Associated Banc-Corp Q3 Profit Down

(RTTNews) - Associated Banc-Corp (ASBC) Thursday reported third-quarter net income available to common equity of $44.4 million or $0.27 per share, compared to $45.1 million or $0.26 per share in the comparable quarter last year.

On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter improved to $160.51 million from $155.60 million last year, while total non-interest income for the quarter declined to $70.9 million from $81.0 million last year. Analysts estimated revenues of $244.45 million for the quarter.