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

Associated Banc's stock was trading at $13.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ASB shares have decreased by 4.8% and is now trading at $12.69. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Associated Banc.

Associated Banc is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Associated Banc.

Associated Banc will be holding an earnings conference call on Thursday, April 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Associated Banc Corp (NYSE:ASB) announced its quarterly earnings data on Thursday, January, 23rd. The bank reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04. The bank earned $293.08 million during the quarter, compared to analysts' expectations of $297.30 million. Associated Banc had a net margin of 20.79% and a return on equity of 9.17%. During the same period in the previous year, the firm earned $0.51 EPS. View Associated Banc's earnings history.

Associated Banc announced a quarterly dividend on Wednesday, February 5th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.18 per share on Monday, March 16th. This represents a $0.72 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend is Friday, February 28th. View Associated Banc's dividend history.

7 analysts have issued 1-year price targets for Associated Banc's shares. Their forecasts range from $19.00 to $22.00. On average, they expect Associated Banc's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 65.5% from the stock's current price. View analysts' price targets for Associated Banc.

Media coverage about ASB stock has been trending negative on Sunday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Associated Banc earned a news impact score of -2.1 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutAssociated Banc.

Associated Banc saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,090,000 shares, an increase of 27.7% from the February 13th total of 2,420,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is presently 2.5 days. Currently, 2.0% of the company's stock are short sold. View Associated Banc's Current Options Chain.

Some companies that are related to Associated Banc include Ally Financial (ALLY), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), First Financial Bankshares (FFIN), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Glacier Bancorp (GBCI), Popular (BPOP), CVB Financial (CVBF), United Bankshares (UBSI), First Hawaiian (FHB), Bank Ozk (OZK) and Independent Bank (INDB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Associated Banc investors own include Bank of America (BAC), Intelsat (I), Invesco (IVZ), Fossil Group (FOSL), AK Steel (AKS), China Unicom (Hong Kong) (CHU), Exxon Mobil (XOM), AMC Entertainment (AMC), Apollo Global Management (APO) and Caterpillar (CAT).

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

Associated Banc's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (4.07%), State Street Corp (3.44%), Victory Capital Management Inc. (2.34%), Victory Capital Management Inc. (2.29%), FMR LLC (2.27%) and Cramer Rosenthal Mcglynn LLC (1.99%). Company insiders that own Associated Banc stock include Christopher C Piotrowski, David L Stein, John A Utz, John B Williams, John P Hankerd, Judith M Docter, Lith Karen Van, Michael T Crowley Jr, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn, 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 Prudential Financial Inc., State Street Corp, FMR LLC, Cramer Rosenthal Mcglynn LLC, Man Group plc, Mairs & Power INC, Victory Capital Management Inc., and Renaissance Technologies LLC. Company insiders that have sold Associated Banc company stock in the last year include Christopher C Piotrowski, David L Stein, John A Utz, John P Hankerd, Lith Karen Van, Moral-Niles Christopher Del, Philip B Flynn, Tammy C Stadler, and William M Bohn. View insider buying and selling activity for Associated Banc.

ASB stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Alliancebernstein L.P., Heartland Advisors Inc., Pzena Investment Management LLC, Peregrine Capital Management LLC, Bank of New York Mellon Corp, LSV Asset Management, and AQR Capital Management LLC. Company insiders that have bought Associated Banc stock in the last two years include John B Williams, Michael T Crowley Jr, Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn, and William R Hutchinson. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ASB stock can currently be purchased for approximately $12.69.

Associated Banc has a market capitalization of $1.98 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. View additional information about Associated Banc.

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]