Associated Banc-Corp reports results for the quarter ended in December - Earnings Summary

Associated Banc-Corp

26/01/2023 22:01

* Associated Banc-Corp  ASB.N  reported quarterly adjusted
earnings of 70 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of 66 cents per share.
    * Revenue rose 30.7% to $350.65 million from a year ago;
analysts
expected $347.47 million. 
    * Associated Banc-Corp's reported EPS for the quarter was 70
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Associated Banc-Corp shares had fallen by 4.0% this
quarter.
    * The company reported quarterly net income of $105.89
million.
    * Wall Street's median 12-month price target for Associated
Banc-Corp is $25.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.66           0.70           Beat
 Sep. 30 2022      0.59           0.62           Beat
 Jun. 30 2022      0.44           0.56           Beat
 Mar. 31 2022      0.38           0.47           Beat