S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NYSE:ASB

Associated Banc Stock Forecast, Price & News

$22.54
-0.10 (-0.44%)
(As of 12/7/2021 12:00 AM ET)
Add
Compare
Today's Range
$22.33
$22.90
50-Day Range
$21.42
$23.92
52-Week Range
$16.11
$24.06
Volume
1.15 million shs
Average Volume
1.44 million shs
Market Capitalization
$3.38 billion
P/E Ratio
10.73
Dividend Yield
3.53%
Beta
1.15
30 days | 90 days | 365 days | Advanced Chart
Receive ASB News and Ratings via Email

Sign-up to receive the latest news and ratings for Associated Banc and its competitors with MarketBeat's FREE daily newsletter.


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

See More Headlines

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
$2.88 per share
Book Value
$25.33 per share

Profitability

Net Income
$306.77 million
Pretax Margin
37.40%

Debt

Price-To-Earnings

Miscellaneous

Free Float
145,197,000
Market Cap
$3.38 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/20/2021
Ex-Dividend
11/30/2021
Today
12/08/2021
Dividend Payable
12/15/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/20/2022

MarketRank

Overall MarketRank

2.63 out of 5 stars

Finance Sector

220th out of 1,342 stocks

State Commercial Banks Industry

41st out of 233 stocks

Analyst Opinion: 1.0Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Associated Banc (NYSE:ASB) Frequently Asked Questions

Is Associated Banc a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last twelve months. There are currently 5 hold ratings 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.

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

Associated Banc's stock was trading at $13.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ASB shares have increased by 69.1% and is now trading at $22.54.
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 were Associated Banc's earnings last quarter?

Associated Banc-Corp (NYSE:ASB) issued its quarterly earnings data on Wednesday, October, 20th. The bank reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.12. The bank earned $269.92 million during the quarter, compared to analyst estimates of $264.17 million. Associated Banc had a trailing twelve-month return on equity of 9.02% and a net margin of 29.80%. During the same period in the previous year, the firm earned $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 3.55%. 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 3.53%. 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 50.00% 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 12 month price targets for Associated Banc's shares. Their forecasts range from $21.00 to $24.00. On average, they anticipate Associated Banc's stock price to reach $23.00 in the next year. This suggests a possible upside of 2.0% from the stock's current price.
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 institutional and retail investors. Top institutional investors include BlackRock Inc. (11.44%), Dimensional Fund Advisors LP (6.54%), Pzena Investment Management LLC (2.32%), LSV Asset Management (2.01%), Associated Banc Corp (1.79%) and Geode Capital Management LLC (1.70%). 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 institutional investors are selling Associated Banc stock?

ASB stock was sold by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, BlackRock Inc., Thrivent Financial for Lutherans, Bank of New York Mellon Corp, Alliancebernstein L.P., Dimensional Fund Advisors LP, Morgan Stanley, and Natixis. 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.

Which institutional investors are buying Associated Banc stock?

ASB stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Balyasny Asset Management LLC, Goldman Sachs Group Inc., Brookfield Asset Management Inc., Blueshift Asset Management LLC, rhino investment partners Inc, Two Sigma Investments LP, and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have bought Associated Banc stock in the last two years include John F Bergstrom, Michael J Haddad, Michael T Crowley Jr, Moral-Niles Christopher Del, Timothy J Lau, and William R Hutchinson.
View insider buying and selling activity for Associated Banc
or or view top insider-buying 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 $22.54.

How much money does Associated Banc make?

Associated Banc has a market capitalization of $3.38 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 12/8/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.