Associated Banc (ASB) Competitors

$21.57
+0.20 (+0.94%)
(As of 04/26/2024 ET)

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

Should you be buying Associated Banc stock or one of its competitors? The main competitors of Associated Banc include Ameris Bancorp (ABCB), United Community Banks (UCBI), ServisFirst Bancshares (SFBS), First BanCorp. (FBP), International Bancshares (IBOC), Texas Capital Bancshares (TCBI), First Interstate BancSystem (FIBK), Cathay General Bancorp (CATY), Atlantic Union Bankshares (AUB), and Columbia Banking System (COLB).

Associated Banc vs.

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

Ameris Bancorp has a net margin of 18.06% compared to Associated Banc's net margin of 6.86%. Ameris Bancorp's return on equity of 8.71% beat Associated Banc's return on equity.

Company Net Margins Return on Equity Return on Assets
Associated Banc6.86% 8.33% 0.80%
Ameris Bancorp 18.06%8.71%1.14%

Ameris Bancorp received 163 more outperform votes than Associated Banc when rated by MarketBeat users. Likewise, 65.64% of users gave Ameris Bancorp an outperform vote while only 50.85% of users gave Associated Banc an outperform vote.

CompanyUnderperformOutperform
Associated BancOutperform Votes
240
50.85%
Underperform Votes
232
49.15%
Ameris BancorpOutperform Votes
403
65.64%
Underperform Votes
211
34.36%

83.0% of Associated Banc shares are held by institutional investors. Comparatively, 91.6% of Ameris Bancorp shares are held by institutional investors. 1.5% of Associated Banc shares are held by insiders. Comparatively, 5.6% of Ameris Bancorp shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Ameris Bancorp has lower revenue, but higher earnings 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
Associated Banc$2.22B1.46$182.96M$0.9921.79
Ameris Bancorp$1.52B2.17$269.11M$4.1111.65

In the previous week, Associated Banc had 11 more articles in the media than Ameris Bancorp. MarketBeat recorded 20 mentions for Associated Banc and 9 mentions for Ameris Bancorp. Ameris Bancorp's average media sentiment score of 0.78 beat Associated Banc's score of 0.38 indicating that Ameris Bancorp is being referred to more favorably in the news media.

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

Associated Banc currently has a consensus target price of $23.13, suggesting a potential upside of 7.21%. Ameris Bancorp has a consensus target price of $50.25, suggesting a potential upside of 4.95%. Given Associated Banc's higher probable upside, equities analysts clearly believe Associated Banc is more favorable than Ameris Bancorp.

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

Associated Banc pays an annual dividend of $0.88 per share and has a dividend yield of 4.1%. Ameris Bancorp pays an annual dividend of $0.60 per share and has a dividend yield of 1.3%. 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. Ameris Bancorp pays out 14.6% of its earnings in the form of a dividend.

Associated Banc has a beta of 1, indicating that its share price has a similar volatility profile to the S&P 500.Comparatively, Ameris Bancorp has a beta of 1.05, indicating that its share price is 5% more volatile than the S&P 500.

Summary

Ameris Bancorp beats Associated Banc on 15 of the 20 factors compared between the two stocks.

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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$3.25B$2.27B$8.73B$17.47B
Dividend Yield4.12%4.29%9.94%3.55%
P/E Ratio21.7911.5651.5125.12
Price / Sales1.461.85281.8410.49
Price / Cash6.818.3515.0017.65
Price / Book0.821.002.364.87
Net Income$182.96M$395.00M$1.01B$964.96M
7 Day Performance4.96%0.87%1.04%1.90%
1 Month Performance1.53%-2.28%-2.21%-3.08%
1 Year Performance20.10%21.88%13.63%96.69%

Associated Banc Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ABCB
Ameris Bancorp
3.7392 of 5 stars
$44.44
-1.4%
$50.25
+13.1%
+41.8%$3.07B$1.52B11.392,765Earnings Report
Analyst Report
News Coverage
UCBI
United Community Banks
4.8242 of 5 stars
$24.54
-1.4%
$31.00
+26.3%
+5.6%$2.92B$1.31B15.833,121Earnings Report
Analyst Report
Analyst Revision
News Coverage
SFBS
ServisFirst Bancshares
2.7991 of 5 stars
$59.13
-0.8%
$64.00
+8.2%
+21.4%$3.22B$843.66M15.60591Gap Up
FBP
First BanCorp.
2.6329 of 5 stars
$16.30
-1.8%
$17.50
+7.4%
+47.9%$2.76B$1.16B9.593,168Earnings Report
Dividend Announcement
Analyst Report
Short Interest ↑
News Coverage
IBOC
International Bancshares
2.6894 of 5 stars
$52.51
-0.3%
N/A+33.5%$3.26B$970.10M7.932,200Upcoming Earnings
TCBI
Texas Capital Bancshares
2.8374 of 5 stars
$55.51
-1.6%
$64.45
+16.1%
+14.1%$2.63B$1.79B15.681,987Analyst Revision
FIBK
First Interstate BancSystem
4.5054 of 5 stars
$24.37
-2.0%
$29.00
+19.0%
+2.4%$2.53B$1.43B9.833,585Dividend Announcement
Analyst Report
Short Interest ↑
News Coverage
CATY
Cathay General Bancorp
4.2692 of 5 stars
$34.54
-1.5%
$38.20
+10.6%
+12.9%$2.51B$1.31B7.111,246Earnings Report
Analyst Report
Short Interest ↑
Analyst Revision
News Coverage
AUB
Atlantic Union Bankshares
4.397 of 5 stars
$31.81
-0.2%
$35.67
+12.1%
+14.8%$2.40B$1.05B12.521,804Earnings Report
Analyst Report
News Coverage
COLB
Columbia Banking System
4.7568 of 5 stars
$17.35
-1.3%
$22.42
+29.2%
-11.3%$3.63B$2.74B10.525,114Earnings Report
Analyst Report
Short Interest ↓
Analyst Revision
News Coverage
Gap Up

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This page (NYSE:ASB) was last updated on 4/28/2024 by MarketBeat.com Staff

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