Associated Banc-Corp (NYSE:ASB) Q1 2024 Earnings Conference Call October 24, 2024 5:00 PM ET
Company Participants
Andrew Harmening - President and Chief Executive Officer
Derek Meyer - Executive Vice President and Chief Financial Officer
Patrick Ahern - Executive Vice President, Chief Credit Officer and Chicago Market President
Conference Call Participants
Daniel Tamayo - Raymond James
Scott Siefers - Piper Sandler
Jared Shaw - Barclays
Jon Arfstrom - Capital Markets
Terry McEvoy - Stephens Inc.
Timur Braziler - Wells Fargo
Christopher McGratty - KBW
Operator
Good afternoon everyone, and welcome to Associated Banc-Corp's Third Quarter 2024 Earnings Conference Call. My name is Paul, 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 that will be referenced during today's call are available on the Company's website at investor.associatedbank.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 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 28 through 30 of the slide presentation and to Pages 10 and 11 of the press release financial tables. Following today's presentation, instructions will be given for the Q&A 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, good afternoon everyone and welcome to our third quarter earnings call. I'm Andy Harmening and I'm joined once again by our CFO, Derek Meyer; and our Chief Credit Officer, Pat Ahern. I'll start off by sharing some highlights from the quarter and then from there, Derek will provide a few updates on our margin, income statement and capital trends, and Pat will provide an update on credit.
At a macro level, the third quarter did bring a variety of data points indicating a slowing of the U.S. economy, but closer to home we continue to see signs of resiliency and stability in our Midwestern footprint. Unemployment in Wisconsin is at 2.9% and many other Midwestern states are also below the national average.