Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 264

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 264
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REO write downs in 2025.

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Table 1 Summary Results of Operations: Trends Six months endedThree months ended($ in thousands, except per share data)Jun 30, 2025Jun 30, 2024Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Net income (loss)$212,916 $196,742 $111,230 $101,687 $(161,615)$88,018 $115,573 Net income (loss) available to common equity207,166 190,992 108,355 98,812 (164,490)85,143 112,698 Earnings (loss) per common share - basic 1.25 1.27 0.65 0.60 (1.04)0.56 0.75 Earnings (loss) per common share - diluted1.24 1.26 0.65 0.59 (1.03)0.56 0.74 Effective tax rate18.34 %3.59 %20.34 %16.03 %N/M18.61 %(12.33)%N/M = Not Meaningful

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Income Statement Analysis

Net Interest Income

Table 2 Net Interest Income Analysis Six Months Ended Jun 30, 20252024(a) (Dollars in thousands)AverageBalanceInterestIncome /ExpenseAverageYield /RateAverageBalanceInterestIncome /ExpenseAverageYield /RateAssetsEarning assetsLoans(b)(c)Commercial and industrial$10,783,368 $349,740 6.54%$9,822,806 $359,302 7.35%Commercial real estate—owner occupied1,127,535 32,214 5.76%1,090,935 32,979 6.08%Commercial and business lending11,910,904 381,954 6.46%10,913,741 392,281 7.23%Commercial real estate—investor5,499,334 178,658 6.55%5,002,956 181,099 7.28%Real estate construction1,884,065 67,829 7.26%2,316,