Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 11

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 11
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410 4 %13,861 13,147 12,814 13,232 13,708 5 %1 %Card-based fees33,950 34,973 (3)%12,308 11,200 10,442 11,948 11,731 10 %5 %Other fee-based revenue15,659 14,316 9 %5,414 4,995 5,251 5,182 5,057 8 %7 %Capital markets, net20,873 13,052 60 %10,764 5,765 4,345 9,032 4,317 87 %149 %Mortgage banking, net11,577 7,299 59 %3,541 4,213 3,822 3,387 2,132 (16)%66 %Loss on mortgage portfolio sale(6,976)— N/M— — (6,976)(130,406)— N/MN/MBank and corporate owned life insurance13,391 11,156 20 %4,051 4,135 5,204 2,322 4,001 (2)%1 %Other7,147 7,054 1 %2,670 2,226 2,251 2,257 2,504 20 %7 %Asset gains (losses), net727 (1,407)N/M3,340 (1,735)(878)364 (474)N/MN/MInvestment securities gains (losses), net13 4,047 (100)%1 7 4 (148,194)100 (86)%(99)%Total noninterest income (loss)$207,019 $197,365 5 %$81,265 $66,977 $58,776 $(206,772)$67,221 21 %21 %Assets under management, at market value(a)16,178 15,537 14,685 14,773 15,033 4 %8 %

57

N/M = Not Meaningful(a) In millions. Excludes assets held in brokerage accounts.

Notable Contributions to the Change in Noninterest Income 

•Capital markets increased $7.8 million from the first nine months of