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S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
NYSE:ASB

Associated Banc Stock Forecast, Price & News

$18.26
-0.28 (-1.51%)
(As of 06/30/2022 12:00 AM ET)
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Today's Range
$17.98
$18.52
50-Day Range
$18.01
$21.15
52-Week Range
$17.80
$25.78
Volume
1.44 million shs
Average Volume
1.39 million shs
Market Capitalization
$2.74 billion
P/E Ratio
8.78
Dividend Yield
4.31%
Price Target
$24.60
30 days | 90 days | 365 days | Advanced Chart

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ASB Stock Forecast (MarketRank)

Overall MarketRank

2.94 out of 5 stars

Finance Sector

241st out of 1,394 stocks

State Commercial Banks Industry

63rd out of 243 stocks

Analyst Opinion: 3.0Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
Associated Banc logo

About Associated Banc (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 operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers 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; 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, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as 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. The company's Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. As of December 31, 2021, the company operated 215 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

ASB Stock News 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
4,003
Year Founded
N/A

Company Calendar

Last Earnings
4/21/2022
Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Today
7/01/2022
Next Earnings (Confirmed)
7/21/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$24.60
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+34.7%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
5 Analysts

Profitability

Net Income
$350.99 million
Pretax Margin
36.80%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$3.11 per share
Book Value
$25.53 per share

Miscellaneous

Free Float
145,483,000
Market Cap
$2.74 billion
Optionable
Optionable
Beta
1.04














Associated Banc Frequently Asked Questions

Should I buy or sell Associated Banc stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last year. There are currently 1 sell rating, 3 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 top-rated stocks.

What is Associated Banc's stock price forecast for 2022?

5 equities research analysts have issued 1 year price targets for Associated Banc's stock. Their ASB stock forecasts range from $23.00 to $28.00. On average, they predict Associated Banc's share price to reach $24.60 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
View analysts' price targets for Associated Banc
or view top-rated stocks among Wall Street analysts.

How has Associated Banc's stock performed in 2022?

Associated Banc's stock was trading at $22.59 at the start of the year. Since then, ASB shares have decreased by 19.2% and is now trading at $18.26.
View the best growth stocks for 2022 here
.

When is Associated Banc's next earnings date?

Associated Banc is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 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, July 21st 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 Thursday, April, 21st. The bank reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.10. The bank earned $262.21 million during the quarter, compared to analysts' expectations of $268.54 million. Associated Banc had a trailing twelve-month return on equity of 8.70% and a net margin of 29.68%. During the same period in the prior year, the firm posted $0.58 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, April 26th. Investors of record on Wednesday, June 1st will be paid a dividend of $0.20 per share on Wednesday, June 15th. This represents a $0.80 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Tuesday, May 31st.
View Associated Banc's dividend history
.

Is Associated Banc a good dividend stock?

Associated Banc(NYSE:ASB) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.31%. ASB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Associated Banc does not yet have a strong track record of dividend growth. The dividend payout ratio of Associated Banc is 38.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Associated Banc will have a dividend payout ratio of 37.21% next year. This indicates that Associated Banc will be able to sustain or increase its dividend.
View Associated Banc's dividend history.

Who are Associated Banc's key executives?

Associated Banc's management team includes the following people:
  • Mr. Andrew J. Harmening, Pres, CEO & Director (Age 53, Pay $2.16M) (LinkedIn Profile)
  • Mr. Christopher J. Del Moral-Niles CFA, Exec. VP & CFO (Age 51, Pay $960.65k)
  • Mr. Randall J. Erickson, Exec. VP, Gen. Counsel & Corp. Sec. (Age 63, Pay $832.46k)
  • Mr. David L. Stein, Exec. VP, Head of Consumer & Bus. Banking and Madison Market Pres (Age 59, Pay $786.94k) (LinkedIn Profile)
  • Mr. John Anthony Utz, Exec. VP, Head of Corp. Banking & Milwaukee Market Pres (Age 54, Pay $854.01k)
  • Ms. Tammy C. Stadler, Exec. VP, Corp. Controller & Chief Accounting Officer (Age 56) (LinkedIn Profile)
  • Mr. Michael O. Meinolf, Exec. VP & Chief Information Officer (Age 47) (LinkedIn Profile)
  • Ben McCarville, VP & Director of Investor Relations
  • Mr. Anthony Philip Pecora, Sr. VP, Director of Compliance & Associated Investment Services
  • Jennifer Kaminski, VP & PR Sr. Mang.

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."

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 $18.26.

How much money does Associated Banc make?

Associated Banc (NYSE:ASB) has a market capitalization of $2.74 billion and generates $1.13 billion in revenue each year. The bank earns $350.99 million in net income (profit) each year or $2.079990 on an earnings per share basis.

How many employees does Associated Banc have?

Associated Banc employs 4,003 workers across the globe.

How can I contact Associated Banc?

Associated Banc's mailing address is 433 MAIN STREET, GREEN BAY WI, 54301. The official website for Associated Banc is www.associatedbank.com. 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 (NYSE:ASB) was last updated on 7/1/2022 by MarketBeat.com Staff

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