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Associated Banc (ASB) Stock Price, News & Analysis

-0.43 (-1.93%)
(As of 05/20/2024 ET)
Today's Range
50-Day Range
52-Week Range
897,674 shs
Average Volume
1.39 million shs
Market Capitalization
$3.29 billion
P/E Ratio
Dividend Yield
Price Target

Associated Banc MarketRank™ Stock Analysis

Analyst Rating
2.25 Rating Score
5.9% Upside
$23.13 Price Target
Short Interest
4.36% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.80mentions of Associated Banc in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$564,115 Sold Last Quarter
Proj. Earnings Growth
From $2.12 to $2.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Finance Sector

176th out of 855 stocks

State Commercial Banks Industry

31st out of 174 stocks

ASB stock logo

About Associated Banc Stock (NYSE:ASB)

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit. It also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services, such as interest rate risk management and foreign exchange solutions; fiduciary services, such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, the company offers deposit and transactional solutions, including checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

ASB Stock Price History

ASB Stock News Headlines

Associated Banc (NYSE:ASB) Upgraded to Hold by
Barclays Keeps Their Hold Rating on Associated Banc-Corp (ASB)
Q1 2024 Associated Banc-Corp Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 6/17 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

State commercial banks
Previous Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
8 Analysts


Net Income
$182.96 million
Pretax Margin


Sales & Book Value

Annual Sales
$2.22 billion
Cash Flow
$3.08 per share
Book Value
$26.37 per share


Free Float
Market Cap
$3.29 billion
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ASB Stock Analysis - Frequently Asked Questions

Should I buy or sell Associated Banc stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ASB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASB, but not buy additional shares or sell existing shares.
View ASB analyst ratings
or view top-rated stocks.

What is Associated Banc's stock price target for 2024?

8 analysts have issued 12-month price objectives for Associated Banc's shares. Their ASB share price targets range from $21.00 to $25.00. On average, they predict the company's share price to reach $23.13 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for ASB
or view top-rated stocks among Wall Street analysts.

How have ASB shares performed in 2024?

Associated Banc's stock was trading at $21.39 at the beginning of 2024. Since then, ASB stock has increased by 2.1% and is now trading at $21.84.
View the best growth stocks for 2024 here

Are investors shorting Associated Banc?

Associated Banc saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 6,500,000 shares, an increase of 45.1% from the April 15th total of 4,480,000 shares. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is currently 4.8 days. Currently, 4.4% of the shares of the company are short sold.
View Associated Banc's Short Interest

When is Associated Banc's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our ASB earnings forecast

How were Associated Banc's earnings last quarter?

Associated Banc-Corp (NYSE:ASB) issued its earnings results on Tuesday, April, 30th. The bank reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. The bank had revenue of $322.84 million for the quarter, compared to analyst estimates of $325 million. Associated Banc had a trailing twelve-month return on equity of 8.31% and a net margin of 6.86%. The company's revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period last year, the business earned $0.66 earnings per share.

How often does Associated Banc pay dividends? What is the dividend yield for Associated Banc?

Associated Banc declared a quarterly dividend on Tuesday, April 30th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.22 per share on Monday, June 17th. This represents a $0.88 annualized dividend and a yield of 4.03%. The ex-dividend date is Monday, June 3rd.
Read our dividend analysis for ASB

Is Associated Banc a good dividend stock?

Associated Banc (NYSE:ASB) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.95%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ASB will have a dividend payout ratio of 37.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASB.

What is Philip B. (Phil) Flynn's approval rating as Associated Banc's CEO?

219 employees have rated Associated Banc Chief Executive Officer Philip B. (Phil) Flynn on Philip B. (Phil) Flynn has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Associated Banc own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Associated Banc investors own include Invesco (IVZ), Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), AK Steel (AKS), China Unicom (Hong Kong) (CHU), Exxon Mobil (XOM), AMC Entertainment (AMC), Apollo Global Management (APO) and EKIMAS (ASNB).

Who are Associated Banc's major shareholders?

Associated Banc's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.36%), LSV Asset Management (2.69%), Allspring Global Investments Holdings LLC (1.79%), Allspring Global Investments Holdings LLC (1.79%), Pzena Investment Management LLC (1.72%) and Principal Financial Group Inc. (0.38%). Insiders that own company stock include Andrew J Harmening, Andrew J Harmening, David L Stein, David L Stein, Eileen A Kamerick, John A Utz, John B Williams, John F Bergstrom, John P Thayer, Lith Karen Van, Matthew R Braeger, Michael J Haddad, Michael Meinolf, Moral-Niles Christopher Del, Nicole M Kitowski, R Jay Gerken, Randall J Erickson, Tammy C Stadler and Timothy J Lau.
View institutional ownership trends

How do I buy shares of Associated Banc?

Shares of ASB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ASB) was last updated on 5/21/2024 by Staff

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