Slide 1: Associated Banc-Corp 4Q 2013 Earnings Presentation
Exhibit 99.2 ASSOCIATED BANC-CORP 4Q 2013 EARNINGS PRESENTATION JANUARY 16, 2014
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: 2013 Full Year Highlights
2013 FULL YEAR HIGHLIGHTS Solid Earnings with Balance Sheet Growth Revenue, • Total 2013 revenues of $959 million, up 2% from 2012 Net Income • Net income available to common shareholders of $184 million or $1.10 per share & ROT1CE • Return on Tier 1 Common Equity of 9.8%, compared to 9.5% for 2012
Slide 4: Loan Portfolio Composition
LOAN PORTFOLIO COMPOSITION Average 2013 YTD Loans of $15.7 billion Average Annual Loans ($ in billions) 2013 Average Net Loan Change (from 2012) ($ balances in millions) % Chg Residential Mortgage +12% Commercial Real Estate +11% General Commercial Loans +7% Commercial & Power & Utilities +151% Busi
Slide 5: Growing Net Interest Income While Margin Compresses
GROWING NET INTEREST INCOME WHILE MARGIN COMPRESSES Yield on Interest-earning Assets Net Interest Income & Net Interest Margin ($ in millions) 4
Slide 6: Noninterest Expense Drivers
NONINTEREST EXPENSE DRIVERS 1 – FTE = Average Full Time Equivalent Employees 2 – Technology Spend = Data Processing and Equipment expenses 3 – Other Non-Personnel Spend = Total Noninterest Expense less Personnel and Technology spend 4 – Legal & Professional Spend = Includes consulting and certain BS
Slide 7: Improvement in Credit Quality Indicators
IMPROVEMENT IN CREDIT QUALITY INDICATORS ($ IN MILLIONS) 6
Slide 8: Strong Capital Profile & Sustained Earnings
STRONG CAPITAL PROFILE & SUSTAINED EARNINGS Tier 1 Common Equity Ratio Net Income Available to Common & ROT1CE Net Income Available Return on Tier 1 to Common Common Equity ($ in millions) • Current capital levels are well in excess of “well-capitalized” regulatory benchmarks – Existing capital leve
Slide 9: 2014 Outlook
2014 OUTLOOK • Mid single digit average loan growth Asset Growth Deposits / Funding • High single digit average deposits and other funding Mix growth • Continued modest NIM compression Margin Noninterest • NII down slightly. Mortgage banking income decline offset by Income core fee categories growth