Associated Bank sees 29% rise in 4Q profits

Associated Banc-Corp, the holding company for Associated Bank, saw its fourth quarter profits leap 29 percent and its 2016 full year earnings rise 5.5 percent, the company said Thursday.

The Green Bay-based financial institution reported net income of $52.49 million, a 29 percent increase compared with net income of $40.59 million during the same period prior. For the full 2016 year, the bank posted a net income of $191 million, or $1.26 per share, compared to $181 million, or $1.19 per share, 2015.

“We…

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