Associated Banc-Corp Q2 Profit Meets Estimate

(RTTNews) - Associated Banc-Corp (ASBC) Thursday reported second-quarter net income available to common equity of $45.1 million, down from $46.6 million in the comparable quarter last year. Earnings per share for the latest second quarter were $0.28, same as last year.

On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.28 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income rose to $168.70 million from $160.18 million last year, while total non-interest income was $72.25 million, down from $84.31 million in the prior year period. Analysts expected revenue of $245.21 million for the quarter.