--- title: "Associated Banc -Corp | 8-K: FY2026 Q2 Revenue: USD 703.69 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293662289.md" datetime: "2026-07-23T20:20:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293662289.md) - [en](https://longbridge.com/en/news/293662289.md) - [zh-HK](https://longbridge.com/zh-HK/news/293662289.md) --- # Associated Banc -Corp | 8-K: FY2026 Q2 Revenue: USD 703.69 M Revenue: As of FY2026 Q2, the actual value is USD 703.69 M. EPS: As of FY2026 Q2, the actual value is USD 0.63, beating the estimate of USD 0.6029. EBIT: As of FY2026 Q2, the actual value is USD 159.17 M. #### Loans Associated Banc-Corp reported total period-end loans of $36.5 billion in Q2 2026, which is a 15% increase from Q1 2026 and a 19% increase year-over-year compared to Q2 2025. Excluding the impact of the American National Corporation (ANC) acquisition, total loans grew by 3% quarter-over-quarter and 7% year-over-year. Period-end Commercial & Industrial (C&I) loans reached $13.8 billion, marking an 11% increase from Q1 2026 and a 22% increase from Q2 2025. Excluding ANC, C&I loans increased by 5% quarter-over-quarter and 15% year-over-year. #### Deposits Total period-end deposits were $39.9 billion, representing a 12% increase from Q1 2026 and a 17% increase from Q2 2025. Excluding ANC, total deposits decreased by -1% quarter-over-quarter but increased by 4% year-over-year. Period-end core customer deposits stood at $34.2 billion, up 12% from Q1 2026 and 21% from Q2 2025. Excluding ANC, core customer deposits decreased by -1% quarter-over-quarter but increased by 6% year-over-year. The Q2 2026 deposit balances included an additional $4.4 billion from ANC-related balances. #### Net Interest Income and Margin Net interest income for Q2 2026 was $370 million, with a net interest margin of 3.17%. Net interest income increased by $63 million from the prior quarter, and net interest margin improved by 14 basis points. The yield on total earning assets increased by 12 basis points in Q2, while interest-bearing liability costs decreased by 1 basis point. #### Noninterest Income and Expense Noninterest income for Q2 2026 was $80 million, a 6% increase from the prior quarter and a 20% increase from the same period last year. Noninterest expense was $272 million, which included $24.5 million of nonrecurring costs related to the acquisition of American National Corporation. #### Credit Quality The provision for credit losses was $19 million. The Allowance for Credit Losses on Loans (ACLL) to total loans ratio was 1.36%. Net Charge-Offs (NCOs) to average loans (annualized) were 0.26%. ACLL increased to $494 million following the ANC acquisition, and ACLL/total loans increased by 2 basis points. Total delinquent loans decreased, and NCOs were $23 million, including $7 million of ANC-related NCOs. #### Capital Profile The CET1 Ratio was 10.47%, and the Total Capital Ratio was 12.79%. The Common Equity to Total Assets ratio was 10.51%. Associated Banc-Corp continues to target a CET1 range of 10% to 10.75% in 2026. #### American National Corporation (ANC) Integration Update The transaction closed on April 1, 2026, with system, branch, and account conversions anticipated in October 2026. Nonrecurring merger expenses are now forecasted at $52.5 million for Associated Banc-Corp, an increase from the initial estimate of $47 million. The loan fair value marks resulted in a markdown of -$16.7 million, compared to an initial markup of $7.5 million. Cost savings are now estimated at 30% of ANC’s noninterest expense base, up from 25%. The updated TBVPS dilution is 1.9%, compared to an initial estimate of ~1.2%, with a TBVPS earnback period remaining at ~2.25 years. #### Outlook / Guidance Associated Banc-Corp updated its full-year 2026 outlook, projecting total loans to increase by 18% to 20% and net interest income to increase by 19% to 21%. Guidance for total C&I loans, total deposits, and core customer deposits remains unchanged, with projected increases of 20% to 22%, 17% to 19%, and 19% to 21%, respectively. Noninterest income is expected to increase by 8% to 10%, and noninterest expense is projected to increase by 20% to 21%, including nonrecurring acquisition costs. ### Related Stocks - [ASB.US](https://longbridge.com/en/quote/ASB.US.md) ## Related News & Research - [Associated Banc-Corp $ASB Shares Purchased by First Trust Advisors LP](https://longbridge.com/en/news/293720432.md) - [Associated Banc-Corp Q2 adjusted EPS beats estimates on loan and deposit growth](https://longbridge.com/en/news/293663887.md) - [Key facts: Hubbell (HUBB) raises 2026 sales to 16%–18%; files 8‑K](https://longbridge.com/en/news/294167258.md) - [Amerant Bancorp amends 8-K to name Yecimar Tirado Camacho as chief risk officer](https://longbridge.com/en/news/294108607.md) - [SRX Global amends 8-K to correct CFO Carolina Martinez misidentified as CEO](https://longbridge.com/en/news/294232884.md)