Associated Banc Corp Company Profile (NYSE:ASB)

About Associated Banc Corp (NYSE:ASB)

Associated Banc Corp logoAssociated Banc-Corp is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (the Bank) and various nonbanking subsidiaries, provides a range of banking and non-banking products and services to individuals. The Company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment consists of lending and deposit solutions to businesses, developers, not-for-profits, municipalities and financial institutions. The Corporate and Commercial Specialty segment consists of lending and deposit solutions to businesses, developers, not-for-profits, municipalities and financial institutions. The Risk Management and Shared Services segment includes Corporate Risk Management, Credit Administration, Finance, Treasury, Operations and Technology, which are shared functions.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $3.91978 billion
  • Outstanding Shares: 151,646,000
Average Prices:
  • 50 Day Moving Avg: $23.59
  • 200 Day Moving Avg: $24.00
  • 52 Week Range: $19.45 - $26.70
P/E:
  • Trailing P/E Ratio: 18.63
  • Foreward P/E Ratio: 16.50
  • P/E Growth: 2.81
Sales & Book Value:
  • Annual Revenue: $1.02 billion
  • Price / Sales: 3.85
  • Book Value: $19.99 per share
  • Price / Book: 1.30
Dividend:
  • Annual Dividend: $0.48
  • Dividend Yield: 1.9%
Profitability:
  • Net Margins: 23.55%
  • Return on Equity: 8.27%
  • Return on Assets: 0.87%
Debt:
  • Debt-to-Equity Ratio: 1.08%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.91%
Misc:
  • Average Volume: 1.05 million shs.
  • Beta: 1.2
  • Short Ratio: 2.95
 

Frequently Asked Questions for Associated Banc Corp (NYSE:ASB)

What is Associated Banc Corp's stock symbol?

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

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

Associated Banc Corp declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.12 per share on Friday, September 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Wednesday, August 30th. View Associated Banc Corp's Dividend History.

How were Associated Banc Corp's earnings last quarter?

Associated Banc Corp (NYSE:ASB) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The company had revenue of $276.02 million for the quarter, compared to analysts' expectations of $276.88 million. Associated Banc Corp had a return on equity of 8.27% and a net margin of 23.55%. During the same period last year, the company earned $0.31 earnings per share. View Associated Banc Corp's Earnings History.

When will Associated Banc Corp make its next earnings announcement?

Associated Banc Corp is scheduled to release their next quarterly earnings announcement on Thursday, January, 18th 2018. View Earnings Estimates for Associated Banc Corp.

Where is Associated Banc Corp's stock going? Where will Associated Banc Corp's stock price be in 2017?

11 analysts have issued 12 month target prices for Associated Banc Corp's shares. Their predictions range from $21.00 to $28.00. On average, they expect Associated Banc Corp's share price to reach $25.40 in the next year. View Analyst Ratings for Associated Banc Corp.

Who are some of Associated Banc Corp's key competitors?

Who are Associated Banc Corp's key executives?

Associated Banc Corp's management team includes the folowing people:

  • William R. Hutchinson, Independent Chairman of the Board
  • Philip B. Flynn, President, Chief Executive Officer, Director
  • Christopher J. Del Moral-Niles, Chief Financial Officer, Executive Vice President
  • Breck Hanson, Vice Chairman of Associated Bank
  • Judith M. Docter, Chief Human Resources Officer, Executive Vice President of the Company and Associated Bank
  • Tammy C. Stadler, Executive Vice President, Principal Accounting Officer, Corporate Controller
  • Christopher C. Piotrowski, Executive Vice President, Chief Marketing Officer of Associated and Associated Bank
  • Randall J. Erickson, Executive Vice President, General Counsel, Corporate Secretary of the Company and Associated Bank
  • William M. Bohn, Executive Vice President, Head- Private Client and Institutional Services
  • Patrick J. Derpinghaus, Executive Vice President and Chief Audit Executive of the Company and Associated Bank

Who owns Associated Banc Corp stock?

Associated Banc Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Treasurer State of Michigan (0.04%), Oakbrook Investments LLC (0.01%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Associated Banc Corp stock include Breck F Hanson, Christopher C Piotrowski, David L Stein, Eileen A Kamerick, James Yee, John A Utz, John B Williams, Judith M Docter, Moral-Niles Christopher Del, Philip B Flynn, Robert A Jeffe, Scott Hickey, Timothy J Lau, William M Bohn and William R Hutchinson. View Institutional Ownership Trends for Associated Banc Corp.

Who sold Associated Banc Corp stock? Who is selling Associated Banc Corp stock?

Associated Banc Corp's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Associated Banc Corp stock in the last year include Breck F Hanson, Christopher C Piotrowski, David L Stein, Eileen A Kamerick, James Yee, John A Utz, Judith M Docter, Moral-Niles Christopher Del, Philip B Flynn, Robert A Jeffe, Scott Hickey and William M Bohn. View Insider Buying and Selling for Associated Banc Corp.

Who bought Associated Banc Corp stock? Who is buying Associated Banc Corp stock?

Associated Banc Corp's stock was purchased by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC and Meeder Asset Management Inc.. View Insider Buying and Selling for Associated Banc Corp.

How do I buy Associated Banc Corp stock?

Shares of Associated Banc Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Associated Banc Corp's stock price today?

One share of Associated Banc Corp stock can currently be purchased for approximately $25.90.


MarketBeat Community Rating for Associated Banc Corp (NYSE ASB)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  305
MarketBeat's community ratings are surveys of what our community members think about Associated Banc Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Associated Banc Corp (NYSE:ASB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 11 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $25.40 (1.93% downside)
Consensus Price Target History for Associated Banc Corp (NYSE:ASB)
Price Target History for Associated Banc Corp (NYSE:ASB)
Analysts' Ratings History for Associated Banc Corp (NYSE:ASB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/21/2017SunTrust Banks, Inc.Set Price TargetHold$26.00N/AView Rating Details
10/12/2017Jefferies Group LLCReiterated RatingHold$28.00N/AView Rating Details
10/1/2017Robert W. BairdReiterated RatingHold$25.00MediumView Rating Details
9/22/2017Keefe, Bruyette & WoodsReiterated RatingHold -> NeutralLowView Rating Details
9/6/2017DA DavidsonUpgradeUnderperform -> Neutral$21.00LowView Rating Details
7/22/2017Piper Jaffray CompaniesSet Price TargetHold$25.00LowView Rating Details
7/7/2017Royal Bank Of CanadaReiterated RatingHold$26.00LowView Rating Details
7/6/2017Morgan StanleyReiterated RatingEqual Weight$24.00 -> $25.00LowView Rating Details
2/2/2017JMP SecuritiesInitiated CoverageMarket PerformN/AView Rating Details
1/20/2017Barclays PLCBoost Price TargetEqual Weight$26.00N/AView Rating Details
12/15/2016Bank of America CorporationUpgradeUnderperform -> Neutral$20.00 -> $26.00N/AView Rating Details
10/11/2016Deutsche Bank AGBoost Price TargetBuy$20.00 -> $22.00N/AView Rating Details
4/1/2016MacquarieDowngradeNeutral -> Underperform$18.00 -> $16.00N/AView Rating Details
1/12/2016StephensInitiated CoverageEqual WeightN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Associated Banc Corp (NYSE:ASB)
Earnings by Quarter for Associated Banc Corp (NYSE:ASB)
Earnings History by Quarter for Associated Banc Corp (NYSE ASB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/17/2018$0.36N/AView Earnings Details
10/19/2017Q3 2017$0.36$0.41$276.88 million$276.02 millionViewN/AView Earnings Details
7/20/2017Q2 2017$0.36$0.36$273.29 million$266.23 millionViewN/AView Earnings Details
4/20/2017Q1 2017$0.32$0.35$266.24 million$260.11 millionViewN/AView Earnings Details
1/19/2017Q416$0.32$0.34$268.78 million$272.32 millionViewN/AView Earnings Details
10/20/2016Q316$0.32$0.34$267.44 million$273.77 millionViewListenView Earnings Details
7/21/2016Q216$0.31$0.31$260.18 million$258.89 millionViewListenView Earnings Details
4/21/2016Q116$0.28$0.27$258.10 million$255.18 millionViewListenView Earnings Details
1/21/2016Q415$0.27$0.27$253.65 million$253.36 millionViewListenView Earnings Details
10/15/2015Q315$0.30$0.31$251.97 million$250.43 millionViewListenView Earnings Details
7/16/2015Q215$0.31$0.31$254.12 million$253.01 millionViewListenView Earnings Details
4/16/2015Q115$0.29$0.30$248.08 million$247.89 millionViewN/AView Earnings Details
1/22/2015Q414$0.30$0.31$250.09 million$230.23 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Associated Banc Corp (NYSE:ASB)
2017 EPS Consensus Estimate: $1.37
2018 EPS Consensus Estimate: $1.55
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.30$0.33$0.31
Q2 20173$0.35$0.36$0.36
Q3 20173$0.34$0.37$0.36
Q4 20173$0.27$0.38$0.34
Q1 20182$0.28$0.37$0.33
Q2 20182$0.39$0.39$0.39
Q3 20182$0.40$0.42$0.41
Q4 20182$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Associated Banc Corp (NYSE:ASB)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.48
Dividend Yield:1.85%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:32.88% (Trailing 12 Months of Earnings)
32.88% (Based on This Year's Estimates)
30.57% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Associated Banc Corp (NYSE:ASB)

Dividend History by Quarter for Associated Banc Corp (NYSE ASB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017quarterly$0.122.08%8/30/20179/1/20179/15/2017
4/26/2017quarterly$0.121.88%5/30/20176/1/20176/15/2017
2/8/2017quarterly$0.121.92%2/27/20173/1/20173/15/2017
10/26/2016quarterly$0.122.42%11/29/201612/1/201612/15/2016
7/27/2016quarterly$0.112.36%8/30/20169/1/20169/15/2016
4/27/2016quarterly$0.112.41%5/27/20166/1/20166/15/2016
2/3/2016quarterly$0.112.56%2/26/20163/1/20163/15/2016
10/21/2015quarterly$0.112.38%11/27/201512/1/201512/15/2015
7/22/2015quarterly$0.101.96%8/28/20159/1/20159/15/2015
4/22/2015quarterly$0.102.14%5/28/20156/1/20156/15/2015
2/5/2015quarterly$0.102.23%2/26/20153/2/20153/16/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Associated Banc Corp (NYSE:ASB)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 77.47%
Insider Trades by Quarter for Associated Banc Corp (NYSE:ASB)
Institutional Ownership by Quarter for Associated Banc Corp (NYSE:ASB)
Insider Trades by Quarter for Associated Banc Corp (NYSE:ASB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2017Christopher C PiotrowskiInsiderSell16,218$23.55$381,933.90View SEC Filing  
8/3/2017Eileen A KamerickDirectorSell4,500$23.57$106,065.00View SEC Filing  
7/31/2017John A UtzInsiderSell8,054$23.62$190,235.48View SEC Filing  
7/31/2017Philip B FlynnCEOSell10,000$23.61$236,100.00View SEC Filing  
5/1/2017Philip B FlynnCEOSell10,000$24.81$248,100.00View SEC Filing  
4/28/2017David L SteinInsiderSell8,000$25.11$200,880.00View SEC Filing  
4/25/2017James YeeInsiderSell2,330$25.46$59,321.80View SEC Filing  
3/10/2017Breck F HansonInsiderSell30,913$25.13$776,843.69View SEC Filing  
3/1/2017John A UtzInsiderSell8,000$26.27$210,160.00View SEC Filing  
2/23/2017Judith M DocterInsiderSell16,124$26.02$419,546.48View SEC Filing  
2/17/2017Philip B FlynnCEOSell208,214$26.05$5,423,974.70View SEC Filing  
2/15/2017Judith M DocterInsiderSell20,000$26.30$526,000.00View SEC Filing  
2/15/2017Moral-Niles Christopher DelCFOSell11,466$26.27$301,211.82View SEC Filing  
2/8/2017James YeeInsiderSell8,599$25.15$216,264.85View SEC Filing  
2/3/2017David L SteinInsiderSell8,000$25.04$200,320.00View SEC Filing  
2/1/2017David L SteinInsiderSell18,500$25.06$463,610.00View SEC Filing  
1/30/2017Philip B FlynnCEOSell10,000$25.00$250,000.00View SEC Filing  
1/26/2017Scott HickeyInsiderSell14,252$25.65$365,563.80View SEC Filing  
1/24/2017Scott HickeyInsiderSell44,616$25.31$1,129,230.96View SEC Filing  
12/13/2016Robert A JeffeDirectorSell17,000$24.76$420,920.00View SEC Filing  
12/9/2016Judith M DocterInsiderSell24,500$25.00$612,500.00View SEC Filing  
12/7/2016James YeeInsiderSell4,660$24.10$112,306.00View SEC Filing  
12/6/2016James YeeInsiderSell9,716$23.61$229,394.76View SEC Filing  
11/30/2016David L SteinInsiderSell7,000$22.77$159,390.00View SEC Filing  
11/28/2016William M BohnInsiderSell5,000$22.53$112,650.00View SEC Filing  
11/7/2016Breck F HansonInsiderSell4,989$20.19$100,727.91View SEC Filing  
11/1/2016John A UtzInsiderSell16,533$20.05$331,486.65View SEC Filing  
10/31/2016James YeeInsiderSell4,350$20.13$87,565.50View SEC Filing  
10/31/2016Philip B FlynnCEOSell10,000$19.86$198,600.00View SEC Filing  
9/8/2016John B WilliamsDirectorBuy2,000$19.85$39,700.00View SEC Filing  
9/7/2016John A UtzInsiderSell2,000$19.54$39,080.00View SEC Filing  
9/7/2016Moral-Niles Christopher DelCFOSell4,814$19.57$94,209.98View SEC Filing  
8/5/2016James YeeInsiderSell9,983$19.19$191,573.77View SEC Filing  
8/1/2016Philip B FlynnCEOSell10,000$18.61$186,100.00View SEC Filing  
7/29/2016John A UtzInsiderSell2,500$18.75$46,875.00View SEC Filing  
7/28/2016Judith M DocterInsiderSell8,000$18.66$149,280.00View SEC Filing  
7/25/2016Moral-Niles Christopher DelCFOSell8,052$18.55$149,364.60View SEC Filing  
6/13/2016Moral-Niles Christopher DelCFOSell5,000$17.87$89,350.00View SEC Filing  
6/2/2016John A UtzEVPSell6,000$18.80$112,800.00View SEC Filing  
5/31/2016William R HutchinsonDirectorSell5,782$18.61$107,603.02View SEC Filing  
5/27/2016William M BohnEVPSell11,835$18.68$221,077.80View SEC Filing  
5/25/2016Judith M DocterEVPSell8,000$18.84$150,720.00View SEC Filing  
5/25/2016Scott HickeyInsiderSell12,473$18.86$235,240.78View SEC Filing  
5/18/2016John A UtzEVPSell3,000$18.05$54,150.00View SEC Filing  
4/27/2016Timothy J LauEVPSell3,000$18.36$55,080.00View SEC Filing  
11/24/2015Moral-Niles Christopher DelCFOSell3,947$20.61$81,347.67View SEC Filing  
10/22/2015David L SteinEVPSell6,600$18.79$124,014.00View SEC Filing  
10/19/2015Philip B FlynnCEOSell10,000$18.53$185,300.00View SEC Filing  
7/22/2015William M BohnEVPSell10,000$20.43$204,300.00View SEC Filing  
7/20/2015Philip B FlynnCEOSell10,000$20.02$200,200.00View SEC Filing  
6/11/2015Judith M DocterEVPSell7,000$20.38$142,660.00View SEC Filing  
6/5/2015Judith M DocterEVPSell10,000$19.44$194,400.00View SEC Filing  
5/14/2015James YeeEVPSell19,656$19.21$377,591.76View SEC Filing  
5/11/2015James YeeEVPSell20,268$19.00$385,092.00View SEC Filing  
4/23/2015David L SteinEVPSell6,500$18.85$122,525.00View SEC Filing  
4/23/2015William R HutchinsonDirectorSell11,466$18.85$216,134.10View SEC Filing  
4/20/2015Philip B FlynnCEOSell10,000$18.62$186,200.00View SEC Filing  
3/25/2015Timothy J LauEVPSell15,000$18.35$275,250.00View SEC Filing  
3/9/2015John A UtzEVPSell36,664$18.58$681,217.12View SEC Filing  
3/6/2015Scott HickeyInsiderSell20,000$18.48$369,600.00View SEC Filing  
1/28/2015Philip B FlynnCEOSell10,000$17.23$172,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Associated Banc Corp (NYSE:ASB)
Latest Headlines for Associated Banc Corp (NYSE:ASB)
Source:
Loading headlines, please wait.

Social

Chart

Associated Banc Corp (ASB) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.