalization of purchase account adjustments from American National acquisition.
Segment performance
In Q1, total loans grew by over $600 million or 2% vs prior quarter, driven by commercial with C&I balances up $540 million. Total deposits grew by $179 million, core customer deposits up over $800 million vs Q4. Q1 net interest income was $307 million, dipped slightly from Q4 but up 7% vs Q1 2025. Total non-interest income $76 million, decreased from Q4 but up vs same period last year. Total non-interest expense $219 million, decreased slightly from prior quarter. Credit asset quality trends strong, total criticized loans decreased, provision $11 million, annualized charge-offs 7 basis points.
Analyst Q&A
Q: How to think about 2Q margin relative to A&B acquisition?
A: No major surprises, initially forecasted 5 - 10 basis points potential impact once marks done in 2Q.
Q: How competitive is hiring in new growth markets?
A: Able to get quality folks, word of mouth helps, talent available.
Q: Loan yields trend going forward?
A: Most growth from CNI and CRE, higher yields, auto yields may moderate.
Q: Capital front and share buyback appetite?
A: A&B closed, working through marks, bullish on outlook, expect to use share buyback authorization.
Q: C&I growth seasonality?
A: Mortgage warehouse has seasonality, rest of C&I growth strong, pipeline up.
Q: Checking household growth source?
A: Primarily legacy markets, marketing in new markets to start later.
Q: Expenses and revenue opportunities?
A: Expenses almost flat, NII and non-interest income forecasts creeping up.
Q: Balance sheet impact of American National deal?
A: Loans and deposits came in as expected during due diligence, waiting on mark process for full impact.
Q: Commercial growth pipeline and legacy client utilization?
A: Pipeline broad and deep, new hires bridging productivity gap.
Q: Customer CD increase strategy?
A: Raised rates to fund strong CNI loan growth pipeline, CDs are short term.
Q: Guidance changes with American National?
A: Net interest income guidance would be higher due to asset sensitivity and no two rate cuts