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NYSE:ASB - Associated Banc Stock Price, Forecast & News

$18.41
-0.79 (-4.11 %)
(As of 02/26/2020 04:41 AM ET)
Today's Range
$18.23
Now: $18.41
$19.21
50-Day Range
$18.41
MA: $20.48
$21.22
52-Week Range
$18.23
Now: $18.41
$23.67
Volume1.51 million shs
Average Volume1.11 million shs
Market Capitalization$2.88 billion
P/E Ratio9.64
Dividend Yield3.75%
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$1.55 billion
Cash Flow$2.58 per share
Book Value$23.00 per share

Profitability

Net Income$326.79 million

Miscellaneous

Employees4,669
Market Cap$2.88 billion
Next Earnings Date4/23/2020 (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 announced a quarterly dividend on Wednesday, February 5th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.18 per share on Monday, March 16th. This represents a $0.72 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend is Friday, February 28th. View Associated Banc's Dividend History.

How were Associated Banc's earnings last quarter?

Associated Banc Corp (NYSE:ASB) released its earnings results on Thursday, January, 23rd. The bank reported $0.45 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.04. The bank earned $293.08 million during the quarter, compared to analysts' expectations of $297.30 million. Associated Banc had a net margin of 20.79% and a return on equity of 9.17%. During the same period in the previous year, the business earned $0.51 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, April 23rd 2020. View Earnings Estimates for Associated Banc.

What price target have analysts set for ASB?

7 Wall Street analysts have issued 12 month price objectives for Associated Banc's stock. Their forecasts range from $19.00 to $22.00. On average, they expect Associated Banc's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price. View Analyst Price Targets for Associated Banc.

What is the consensus analysts' recommendation for Associated Banc?

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

Has Associated Banc been receiving favorable news coverage?

News headlines about ASB stock have trended very negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Associated Banc earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Associated Banc.

Are investors shorting Associated Banc?

Associated Banc saw a increase in short interest in January. As of January 31st, there was short interest totalling 3,920,000 shares, an increase of 15.3% from the January 15th total of 3,400,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.5% of the company's shares 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?

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

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 variety of of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (4.07%), State Street Corp (3.44%), Victory Capital Management Inc. (2.34%), Victory Capital Management Inc. (2.29%), FMR LLC (2.27%) and Cramer Rosenthal Mcglynn LLC (1.99%). Company insiders that own Associated Banc stock include Christopher C Piotrowski, David L Stein, John A Utz, John B Williams, John P Hankerd, Judith M Docter, Lith Karen Van, Michael T Crowley Jr, 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 Prudential Financial Inc., State Street Corp, FMR LLC, Cramer Rosenthal Mcglynn LLC, Man Group plc, Mairs & Power INC, Victory Capital Management Inc. and Renaissance Technologies LLC. 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 and William M Bohn. View Insider Buying and Selling for Associated Banc.

Which institutional investors are buying Associated Banc stock?

ASB stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Heartland Advisors Inc., Pzena Investment Management LLC, Peregrine Capital Management LLC, Bank of New York Mellon Corp, LSV Asset Management, AQR Capital Management LLC and First Trust Advisors LP. Company insiders that have bought Associated Banc stock in the last two years include John B Williams, Michael T Crowley Jr, 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 $18.41.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $2.88 billion and generates $1.55 billion in revenue each year. The bank earns $326.79 million in net income (profit) each year or $1.97 on an earnings per share basis. Associated Banc employs 4,669 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:  229 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  579
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 2/26/2020 by MarketBeat.com Staff

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