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

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$23.02 -1.51 (-6.16 %)

(As of 10/21/2018 04:53 AM ET)

Previous Close$23.02

Today's Range$22.99 - $23.96

52-Week Range$22.99 - $29.02

Volume3.30 million shs

Average Volume1.45 million shs

Market Capitalization$4.22 billion

P/E Ratio15.14

Dividend Yield2.45%

Beta0.95

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

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

SymbolNYSE:ASB

CUSIPN/A

Webwww.associatedbank.com

Phone920-491-7500

Debt

Debt-to-Equity Ratio1.47

Current Ratio0.95

Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio15.14

Forward P/E Ratio11.45

P/E Growth1.74

Sales & Book Value

Annual Sales$1.22 billion

Price / Sales3.25

Cash Flow$2.2135 per share

Price / Cash10.40

Book Value$20.14 per share

Price / Book1.14

Profitability

EPS (Most Recent Fiscal Year)$1.52

Net Income$229.26 million

Net Margins20.53%

Return on Equity9.52%

Return on Assets1.00%

Miscellaneous

Employees4,388

Outstanding Shares172,090,000

Market Cap$4.22 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. Shareholders of record on Tuesday, September 4th will be given a dividend of $0.15 per share on Monday, September 17th. This represents a $0.60 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Friday, August 31st. 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, October, 18th. The bank reported $0.49 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.49. The bank had revenue of $307.69 million for the quarter, compared to the consensus estimate of $321.04 million. Associated Banc had a return on equity of 9.52% and a net margin of 20.53%. During the same period last year, the firm posted $0.34 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, January 24th 2019. View Earnings Estimates for Associated Banc.

What price target have analysts set for ASB?

10 brokers have issued 1 year target prices for Associated Banc's shares. Their forecasts range from $26.00 to $30.00. On average, they expect Associated Banc's share price to reach $27.75 in the next twelve months. This suggests a possible upside of 20.5% 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 9 hold ratings and 1 buy rating 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?

Some companies that are related to Associated Banc include Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), First Citizens BancShares (FCNCA), Popular (BPOP), Prosperity Bancshares (PB), Wintrust Financial (WTFC), Bank Ozk (OZK), Hancock (HBHC), IBERIABANK (IBKC) and Investors Bancorp (ISBC).

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)

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 Dalton Greiner Hartman Maher & Co. (0.55%), Foundry Partners LLC (0.42%), Legacy Private Trust Co. (0.23%), Gateway Investment Advisers LLC (0.21%), Seven Eight Capital LP (0.04%) and Aperio Group LLC (0.04%). 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, 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 major investors are selling Associated Banc stock?

ASB stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Bank of Montreal Can and New England Research & Management Inc.. 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 major investors are buying Associated Banc stock?

ASB stock was acquired by a variety of institutional investors in the last quarter, including Legacy Private Trust Co., Dalton Greiner Hartman Maher & Co., Seven Eight Capital LP, First Hawaiian Bank, Gateway Investment Advisers LLC, WoodTrust Financial Corp, Oakbrook Investments LLC and Aperio Group LLC. Company insiders that have bought Associated Banc stock in the last two years include Moral-Niles Christopher Del, 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 $23.02.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $4.22 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.

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 ( )
Outperform Votes:		179 (Vote Outperform)
Underperform Votes:		272 (Vote Underperform)
Total Votes:		451

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 10/21/2018 by MarketBeat.com Staff

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