Fitch: Associated Banc-Corp positive

Fitch Ratings said it revised the outlook for Associated Banc-Corp and its principal banking subsidiary Associated Bank, NA to positive from stable.

At the same time, Fitch affirmed Associated Banc-Corp's long-term and short-term issuer default ratings at BBB-/F3, respectively.

Fitch said the rating action is reflective of the continued maintenance of strong capital and liquidity profiles in addition to further improvements in Associated Banc-Corp's asset quality metrics.

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