Associated Banc-Corp’s Q3 Net Income Rises 18% to $143.7 Million

Associated Banc-Corp’s net income available to common equity climbed 18% year over year to $143.7 million in the third quarter as net interest income rose 24%.

GAAP diluted earnings per share were $0.76, compared with $0.73 in the third quarter of 2025. Net income available to common equity was $143.711 million, up from $121.857 million.

Net interest income totaled $377.3 million. Noninterest income of $87.1 million brought the two categories to $464.4 million, while net interest margin reached 3.20%, up 16 basis points from a year earlier.

Average loans and deposits each increased 18% year over year, to $36.2 billion and $41 billion, respectively. The Green Bay, Wisconsin-based company reported total assets of $51 billion.

Noninterest expense included $13.3 million in pretax costs associated with the acquisition of American National Corporation, which closed April 1, 2026. Excluding nonrecurring items, adjusted diluted EPS was $0.81 and adjusted net income available to common equity was $153.9 million.

Associated issued its results Thursday, Oct. 22, at 4:15 p.m. ET (20:15 UTC).