Associated Banc-Corp: Q1 Earnings Snapshot

GREEN BAY, Wis. (AP) — GREEN BAY, Wis. (AP) — Associated Banc-Corp (ASB) on Thursday reported first-quarter earnings of $81.2 million.

The Green Bay, Wisconsin-based bank said it had earnings of 52 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The bank holding company posted revenue of $588.4 million in the period. Its revenue net of interest expense was $326.6 million, missing Street forecasts. Four analysts surveyed by Zacks expected $327.5 million.

Associated Banc-Corp shares have fallen slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.37, a rise of 26% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASB at https://www.zacks.com/ap/ASB