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Associated Banc-Corp ASB Q2 2024 earnings

Reported July 25, 2024 · After market close

Revenue$320.0MMiss by $10.9M
EPS$0.52In line
Revenue estimate$330.9M
EPS estimate$0.52

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$462.5M
EPS estimate$0.76

Financials

Q2 2024

Income statement

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Revenue$321.8M-0.5%
Net income$115.6M+32.6%
EPS (diluted)$0.74+32.1%

Balance sheet

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Total debt$3.6B-3.0%
Total equity$4.2B+2.9%
Total assets$41.6B+1.0%

Cash flow

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Operating cash flow$113.5M-13.6%
CapEx$11.5M-27.0%
Free cash flow$102.0M-11.7%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$3.17B+30.2%
Enterprise value$6.73B+10.2%
P/S2.9×+1.1×

Profitability

See full
FCF margin44.1%+8.6pp

Returns & leverage

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Debt / equity0.8×-0.1×

Segments

By product

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Credit and Debit Card$12.0M+5.1%
Financial Service, Other$4.9M+8.8%

Versus estimates

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Questions, answered.

When did Associated Banc-Corp report Q2 2024 earnings?
Associated Banc-Corp (ASB) reported Q2 2024 earnings on July 25, 2024 after market close.
What were Associated Banc-Corp's Q2 2024 revenue and EPS?
Associated Banc-Corp reported revenue of $320.0M and eps of $0.52 for Q2 2024.
Did Associated Banc-Corp beat estimates in Q2 2024?
Revenue missed the consensus estimate of $330.9M by $10.9M. EPS beat the consensus estimate of $0.52 by $0.00.
Where can I find Associated Banc-Corp's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000007789-24-000062) directly on SEC EDGAR. The filing index links above go to sec.gov.