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 on-line 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 December 31, 2017, the company operated 213 banking locations serving approximately 100 communities. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ASB
CUSIPN/A
Phone920-491-7500
Debt
Debt-to-Equity Ratio0.91
Current Ratio0.88
Quick Ratio0.87
Price-To-Earnings
Trailing P/E Ratio18.19
Forward P/E Ratio14.04
P/E Growth2
Sales & Book Value
Annual Sales$1.22 billion
Price / Sales3.87
Cash Flow$2.3592 per share
Price / Cash11.72
Book Value$20.80 per share
Price / Book1.33
Profitability
EPS (Most Recent Fiscal Year)$1.52
Net Income$229.26 million
Net Margins18.87%
Return on Equity8.53%
Return on Assets0.88%
Miscellaneous
Employees4,388
Outstanding Shares170,790,000
Who are Associated Banc's major shareholders?
Associated Banc's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.76%), Dimensional Fund Advisors LP (6.94%), Victory Capital Management Inc. (3.00%), JPMorgan Chase & Co. (2.79%), Millennium Management LLC (1.53%) and Associated Banc Corp (1.52%). 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.
