Shares of Associated Banc ASB were flat in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were down 52.00% over the past year to $0.24, which beat the estimate of $0.20.
Revenue of $257,695,000 declined by 16.12% from the same period last year, which missed the estimate of $269,350,000.
Guidance
Associated Banc hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Oct 22, 2020
Time: 05:00 PM
ET Webcast URL: http://public.viavid.com/player/index.php?id=141605
Technicals
Company's 52-week high was at $22.60
Company's 52-week low was at $10.23
Price action over last quarter: Up 3.49%
Company Profile
Associated Banc-Corp is Wisconsin's second- largest bank with more than $20 billion in assets and nearly 300 offices. Half of its loans are in its home state, followed by 20% and 15% in neighboring Illinois and Minnesota, respectively. The rest are among 40 other states. About 30% of its portfolio is commercial real estate and construction loans. General commercial loans, home equity lines, and residential mortgages account for roughly 25%, 20%, and 20%, respectively.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
