Associated Banc (ASB) Competitors

$22.27
+0.09 (+0.41%)
(As of 05/17/2024 ET)

ASB vs. ABCB, SFBS, UCBI, FBP, AUB, IBOC, FIBK, TCBI, FHB, and CATY

Should you be buying Associated Banc stock or one of its competitors? The main competitors of Associated Banc include Ameris Bancorp (ABCB), ServisFirst Bancshares (SFBS), United Community Banks (UCBI), First BanCorp. (FBP), Atlantic Union Bankshares (AUB), International Bancshares (IBOC), First Interstate BancSystem (FIBK), Texas Capital Bancshares (TCBI), First Hawaiian (FHB), and Cathay General Bancorp (CATY). These companies are all part of the "state commercial banks" industry.

Associated Banc vs.

Ameris Bancorp (NASDAQ:ABCB) and Associated Banc (NYSE:ASB) are both mid-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, dividends, valuation, earnings, media sentiment, institutional ownership and profitability.

Ameris Bancorp has a net margin of 18.06% compared to Ameris Bancorp's net margin of 6.86%. Associated Banc's return on equity of 8.62% beat Ameris Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Ameris Bancorp18.06% 8.62% 1.14%
Associated Banc 6.86%8.31%0.80%

In the previous week, Associated Banc had 7 more articles in the media than Ameris Bancorp. MarketBeat recorded 12 mentions for Associated Banc and 5 mentions for Ameris Bancorp. Associated Banc's average media sentiment score of 1.61 beat Ameris Bancorp's score of 0.74 indicating that Ameris Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ameris Bancorp
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Associated Banc
6 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ameris Bancorp currently has a consensus price target of $52.00, indicating a potential upside of 3.07%. Associated Banc has a consensus price target of $23.13, indicating a potential upside of 3.84%. Given Ameris Bancorp's higher probable upside, analysts plainly believe Associated Banc is more favorable than Ameris Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ameris Bancorp
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Associated Banc
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Ameris Bancorp has higher earnings, but lower revenue than Associated Banc. Ameris Bancorp is trading at a lower price-to-earnings ratio than Associated Banc, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ameris Bancorp$1.04B3.35$269.11M$4.1112.27
Associated Banc$2.22B1.51$182.96M$0.9922.50

Ameris Bancorp pays an annual dividend of $0.60 per share and has a dividend yield of 1.2%. Associated Banc pays an annual dividend of $0.88 per share and has a dividend yield of 4.0%. Ameris Bancorp pays out 14.6% of its earnings in the form of a dividend. Associated Banc pays out 88.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Associated Banc has increased its dividend for 12 consecutive years. Associated Banc is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Ameris Bancorp received 164 more outperform votes than Associated Banc when rated by MarketBeat users. Likewise, 65.58% of users gave Ameris Bancorp an outperform vote while only 50.74% of users gave Associated Banc an outperform vote.

CompanyUnderperformOutperform
Ameris BancorpOutperform Votes
404
65.58%
Underperform Votes
212
34.42%
Associated BancOutperform Votes
240
50.74%
Underperform Votes
233
49.26%

91.6% of Ameris Bancorp shares are owned by institutional investors. Comparatively, 83.0% of Associated Banc shares are owned by institutional investors. 5.5% of Ameris Bancorp shares are owned by insiders. Comparatively, 1.5% of Associated Banc shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Ameris Bancorp has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, Associated Banc has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.

Summary

Ameris Bancorp beats Associated Banc on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ASB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASB vs. The Competition

MetricAssociated BancState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$3.36B$2.34B$9.68B$18.11B
Dividend Yield3.97%4.19%6.40%3.44%
P/E Ratio22.5012.1646.7223.08
Price / Sales1.512.073,592.2711.36
Price / Cash7.078.7328.7919.45
Price / Book0.841.053.296.01
Net Income$182.96M$398.78M$1.01B$966.65M
7 Day Performance-0.27%1.75%1.67%1.85%
1 Month Performance11.18%8.06%5.32%7.14%
1 Year Performance43.03%21.30%17.54%21.67%

Associated Banc Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ABCB
Ameris Bancorp
3.4021 of 5 stars
$49.50
-0.5%
$52.00
+5.1%
+58.2%$3.42B$1.52B12.042,765Short Interest ↓
Positive News
SFBS
ServisFirst Bancshares
2.9525 of 5 stars
$63.20
-0.3%
$64.00
+1.3%
+43.8%$3.45B$843.66M17.32605Positive News
UCBI
United Community Banks
4.7952 of 5 stars
$26.28
-0.4%
$30.60
+16.4%
+18.5%$3.14B$870.01M17.073,121Dividend Announcement
FBP
First BanCorp.
2.8954 of 5 stars
$17.97
-0.4%
$18.00
+0.2%
+56.6%$3.04B$1.16B10.273,168News Coverage
AUB
Atlantic Union Bankshares
4.1824 of 5 stars
$33.79
+0.5%
$38.00
+12.5%
+33.5%$3.03B$1.05B12.421,804Positive News
IBOC
International Bancshares
3.4171 of 5 stars
$59.86
-0.5%
N/A+36.5%$3.72B$970.10M9.142,200Positive News
FIBK
First Interstate BancSystem
4.9649 of 5 stars
$27.65
-0.4%
$30.20
+9.2%
+19.3%$2.87B$1.43B11.023,585Analyst Upgrade
Positive News
TCBI
Texas Capital Bancshares
3.5976 of 5 stars
$60.72
-1.0%
$63.58
+4.7%
+20.5%$2.83B$1.79B18.401,987Positive News
FHB
First Hawaiian
1.0429 of 5 stars
$21.94
-0.5%
$21.75
-0.9%
+27.8%$2.80B$1.12B12.612,000Positive News
CATY
Cathay General Bancorp
3.6355 of 5 stars
$36.77
-0.2%
$39.00
+6.1%
+23.4%$2.67B$1.31B8.131,246Dividend Announcement
Positive News

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This page (NYSE:ASB) was last updated on 5/18/2024 by MarketBeat.com Staff

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