Associated Banc-Corp (ASB) Fixed income investor presentation summary

Executive leadership and strategy

• Leadership team includes experienced executives in finance, treasury, and credit, with a focus on financial management and risk oversight.

• Strategic growth is driven by expanding commercial teams, investing in talent, and enhancing digital banking capabilities.

• Recent acquisitions, such as American National Corporation, are integrated to accelerate growth and deepen market presence.

Financial performance and growth

• Achieved record net income of $463 million in 2025, with 4.7% total loan growth and 2.6% deposit growth.

• Net interest income grew 14.7% year-over-year, with net interest margin expanding by 25 bps.

• Noninterest income and adjusted noninterest income both showed strong growth, supported by wealth and capital markets fees.

Loan and deposit trends

• Commercial & industrial loans grew 5% in 1Q 2026, driving total loan growth of 2%.

• Consumer loans remain high quality, with 87% of the portfolio in prime/super prime categories and weighted average FICO scores above 780.

• Deposit portfolio is stable and granular, with 74% of funding available within one business day and a strong liquidity position.