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Associated Banc Stock Price, Forecast & Analysis (NYSE:ASB)

$21.49
+0.01 (+0.05 %)
(As of 11/22/2019 06:00 AM ET)
Today's Range
$21.32
Now: $21.49
$21.60
50-Day Range
$19.14
MA: $20.58
$21.77
52-Week Range
$18.52
Now: $21.49
$23.83
Volume773,918 shs
Average Volume1.25 million shs
Market Capitalization$3.42 billion
P/E Ratio10.59
Dividend Yield3.15%
Beta1.19
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. Its Corporate and Commercial Specialty segment offers 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; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:ASBC
CUSIPN/A
CIK7789
Phone920-491-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.51 billion
Cash Flow$2.72 per share
Book Value$23.00 per share

Profitability

Net Income$333.56 million

Miscellaneous

Employees4,655
Market Cap$3.42 billion
Next Earnings Date1/23/2020 (Estimated)
OptionableOptionable

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Associated Banc (NYSE:ASB) Frequently Asked Questions

What is Associated Banc's stock symbol?

Associated Banc trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASB."

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

Associated Banc declared a quarterly dividend on Tuesday, October 29th. Investors of record on Monday, December 2nd will be given a dividend of $0.18 per share on Monday, December 16th. This represents a $0.72 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Friday, November 29th. This is an increase from Associated Banc's previous quarterly dividend of $0.17. View Associated Banc's Dividend History.

How were Associated Banc's earnings last quarter?

Associated Banc Corp (NYSE:ASB) announced its quarterly earnings results on Thursday, October, 24th. The bank reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. The bank earned $307 million during the quarter, compared to analysts' expectations of $312.55 million. Associated Banc had a net margin of 21.73% and a return on equity of 9.71%. The company's revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 earnings per share. View Associated Banc's Earnings History.

When is Associated Banc's next earnings date?

Associated Banc is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Associated Banc.

What price target have analysts set for ASB?

8 brokerages have issued 12 month target prices for Associated Banc's stock. Their forecasts range from $19.00 to $25.00. On average, they expect Associated Banc's stock price to reach $22.71 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Price Targets for Associated Banc.

What is the consensus analysts' recommendation for Associated Banc?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last year. There are currently 2 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Associated Banc.

Has Associated Banc been receiving favorable news coverage?

Press coverage about ASB stock has been trending negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Associated Banc earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Associated Banc.

Are investors shorting Associated Banc?

Associated Banc saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,690,000 shares, an increase of 12.2% from the September 30th total of 3,290,000 shares. Based on an average trading volume of 963,200 shares, the short-interest ratio is presently 3.8 days. Currently, 2.4% of the shares of the company are sold short. View Associated Banc's Current Options Chain.

Who are some of Associated Banc's key competitors?

What other stocks do shareholders of Associated Banc own?

Who are Associated Banc's key executives?

Associated Banc's management team includes the folowing people:
  • Mr. Philip B. Flynn, Pres, CEO & Director (Age 62)
  • Mr. Christopher J. Del Moral-Niles CFA, Exec. VP & CFO (Age 48)
  • Mr. Randall J. Erickson, Exec. VP, Gen. Counsel & Corp. Sec. (Age 60)
  • Mr. David L. Stein, Madison Market Pres of Associated Bank (Age 56)
  • Mr. John A. Utz, Exec. VP, Head of Corp. Banking & Milwaukee Market Pres (Age 51)

Who are Associated Banc's major shareholders?

Associated Banc's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.66%), Foundry Partners LLC (0.52%), First Trust Advisors LP (0.47%), California Public Employees Retirement System (0.27%), Rhumbline Advisers (0.24%) and Legacy Private Trust Co. (0.22%). Company insiders that own Associated Banc stock include Breck F Hanson, Christopher C Piotrowski, David L Stein, John A Utz, John B Williams, John P Hankerd, Judith M Docter, Lith Karen Van, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn, Tammy C Stadler, Timothy J Lau, William M Bohn and William R Hutchinson. View Institutional Ownership Trends for Associated Banc.

Which institutional investors are selling Associated Banc stock?

ASB stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Gateway Investment Advisers LLC, SeaCrest Wealth Management LLC, Keybank National Association OH, Wedge Capital Management L L P NC, Rhumbline Advisers, Oppenheimer Asset Management Inc. and State of Alaska Department of Revenue. Company insiders that have sold Associated Banc company stock in the last year include Christopher C Piotrowski, David L Stein, John A Utz, John P Hankerd, Lith Karen Van, Moral-Niles Christopher Del, Philip B Flynn, Tammy C Stadler, Timothy J Lau and William M Bohn. View Insider Buying and Selling for Associated Banc.

Which institutional investors are buying Associated Banc stock?

ASB stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., First Trust Advisors LP, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Russell Investments Group Ltd., SG Americas Securities LLC, Cliftonlarsonallen Wealth Advisors LLC and First Mercantile Trust Co.. Company insiders that have bought Associated Banc stock in the last two years include John B Williams, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn and William R Hutchinson. View Insider Buying and Selling for Associated Banc.

How do I buy shares of Associated Banc?

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

What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $21.49.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $3.42 billion and generates $1.51 billion in revenue each year. The bank earns $333.56 million in net income (profit) each year or $2.03 on an earnings per share basis. Associated Banc employs 4,655 workers across the globe.View Additional Information About Associated Banc.

What is Associated Banc's official website?

The official website for Associated Banc is http://www.associatedbank.com/.

How can I contact Associated Banc?

Associated Banc's mailing address is 433 MAIN STREET, GREEN BAY WI, 54301. The bank can be reached via phone at 920-491-7500 or via email at [email protected]


MarketBeat Community Rating for Associated Banc (NYSE ASB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  328 (Vote Underperform)
Total Votes:  553
MarketBeat's community ratings are surveys of what our community members think about Associated Banc and other stocks. Vote "Outperform" if you believe ASB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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