Associated Banc-corp · NYSE:ASB
Associated Banc-corp — Q2 2012 Earnings Presentation
8 slides from Associated Banc-corp's earnings presentation, Jul 19, 2012
Slide 1: Associated Banc-Corp 2Q 2012 Earnings Presentation
Exhibit 99.2 Associated Banc-Corp 2Q 2012 Earnings Presentation July 19, 2012
Slide 2: Forward-Looking Statements
Forward-Looking Statements Important note regarding forward-looking statements: Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management’s
Slide 3: Second Quarter 2012 Highlights
Second Quarter 2012 Highlights Improving Results & Trends • Net income available to common shareholders of $42 million or $0.24 per share Net Income & – Quarterly net income to common shareholders is at the highest level since early 2008 ROT1CE • Return on Tier 1 common equity of 9.26%, compared to
Slide 4: Loan Portfolio Growth and Composition
Loan Portfolio Growth and Composition Total Loans of $14.7 billion at June 30, 2012 Total Loans ($ in billions) 2Q 2012 Net Loan Growth of $445 million ($ balances in millions) $16.5 Peak Loans (4Q 2008) $16.3 billion CBL: ++$401 + 3% QoQ $193 $15.5 $139 $122 $14.7 $79 $61 $14.5 $14.3 RRM $14.0 CRE
Slide 5: Managing the Cost of Funds & Margin
Managing the Cost of Funds & Margin Yield on Interest-earning Assets Average Deposits ($ balances in billions) 4.00% $15.0 $15.1 3.88% 3.81% 3.85% $14.9 3.80% $14.4 $14.1 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 Cost of Interest-bearing Liabilities Net Interest
Slide 6: Continued Improvement in Credit Quality Indicators
Continued Improvement in Credit Quality Indicators ($ in millions) 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 Provision for loan losses $ 16 $ 4 $ 1 $ 0 $ 0 Net charge offs $ 45 $ 30 $ 23 $ 22 $ 24 Potential problem loans $ 699 $ 660 $ 566 $ 480 $ 410 Nonaccruals $ 468 $ 403 $ 357 $ 327 $ 318 ALLL/Tota
Slide 7: Strong Capital Profile & Improving Earnings
Strong Capital Profile & Improving Earnings Tier 1 Common Equity Ratio Net Income Available to Common & ROT1CE 12.61% Net Income Return on Tier 1 12.44% 12.24% 12.49% 12.04% ($ in millions) Common Equity $50 12.50% $41 $42 $40 $40 10.00% $34 9.26% 9.23% 8.96% $30 7.50% $26 7.83% 2Q 2011 3Q 2011 4Q 2
Slide 8: Outlook
Outlook Positioned for Growth; Creating Long-Term Shareholder Value • Low single-digit quarterly growth; • Approximately 3% quarterly including the cost of continuing Loan Growth growth Expenses BSA enhancements & footprint updates • Continued disciplined pricing • Continue to invest in our branches