Recent Developments Recent Developments Details (Notes)

12 Months Ended

Dec. 31, 2018

Restructuring and Related Activities [Abstract]

Recent Developments

Note 23 Recent Developments

On February 5, 2019, the Corporation's Board of Directors declared a regular quarterly cash dividend of $0.17 per common share, payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019. The Board of Directors also declared a regular quarterly cash dividend of $0.3828125 per depositary share on Associated Banc-Corp's 6.125% Series C Perpetual Preferred Stock, payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019. The Board of Directors also declared a regular quarterly cash dividend of $0.3359375 per depositary share on Associated's 5.375% Series D Perpetual Preferred Stock, payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019. The Board of Directors also declared a regular quarterly cash dividend of $0.3671875 per depositary share on Associated's 5.875% Series E Perpetual Preferred Stock, payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019.

On February 5, 2019, the Board of Directors also authorized the repurchase of up to $100 million of Associated’s common stock. This repurchase authorization is in addition to the previously authorized repurchases. There remains approximately $111 million

under the previous authorizations, such that there is now approximately $211 million authorized in the aggregate. Repurchases under such authorizations are subject to any necessary regulatory approvals and other limitations and may occur from time to time in open market purchases, block transactions, private transactions, accelerated share repurchases, or similar facilities.

On February 15, 2019, the Corporation announced that Associated Bank had received regulatory approval to acquire the Wisconsin branch banking operations of The Huntington National Bank, a subsidiary of Huntington Bancshares Incorporated. The transaction is subject to customary closing conditions, and is expected to close in June 2019.