Associated Banc Q4 EPS $(0.62) Down From $0.70 YoY
Portfolio Pulse from Benzinga Newsdesk
Associated Banc (NYSE:ASB) reported a significant decrease in earnings for Q4, with a loss of $(0.62) per share compared to a profit of $0.70 per share in the same quarter of the previous year, marking a 188.57% decline.
January 25, 2024 | 8:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Associated Banc reported a substantial year-over-year decline in Q4 earnings, posting a loss of $(0.62) per share compared to the previous year's $0.70 per share profit.
The reported loss represents a significant negative deviation from the previous year's earnings, which is likely to be viewed unfavorably by investors and could lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100