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ASSOCIATED BANC-CORP (ASB)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Dec-31-21Sep-30-21Jun-30-21Dec-31-20Sep-30-20Jun-30-20
   10-Q10-Q10-K10-Q10-Q10-K10-Q10-Q
    Interest income:  
        Interest income on loans  423.3199.9170.8174.6174.2185.9182.6191.9
        Interest income on investments  51.834.728.923.423.224.028.230.7
       481.2237.0201.7200.3199.3211.7213.1224.8
    Interest expense:  
        Interest on deposits  162.28.03.74.44.67.810.013.2
        Interest on borrowings   0.00.00.00.00.00.00.0
       223.320.815.016.619.723.730.935.0
Net interest income  257.9216.1186.8183.7179.5188.0182.2189.9
Provision for loan losses  22.10.0-6.0-24.0-35.017.043.061.0
Net interest income after provision for loan losses  235.8216.1192.8207.7214.5171.0139.1128.9
        Other non-interest income  65.575.581.582.173.485.775.5254.5
Total non-interest income  65.575.581.582.173.485.775.5254.5
Non-interest expenses  190.7181.4182.2177.9174.5172.9227.6183.4
Pre-tax income before non-recurring items  110.4111.993.1111.9113.591.3-12.9200.0
Non-recurring items  -0.31.71.0  7.4  
Pre-tax income  110.7110.292.0111.9113.583.9-12.9200.0
Income taxes  23.523.415.223.122.516.9-58.151.2
            Tax rate  21.3%21.2%16.5%20.6%19.8%20.1%450.5%25.6%
Net income  84.383.974.084.786.161.840.0144.6
            Net margin  28.0%28.8%27.0%29.2%29.9%24.1%18.6%37.7%
   
Basic EPS  $0.56$0.56$0.49$0.56$0.57$0.40$0.26$0.95
Diluted EPS  $0.56$0.56$0.49$0.56$0.56$0.40$0.26$0.94
   
Shares outstanding (basic)  150.0149.1150.8150.0152.0153.0152.4152.4
Shares outstanding (diluted)  150.9150.2152.0151.1153.4153.6153.2153.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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