Associated Banc-Corp (NYSE:ASB) reported record net interest income of $300 million in Q2 2025, up 17% from the previous year, exceeding analyst expectations. Earnings per share (GAAP) were $0.65, beating estimates of $0.62. Despite this, GAAP revenue fell short of forecasts. Deposit outflows of 3% were noted, prompting management to adjust full-year deposit growth targets to 1%-3%. Commercial loan growth remained strong, but noninterest income growth was modest. The focus is on expanding commercial loans, improving deposit mix, and managing risk. The bank reaffirmed its outlook for 2025, with a focus on core customer deposits and capital stability.
Read more at Nasdaq, Inc.: Associated Banc-Corp Reports Q2 Record
