Associated Banc-Corp shares rise after Q1 profit beats estimates

Shares of Associated Banc-Corp ASB.N rise 9% to $23.98 after the bell

Co reports Q1 profit of $98.8 mln or 59 cents per share, up 26.2% from the year-ago period

Analysts, on average, had expected EPS of 58 cents per share

Net interest income rises 10.9% to $285.9 mln

Co's provision for credit losses falls 45.8% to $13 mln

ASB shares are down ~8% this year, they gained 11.7% in 2024