Associated Banc-corp · NYSE:ASB
Associated Banc-corp — Investor Presentation (February 2012)
22 slides from Associated Banc-corp's investor presentation, Feb 27, 2012
Slide 1: Associated Banc-Corp Investor Presentation, February 2012
Exhibit 99.1 Associated February 2012 Banc-Corp Investor Presentation
Slide 2: Important Note on Forward-Looking Statements
Forward-Looking Important Statements management’s management “will”, 1subsequent “intend”, note made Form expectations plans, regarding “outlook”, in 10-Q. Statements this objectives, presentation forward-looking and, or similar byortheir goals which expressions. nature, for statements: are future a
Slide 3: Leading Midwest Banking Franchise
Leading Top –Largest State (as Wisconsin Illinois Minnesota Green Wausau Minneapolis WI MN Appleton St. IL Peoria Chicago Rockford Milwaukee Madison >$1bn >$500m 231>$250m More #1 Based FDIC Louis of50 mortgage SBA Deposits 12/31/2011) Bay deposits3 U.S. $than bank market on Midwest deposits3 3.6 La
Slide 4: Why Associated: Attractive Opportunities
Why –Attractive Proven Organic 3•Opportunities Aggressively Upper Exited Satisfactorily Grew Executing Re-mixing Continuing Capitalizing Strong Capital Increased Employment Associated Track loans Midwest TARP Growth balance levels Midwest quarterly on securities growth improvements in Record on for
Slide 5: Attractive Midwest Markets
Attractive Wisconsin •Green Minnesota better Illinois •Chicago •U.S 1Source: Ratings; 4Chicago Population: GSP1: Unemployment2: (National) than Bay •Chicago $248 $270 $652 Midwest 5Source: Gross MSA Midwest •Wisconsin •Minnesota 5% MSA 5.7 5.3 12.8 billion sales •Our accounts State million Fed’s une
Slide 6: Proven Track Record of Executing
Proven Recap •Completed TARP •OCC •Fed •Grew Loan –Total •Defended Net –NIM •Credit –Nonaccruals Credit •FY Earnings –EPS 5fromInterest 2011 MOU 4Q10 Growth improved Memorandum /increased of loans Track quality MOUs •Increased Success; earnings the to expected Margin the grew and Record 4Q11 down ma
Slide 7: Total Loans and Portfolio Mix
Total $16.5 +4% $15.5 $12.6 $13.1 $13.5 $14.0 $14.5 $10.5 $11.5 $12.5 +11% 4Q 73% 24% 6% Commercial 14% General Loan Consumer Home Res 4% Construction 18% 21% 6& 35% Lending Business 2010 2011 CRE Mtg 17% Commercial QoQ Loans Portfolio Mix Peak $12.7 YOY Equity commercial Net 1Q Investor –Loans YE o
Slide 8: Growing Commercial Lending
Growing Commercial ($ 4Q $3.5 $4.0 $4.1 $4.2 $4.3 $4.5 $4.9 $5.0 +17% •Q4 Highlights Management CB&L Transportation 3% Warehousing Health Professional, Assistance Social Scientific, Services Technical 5% Wholesale Trade Finance 10% 11% Insurance 7and 13% Leasing in2010 Utilities 7% Rental loan Real
Slide 9: Growing Commercial Real Estate Lending
Growing Commercial ($ + $4.5 $5.0 $3.0 $3.1 $3.5 $4.0 $2.5 $2.3 4Q $0.0 $0.5 $1.0 $1.5 $2.0 Investor •Growing Highlights CRE Hotel/Motel Single 4% 7% Other Industrial Use 17% Retail 88% 19% Construction 22% 9% in2010 1% Office/Mixed $2.9 $2.6 $2.4 Multi-family billions) Loans YoYcommercial 1Q Commer
Slide 10: Growing Private Client & Institutional Services
Growing (Formerly •Focusing Highlights •Increasing •Hired •Addition •Product •Over Cross-Line Trust Brokerage Management Asset Solutions Deposit 9Custodial &60,000 $5.6 new Insurance & Private Lending of on Wealth billion Partnerships service the head new core participants number Client of talent Ma
Slide 11: Expanding Consumer Banking
Expanding Consumer $4,500 $4,532 $5,000 $4,071 $3,427 $4,000 1Q $2,000 $2,500 $3,000 $3,500 2010 Residential ($ $3.0 4Q $2.0 $2.3 $2.5 $2.7 $2.8 •Strengthening –Highlights Packers 10Strengthening Expanding in2010 2Q $3.0 billions) 2010 3Q $4,320 $3,999 $3,488 Banking 1Q DDA 4Q 2010 Retail Mortgage 2
Slide 12: Differentiating Branch Footprint
Footprint Differentiating •Installation Highlights consistent throughout footprint •Completed complete remodel, or includes consolidation •Planned branches •Announced additional sales these well retail Relocated one 11 new of outside in footprint locations our construction Jan. new is relocation, in
Slide 13: Managing Cost of Deposits
Managing Cost $6.0b 0.27% 0.30% 0.33% 0.37% 0.47% Net 3.32% 4Q 3.13% Total + $14.0 $14.8 $15.1 1Q 12$1.1 7%2010 2011 Interest of Deposits $5.1b $14.1 billion 3.29% Money 2Q 1Q the Margin $5.0b 2011 3.23% Cost of ($ Market $15 in 3Q 2Q $5.1b of billions) 3.21% 2011 billion Funds Deposits $5.3b 4Q 3Qa
Slide 14: Significant Improvements in Credit Quality Indicators
Significant ($ 4Q Potential Nonaccruals Provision Net ALLL/Total ALLL/Nonaccruals NPA/Assets Nonaccruals/Loans NCOs 13 in2010 charge millions) / Avg 1Q problem for offs Improvements 2.84% Loans loans 2011 $loan 574.4 $ 108.2 loans 2Q losses 3.78% 3.41% 2.50% 4.55% 83.02% $2011 488.3 $$$3.59% 53.4 96
Slide 15: Improving Quarterly Earnings Profile
Improving Quarterly •Net •Full-year Net ($ $10 $15 $20 $26 $30 $34 $40 $50 4Q $0 14 in2010 Income $7 income millions) 1Q Results 2011 Earnings Available 2011 available EPS Reflect 2QProfile of2011 to to$0.66 Common common Positive 3Qper 2011 share Trends shareholders 4Q 2011 improved 17%, or $6 mill
Slide 16: Maintaining Strong Capital Profile
Maintaining Strong •Sufficient •Opportunity ASBC Stockholders’ Tangible Tier Total 15 1risk-based leverage common risk-based Capital common equity capital ato equity/ Strong Ratios Provides ratio equity /optimize capital capital tangible to equity 11.19% fund Capital assets 4Q / ratio risk-weighted
Slide 17: 2012 Outlook
2012 Positioned Loan •Continued CDs Deposit •Sustained management growth credit NIM •Very •Continuing •Modest Fee considerable to 16 $0.05; Income &•Relatively Outlook Growth modest trends disciplined inGrowth improvement payable commercial for focus run-off Capital improvement to headwinds solution
Slide 18: Countering Industry Headwinds, Creating Long-Term Shareholder Value
Countering Industry Changing Headwinds Shifts Sustained Increased Regulators Enhanced Capital Total Dividends How Continued Addressing Disciplined Controlled Continuing Working Building Our Customer Focusing Loan 17 Franchise we payout growth inrestrictions Headwinds are customer with Value on compe
Slide 19: Associated Banc-Corp commitment to our colleagues and communities
Associated Banc-Corp commitment to our colleagues will be the andmost the communities admired Midwestern we serve,financial resultingservices in exceptional company, value distinguished for our shareholders. by sound, value-added financial solutions with personal service for our customers, built upo
Slide 20: Appendix
Appendix 4X Associated
Slide 21: High Quality Investment Portfolio Profile
High Investment Type Agencies Other Risk Mkt Type% 0% (000’s) 20% 50% 100% Not to Market ABS Corporates 4% Portfolio 33% MBS 44% CMOs 17% Municipals 1% Credit Govt AAA AA A BAA1, BA1 TOTAL Non-rated 20 81,984 RW All RWA 786,118 subject Value Weighted RWA & 188,439 1% Bk Quality & 203,571 1,519,077 R
Slide 22: Loan Portfolios by State
Loan (as 20% Commercial 21% Missouri 3% 7% Residential 23% 50% 8% 28% Home Minnesota Other 21 71% Wisconsin 16% Illinois 10% of 1% Other Wisconsin 43% 56% Portfolios December Wisconsin Equity Wisconsin 1% Florida 3% Mortgage &Loans Real Business by 31, Colorado Estate Geography by 2011) Loans State
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