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ASB - Associated Banc-Corp: Provision Reversals Loan Growth To Support Earnings
August, 21 2021 03:41 AM
Associated Banc-Corp
The loan portfolio’s credit performance has been better than previously expected. Deployment of excess cash will likely support the margin. Low reinvestment rates coupled with sticky funding costs will hurt the margin. ASB’s dividend yield is quite attractive for a bank holding company. However, the price upside is only modest. For further details see:
Associated Banc-Corp: Provision Reversals, Loan Growth To Support Earnings
Stock Information
Company Name:
Associated Banc-Corp
Stock Symbol:
ASB
Market:
NYSE
Website:
associatedbank.com
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