S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
NYSE:ASB

Associated Banc Stock Forecast, Price & News

$24.36
-0.69 (-2.75%)
(As of 01/19/2022 12:00 AM ET)
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Today's Range
$24.32
$25.07
50-Day Range
$21.49
$25.46
52-Week Range
$17.75
$25.55
Volume
935,558 shs
Average Volume
837,393 shs
Market Capitalization
$3.66 billion
P/E Ratio
11.60
Dividend Yield
3.19%
Beta
1.14
30 days | 90 days | 365 days | Advanced Chart
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Associated Banc logo

About Associated Banc

Associated Banc-Corp. operates as a bank holding company, which offers various banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates through the following segments: Corporate and Commercial Specialty; Community, Consumer and Business; and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves customers including businesses, developers, non-profits, municipalities and financial institutions. The Community, Consumer & Business segment serves individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes corporate risk management, credit administration, finance, treasury, operations and technology shared functions. The company was founded in 1964 and is headquartered in Green Bay, WI.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:ASBC
CIK
7789
Employees
4,459
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.43 billion
Cash Flow
$2.79 per share
Book Value
$24.33 per share

Profitability

Net Income
$306.77 million
Pretax Margin
37.40%

Debt

Price-To-Earnings

Miscellaneous

Free Float
145,197,000
Market Cap
$3.66 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/20/2021
Ex-Dividend for 12/15 Dividend
11/30/2021
Dividend Payable
12/15/2021
Today
1/20/2022
Next Earnings (Confirmed)
1/20/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.32 out of 5 stars

Finance Sector

410th out of 1,350 stocks

State Commercial Banks Industry

80th out of 234 stocks

Analyst Opinion: 0.9Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -












Associated Banc (NYSE:ASB) Frequently Asked Questions

Is Associated Banc a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Associated Banc stock. 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 analyst ratings for Associated Banc
or view top-rated stocks.

How has Associated Banc's stock been impacted by Coronavirus (COVID-19)?

Associated Banc's stock was trading at $13.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ASB shares have increased by 82.7% and is now trading at $24.36.
View which stocks have been most impacted by COVID-19
.

When is Associated Banc's next earnings date?

Associated Banc is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
View our earnings forecast for Associated Banc
.

How can I listen to Associated Banc's earnings call?

Associated Banc will be holding an earnings conference call on Thursday, January 20th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Associated Banc's earnings last quarter?

Associated Banc-Corp (NYSE:ASB) issued its earnings results on Wednesday, October, 20th. The bank reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.12. The bank had revenue of $269.92 million for the quarter, compared to the consensus estimate of $264.17 million. Associated Banc had a net margin of 29.80% and a trailing twelve-month return on equity of 9.02%. During the same period last year, the company posted $0.24 EPS.
View Associated Banc's earnings history
.

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

Associated Banc declared a quarterly dividend on Tuesday, October 26th. Shareholders of record on Wednesday, December 1st will be paid a dividend of $0.20 per share on Wednesday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, November 30th.
View Associated Banc's dividend history
.

Is Associated Banc a good dividend stock?

Associated Banc pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.19%. Associated Banc does not yet have a strong track record of dividend growth. The dividend payout ratio of Associated Banc is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Associated Banc will have a dividend payout ratio of 49.08% next year. This indicates that Associated Banc will be able to sustain or increase its dividend.
View Associated Banc's dividend history.

What price target have analysts set for ASB?

5 brokers have issued 1 year target prices for Associated Banc's shares. Their forecasts range from $23.00 to $24.00. On average, they expect Associated Banc's share price to reach $23.50 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Associated Banc
or view top-rated stocks among Wall Street analysts.

Who are Associated Banc's key executives?

Associated Banc's management team includes the following people:

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

219 employees have rated Associated Banc CEO Philip B. (Phil) Flynn on Glassdoor.com. Philip B. (Phil) Flynn has an approval rating of 89% among Associated Banc'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).

What is Associated Banc's stock symbol?

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

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 Legacy Private Trust Co. (0.20%), Gateway Investment Advisers LLC (0.18%), Riverbridge Partners LLC (0.05%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.01%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Associated Banc stock include Andrew J Harmening, David L Stein, Eileen A Kamerick, John A Utz, John B Williams, John F Bergstrom, John P Hankerd, Lith Karen Van, Michael J Haddad, Michael Meinolf, Michael T Crowley Jr, Moral-Niles Christopher Del, Nicole M Kitowski, Patrick Edward Ahern, Philip B Flynn, Tammy C Stadler, Timothy J Lau, Timothy J Lau and William R Hutchinson.
View institutional ownership trends for Associated Banc
.

Which major investors are selling Associated Banc stock?

ASB stock was sold by a variety of institutional investors in the last quarter, including Shakespeare Wealth Management Inc., Riverbridge Partners LLC, Legacy Private Trust Co., Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Gateway Investment Advisers LLC, and Louisiana State Employees Retirement System. Company insiders that have sold Associated Banc company stock in the last year include Andrew J Harmening, David L Stein, Eileen A Kamerick, John A Utz, John B Williams, Lith Karen Van, Michael Meinolf, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn, Tammy C Stadler, and Timothy J Lau.
View insider buying and selling activity for Associated Banc
or view top insider-selling stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $24.36.

How much money does Associated Banc make?

Associated Banc has a market capitalization of $3.66 billion and generates $1.43 billion in revenue each year. The bank earns $306.77 million in net income (profit) each year or $2.10 on an earnings per share basis.

How many employees does Associated Banc have?

Associated Banc employs 4,459 workers across the globe.

What is Associated Banc's official website?

The official website for Associated Banc is www.associatedbank.com.

Where are Associated Banc's headquarters?

Associated Banc is headquartered at 433 MAIN STREET, GREEN BAY WI, 54301.

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, via email at [email protected], or via fax at 920-433-3261.


This page was last updated on 1/20/2022 by MarketBeat.com Staff

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