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ASBBearishEarningsnews
Materiality pending

Compared to Estimates, Associated Banc-Corp (ASB) Q1 Earnings: A Look at Key Metrics

Apr 25, 2024, 9:06 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- ASB reported $326.61 million in revenue, a 4.2% year-over-year decline. - EPS was $0.52, lower than the previous year's $0.66. - Key metrics like efficiency ratio and net charge-off were slightly below analyst estimates. - Price Impact Rating: bearish - Impact Horizon Rating: short-term - Type: Earnings

  • ASB reported $326.61 million in revenue, a 4.2% year-over-year decline.
  • EPS was $0.52, lower than the previous year's $0.66.
  • Key metrics like efficiency ratio and net charge-off were slightly below analyst estimates.

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