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

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

Associated Banc declared a quarterly dividend on Wednesday, October 24th. Shareholders of record on Monday, December 3rd will be given a dividend of $0.17 per share on Monday, December 17th. This represents a $0.68 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Friday, November 30th. This is a boost from Associated Banc's previous quarterly dividend of $0.15. View Associated Banc's Dividend History.

Associated Banc Corp (NYSE:ASB) posted its quarterly earnings data on Thursday, October, 18th. The bank reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. The bank had revenue of $307.69 million for the quarter, compared to the consensus estimate of $321.04 million. Associated Banc had a return on equity of 9.44% and a net margin of 20.53%. During the same quarter in the previous year, the firm earned $0.34 EPS. View Associated Banc's Earnings History.

Associated Banc is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Associated Banc.

10 brokers have issued 1-year price objectives for Associated Banc's stock. Their forecasts range from $26.00 to $30.00. On average, they anticipate Associated Banc's stock price to reach $27.75 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for Associated Banc.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last year. There are currently 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Associated Banc.

Media coverage about ASB stock has been trending very positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Associated Banc earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

Associated Banc saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,950,618 shares, a decrease of 41.8% from the October 15th total of 5,070,403 shares. Based on an average daily trading volume, of 1,924,876 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.7% of the shares of the stock are short sold. View Associated Banc's Current Options Chain.

Some companies that are related to Associated Banc include SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), Investors Bancorp (ISBC), Wintrust Financial (WTFC), IBERIABANK (IBKC), Glacier Bancorp (GBCI), United Bankshares (UBSI) and First Hawaiian (FHB).

Associated Banc's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.02%), Dimensional Fund Advisors LP (6.26%), Victory Capital Management Inc. (2.97%), JPMorgan Chase & Co. (2.69%), Alliancebernstein L.P. (2.46%) and Bank of New York Mellon Corp (2.24%). Company insiders that own Associated Banc stock include Breck F Hanson, Christopher C Piotrowski, David L Stein, Eileen A Kamerick, James Yee, John A Utz, John P Hankerd, Judith M Docter, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn, Robert A Jeffe, Scott Hickey, Tammy C Stadler, Timothy J Lau, William M Bohn and William R Hutchinson. View Institutional Ownership Trends for Associated Banc.

ASB stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, FMR LLC, Alliancebernstein L.P., Renaissance Technologies LLC, Deutsche Bank AG, Dimensional Fund Advisors LP, Hsbc Holdings PLC and Maltese Capital Management LLC. Company insiders that have sold Associated Banc company stock in the last year include Breck F Hanson, Christopher C Piotrowski, David L Stein, John A Utz, John P Hankerd, Judith M Docter, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn, Tammy C Stadler, Timothy J Lau, William M Bohn and William R Hutchinson. View Insider Buying and Selling for Associated Banc.

ASB stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., JPMorgan Chase & Co., BlackRock Inc., Matarin Capital Management LLC, Panagora Asset Management Inc., AQR Capital Management LLC, Allianz Asset Management GmbH and Ontario Teachers Pension Plan Board. Company insiders that have bought Associated Banc stock in the last two years include Moral-Niles Christopher Del, Philip B Flynn and William R Hutchinson. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of ASB stock can currently be purchased for approximately $23.04.

Associated Banc has a market capitalization of $3.85 billion and generates $1.22 billion in revenue each year. The bank earns $229.26 million in net income (profit) each year or $1.52 on an earnings per share basis. Associated Banc employs 4,388 workers across the globe.

The official website for Associated Banc is http://www.associatedbank.com.

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]