ASSOCIATED BANC-CORP

Associated Banc-Corp announced an update to the expected timing for the conversion of American National Corporation's systems and branches, now anticipated to occur in October 2026. The acquisition of American National Corporation was completed on April 1, 2026. The company also highlighted strong FY 2025 results, including record net income, and provided a positive outlook for FY 2026, projecting significant growth in loans and deposits.

Associated Banc-Corp held its 2026 Annual Meeting, where shareholders elected all director nominees, approved executive compensation, and ratified KPMG as auditor. The Board declared regular quarterly cash dividends for common and preferred shares. Additionally, the Board authorized a new $100 million common stock repurchase program, bringing the total authorization to $214 million, and established a new Technology Committee to oversee data management and IT risks.

ASSOCIATED BANC-CORP reported Q1 2026 net income of $119.6 million, an increase of 17.65% from $101.7 million in Q1 2025, with diluted EPS rising to $0.70 from $0.59. Net interest income grew by 7.43% to $307.2 million, while total noninterest income increased significantly by 29.06% to $75.9 million. The company also saw a quarter-over-quarter increase in total assets, deposits, and loans.