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

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$23.24 +0.55 (+2.42 %)
(As of 02/17/2019 02:39 PM ET)
Previous Close$23.24
Today's Range$22.84 - $23.33
52-Week Range$18.53 - $29.02
Volume1.02 million shs
Average Volume1.46 million shs
Market Capitalization$3.85 billion
P/E Ratio11.45
Dividend Yield3.00%
Beta1.09
Associated 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.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:ASBC
CUSIPN/A
Phone920-491-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.51 billion
Cash Flow$2.2476 per share
Book Value$21.26 per share

Profitability

Net Income$333.56 million

Miscellaneous

Employees4,388
Market Cap$3.85 billion
OptionableOptionable

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 announced a quarterly dividend on Wednesday, February 6th. Investors of record on Friday, March 1st will be given a dividend of $0.17 per share on Friday, March 15th. This represents a $0.68 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Thursday, February 28th. View Associated Banc's Dividend History.

How were Associated Banc's earnings last quarter?

Associated Banc Corp (NYSE:ASB) released its quarterly earnings data on Thursday, January, 24th. The bank reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. The bank earned $308 million during the quarter, compared to analyst estimates of $311.13 million. Associated Banc had a net margin of 22.09% and a return on equity of 9.79%. During the same quarter in the previous year, the business earned $0.31 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, April 18th 2019. View Earnings Estimates for Associated Banc.

What price target have analysts set for ASB?

10 equities research analysts have issued 1-year price targets for Associated Banc's stock. Their predictions range from $21.00 to $27.00. On average, they anticipate Associated Banc's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 7.6% 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 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Associated Banc.

Has Associated Banc been receiving favorable news coverage?

Media headlines about ASB stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Associated Banc earned a news impact score of -2.8 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

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 62)
  • Mr. Christopher J. Del Moral-Niles CFA, Exec. VP & CFO (Age 48)
  • Mr. Randall J. Erickson, Exec. VP, Gen. Counsel & Corp. Sec. (Age 60)
  • Mr. David L. Stein, Madison Market Pres of Associated Bank (Age 56)
  • Mr. John A. Utz, EVP, Head of Corp. Banking & Milwaukee Market Pres (Age 51)

Who are Associated Banc's major shareholders?

Associated Banc's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.19%), Dimensional Fund Advisors LP (6.47%), Victory Capital Management Inc. (2.54%), Bank of New York Mellon Corp (2.16%), Millennium Management LLC (1.74%) and Mairs & Power INC (1.56%). 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, 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 Millennium Management LLC, Victory Capital Management Inc., Mackenzie Financial Corp, Citigroup Inc., Bank of Nova Scotia, Boston Advisors LLC, Bank of New York Mellon Corp and Chicago Equity Partners LLC. Company insiders that have sold Associated Banc company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Squarepoint Ops LLC, Dimensional Fund Advisors LP, LSV Asset Management, BlackRock Inc., Canada Pension Plan Investment Board, Rhumbline Advisers and D. E. Shaw & Co. Inc.. Company insiders that have bought Associated Banc stock in the last two years include Moral-Niles Christopher Del, Nicole M Kitowski, Philip B Flynn and William R Hutchinson. 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 $23.24.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $3.85 billion and generates $1.51 billion in revenue each year. The bank earns $333.56 million in net income (profit) each year or $2.03 on an earnings per share basis. Associated Banc employs 4,388 workers across the globe.

What is Associated Banc's official website?

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

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:  192 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  477
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 2/17/2019 by MarketBeat.com Staff

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