ASSOCIATED BANC-CORP
For the period ended Sep 30, 2026. Filed Oct 27, 2026.
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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.
Sep 30, 2026 · Filed Oct 27, 2026
ASB$30.89+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
Consolidated Statements of Income (Unaudited)
| Three Months Ended Sep 30, | Nine Months Ended Sep 30, | |||
|---|---|---|---|---|
| (in thousands, except per share data) | 2026 | 2025 | 2026 | 2025 |
| Interest income | ||||
| Interest and fees on loans | $516,411 | $455,623 | $1,449,927 | $1,336,703 |
| Interest and dividends on investment securities | ||||
| Taxable | 87,551 | 73,727 | 251,574 | 214,689 |
| Tax-exempt | 13,510 | 13,888 | 40,972 | 41,746 |
| Other interest | 16,109 | 13,353 | 42,444 | 35,274 |
| Total interest income | 633,581 | 556,591 | 1,784,917 | 1,628,412 |
| Interest expense | ||||
| Interest on deposits | 208,601 | 202,344 | 587,639 | 609,139 |
| Interest on federal funds purchased and securities sold under agreements to repurchase | 3,008 | 2,107 | 10,826 | 7,733 |
| Interest on FHLB advances | 34,138 | 35,965 | 100,760 | 86,944 |
| Interest on senior and subordinated debt | 10,231 | 10,741 | 30,556 | 32,526 |
| Interest on other interest-bearing liabilities | 352 | 212 | 657 | 907 |
| Total interest expense | 256,330 | 251,369 | 730,438 | 737,250 |
| Net interest income | 377,251 | 305,222 | 1,054,479 | 891,163 |
| Provision for credit losses | 14,005 | 16,000 | 44,394 | 46,999 |
| Net interest income after provision for credit losses | 363,246 | 289,223 | 1,010,085 | 844,164 |
| Noninterest income | ||||
| Wealth management fees | 26,161 | 25,315 | 77,596 | 70,837 |
| Service charges and deposit account fees | 16,793 | 13,861 | 46,709 | 39,822 |
| Card-based fees | 14,549 | 12,308 | 40,289 | 33,950 |
| Other fee-based revenue | 6,630 | 5,414 | 17,250 | 15,659 |
| Capital markets, net | 10,702 | 10,764 | 24,720 | 20,873 |
| Mortgage banking, net | 1,765 | 3,541 | 10,653 | 11,577 |
| Loss on mortgage portfolio sale | — | — | — | (6,976) |
| Bank and corporate owned life insurance | 4,691 | 4,051 | 13,122 | 13,391 |
| Asset gains, net | 2,676 | 3,340 | 4,305 | 727 |
| Investment securities (losses) gains, net | (46) | 1 | (40) | 13 |
| Other | 3,210 | 2,670 | 8,783 | 7,147 |
| Total noninterest income | 87,131 | 81,265 | 243,387 | 207,019 |
| Noninterest expense | ||||
| Personnel | 153,714 | 135,703 | 450,054 | 386,593 |
| Technology | 42,725 | 28,590 | 105,328 | 82,237 |
| Occupancy | 15,552 | 12,757 | 43,369 | 40,782 |
| Business development and advertising | 9,477 | 8,362 | 25,851 | 22,496 |
| Equipment | 5,480 | 4,368 | 16,514 | 13,389 |
| Legal and professional | 9,053 | 5,232 | 33,228 | 17,989 |
| Loan and foreclosure costs | 2,039 | 1,638 | 5,298 | 6,937 |
| FDIC assessment | 11,802 | 9,980 | 31,234 | 30,124 |
| Other intangible amortization | 6,894 | 2,203 | 15,990 | 6,608 |
| Other | 3,606 | 7,369 | 24,520 | 29,017 |
| Total noninterest expense | 260,342 | 216,202 | 751,386 | 636,173 |
| Income before income taxes | 190,035 | 154,286 | 502,086 | 415,010 |
| Income tax expense | 43,449 | 29,554 | 112,301 | 77,362 |
| Net income | 146,586 | 124,732 | 389,785 | 337,648 |
| Preferred stock dividends | 2,875 | 2,875 | 8,625 | 8,625 |
| Net income available to common equity | $143,711 | $121,857 | $381,160 | $329,023 |
| Earnings per common share | ||||
| Basic | $0.77 | $0.73 | $2.11 | $1.98 |
| Diluted | $0.76 | $0.73 | $2.09 | $1.96 |
| Average common shares outstanding | ||||
| Basic | 186,685 | 165,029 | 180,034 | 165,064 |
| Diluted | 188,500 | 166,703 | 181,782 | 166,645 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.