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GREEN BAY, Wis. (AP) — GREEN BAY, Wis. (AP) — Associated Banc-Corp (ASB) on Thursday reported first-quarter earnings of $101.7 million.
The Green Bay, Wisconsin-based bank said it had earnings of 59 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The bank holding company posted revenue of $584.7 million in the period. Its revenue net of interest expense was $349 million, missing Street forecasts. Three analysts surveyed by Zacks expected $350.7 million.
Associated Banc-Corp shares have declined nearly 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.02, an increase of 3% 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