ASB
Associated Banc-Corp (ASB) Q2 2026 Earnings Call Highlights: Strong Loan Growth and Strategic ...
Article Summary
HOLD- Associated Banc-Corp. (NYSE: ASB) reported strong loan growth, strong deposit growth, and solid net interest income growth driven by the acquisition of American National Corp. (NASDAQ: AANH), with organic C&I loan growth of $940 million and commercial-industrial loan balances up $644 million year-over-year.
- Core customer deposits grew 6% from 2025 to 2026, marking the strongest June-to-June growth in the last five years.
- Net interest income increased 20% and noninterest income rose 20% versus the prior quarter, while noninterest expenses increased by $53 million, including $24 million in nonrecurring costs from the American National acquisition.
- Associated Banc-Corp expects total loan growth in 2026 of 18% to 20% with C& I loan growth projected at 20% to 22% compared to 2025, and core deposit growth of 6% to 6% excluding American National.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 17.0% | 25% | 60.0 ptsModerate (17.0%) - Decent growth |
| EPS Growth Next 5Y ? | 8.1% | 25% | 20.0 ptsWeak (8.1%) - Low expectations |
| Target Price Upside ? | 10.4% | 20% | 50.0 ptsMeets Minimum (10.4%) - Target: $33.40 vs Current: $30.26 |
| Gross Margin % ? | — | 15% | 40.0 ptsNo Gross Margin Data |
| Drawdown from 52-Wk High ? | -4.9% | 15% | 20.0 ptsBarely a Dip (-4.9%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About ASB
- Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, Texas, and Minnesota.
- It offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit.
- The company also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts.
- In addition, it offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services.
- The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas.
- Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.