Associated Banc-corp · NYSE:ASB
Associated Banc-corp — Q1 2012 Earnings Presentation
11 slides from Associated Banc-corp's earnings presentation, Apr 19, 2012
Slide 1: Associated Banc-Corp 1Q 2012 Earnings Presentation
EXHIBIT 99.2 Associated Banc-Corp 1Q 2012 Earnings Presentation April 19, 20129
Slide 2: Forward-Looking Statements
Forward-Looking Important Statements regarding are “anticipate”, those based listed on management’s note made incurrent “plan”, the regarding in company’s Statements this management “estimate”, presentation plans, forward-looking most objectives, “should”, expectations recent whichForm statements: “
Slide 3: First Quarter 2012 Highlights
First –Quarterly 2 Total –Retail –Commercial Net –Net Credit Nonperforming Potential Solid income interest Quarter interest loans Quality Results and problem net dividend of residential available income margin 2012 real $14.3 income Driven assets loans estate Highlights of billion increased of todec
Slide 4: Improving Quarterly Results Reflect Positive Earnings Trends
Improving Net Return $15 8.96% $10 1Q 2012 income $269.23% $20on$30 $34 Net tier Earnings available $40 Income 0.00% 1 common $41Profile $50 5.00% Available to 3.76% 1Q common 2011 capital 310.00% 6.07% Quarterly 2Q toof shareholders Common 2011 9.23% 7.83% 15.00% Results 3Qincreased 2011 &$0ROT1C i
Slide 5: Loan Growth and Portfolio Composition
$155estate $13.5 $14.5 Loan Peak Construction real CBL1:Loans $82 Portfolio $14.0 $15.5 -$15 $27 lending (4Q $14.3 $16.5 4% $5 Growth 2008) Commercial ($12) $10.5 4Q CBL: 2010 $16.3 and ($37) Commercial $11.5 Composition 1Q billion RRM &$12.5 2011 Business CRE Loan 2Q $13.5 and2011 CL 4business Mix
Slide 6: Total Deposits and Managing the Cost of Funds
1.67% 1Q $14.0 2Q $6 $5.2b 0.63% .2 2011 b$2.3b $14.1 1.61% 0.56% $5.0b 2Q $2.7b 3Q $14.8 2011 $5.0b 1.50% 0.53%3Q 4Q $15.1 $2.6b $5.2b 1.44% 2011 $15.7 $2.6b Total 4Q 1Q 1.19% 1Q $2.5b 2011 2012 Deposits 2011 1Q1Q Managing Total 2011 2012 ($Deposits balances 2Qthe 2011 Cost of in 3Q$15.7 billions)
Slide 7: Noninterest Income Highlights
Noninterest Net Trust Card Retail Core Highlights $72 2Q $10 Lower 2011 mortgage $65 $5 fees fee-based services commissions MSR $3 $72 3Q down $18 ($Income 2011 Expense $74 in banking fees 4Q revenues 4% millions) $82 4Q 2011 up QoQ increased Highlights 1Q 2011 1Q 3% income Increased increased 2011
Slide 8: Noninterest Expense Highlights
$175 Total Legal Increased Highlights 4Q Losses than2011 loans $5 noninterest &other $4 professional 1Q personnel Business ($ $1 2012 in$8millions) expense $2 Total development expense $2 fees Noninterest $173 ($ down increased in driven Noninterest millions) 1%& by QoQ advertising Expense resetting
Slide 9: Credit Quality: Provision, Charge-offs and Nonaccruals
2Q327 3Q 4Q 1Q Provision Net Potential Nonaccruals $ ALLL/Total NCOs 2.29% 2.54% 2.99% 3.57% 3.86% Nonaccruals/Loans 1.65% 1.82% 2.03% 2.33% NPA/Assets 108.93% 105.99% 99.09% 91.09% 93.07% ALLL/Nonaccruals 2.50% 2.70% 2.96% 3.25% 3.59% 0.61% 0.64% 0.90% 1.37% 1.71% 312012 01416 53 45 30 23 22 912 69
Slide 10: Strong Capital Profile and Capital Priorities
Strong Funding –Re-mixing Paying –Increased M&A –Disciplined; Buy-backs 9 12.24% 19.56% opportunities Capital a12.49% organic competitive 17.50% of quarterly securities common in-market Profile 1Q growth 15.81% 2011 dividend dividend run-off stock consolidation 2Q 15.53% & 2011 into toredemption $.0
Slide 11: Full-Year 2012 Outlook
Full-Year Positioned Loan Approximately Deposit Continued Sustained Relatively NIM Fee Modest Low Expenses Net Footprint Continuing Credit Very Disciplined, Capital Income consolidation single-digit modest Growth improvement Growth 2012 focus stable run-off for improvement value-added provision Grow