ASSOCIATED BANC-CORP

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 4, 2026

ASB$30.89+1.7%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Income

Consolidated Statements of Income (Unaudited)

	Three Months Ended Jun 30,		Six Months Ended Jun 30,
(in thousands, except per share data)	2026	2025	2026	2025
Interest income
Interest and fees on loans	$506,528	$447,781	$933,516	$881,080
Interest and dividends on investment securities
Taxable	88,347	71,174	164,023	140,962
Tax-exempt	13,725	13,902	27,463	27,858
Other interest	14,694	12,679	26,335	21,921
Total interest income	623,294	545,536	1,151,337	1,071,821
Interest expense
Interest on deposits	203,765	197,656	379,038	406,796
Interest on federal funds purchased and securities sold under agreements to repurchase	4,085	2,004	7,818	5,626
Interest on FHLB advances	35,052	34,889	66,621	50,979
Interest on senior and subordinated debt	10,163	10,700	20,326	21,785
Interest on other interest-bearing liabilities	190	287	306	695
Total interest expense	253,255	245,536	474,109	485,881
Net interest income	370,039	300,000	677,228	585,940
Provision for credit losses	19,388	17,996	30,389	30,999
Net interest income after provision for credit losses	350,651	282,004	646,839	554,941
Noninterest income
Wealth management fees	26,217	23,025	51,435	45,522
Service charges and deposit account fees	15,863	13,147	29,916	25,961
Card-based fees	14,161	11,200	25,740	21,642
Other fee-based revenue	5,758	4,995	10,623	10,245
Capital markets, net	7,476	5,765	14,018	10,110
Mortgage banking, net	2,777	4,213	8,888	8,035
Loss on mortgage portfolio sale	—	—	—	(6,976)
Bank and corporate owned life insurance	4,615	4,135	8,430	9,339
Asset gains (losses), net	789	(1,735)	1,629	(2,613)
Investment securities gains, net	35	7	6	11
Other	2,707	2,226	5,571	4,477
Total noninterest income	80,398	66,977	156,256	125,754
Noninterest expense
Personnel	161,168	126,994	296,341	250,890
Technology	32,867	26,508	62,603	53,646
Occupancy	14,091	12,644	27,817	28,025
Business development and advertising	8,548	7,748	16,374	14,134
Equipment	5,423	4,494	11,033	9,021
Legal and professional	17,454	6,674	24,176	12,757
Loan and foreclosure costs	1,552	2,705	3,259	5,299
FDIC assessment	10,595	9,708	19,432	20,144
Other intangible amortization	6,894	2,203	9,096	4,405
Other	13,290	9,674	20,914	21,648
Total noninterest expense	271,882	209,352	491,045	419,971
Income before income taxes	159,167	139,629	312,050	260,724
Income tax expense	35,603	28,399	68,850	47,808
Net income	123,564	111,230	243,200	212,916
Preferred stock dividends	2,875	2,875	5,750	5,750
Net income available to common equity	$120,689	$108,355	$237,450	$207,166
Earnings per common share
Basic	$0.64	$0.65	$1.34	$1.25
Diluted	$0.63	$0.65	$1.33	$1.24
Average common shares outstanding
Basic	188,084	164,936	176,654	165,081
Diluted	189,899	166,343	178,402	166,506

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.