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Change At The Top Of A Green Bay-Based Bank

Change At The Top Of A Green Bay-Based Bank
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Associated Banc-Corp (ASB) Q4 2020 Earnings Call Transcript

Operator
Good afternoon, everyone, and welcome to Associated Banc-Corp s Fourth Quarter 2020 Earnings Conference Call. My name is Diego, and I will be your operator today.
[Operator Instructions] We will be conducting a question-and-answer session at the end of this conference. Copies of the slides that will be referenced during today s call are available on the Company s website at investor.associatedbank.com. As a reminder, this conference call is being recorded.
As outlined on Slide 1, during the course of the discussions today, management may make statements that constitute projections, expectations, beliefs or similar forward-looking statements. Associated s actual results could differ materially from the results anticipated or projected in any such forward-looking statements. Additional detailed information concerning the important factors that could cause Associated s actual results to differ materially from the information discussed today is readily available o ....

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Associated Banc-Corp President & CEO Philip B. Flynn announces plans for retirement

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GREEN BAY, Wis., Jan. 21, 2021 /PRNewswire/ Associated Banc-Corp (NYSE: ASB) ( Associated ) today announced that president and chief executive officer Philip B. Flynn has informed the Company s Board of Directors of his plans to retire from the company at the end of 2021.
The Board has commenced a search for a permanent successor, under the oversight of the Succession Planning Committee of the Board and with the assistance of Diversified Search Group, which will consider internal as well as external candidates. Mr. Flynn will continue as president and CEO until a successor is in place, at which time he will step down from both roles and from the board of directors. Mr. Flynn will then be available to the new CEO in an advisory capacity and as an ambassador for the bank. ....

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Associated Banc-Corp Reports Fourth Quarter 2020 Earnings of $0.40 Per Common Share and $1.86 Per Common Share for the Full Year 2020

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GREEN BAY, Wis., Jan. 21, 2021 /PRNewswire/ Associated Banc-Corp (NYSE: ASB) ( Associated or Company ) today reported net income available to common equity ( earnings ) of $62 million, or $0.40 per common share, for the quarter ended December 31, 2020. These amounts compare to earnings of $40 million, or $0.26 per common share for the quarter ended September 30, 2020. For the year ended December 31, 2020, the Company reported earnings of $288 million, or $1.86 per common share; or $1.19 per common share excluding the gain on sale of Associated Benefits and Risk Consulting
1. These amounts compare to earnings of $312 million, or $1.91 per common share, for the year ended December 31, 2019. ....

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