Associated Banc-Corp (Nasdaq:ASBC) earned $.63 per diluted share in the second quarter of 2006, up 11 percent from $.57 per diluted share for the second quarter of 2005. For the six months that ended June 30, 2006, diluted earnings per share were $1.23, up 6 percent from $1.16 per diluted share for the comparable period in 2005.
Net income for the second quarter of 2006 was $83.5 million, up 13 percent compared to $74.0 million earned in the second quarter of 2005. For the year to date, net income was $165.3 million for 2006, up 9 percent over $151.5 million for the comparable six months of 2005. Book value per share rose to $17.20 as of June 30, 2006, up 9 percent compared to a year earlier.
For the second quarter of 2006, return on average assets (ROA) was 1.58 percent, up from 1.44 percent for the second quarter of last year.