Associated Banc-Corp Q1 Profit Tops View - Quick Facts

(RTTNews) - Associated Banc-Corp (ASBC) Thursday reported first-quarter net income available to common equity of $44.0 million, down from $46.1 million in the comparable quarter last year. Earnings per share for the latest first quarter were $0.27, same as last year.

On average, 17 analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income rose to $164.97 million from $157.65 million last year, while non-interest income totaled $73.52 million, down from $82.00 million in the prior year period. Analysts expected revenue of $238.48 million for the quarter.