Associated Banc-Corp (ASBC) Thursday reported first-quarter profit of $47.39 million, up from $42.63 million in the same period last year.
Net income available to common shareholders improved to $46.09 million or $0.27 per share from $41.33 million or $0.24 per share 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 increased to $157.65 million from $154.67 million last year. Non-interest income totaled $82.0 million, up from $78.45 million last year. Provision for loan losses for the quarter was $4 million.
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