GREEN BAY, Wis. (AP) — GREEN BAY, Wis. (AP) — Associated Banc-Corp (ASB) on Thursday reported third-quarter earnings of $80.4 million.
The Green Bay, Wisconsin-based bank said it had earnings of 53 cents per share.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 53 cents per share.
The bank holding company posted revenue of $575.2 million in the period. Its revenue net of interest expense was $325.6 million, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $327.8 million.
Associated Banc-Corp shares have declined 29% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.40, a decline of 25% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASB at https://www.zacks.com/ap/ASB