PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services  | Awards

Associated Banc-Corp Named to Forbes Magazine's 2013 List of "America's 100 Most Trustworthy Companies"

Associated Recognized for Transparent, Conservative Accounting Practices, Strong Corporate Governance and Consistent, High-Quality Management

Share with Twitter Share with LinkedIn

GREEN BAY, Wis., April 15, 2013 /PRNewswire/ -- Associated Banc-Corp (NASDAQ: ASBC) has been named to Forbes Magazine's 2013 list of "America's 100 Most Trustworthy Companies." The designation recognizes Associated's dedication to accounting transparency, quality governance, well-managed operations and open, honest communications with various stakeholders.

Forbes, in partnership with financial analytics firm, GMIRATINGS (GMI), assigned quarterly accounting and governance risk scores to more than 8,000 public companies. The 100 companies consisted of large-, mid- and small-cap organizations with low incidences of high-risk events and appropriate board supervision.

"Transparency and trust are at the core of Associated's operating philosophy, and fostering these principles allows us to continue delivering the value our shareholders, customers, communities, employees and partners expect and deserve," said Christopher Del Moral-Niles, Chief Financial Officer of Associated Banc-Corp. "On behalf of our nearly 5,000 employees, I thank Forbes and GMI for this recognition."

Bryan McKeag, Associated's Corporate Controller, said, "We are dedicated to being an organization which values integrity -- and it's satisfying to be recognized for remaining steadfast to our values. Our commitment to being a well-run and well-managed financial services company is the foundation for our continued success."

Associated was the largest of 16 banks named to the 2013 list of "America's 100 Most Trustworthy Companies," and the 24th largest company on the list overall. To qualify for the list, companies had to meet specific criteria, including:

  • Being an active publicly traded company with a market cap of at least $250 million as of March 2013
  • Accounting and governance risk ratings of conservative or average, no amended filings with the SEC, no SEC enforcement actions and no materials restatements during the last four quarters
  • Ranking high in GMI's Equity Risk Ranking, which indicates a positive forecast for equity returns
  • Maintaining a minimal likelihood of financial distress as measured by GMI's Bankruptcy Risk model

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NASDAQ: ASBC) has total assets of $23 billion and is one of the top 50, publicly traded, U.S. bank holding companies. Headquartered in Green Bay, Wis., Associated is a leading Midwest banking franchise, offering a full range of financial products and services through approximately 240 banking locations serving more than 150 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

Contact: Autumn M. Latimore
Senior Vice President
Public Relations Director
414-278-1860 phone
262-880-4195 cell
Autumn.Latimore@AssociatedBank.com

SOURCE Associated Banc-Corp



RELATED LINKS
https://www.associatedbank.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release