Business Context and Reporting Period
Company: Associated Banc-Corp (NASDAQ: ASBC)
Filing Type: Form 8-K (Current Report)
Date of Report: October 22, 2003
Business Overview: A diversified multibank holding company headquartered in Green Bay, Wisconsin, with total assets of $15.1 billion. The company operates more than 200 banking offices serving over 150 communities in Wisconsin, Illinois, and Minnesota.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the reporting period. The only financial metric disclosed is the dividend declaration.
- Total Assets: $15.1 billion
- Dividend Declared: $0.34 per share
- Dividend History: 135th consecutive cash dividend
Material Changes
The primary material change reported is the declaration of a regular cash dividend representing a 9.7 percent increase over the year-earlier period.
Guidance, Outlook, and Management Commentary
Dividend Details: The Board of Directors declared a $0.34 cash dividend payable on November 17, 2003, to shareholders of record as of November 3, 2003.
Stock Buy-back: The filing references a news release regarding a stock buy-back program, but specific details regarding the buy-back are not included in the provided text.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing.
Investor Verification Checklist
- Verify the exact terms and authorization limits of the referenced stock buy-back program mentioned in Exhibit 99.
- Confirm the record date (November 3, 2003) and payment date (November 17, 2003) for the $0.34 dividend.
- Review the full news release (Exhibit 99) for additional context on the 9.7 percent dividend increase and capital allocation strategy.