Zandpour to succeed David Stein, effective July 1, 2025

GREEN BAY, Wis., May 8, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced the promotion of Steven Zandpour to executive vice president, head of consumer and business banking, effective July 1, 2025. Zandpour will succeed David Stein, who has announced his intent to retire at the end of 2025 after more than 20 years with the company. Zandpour will report directly to Associated Bank's President and CEO, Andrew J. Harmening.

Stein will transition to executive vice president, strategic advisor and Madison market president through the end of 2025

GREEN BAY, Wis., May 8, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced David Stein's retirement after more than 20 years with the company. Effective July 1, Stein will step down as executive vice president, head of consumer and business banking and transition to executive vice president, strategic advisor, assisting with development of the bank's strategic plan. He will also continue to serve as Madison market president through the end of 2025.

GREEN BAY, Wis., April 29, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE:ASB) ("Associated") today announced the results of the actions taken at its 2025 Annual Meeting of Shareholders.

Annual Meeting Results

The following directors were elected:

GREEN BAY, Wis., April 24, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $99 million, or $0.59 per common share, for the quarter ended March 31, 2025. These amounts compare to a loss of $164 million, or $1.03 per common share, for the quarter ended December 31, 2024 and earnings of $78 million, or $0.52 per common share, for the quarter ended March 31, 2024.

"2025 is off to a strong start at Associated Bank," said President and CEO Andy Harmening. "During the first quarter, we achieved several key milestones of our strategic plan, completing our commercial expansion, achieving a record-high net promoter score, and finalizing the balance sheet repositioning we announced in December. Importantly, the emerging momentum from our initiatives helped us deliver another strong financial quarter, with over $500 million in loan and deposit growth, 16 basis points of margin expansion, ten basis points of CET1 capital accretion and solid credit quality trends."

GREEN BAY, Wis., April 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that Julio Manso will succeed Angie DeWitt as its chief human resources officer effective June 2, 2025.  Associated announced DeWitt's plans to retire as CHRO earlier today, and she will remain with Associated for a period of time after her retirement as CHRO to assure a successful transition to Manso. 

DeWitt set to step down as chief human resources officer on June 2, 2025

GREEN BAY, Wis., April 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that Chief Human Resources Officer (CHRO) Angie DeWitt has announced her plans to retire after an exceptional 17-year career with the company.

Joining Associated Bank in 2008, DeWitt has been a key member of the bank's executive leadership team, playing a pivotal role in shaping organizational success. She began her career in Finance and advanced to the position of CHRO in 2019.

GREEN BAY, Wis., April 22, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the following events in the second quarter of 2025:

New St. Louis Location Signals Associated Bank's Entry into Missouri and Commitment to Organic Growth

ST. LOUIS, April 21, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) (Associated) today announced the opening of its new St. Louis branch at Dellwood Crossing Shopping Center located at 10044 W Florissant Ave., leasing about 6,000 square feet of space to serve the community. The branch opening is part of Associated's strategic plan to capture new market opportunities across the bank's Midwest footprint and drive growth across multiple business lines.

GREEN BAY, Wis., March 26, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release first quarter 2025 financial results on Thursday, April 24, 2025, after market close. The Company also expects to host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) on the same day.

Interested parties can access the live webcast of the call through the Investor Relations section of the Company's website, http://investor.associatedbank.com. Parties may also dial into the call at 877-407-8037 (domestic) or 201-689-8037 (international) and request the Associated Banc-Corp first quarter 2025 earnings call. The financial tables and an accompanying slide presentation are expected to be available on the Company's website just prior to the call. An audio archive of the webcast is expected to be available on the Company's website approximately fifteen minutes after the call is over.

GREEN BAY, Wis., March 24, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today announced the addition of three seasoned bankers, Matt Flynn, Alexander Burke, and Mitchell Hind, to its commercial banking team in Kansas City, Missouri, to grow that new market. This strategic move is part of Associated's broader growth initiative, focused on strengthening its core business in the Midwest and expanding into newer markets through organic growth.

GREEN BAY, Wis., Jan. 28, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the following events in the first quarter of 2025:

Management also expects to present at the 2025 RBC Capital Markets Global Financial Institutions Conference at 2:00 p.m. ET on Wednesday, March 5, 2025. Interested parties can access a live webcast of the presentation through the Investor Relations section of the Company's website at http://investor.associatedbank.com. A replay of the presentation is expected to be accessible for 365 days after the presentation date.

GREEN BAY, Wis., Jan. 28, 2025 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, payable on March 17, 2025, to shareholders of record at the close of business on March 3, 2025.

The Board of Directors also declared a regular quarterly cash dividend of $0.3671875 per depositary share on Associated's 5.875% Series E Perpetual Preferred Stock, payable on March 17, 2025, to shareholders of record at the close of business on March 3, 2025.

GREEN BAY, Wis., Jan. 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $112 million, or $0.72 per common share for the year ended December 31, 2024. These amounts compare to earnings of $171 million, or $1.13 per common share, for the year ended December 31, 2023. For the quarter ended December 31, 2024, the Company reported a loss of $164 million, or $1.03 per common share. These amounts compare to a loss of $94 million, or $0.62 per common share for the quarter ended December 31, 2023 and earnings of $85 million, or $0.56 per common share for the quarter ended September 30, 2024.

GREEN BAY, Wis. , Dec. 31, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release fourth quarter 2024 financial results on Thursday, January 23, 2025, after market close. The Company also expects to host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) on the same day.

Interested parties can access the live webcast of the call through the Investor Relations section of the Company's website, http://investor.associatedbank.com. Parties may also dial into the call at 877-407-8037 (domestic) or 201-689-8037 (international) and request the Associated Banc-Corp fourth quarter 2024 earnings call. The financial tables and an accompanying slide presentation are expected to be available on the Company's website just prior to the call. An audio archive of the webcast is expected to be available on the Company's website approximately fifteen minutes after the call is over.

GREEN BAY, Wis., Dec. 19, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today announced the addition of four experienced relationship managers to the company's growing commercial banking team. The hiring of Stacy Quick, Kevin Kopaska, Mike Hauswirth and Scott Rothenbush is a continuation of Associated's multi-year strategic growth plan designed to bolster talent in key focus markets, expand commercial capabilities, and deepen relationships with new and existing clients.

GREEN BAY, Wis., Dec. 18, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A., announced today it has decreased the bank's prime rate from 7.75% percent to 7.50% percent, effective December 19, 2024.   

ABOUT ASSOCIATED BANC-CORP   Associated Banc-Corp (NYSE: ASB) has total assets of $42 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

MILWAUKEE, Dec. 12, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Steven Zandpour to its Executive Leadership Team (ELT), effective January 1, 2025.

Zandpour, 48 will be executive vice president, deputy head of Consumer and Business Banking, Associated Bank, reporting directly to David Stein, executive vice president, head of Consumer and Business Banking and Madison Market president.

Sorenson will transition into the role of executive vice president, managing director and CEO, Associated Trust Company on February 1, 2025

GREEN BAY, Wisc., Dec. 11, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Heath Sorenson, MBA, CFP®, CFIRS™, CTOP, to executive vice president, managing director, Associated Trust Company. Effective February 1, 2025, Sorenson will become executive vice president, managing director and chief executive officer, Associated Trust Company and John Thayer, current chief executive officer and executive vice president of Associated Trust Company, will transition into the role of executive vice president and senior leadership advisor, Associated Trust Company.

GREEN BAY, Wis., Dec. 11, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced the appointment of Kristen M. Ludgate and Owen J. Sullivan to its Board of Directors effective today.

Ludgate, 62, is the Chief People Officer at HP Inc., a global provider of personal computing and other digital devices, imaging and printing products, and related technologies, solutions and services. Ms. Ludgate previously served as Chief Human Resources Officer for 3M Company from 2018 to 2021 and held multiple 3M legal and executive roles over more than 15 years with the company. She is a member of the HP Foundation Board and previously chaired the 3M Foundation Board. Ludgate earned her bachelor's degree from Bowdoin College and her J.D. from University of Minnesota Law School. She will also serve as a member of Associated's Compensation and Benefits Committee.

GREEN BAY, Wis., Dec. 4, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced balance sheet repositioning transactions to accelerate the Company's organic growth strategy. Pursuant to the terms of the transactions, Associated sold approximately $1.3 billion of investment securities and has agreed to sell approximately $0.7 billion in mortgage loans, primarily in single-product relationships. The sale of the mortgage loans is expected to close in the first quarter of 2025.

"We are now three years into an organic growth strategy that has provided tailwinds across our company, including improved customer satisfaction, net household growth, and an infusion of talent in key areas," said President and CEO Andy Harmening. "This balance sheet repositioning supports and accelerates our organic strategy by enhancing our earnings profile, boosting capital, and providing additional capacity for loan growth. As we continue to execute on our plan going forward, we feel well-positioned to attract and deepen customer relationships, take market share in key commercial markets, and enhance the value of our franchise. We look forward to sharing updates on our progress along the way."