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Associated Banc-Corp
-11.45%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Associated Banc-Corp is a bank holding company that operates a full-service network of banking offices and other financial services, mainly in the Midwest region of the United States. The company offers an array of banking services, including personal and business banking, mortgage lending, wealth management, and insurance. Associated Banc-Corp is headquartered in Green Bay, Wisconsin and has approximately 240 banking locations in Wisconsin, Minnesota, Illinois, and the Upper Peninsula of Michigan. The company was founded in 1861 and has grown to become one of the largest banks in the Midwest, with over $34 billion in assets. Associated Banc-Corp is publicly traded on the New York Stock Exchange under the ticker symbol ASB.
What is special about the company?
There are a few things that are unique about Associated Banc-Corp:
1. Long History: Associated Banc-Corp has a history dating back to 1861, making it one of the oldest companies in the banking industry. It has survived economic downturns and emerged as a strong and stable financial institution.
2. Strong Midwestern Presence: Unlike many larger banks that have a national presence, Associated Banc-Corp is primarily focused on the Midwest region of the United States. This gives the company a deep understanding of the local economy and a strong connection to the communities it serves.
3. Focus on Relationship Banking: Associated Banc-Corp prides itself on building long-term relationships with its customers. This approach allows the company to better understand their customers' needs and provide personalized financial solutions.
4. Emphasis on Corporate Social Responsibility: The company places a high importance on corporate social responsibility, with a focus on community development, environmental sustainability, and diversity and inclusion.
5. Diverse Product Portfolio: Associated Banc-Corp offers a wide range of financial products and services, including personal and business banking, wealth management, and insurance. This allows the company to serve a diverse customer base and offer comprehensive financial solutions.
6. Innovative Technology: Associated Banc-Corp has embraced technology to enhance its customer experience and streamline its operations. This includes online and mobile banking, remote deposit capture, and digital payment options.
7. Strong Financial Performance: Despite its focus on relationship banking and community involvement, Associated Banc-Corp has a solid financial track record. It consistently ranks among the top performing banks in the Midwest region and has a strong credit rating.
1. Long History: Associated Banc-Corp has a history dating back to 1861, making it one of the oldest companies in the banking industry. It has survived economic downturns and emerged as a strong and stable financial institution.
2. Strong Midwestern Presence: Unlike many larger banks that have a national presence, Associated Banc-Corp is primarily focused on the Midwest region of the United States. This gives the company a deep understanding of the local economy and a strong connection to the communities it serves.
3. Focus on Relationship Banking: Associated Banc-Corp prides itself on building long-term relationships with its customers. This approach allows the company to better understand their customers' needs and provide personalized financial solutions.
4. Emphasis on Corporate Social Responsibility: The company places a high importance on corporate social responsibility, with a focus on community development, environmental sustainability, and diversity and inclusion.
5. Diverse Product Portfolio: Associated Banc-Corp offers a wide range of financial products and services, including personal and business banking, wealth management, and insurance. This allows the company to serve a diverse customer base and offer comprehensive financial solutions.
6. Innovative Technology: Associated Banc-Corp has embraced technology to enhance its customer experience and streamline its operations. This includes online and mobile banking, remote deposit capture, and digital payment options.
7. Strong Financial Performance: Despite its focus on relationship banking and community involvement, Associated Banc-Corp has a solid financial track record. It consistently ranks among the top performing banks in the Midwest region and has a strong credit rating.
What the company's business model?
Associated Banc-Corp is a bank holding company that operates primarily through its subsidiary, Associated Bank, N.A. The company's business model is focused on providing a range of financial products and services to individuals, businesses, and institutions through its network of branches and digital channels.
The company's primary business segments include personal banking, business and commercial banking, and commercial real estate banking. These segments offer services such as checking and savings accounts, loans, mortgages, credit cards, cash management, and wealth management.
Associated Banc-Corp also offers specialized services through its subsidiaries, including insurance, investment banking, trust and investment management, and equipment financing.
The company's business model is built on providing customized financial solutions to meet the needs of its customers. It aims to foster long-term relationships with its clients by providing personalized and high-quality services. Additionally, Associated Banc-Corp focuses on building a strong presence in the communities it serves by supporting local businesses and investing in economic development initiatives.
The company's primary business segments include personal banking, business and commercial banking, and commercial real estate banking. These segments offer services such as checking and savings accounts, loans, mortgages, credit cards, cash management, and wealth management.
Associated Banc-Corp also offers specialized services through its subsidiaries, including insurance, investment banking, trust and investment management, and equipment financing.
The company's business model is built on providing customized financial solutions to meet the needs of its customers. It aims to foster long-term relationships with its clients by providing personalized and high-quality services. Additionally, Associated Banc-Corp focuses on building a strong presence in the communities it serves by supporting local businesses and investing in economic development initiatives.
Interesting facts about the company
1. Associated Banc-Corp was founded in 1970 through the merger of three community banks in Northeast Wisconsin: The First National Bank of Neenah, The Kaukauna State Bank, and the First National Bank of Appleton.
2. The company’s headquarters is located in Green Bay, Wisconsin.
3. Associated Banc-Corp is the largest bank holding company headquartered in Wisconsin, with over 200 banking locations across the state.
4. The company operates in both traditional banking services and non-banking services, including insurance, trust, and investment management services.
5. In 1981, Associated Banc-Corp became a publicly traded company and is currently listed on the New York Stock Exchange under the ticker symbol ASB.
6. The company has a strong focus on community involvement and philanthropy. In 2020, Associated Banc-Corp donated over $2 million to various organizations and causes in the communities it serves.
7. Each year, the company holds a company-wide initiative called Project T.E.A.M. (Together Everyone Achieves More), where employees volunteer their time and skills to support local charities and organizations.
8. Associated Banc-Corp has a strong commitment to sustainability and was named a Green Power Partner by the Environmental Protection Agency in 2019 for its use of renewable energy.
9. The company has been recognized for its workplace culture and was named as one of the Best Places to Work in Illinois in 2020 by the Daily Herald Business Ledger.
10. As of 2021, Associated Banc-Corp had total assets of approximately $33 billion and employed over 4,300 people.
See Company Due Diligence:
2. The company’s headquarters is located in Green Bay, Wisconsin.
3. Associated Banc-Corp is the largest bank holding company headquartered in Wisconsin, with over 200 banking locations across the state.
4. The company operates in both traditional banking services and non-banking services, including insurance, trust, and investment management services.
5. In 1981, Associated Banc-Corp became a publicly traded company and is currently listed on the New York Stock Exchange under the ticker symbol ASB.
6. The company has a strong focus on community involvement and philanthropy. In 2020, Associated Banc-Corp donated over $2 million to various organizations and causes in the communities it serves.
7. Each year, the company holds a company-wide initiative called Project T.E.A.M. (Together Everyone Achieves More), where employees volunteer their time and skills to support local charities and organizations.
8. Associated Banc-Corp has a strong commitment to sustainability and was named a Green Power Partner by the Environmental Protection Agency in 2019 for its use of renewable energy.
9. The company has been recognized for its workplace culture and was named as one of the Best Places to Work in Illinois in 2020 by the Daily Herald Business Ledger.
10. As of 2021, Associated Banc-Corp had total assets of approximately $33 billion and employed over 4,300 people.
See Company Due Diligence:
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