Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 106

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 106
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 common shareholders earnings, basic$110,956 $170,424 $352,412 DilutedDistributed earnings to common shareholders$138,508 $128,748 $122,417 Undistributed earnings allocated to common shareholders(27,552)41,675 229,995 Total common shareholders earnings, diluted$110,956 $170,424 $352,412 Weighted average common shares outstanding151,933 149,968 149,162 Effect of dilutive common stock awards1,415 892 1,334 Diluted weighted average common shares outstanding153,347 150,860 150,496 Basic earnings per common share$0.73 $1.14 $2.36 Diluted earnings per common share$0.72 $1.13 $2.34 Excluded from the earnings per common share calculation were 2 million anti-dilutive common stock options for the year ended December 31, 2024, and 3 million and 2 million anti-dilutive common stock options were excluded from the earnings per share calculations for the years ended December 31, 2023 and 2022, respectively.

Note 20 Segment Reporting 

The Corporation is managed through operating segments based on our internal structure and management process, which is how we assess performance and allocate resources to the segments. Certain operating segments have been aggregated into our three reportable segments where the nature of the products and services, the type of customer, and the distribution of those products and services are similar. The three reportable segments are Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. A description of the products and services and the related customers for each reportable segment is as follows: Corporate and Commercial Specialty: The Corporate and Commercial Specialty segment serves a wide range of customers including larger businesses, developers, not-for-profits, municipalities, and financial institutions by providing lending and deposit solutions as well as the support to deliver, fund, and manage such banking solutions. Within this segment we provide the following products and services: (1) lending solutions, such as commercial loans and lines of credit, CRE financing, construction loans, letters of credit, leasing, ABL & equipment finance, and, for our larger clients, loan syndications; (2) deposit and cash management solutions such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions,