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:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:ASB
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.68 billion
  • Outstanding Shares: 151,468,000
Average Prices:
  • 50 Day Moving Avg: $24.59
  • 200 Day Moving Avg: $24.53
  • 52 Week Range: $15.72 - $26.70
  • Trailing P/E Ratio: 18.13
  • Foreward P/E Ratio: 15.19
  • P/E Growth: 1.86
Sales & Book Value:
  • Annual Revenue: $1.01 billion
  • Price / Sales: 3.64
  • Book Value: $19.71 per share
  • Price / Book: 1.23
  • Annual Dividend: $0.48
  • Dividend Yield: 2.0%
  • Net Margins: 17.31%
  • Return on Equity: 6.81%
  • Return on Assets: 0.69%
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.88%
  • Average Volume: 899,255 shs.
  • Beta: 1.18
  • Short Ratio: 4.72

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, April 26th. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.12 per share on Thursday, June 15th. This represents a $0.48 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Tuesday, May 30th. View Associated Banc Corp's Dividend History.

How were Associated Banc Corp's earnings last quarter?

Associated Banc Corp (NYSE:ASB) released its quarterly earnings data on Thursday, April, 20th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03. The business earned $260.11 million during the quarter, compared to the consensus estimate of $266.24 million. Associated Banc Corp had a return on equity of 6.81% and a net margin of 17.31%. During the same period in the previous year, the firm earned $0.27 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 Wednesday, July, 19th 2017. 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?

9 analysts have issued twelve-month price targets for Associated Banc Corp's shares. Their forecasts range from $18.00 to $27.00. On average, they expect Associated Banc Corp's share price to reach $24.31 in the next twelve months. 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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.00%), FMR LLC (0.00%), Dimensional Fund Advisors LP (0.00%), State Street Corp (4.48%), Victory Capital Management Inc. (0.00%) and JPMorgan Chase & Co. (0.00%). Company insiders that own Associated Banc Corp stock include Breck F Hanson, David L Stein, 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 Columbia Wanger Asset Management LLC, FMR LLC, Dimensional Fund Advisors LP, Heartland Advisors Inc., JPMorgan Chase & Co., OppenheimerFunds Inc., Citadel Advisors LLC and First Trust Advisors LP. Company insiders that have sold Associated Banc Corp stock in the last year include Breck F Hanson, David L Stein, James Yee, John A Utz, Judith M Docter, Moral-Niles Christopher Del, Philip B Flynn, Robert A Jeffe, Scott Hickey, William M Bohn and William R Hutchinson. 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 acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Vanguard Group Inc., State Street Corp, First Quadrant L P CA, Victory Capital Management Inc., Morgan Stanley, Renaissance Technologies LLC and Alliancebernstein L.P.. 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 $24.30.

MarketBeat Community Rating for Associated Banc Corp (NYSE ASB)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  182
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) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $24.31 (0.05% upside)

Analysts' Ratings History for Associated Banc Corp (NYSE:ASB)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/4/2017Jefferies Group LLCReiterated RatingHold$27.00LowView Rating Details
3/29/2017SunTrust Banks, Inc.UpgradeHold -> BuyLowView Rating Details
3/23/2017Keefe, Bruyette & WoodsReiterated RatingHold$24.00LowView Rating Details
2/2/2017JMP SecuritiesInitiated CoverageMarket PerformN/AView Rating Details
1/20/2017Barclays PLCBoost Price TargetEqual Weight$26.00N/AView Rating Details
1/12/2017Piper Jaffray CompaniesInitiated CoverageNeutral$25.50N/AView Rating Details
12/15/2016Bank of America CorpUpgradeUnderperform -> Neutral$20.00 -> $26.00N/AView Rating Details
10/11/2016Deutsche Bank AGBoost Price TargetBuy$20.00 -> $22.00N/AView Rating Details
10/3/2016DA DavidsonInitiated CoverageUnderperform$18.00N/AView Rating Details
4/1/2016MacquarieDowngradeNeutral -> Underperform$18.00 -> $16.00N/AView Rating Details
1/22/2016Royal Bank of CanadaLower Price TargetSector Perform$20.00 -> $19.00N/AView Rating Details
1/12/2016StephensInitiated CoverageEqual WeightN/AView Rating Details
(Data available from 5/29/2015 forward)


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
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)


Earnings Estimates for Associated Banc Corp (NYSE:ASB)
2017 EPS Consensus Estimate: $1.42
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.30$0.33$0.31
Q2 20173$0.34$0.36$0.35
Q3 20173$0.37$0.38$0.38
Q4 20173$0.37$0.38$0.38
Q1 20181$0.35$0.35$0.35
Q2 20181$0.39$0.39$0.39
Q3 20181$0.42$0.42$0.42
(Data provided by Zacks Investment Research)


Current Dividend Information for Associated Banc Corp (NYSE:ASB)
Next Dividend:6/15/2017
Annual Dividend:$0.48
Dividend Yield:1.98%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:38.10% (Trailing 12 Months of Earnings)
33.10% (Based on This Year's Estimates)
30.00% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Associated Banc Corp (NYSE:ASB)
Insider Ownership Percentage: 2.09%
Institutional Ownership Percentage: 75.96%
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
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)


Headline Trends for Associated Banc Corp (NYSE:ASB)
Latest Headlines for Associated Banc Corp (NYSE:ASB)
DateHeadline logoAssociated Banc Corp (ASB) Expected to Announce Quarterly Sales of $273.21 Million - May 28 at 10:44 AM logoAssociated Banc Corp (ASB) Expected to Announce Earnings of $0.36 Per Share - May 26 at 8:12 AM logoETFs with exposure to Associated Banc-Corp. : May 18, 2017 - May 18 at 3:38 PM logoAssociated Banc-Corp. breached its 50 day moving average in a Bearish Manner : ASB-US : May 18, 2017 - May 18 at 12:05 PM logoAssociated Banc Corp (ASB) Given Consensus Rating of "Hold" by Brokerages - May 5 at 10:10 AM logo$273.21 Million in Sales Expected for Associated Banc Corp (ASB) This Quarter - May 4 at 11:30 AM logoAssociated Banc Corp (ASB) Given Daily News Impact Rating of 0.10 - May 3 at 7:24 PM logoHow These Banking Stocks are Faring? -- Associated Banc-Corp, Old National Bancorp, PrivateBancorp, and Commerce Bancshares - May 3 at 3:43 PM logoAssociated Bank's Contact Centers certified again by J.D. Power - May 3 at 3:43 PM logoETFs with exposure to Associated Banc-Corp. : May 2, 2017 - May 3 at 10:13 AM logoPhilip B. Flynn Sells 10,000 Shares of Associated Banc Corp (ASB) Stock - May 2 at 9:54 PM logo$0.36 Earnings Per Share Expected for Associated Banc Corp (ASB) This Quarter - May 2 at 7:58 PM logoJefferies Group Comments on Associated Banc Corp's FY2017 Earnings (ASB) - May 2 at 12:04 PM logoDavid L. Stein Sells 8,000 Shares of Associated Banc Corp (ASB) Stock - May 1 at 8:24 PM logoAssociated Banc-Corp. :ASB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017 - May 1 at 3:39 PM logoAssociated Banc Corp (ASB) Earning Somewhat Positive News Coverage, Study Finds - April 30 at 12:27 PM logoAssociated Banc Corp (ASB) Earns Daily News Sentiment Rating of 0.02 - April 27 at 9:28 AM logoInsider Selling: Associated Banc Corp (ASB) Insider Sells 2,330 Shares of Stock - April 26 at 9:10 PM logoAssociated Banc Corp Declares Quarterly Dividend of $0.12 (ASB) - April 26 at 6:16 PM logoAssociated Banc-Corp Announces Annual Meeting Results and Quarterly Dividends - April 26 at 9:37 AM logoAssociated Banc Corp (ASB) Getting Somewhat Favorable Media Coverage, Study Finds - April 24 at 5:18 PM logoAssociated Banc-Corp. breached its 50 day moving average in a Bullish Manner : ASB-US : April 24, 2017 - April 24 at 10:33 AM logoFY2017 Earnings Estimate for Associated Banc Corp Issued By DA Davidson (ASB) - April 24 at 9:38 AM logoEdited Transcript of ASB earnings conference call or presentation 20-Apr-17 9:00pm GMT - April 21 at 3:42 PM logoAssociated Banc-Corp (ASB) Q1 Earnings Beat, Revenues Miss - April 21 at 3:42 PM logoAssociated Banc Corp (ASB) Announces Quarterly Earnings Results - April 20 at 9:36 PM logoAssociated Bank reports rise in profits for first quarter - April 20 at 8:44 PM logoAssociated Banc Corp (ASB) Receiving Somewhat Critical Media Coverage, AlphaOne Reports - April 20 at 8:29 AM logoFannie Mae recognizes Associated Bank as STAR™ Performer for mortgage servicing excellence for fifth year - April 18 at 3:34 PM logoAssociated Banc Corp (ASB) Set to Announce Quarterly Earnings on Thursday - April 18 at 7:34 AM logoAssociated Banc Corp (ASB) Given Daily Coverage Optimism Score of -0.12 - April 15 at 9:45 AM logoMinnesota Wild® fans invited to celebrate team's success through Associated Bank's Ultimate Wild Fan Program - April 13 at 3:50 PM logoQ4 2017 EPS Estimates for Associated Banc Corp Reduced by Analyst (ASB) - April 13 at 12:12 PM logo Brokerages Expect Associated Banc Corp (ASB) to Announce $0.31 Earnings Per Share - April 11 at 4:15 PM logoAssociated Banc Corp (ASB) Given Average Recommendation of "Hold" by Analysts - April 10 at 9:55 AM logoAssociated Banc Corp (ASB) Lowered to Hold at Zacks Investment Research - April 7 at 8:04 PM logo"Hits for Homes" returns to Miller Park this baseball season - April 7 at 8:06 AM logoAssociated Banc Corp's (ASB) "Hold" Rating Reaffirmed at Jefferies Group LLC - April 4 at 9:30 AM logoAssociated Banc Corp (ASB) Lifted to Buy at SunTrust Banks, Inc. - March 29 at 5:55 PM logoASSOCIATED BANC-CORP Files SEC form 8-K, Other Events - March 28 at 10:42 AM logoLast chance for fans to score Opening Day tickets through Associated Bank's partnership with Milwaukee Brewers™ - March 23 at 4:06 PM logoAssociated Banc Corp (ASB) Receives "Hold" Rating from Keefe, Bruyette & Woods - March 23 at 11:38 AM logoAssociated Banc-Corp (ASB) Ups Prime Rate to 4% - - March 15 at 8:53 PM logoPrivateBancorp Delays Meeting: Will CIBC Raise Bid Price? - March 8 at 4:16 PM logoEx-Dividend Reminder: United Fire Group, Old National Bancorp and Associated Banc-Corp - Nasdaq - February 23 at 3:42 PM logoWhy Is Associated Banc-Corp (ASB) Up 7.8% Since the Last Earnings Report? - Nasdaq - February 22 at 8:39 PM logoInteresting ASB Put And Call Options For April 21st - February 21 at 3:55 PM logoWhy Associated Banc-Corp (ASB) Stock Might be a Great Pick - February 2 at 3:42 PM logoDental supply collection at Xcel Energy Center set for Minnesota Wild game on Feb. 8 - February 2 at 3:42 PM logoPost Earnings Coverage as Associated Banc-Corp's Q4 Rose 26%; Beat Estimates - January 26 at 4:00 PM



Associated Banc Corp (ASB) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff