Associated Banc-Corp (NYSE:ASB) Q3 2022 Earnings Conference Call October 20, 2022 5:00 PM ET
Company Participants
Andrew Harmening - CEO
Derek Meyer - CFO
Pat Ahern - Chief Credit Officer
Conference Call Participants
Timur Braziler - Wells Fargo
Scott Siefers - Piper Sandler
Chris McGratty - KBW
Terry McEvoy - Stephens
Daniel Tamayo - Raymond James
Operator
Good afternoon, everyone, and welcome to Associated Banc-Corp's Third Quarter 2022 Earnings Conference Call. My name is Kevin, and I will be your operator today. At this time, all participants are in a listen-only mode. We will be conducting a question-and-answer session at the end of this conference. Copies of the slides will be referenced during today's call are available on the company's website at investor.associatedbanc.com. As a reminder, this conference call is being recorded.
As outlined on Slide 1, during the course of the discussion today, management may make statements that constitute, projections, expectations, beliefs or similar forward-looking statements. Associated's actual results could differ materially from the results anticipated or projected in any such forward-looking statements.
Additional detailed information concerning the important risk factors that could cause Associated's actual results to differ materially from the information discussed today is readily available on the SEC website in the Risk Factors section of Associated's most recent Form 10-K and subsequent SEC filings. These factors are incorporated herein by reference.
For a reconciliation of the non-GAAP financial measures to the GAAP financial measures mentioned in this conference call, please refer to Pages 21 and 22 of the slide presentation and to Page 10 of the press release financial tables. Following today's presentation instructions will be given for the question-and-answer session.
At this time, I would like to turn the conference over to Andy Harmening, President and CEO for opening remarks. Please go ahead, sir.
Andrew Harmening
Well, thank you, and good afternoon, everyone. Welcome to our third quarter earnings call. I'm Andy Harmening, and I'm joined here today by Derek Meyer, our Chief Financial Officer; and Pat Ahern, our Chief Credit Officer. I'd like to start things off by sharing a few highlights from the quarter and providing a quick update on our strategic initiatives. From there, Derek will walk through the update on margins, income statement trends and capital, and then Pat will round us out with an update on credit.
In the past 18 months since I've joined Associated Bank, we have been building a digital forward growth focused strategic path for the company that also plays to our foundational strengths. As we continue to execute against our plan, we've demonstrated an ability to drive positive operating leverage, improve our ROATCE and serve our customers more efficiently and effectively. We've seen promising momentum on several fronts.