Associated Banc-Corp (ASB) Sees 312% Increase in Net Income

By Chris Stiles • Friday, January 23 03:40 • Permanent Link

Associated Banc-Corp (NYSE: ASB) has reported a significant increase in its net income available to common equity for the year ended December 31, 2025. The company's net income available to common equity for 2025 stood at $463 million, or $2.77 per common share, compared to $112 million, or $0.72 per common share, for the year ended December 31, 2024.

In terms of loans, the period end total loans for the fourth quarter of 2025 increased by 1% from the prior quarter and by 5% from the same period last year, reaching $31.2 billion. The company also reported an increase in total period end deposits, which amounted to $35.6 billion, up 2% from the prior quarter and 3% from the same period last year. The core customer deposits saw a 3% increase compared to 2024.

Moreover, the net interest income for the full year 2025 was reported at $1.2 billion, marking a 15% increase from 2024. The net interest margin also saw a positive change, standing at 3.03%.

In terms of noninterest income, the company reported a total of $286 million for 2025, primarily driven by nonrecurring items associated with a balance sheet repositioning announced during the fourth quarter of 2024.

The full year 2025 noninterest expense of $856 million increased by 5% compared to 2024. The company expects the total noninterest expense to grow by 3% in 2026.

The provision for credit losses for the full year 2025 was $54 million, compared to $85 million in the prior year. The company reported a strong capital position, with a CET1 capital ratio of 10.49% at December 31, 2025.

In the upcoming year, the company expects total period end loan growth of 5% to 6% and total period end deposit growth of 5% to 6%, excluding any impact from the acquisition of American National Corporation.

The company will host a conference call for investors and analysts to discuss these results further. As a result of these announcements, the company's shares have moved -0.6% on the market, and are now trading at a price of $26.54. For more information, read the company's full 8-K submission here.

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