** Shares of regional lender Associated Banc-Corp ASB.N fall 2.4% to $26.02 after the bell
** ASB announces public offering of 11.5 mln shares that are worth $306.7 mln based on stock's last close
** Co plans to use the proceeds for general corporate purposes, which may include investments in the bank and potential balance sheet repositioning
** An increasing number of regional lenders are tapping capital markets to raise equity after a Trump-fueled rally in bank stocks
** Regional lenders Dime Community Bancshares DCOM.O and Valley National Bancorp VLY.O have also recently raised equity
** ASB has 151.3 mln outstanding shares for $4.03 bln market capitalization - LSEG
** BofA Securities and J.P. Morgan are the joint book-running managers for the offering
** As of last close, ASB shares up 24.7% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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