Associated Banc-Corp (Associated Banc-Corp) Credit Losses Provision : $89.05 Mil (As of Mar. 2024)

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What is Associated Banc-Corp Credit Losses Provision?

Associated Banc-Corp's credit losses provision for the three months ended in Mar. 2024 was $24.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $89.05 Mil.

Associated Banc-Corp's quarterly credit losses provision declined from Sep. 2023 ($21.94 Mil) to Dec. 2023 ($21.01 Mil) but then increased from Dec. 2023 ($21.01 Mil) to Mar. 2024 ($24.00 Mil).

Associated Banc-Corp's annual credit losses provision increased from Dec. 2021 ($-88.01 Mil) to Dec. 2022 ($33.00 Mil) and increased from Dec. 2022 ($33.00 Mil) to Dec. 2023 ($83.02 Mil).

Associated Banc-Corp Credit Losses Provision Historical Data

The historical data trend for Associated Banc-Corp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Associated Banc-Corp Credit Losses Provision Chart

Associated Banc-Corp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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16.00

174.01

-88.01

33.00

83.02

Associated Banc-Corp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															17.97	22.10	21.94	21.01	24.00

Associated Banc-Corp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $89.05 Mil.

Associated Banc-Corp (Associated Banc-Corp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Associated Banc-Corp (NYSE:ASBpE.PFD) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

ASBpF.PFD:USA ASB:USA

Address

433 Main Street, Green Bay, WI, USA, 54301

Website

https://www.associatedbank.com

Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.