Compared to Estimates, Associated Banc-Corp (ASB) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2025, Associated Banc-Corp (ASB) reported revenue of $348.97 million, up 6.9% over the same period last year. EPS came in at $0.59, compared to $0.52 in the year-ago quarter.The reported revenue represents a surprise of -0.50% over the Zacks Consensus Estimate of $350.71 million. With the consensus EPS estimate being $0.57, the EPS surprise was +3.51%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Associated Banc-Corp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Balance - Total earning assets: 39.28 billion compared to the 39.38 billion average estimate based on three analysts. Net Interest Margin: 3% versus 2.9% estimated by three analysts on average. Annualized year-to-date net charge offs (recoveries) to year-to-date average loans: 0.1% versus the three-analyst average estimate of 0.2%. Total nonperforming assets: $158.97 million compared to the $148.26 million average estimate based on two analysts. Adjusted efficiency ratio: 58.6% versus 58.1% estimated by two analysts on average. Net Interest Income (FTE): $290.20 million compared to the $284.65 million average estimate based on three analysts. Bank and corporate owned life insurance: $5.20 million versus $2.54 million estimated by three analysts on average. Capital markets, net: $4.35 million versus $4.85 million estimated by three analysts on average. Mortgage banking, net: $3.82 million compared to the $2.37 million average estimate based on three analysts. Card-based fees: $10.44 million compared to the $11.99 million average estimate based on three analysts. Service charges and deposit accounts fees: $12.81 million compared to the $13.18 million average estimate based on three analysts. Wealth management fees: $22.50 million versus the three-analyst average estimate of $23.64 million. View all Key Company Metrics for Associated Banc-Corp here>>>Shares of Associated Banc-Corp have returned -6.4% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Associated Banc-Corp (ASB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks