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Associated Banc-Corp (ASB) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, Associated Banc-Corp (ASB - Free Report) reported revenue of $464.38 million, up 20.2% over the same period last year. EPS came in at $0.76, compared to $0.73 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $464.03 million, representing a surprise of +0.08%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.76.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Associated Banc-Corp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Interest Margin: 3.2% versus the four-analyst average estimate of 3.2%.
  • Net charge offs / average loans: 0.2% compared to the 0.2% average estimate based on four analysts.
  • Fully tax-equivalent efficiency ratio: 54.1% compared to the 55.3% average estimate based on three analysts.
  • Average Balance - Total earning assets and related interest income: $47.5 billion versus the three-analyst average estimate of $47.78 billion.
  • Nonaccrual loans: $183.44 million versus the two-analyst average estimate of $132.29 million.
  • Total nonperforming assets: $202.7 million versus the two-analyst average estimate of $151.16 million.
  • Total Noninterest Income: $87.13 million compared to the $80.47 million average estimate based on four analysts.
  • Net Interest Income (FTE): $381.34 million versus $383.83 million estimated by four analysts on average.
  • Wealth management fees: $26.16 million compared to the $26.46 million average estimate based on four analysts.
  • Service charges and deposit accounts fees: $16.79 million versus $15.73 million estimated by four analysts on average.
  • Capital markets, net: $10.7 million versus $7.75 million estimated by four analysts on average.
  • Other income: $3.21 million versus the three-analyst average estimate of $2.8 million.

View all Key Company Metrics for Associated Banc-Corp here>>>

Shares of Associated Banc-Corp have returned +1.7% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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