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What happened, with direct paths to the underlying reporting
- Associated Banc-Corp's first-quarter earnings beat estimates but declined from the prior year. - Revenues decreased, expenses rose, and credit quality worsened. - Capital ratios deteriorated, but the company expects growth in loans and deposits in 2024. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
- Associated Banc-Corp's first-quarter earnings beat estimates but declined from the prior year.
- Revenues decreased, expenses rose, and credit quality worsened.
- Capital ratios deteriorated, but the company expects growth in loans and deposits in 2024.
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