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Article: Associated Banc-Corp reports higher earnings for 1995.
- Article from:
- Business Wire
- Article date:
- January 18, 1996
CopyrightCOPYRIGHT 1996 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)--Jan. 18, 1996--Associated Banc-Corp (NASDAQ:ASBC) today reported net income for the year ended Dec. 31, 1995 of $46.7 million, or $2.83 per share.
Net income was up 12.0 percent compared to $41.7 million, or $2.53 per share, for the year ended 1994.
Net income for the 1995-fourth quarter rose 14.6 percent to $12.5 million, or 76 cents ($0.76) per share, compared to $10.9 million, or 66 cents ($0.66) per share for the same period in 1994.
"Associated experienced a strong earnings increase for the eighth consecutive year. Earnings in 1995 benefited from strong loan demand, tight control in noninterest expense, continued ...