Associated Banc-Corp Q2 Profit Rises

(RTTNews) - Associated Banc-Corp (ASBC) Thursday reported second-quarter net income of $46.6 million or $0.28 per share, up from $42.0 million or $0.24 per share last year.

On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter improved to $160.2 million from $154.3 million last year. Total non-interest income for the quarter rose to $84.3 million from $76.0 million last year. Analysts estimated revenues of $242.44 million for the quarter.