Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 52

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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$38,417,506 Stockholders’ equityPreferred equity$194,112 $194,112 Common equityCommon stock$1,890 $1,890 Surplus2,040,419 2,047,349 Retained earnings2,979,526 2,919,252 Accumulated other comprehensive (loss)(35,144)(74,416)Treasury stock, at cost(494,246)(482,626)Total common equity4,492,446 4,411,450 Total stockholders’ equity4,686,558 4,605,562 Total liabilities and stockholders’ equity$43,309,136 $43,023,068 Preferred shares authorized (par value $1.00 per share)750,000 750,000 Preferred shares issued and outstanding200,000 200,000 Common shares authorized (par value $0.01 per share)250,000,000 250,000,000 Common shares issued189,016,409 189,016,409 Common shares outstanding165,806,623 166,177,658 

Numbers may not recalculate due to rounding conventions.

See accompanying notes to consolidated financial statements.

5

Table of Contents

Item 1. Financial Statements Continued:

ASSOCIATED BANC-CORP

Consolidated Statements of Income (Unaudited) Three Months Ended Mar 31, (In thousands, except per share data)20252024Interest incomeInterest and fees on loans$433,299 $454,472 Interest and dividends on investment securitiesTaxable69,702 46,548 Tax-exempt13,956 14,774 Other interest8,920 7,595 Total interest income525,877 523,388 Interest expenseInterest on deposits209,140 226,231 Interest on federal funds purchased and securities sold under agreements to repurchase3,622 2,863 Interest on other short-term funding— 4,708 Interest on FHLB advances16,090 21,671 Interest on other long-term funding11,085 10,058 Total interest expense239,937 265,530 Net interest income285,941 257,858 Provision for credit losses13,003 24,001 Net interest income after provision for credit losses272,938 233,857 Noninterest incomeWealth management fees22,498