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Article: Associated Banc-Corp third quarter and nine month earnings climb.
- Article from:
- Business Wire
- Article date:
- October 19, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GREEN BAY, Wis.--(BUSINESS WIRE)--Oct. 19, 1995--Associated Banc-Corp (NASDAQ/ASBC) today reported net income for the 1995 third quarter of $12.2 million, or 74 cents per share.
Net income is up 14.8 percent compared to $10.6 million, or 64 cents per share, for the same period in 1994.
Net income for the first nine months ended Sept. 30, 1995 rose 11.0 percent to $34.1 million, or $2.07 per share, compared to $30.7 million, or $1.87 per share, a year ago.
According to H.B. Conlon, chairman and chief executive officer of Associated Banc-Corp, "The recent reduction in the Federal Deposit Insurance Corporation insurance premium was one of the factors ...