Associated Banc-Corp Reports Q2 2026 Earnings of $0.63 Per Common Share

Associated Banc-Corp (ASB) announced its financial results for the second quarter of 2026, reporting a net income of $121 million, or $0.63 per common share. This compares to net income of $108 million, or $0.65 per common share, for the second quarter of 2025.

The company's second quarter 2026 results were affected by certain nonrecurring expenses associated with the integration of American National Corporation, which was acquired on April 1, 2026. Excluding these items, the adjusted earnings were $140 million, or $0.73 per common share.

President and CEO Andy Harmening stated that organic growth remains a primary focus. Through the end of June, the company experienced double-digit growth in C&I loans and strong deposit growth. The integration of American National Corporation has proceeded as expected.

Associated Banc-Corp expects its total loan portfolio to grow between 18% and 20% for the full year 2026, compared to 2025. As of June 30, 2026, total period-end loans stood at $36.5 billion, a 15% increase from the previous quarter and a 19% increase year-over-year.