Jan
11

Associated Banc-Corp: Balance Sheet Requires More Reserves

Charts and Coffee on January 11th, 2010 at 4:00 pm Central Time

In addition to Associated’s attempts to account for any further weakness in their loan portfolio, they also plan to bolster capital through a $400 million secondary offering.  An offering of this size will undoubtedly be highly dilutive to existing shareholders, as the current market value of the company is under $1.5 billion.  Associated will also [...]

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