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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:ASB

Associated Banc Stock Forecast, Price & News

$20.11
-0.20 (-0.98 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$19.77
Now: $20.11
$20.25
50-Day Range
$15.32
MA: $17.20
$20.31
52-Week Range
$10.23
Now: $20.11
$21.49
Volume1.12 million shs
Average Volume946,561 shs
Market Capitalization$3.09 billion
P/E Ratio10.58
Dividend Yield3.62%
Beta1.23
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. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, as well as full-service, discount, and online investment brokerage; investment advisory services; trust and investment management accounts; and insurance and other related products and services. This segment also engages in the administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services. Its Risk Management and Shared Services segment provides corporate risk management, credit administration, finance, treasury, operations, and technology services. As of December 31, 2019, the company operated 248 banking branches serving over 120 communities. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Associated Banc logo

MarketRank

Overall MarketRank

2.05 out of 5 stars

Finance Sector

192nd out of 1,704 stocks

State Commercial Banks Industry

34th out of 273 stocks

Analyst Opinion: 1.1Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:ASBC
CUSIPN/A
CIK7789
Phone920-491-7500
Employees4,669

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.55 billion
Cash Flow$2.82 per share
Book Value$23.00 per share

Profitability

Net Income$326.79 million

Miscellaneous

Market Cap$3.09 billion
Next Earnings Date1/21/2021 (Confirmed)
OptionableOptionable
$20.11
-0.20 (-0.98 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Associated Banc (NYSE:ASB) Frequently Asked Questions

How has Associated Banc's stock price 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 50.9% and is now trading at $20.11.
View which stocks have been most impacted by COVID-19
.

Is Associated Banc a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last twelve months. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Associated Banc?

Wall Street analysts have given Associated Banc a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Associated Banc wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Associated Banc's next earnings date?

Associated Banc is scheduled to release its next quarterly earnings announcement on Thursday, January 21st 2021.
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 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Associated Banc's earnings last quarter?

Associated Banc-Corp (NYSE:ASB) issued its earnings results on Thursday, October, 22nd. The bank reported $0.24 EPS for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.01. The bank earned $258 million during the quarter, compared to analyst estimates of $268.77 million. Associated Banc had a return on equity of 5.68% and a net margin of 20.66%. The company's revenue for the quarter was down 42.0% compared to the same quarter last year. During the same period last year, the business posted $0.49 EPS.
View Associated Banc's earnings history
.

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

Associated Banc announced a quarterly dividend on Tuesday, October 27th. Investors of record on Tuesday, December 1st will be given a dividend of $0.18 per share on Tuesday, December 15th. This represents a $0.72 annualized dividend and a yield of 3.58%. The ex-dividend date is Monday, November 30th.
View Associated Banc's dividend history
.

Is Associated Banc a good dividend stock?

Associated Banc pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.62%. The dividend payout ratio of Associated Banc is 36.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Associated Banc will have a dividend payout ratio of 58.54% 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?

8 analysts have issued twelve-month price targets for Associated Banc's shares. Their forecasts range from $13.00 to $18.00. On average, they anticipate Associated Banc's share price to reach $14.83 in the next twelve months. This suggests that the stock has a possible downside of 26.2%.
View analysts' price targets for Associated Banc
or view Wall Street analyst' top-rated stocks.

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 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 key executives?

Associated Banc's management team includes the following people:
  • Mr. Philip B. Flynn, Pres, CEO & Director (Age 64, Pay $2.5M)
  • Mr. Christopher J. Del Moral-Niles CFA, Exec. VP & CFO (Age 50, Pay $999.52k)
  • Mr. Randall J. Erickson, Exec. VP, Gen. Counsel & Corp. Sec. (Age 62, Pay $861.52k)
  • Mr. David L. Stein, Exec. VP and Head of Consumer & Bus. Banking (Age 58, Pay $751.09k)
  • Mr. John Anthony Utz, Exec. VP, Head of Corp. Banking & Milwaukee Market Pres (Age 53, Pay $940.39k)
  • Mr. Michael O. Meinolf, Exec. VP & Chief Information Officer (Age 46)
  • Mr. Robb S. Timme, Sr. VP, Director of Investor Relations & Capital Management
  • Mr. Anthony Philip Pecora, Sr. VP and Director of Compliance
  • Mr. Christopher C. Piotrowski, Exec. VP & Chief Marketing Officer (Age 46)
  • Ms. Angie M. DeWitt, Exec. VP & Chief HR Officer (Age 51)

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 many different retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.43%), Legacy Private Trust Co. (0.23%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Associated Banc stock include Christopher C Piotrowski, David L Stein, John A Utz, John B Williams, John P Hankerd, Lith Karen Van, Michael J Haddad, Michael T Crowley Jr, Moral-Niles Christopher Del, Patrick Edward Ahern, Philip B Flynn, Tammy C Stadler, Timothy J Lau, William M Bohn 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 Dalton Greiner Hartman Maher & Co., Legacy Private Trust Co., and State of Alaska Department of Revenue. Company insiders that have sold Associated Banc company stock in the last year include John P Hankerd, Patrick Edward Ahern, and Tammy C Stadler.
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.

What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $20.11.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $3.09 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.

What is Associated Banc's official website?

The official website for Associated Banc is 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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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