NYSE:ASB - Associated Banc Stock Price, News, Headlines & Rumors

Sign in or create an account to add this stock to your watchlist.
$26.90 -0.40 (-1.47 %)
(As of 08/16/2018 08:00 AM ET)
Previous Close$27.30
Today's Range$26.80 - $27.33
52-Week Range$20.95 - $29.02
Volume965,892 shs
Average Volume1.37 million shs
Market Capitalization$4.65 billion
P/E Ratio17.70
Dividend Yield2.23%
Beta0.94
Associated Banc logoAssociated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota. Its Corporate and Commercial Specialty segment offers deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, as well as full-service, discount, and online investment brokerage; investment advisory services; trust and investment management accounts; and insurance and other related products and services. This segment also engages in the administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services. Its Risk Management and Shared Services segment provides corporate risk management, credit administration, finance, treasury, operations, and technology services. As of March 16, 2018, the company operated 270 banking locations serving approximately 110 communities. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

Receive ASB News and Ratings via Email

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

Industry, Sector and Symbol

Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ASB
CUSIPN/A
Phone920-491-7500

Debt

Debt-to-Equity Ratio1.47
Current Ratio0.95
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio17.70
Forward P/E Ratio13.19
P/E Growth1.89

Sales & Book Value

Annual Sales$1.22 billion
Price / Sales3.80
Cash Flow$2.3514 per share
Price / Cash11.44
Book Value$20.14 per share
Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)$1.52
Net Income$229.26 million
Net Margins20.00%
Return on Equity9.10%
Return on Assets0.95%

Miscellaneous

Employees4,388
Outstanding Shares172,090,000
Market Cap$4.65 billion

Associated Banc (NYSE:ASB) Frequently Asked Questions

What is Associated Banc's stock symbol?

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

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

Associated Banc declared a quarterly dividend on Wednesday, July 25th. Stockholders of record on Tuesday, September 4th will be paid a dividend of $0.15 per share on Monday, September 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Friday, August 31st. View Associated Banc's Dividend History.

How were Associated Banc's earnings last quarter?

Associated Banc Corp (NYSE:ASB) announced its quarterly earnings results on Thursday, July, 19th. The bank reported $0.53 EPS for the quarter, beating the consensus estimate of $0.48 by $0.05. The bank earned $319.20 million during the quarter, compared to the consensus estimate of $316.63 million. Associated Banc had a net margin of 20.00% and a return on equity of 9.10%. During the same quarter in the previous year, the company earned $0.36 earnings per share. View Associated Banc's Earnings History.

When is Associated Banc's next earnings date?

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

What price target have analysts set for ASB?

10 analysts have issued twelve-month target prices for Associated Banc's stock. Their predictions range from $26.00 to $30.00. On average, they anticipate Associated Banc's stock price to reach $27.7778 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Associated Banc.

What is the consensus analysts' recommendation for Associated Banc?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Associated Banc.

Who are some of Associated Banc's key competitors?

Who are Associated Banc's key executives?

Associated Banc's management team includes the folowing people:
  • Mr. Philip B. Flynn, Pres, CEO & Director (Age 61)
  • Mr. Christopher J. Del Moral-Niles CFA, Exec. VP & CFO (Age 47)
  • Mr. Randall J. Erickson, Exec. VP, Gen. Counsel & Corp. Sec. (Age 59)
  • Mr. David L. Stein, Exec. VP and Head of Consumer & Bus. Banking (Age 55)
  • Mr. John A. Utz, EVP, Head of Corp. Banking & Milwaukee Market Pres (Age 50)

Has Associated Banc been receiving favorable news coverage?

News articles about ASB stock have trended somewhat positive on Thursday, according to Accern. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Associated Banc earned a daily sentiment score of 0.14 on Accern's scale. They also gave press coverage about the bank an impact score of 47.78 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Associated Banc.

Who are Associated Banc's major shareholders?

Associated Banc's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.48%), Dimensional Fund Advisors LP (6.22%), Victory Capital Management Inc. (2.92%), Bank of New York Mellon Corp (2.17%), Citadel Advisors LLC (2.12%) and Millennium Management LLC (2.03%). 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 B Williams, 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.

Which institutional investors are selling Associated Banc stock?

ASB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, Maltese Capital Management LLC, BlackRock Inc., Point72 Asset Management L.P., Citadel Advisors LLC, First Trust Advisors LP and MetLife Investment Advisors 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.

Which institutional investors are buying Associated Banc stock?

ASB stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, BNP Paribas Arbitrage SA, Natixis, Associated Banc Corp, Soros Fund Management LLC, Castleark Management LLC, WBI Investments Inc. and Chicago Equity Partners LLC. View Insider Buying and Selling for Associated Banc.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $26.90.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $4.65 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.

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 or via email at [email protected]


MarketBeat Community Rating for Associated Banc (NYSE ASB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  425
MarketBeat's community ratings are surveys of what our community members think about Associated Banc and other stocks. Vote "Outperform" if you believe ASB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/16/2018 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.