Associated Banc-Corp Announces Increase in Common Stock Dividend

GREEN BAY, Wis., Oct. 25, 2016 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) today declared a regular quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on December 1, 2016, with a payable date of December 15, 2016. This is an increase of $0.01 from the previous quarterly cash dividend of $0.11 per common share.

The Board of Directors also declared a regular quarterly cash dividend of $0.3828125 per depositary share on Associated Banc-Corp's 6.125% Series C Perpetual Preferred Stock to shareholders of record at the close of business on December 1, 2016, with the dividend payable date of December 15, 2016.

The Board of Directors also declared a regular quarterly cash dividend of $0.3359375 per depositary share on Associated Banc-Corp's 5.375% Series D Perpetual Preferred Stock to shareholders of record at the close of business on December 1, 2016, with the dividend payable date of December 15, 2016.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $29 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio, and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

FORWARD LOOKING STATEMENTS

Statements made in this document 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 plans, objectives, or goals for future operations, products or services, and forecasts of its revenues, earnings or other measures of performance.  Such forward-looking statements may be identified by the use of words such as "believe," "expect," "anticipate," "plan," "estimate," "should," "will," "intend," "outlook," or similar expressions.  Forward-looking statements are based on current management expectations and, by their nature, are subject to risks and uncertainties.  Actual results may differ materially from those contained in the forward-looking statements.  Factors which may cause actual results to differ materially from those contained in such forward-looking statements include those identified in the company's most recent Form 10-K and subsequent SEC filings.  Such factors are incorporated herein by reference.

Investor Contact:
Teresa Gutierrez, Senior Vice President, Director of Investor Relations   
920-491-7059

Media Contact:
Jennifer Kaminski, Vice President, Public Relations Manager
920-491-7576

 

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SOURCE Associated Banc-Corp

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