Associated Banc (ASB) Expected to Post Earnings on Thursday

Key Points

• Associated Banc is expected to report Q3 2026 earnings after market close on October 22. Analysts forecast earnings of $0.774 per share on revenue of $463.69 million.
• The bank exceeded estimates in Q2, reporting $0.73 EPS versus $0.72 expected and $454.54 million in revenue. Analysts project full-year EPS of $2.95 and next-year EPS of $3.34.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $32, while the company’s quarterly dividend implies a 3.4% yield.

Associated Banc (NYSE:ASB - Get Free Report) is expected to issue its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.7740 per share and revenue of $463.69 million for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

Associated Banc (NYSE:ASB - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.01. Associated Banc had a net margin of 19.66% and a return on equity of 10.64%. The company had revenue of $454.54 million for the quarter, compared to analysts' expectations of $438.01 million. During the same quarter in the previous year, the firm posted $0.65 EPS. On average, analysts expect Associated Banc to post $2.95 EPS for the current fiscal year and $3.34 EPS for the next fiscal year.

Associated Banc Price Performance

Associated Banc stock opened at $28.34 on Thursday. Associated Banc has a 12 month low of $23.86 and a 12 month high of $32.46. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95. The business's 50 day simple moving average is $30.14 and its 200 day simple moving average is $29.29. The company has a market cap of $5.35 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 0.98 and a beta of 0.80.

Associated Banc Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, September 1st. Associated Banc's dividend payout ratio (DPR) is currently 33.57%.

Analysts Set New Price Targets

Several analysts have issued reports on ASB shares. Wells Fargo & Company lowered their target price on Associated Banc from $36.00 to $35.00 and set an "overweight" rating on the stock in a research note on Tuesday, September 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Associated Banc in a research report on Monday, September 21st. Raymond James Financial increased their price target on Associated Banc from $31.00 to $35.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Barclays increased their price target on Associated Banc from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, October 5th. Finally, Truist Financial lifted their price objective on Associated Banc from $32.00 to $33.00 and gave the stock a "hold" rating in a report on Tuesday, August 4th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $32.00.

Insiders Place Their Bets

In other Associated Banc news, EVP Randall Erickson sold 43,561 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $32.04, for a total transaction of $1,395,694.44. Following the sale, the executive vice president owned 56,091 shares of the company's stock, valued at $1,797,155.64. The trade was a 43.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Patrick Ahern sold 1,309 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $30.85, for a total value of $40,382.65. Following the sale, the executive vice president owned 43,743 shares in the company, valued at approximately $1,349,471.55. This represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 78,833 shares of company stock worth $2,502,103 in the last three months. Insiders own 0.71% of the company's stock.

About Associated Banc

Associated Banc-Corp NYSE: ASB is a bank holding company headquartered in Green Bay, Wisconsin. Its principal subsidiary, Associated Bank, provides banking and financial services to consumers, businesses, institutions and municipalities.

The company offers deposit accounts, residential and commercial real estate lending, business loans, consumer financing, cash-management and treasury services, credit cards, wealth management, investment services and insurance products. Associated also provides specialized financial services for commercial and corporate clients, including relationship banking and capital-market support.

Associated Bank serves customers through branches, offices and digital banking channels across Wisconsin and portions of Illinois and Minnesota.

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