Associated Banc-Corp (FRA:AB5)
€ 18.5 -0.2 (-1.07%) Market Cap: 2.81 Bil Enterprise Value: 4.41 Bil PE Ratio: 20.41 PB Ratio: 0.76 GF Score: 67/100

Associated Banc-Corp at Barclays Global Financial Services Conference Transcript

Sep 09, 2019 / 07:30PM GMT
Release Date Price: €17.37
Unidentified Analyst

Next up, we are excited to welcome Associated Banc back to our conference. Associated, the largest bank headquartered in Wisconsin, recently increased scale in its home state with the purchase of 32 branches from Huntington and expanded into the St. Louis MSA with the acquisition of First Staunton. Here to tell us more are CEO and President, Phil Flynn; and CFO, Chris Niles.

Philip B. Flynn
Associated Banc-Corp - President, CEO & Director

Thanks, Brian. Good afternoon, everybody. Appreciate you being here. So for those of you who aren't real familiar with the franchise, we're about a $33 billion bank, about a $22 billion loan book, $25 billion of deposits. As he said, largest headquartered bank in Wisconsin by far. We have about 4,700 employees, about 1.3 million customer accounts. We operate branches in 3 states, Minnesota, Wisconsin and Illinois, but we have loan production offices in another 5.

We have long been the largest mortgage lender in the State of Wisconsin, and we have a relatively outsized insurance brokerage business.

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