Analysts on Wall Street project that Associated Banc-Corp (ASB Quick QuoteASB - Free Report) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $336.52 million, increasing 3.4% from the same quarter last year.

Over the last 30 days, there has been a downward revision of 1.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

That said, let's delve into the average estimates of some Associated Banc-Corp metrics that Wall Street analysts commonly model and monitor.

Analysts' assessment points toward 'Average Balance - Total earning assets' reaching 38,615.42 million. The estimate compares to the year-ago value of 38.08 billion.

According to the collective judgment of analysts, 'Total nonperforming assets' should come in at $167.97 million. The estimate is in contrast to the year-ago figure of $177.67 million.

Based on the collective assessment of analysts, 'Fully tax-equivalent efficiency ratio' should arrive at 60.0%. The estimate compares to the year-ago value of 58.5%.

Analysts forecast 'Net Interest Income (FTE)' to reach $270.49 million. Compared to the current estimate, the company reported $259.05 million in the same quarter of the previous year.

The consensus estimate for 'Capital markets, net' stands at $5.03 million. The estimate is in contrast to the year-ago figure of $5.37 million.

Analysts expect 'Mortgage banking, net' to come in at $3.08 million. The estimate is in contrast to the year-ago figure of $6.50 million.

The average prediction of analysts places 'Card-based fees' at $12.05 million. The estimate compares to the year-ago value of $11.51 million.

The combined assessment of analysts suggests that 'Service charges and deposit accounts fees' will likely reach $12.01 million. Compared to the present estimate, the company reported $12.86 million in the same quarter last year.

Analysts predict that the 'Wealth management fees' will reach $22.80 million. The estimate is in contrast to the year-ago figure of $20.83 million.

The collective assessment of analysts points to an estimated 'Total Noninterest Income' of $66.37 million. Compared to the current estimate, the company reported $66.58 million in the same quarter of the previous year.

It is projected by analysts that the 'Other fee-based revenue' will reach $5.02 million. The estimate is in contrast to the year-ago figure of $4.51 million.

View all Key Company Metrics for Associated Banc-Corp here>>>

Shares of Associated Banc-Corp have demonstrated returns of +4.8% over the past month compared to the Zacks S&P 500 composite's +2.7% change. With a Zacks Rank #3 (Hold), ASB is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>