About Associated Banc Corp (NYSE:ASB)
Associated 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:
- Market Cap: $3.91978 billion
- Outstanding Shares: 151,646,000
- 50 Day Moving Avg: $23.59
- 200 Day Moving Avg: $24.00
- 52 Week Range: $19.45 - $26.70
Sales & Book Value:
- Trailing P/E Ratio: 18.63
- Foreward P/E Ratio: 16.50
- P/E Growth: 2.81
- Annual Revenue: $1.02 billion
- Price / Sales: 3.85
- Book Value: $19.99 per share
- Price / Book: 1.30
- Annual Dividend: $0.48
- Dividend Yield: 1.9%
- Net Margins: 23.55%
- Return on Equity: 8.27%
- Return on Assets: 0.87%
- Debt-to-Equity Ratio: 1.08%
- Current Ratio: 0.91%
- Quick Ratio: 0.91%
- Average Volume: 1.05 million shs.
- Beta: 1.2
- Short Ratio: 2.95
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, July 26th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.12 per share on Friday, September 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Wednesday, August 30th. View Associated Banc Corp's Dividend History.
How were Associated Banc Corp's earnings last quarter?
Associated Banc Corp (NYSE:ASB) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The company had revenue of $276.02 million for the quarter, compared to analysts' expectations of $276.88 million. Associated Banc Corp had a return on equity of 8.27% and a net margin of 23.55%. During the same period last year, the company earned $0.31 earnings per share. View Associated Banc Corp's Earnings History.
When will Associated Banc Corp make its next earnings announcement?
Where is Associated Banc Corp's stock going? Where will Associated Banc Corp's stock price be in 2017?
11 analysts have issued 12 month target prices for Associated Banc Corp's shares. Their predictions range from $21.00 to $28.00. On average, they expect Associated Banc Corp's share price to reach $25.40 in the next year. View Analyst Ratings for Associated Banc Corp.
Who are some of Associated Banc Corp's key competitors?
Some companies that are related to Associated Banc Corp include BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), Prosperity Bancshares (PB), F.N.B. Corporation (FNB), Hancock Holding Company (HBHC), Texas Capital Bancshares (TCBI), First Hawaiian (FHB), Home BancShares (HOMB), IBERIABANK Corporation (IBKC), MB Financial (MBFI), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Sterling Bancorp (STL), Fulton Financial Corporation (FULT), First Financial Bankshares (FFIN) and Columbia Banking System (COLB).
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 a number of of retail and institutional investors. Top institutional investors include State Treasurer State of Michigan (0.04%), Oakbrook Investments LLC (0.01%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Associated Banc Corp stock include Breck F Hanson, Christopher C Piotrowski, David L Stein, Eileen A Kamerick, 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 State Treasurer State of Michigan. Company insiders that have sold Associated Banc Corp stock in the last year include Breck F Hanson, Christopher C Piotrowski, David L Stein, Eileen A Kamerick, James Yee, John A Utz, Judith M Docter, Moral-Niles Christopher Del, Philip B Flynn, Robert A Jeffe, Scott Hickey and William M Bohn. View Insider Buying and Selling for Associated Banc Corp.
Who bought Associated Banc Corp stock? Who is buying Associated Banc Corp stock?
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?
MarketBeat Community Rating for Associated Banc Corp (NYSE ASB)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.
One share of Associated Banc Corp stock can currently be purchased for approximately $25.90.
Consensus Ratings for Associated Banc Corp (NYSE:ASB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||11 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$25.40 (1.93% downside)|Consensus Price Target History for Associated Banc Corp (NYSE:ASB)
Analysts' Ratings History for Associated Banc Corp (NYSE:ASB)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/21/2017||SunTrust Banks, Inc.||Set Price Target||Hold||$26.00||N/A|
|10/12/2017||Jefferies Group LLC||Reiterated Rating||Hold||$28.00||N/A|
|10/1/2017||Robert W. Baird||Reiterated Rating||Hold||$25.00||Medium|
|9/22/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold -> Neutral||Low|
|9/6/2017||DA Davidson||Upgrade||Underperform -> Neutral||$21.00||Low|
|7/22/2017||Piper Jaffray Companies||Set Price Target||Hold||$25.00||Low|
|7/7/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$26.00||Low|
|7/6/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$24.00 -> $25.00||Low|
|2/2/2017||JMP Securities||Initiated Coverage||Market Perform||N/A|
|1/20/2017||Barclays PLC||Boost Price Target||Equal Weight||$26.00||N/A|
|12/15/2016||Bank of America Corporation||Upgrade||Underperform -> Neutral||$20.00 -> $26.00||N/A|
|10/11/2016||Deutsche Bank AG||Boost Price Target||Buy||$20.00 -> $22.00||N/A|
|4/1/2016||Macquarie||Downgrade||Neutral -> Underperform||$18.00 -> $16.00||N/A|
|1/12/2016||Stephens||Initiated Coverage||Equal Weight||N/A|
Earnings History for Associated Banc Corp (NYSE:ASB)Earnings History by Quarter for Associated Banc Corp (NYSE ASB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/19/2017||Q3 2017||$0.36||$0.41||$276.88 million||$276.02 million||View||N/A|
|7/20/2017||Q2 2017||$0.36||$0.36||$273.29 million||$266.23 million||View||N/A|
|4/20/2017||Q1 2017||$0.32||$0.35||$266.24 million||$260.11 million||View||N/A|
|1/19/2017||Q416||$0.32||$0.34||$268.78 million||$272.32 million||View||N/A|
|10/20/2016||Q316||$0.32||$0.34||$267.44 million||$273.77 million||View||Listen|
|7/21/2016||Q216||$0.31||$0.31||$260.18 million||$258.89 million||View||Listen|
|4/21/2016||Q116||$0.28||$0.27||$258.10 million||$255.18 million||View||Listen|
|1/21/2016||Q415||$0.27||$0.27||$253.65 million||$253.36 million||View||Listen|
|10/15/2015||Q315||$0.30||$0.31||$251.97 million||$250.43 million||View||Listen|
|7/16/2015||Q215||$0.31||$0.31||$254.12 million||$253.01 million||View||Listen|
|4/16/2015||Q115||$0.29||$0.30||$248.08 million||$247.89 million||View||N/A|
|1/22/2015||Q414||$0.30||$0.31||$250.09 million||$230.23 million||View||N/A|
Earnings Estimates for Associated Banc Corp (NYSE:ASB)
2017 EPS Consensus Estimate: $1.37
2018 EPS Consensus Estimate: $1.55
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Associated Banc Corp (NYSE:ASB)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||32.88% (Trailing 12 Months of Earnings) |
32.88% (Based on This Year's Estimates)
30.57% (Based on Next Year's Estimates)
Dividend History by Quarter for Associated Banc Corp (NYSE ASB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Associated Banc Corp (NYSE:ASB)
Insider Ownership Percentage: 1.80%Insider Trades by Quarter for Associated Banc Corp (NYSE:ASB)
Institutional Ownership Percentage: 77.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/8/2017||Christopher C Piotrowski||Insider||Sell||16,218||$23.55||$381,933.90|| |
|8/3/2017||Eileen A Kamerick||Director||Sell||4,500||$23.57||$106,065.00|| |
|7/31/2017||John A Utz||Insider||Sell||8,054||$23.62||$190,235.48|| |
|7/31/2017||Philip B Flynn||CEO||Sell||10,000||$23.61||$236,100.00|| |
|5/1/2017||Philip B Flynn||CEO||Sell||10,000||$24.81||$248,100.00|| |
|4/28/2017||David L Stein||Insider||Sell||8,000||$25.11||$200,880.00|| |
|4/25/2017||James Yee||Insider||Sell||2,330||$25.46||$59,321.80|| |
|3/10/2017||Breck F Hanson||Insider||Sell||30,913||$25.13||$776,843.69|| |
|3/1/2017||John A Utz||Insider||Sell||8,000||$26.27||$210,160.00|| |
|2/23/2017||Judith M Docter||Insider||Sell||16,124||$26.02||$419,546.48|| |
|2/17/2017||Philip B Flynn||CEO||Sell||208,214||$26.05||$5,423,974.70|| |
|2/15/2017||Judith M Docter||Insider||Sell||20,000||$26.30||$526,000.00|| |
|2/15/2017||Moral-Niles Christopher Del||CFO||Sell||11,466||$26.27||$301,211.82|| |
|2/8/2017||James Yee||Insider||Sell||8,599||$25.15||$216,264.85|| |
|2/3/2017||David L Stein||Insider||Sell||8,000||$25.04||$200,320.00|| |
|2/1/2017||David L Stein||Insider||Sell||18,500||$25.06||$463,610.00|| |
|1/30/2017||Philip B Flynn||CEO||Sell||10,000||$25.00||$250,000.00|| |
|1/26/2017||Scott Hickey||Insider||Sell||14,252||$25.65||$365,563.80|| |
|1/24/2017||Scott Hickey||Insider||Sell||44,616||$25.31||$1,129,230.96|| |
|12/13/2016||Robert A Jeffe||Director||Sell||17,000||$24.76||$420,920.00|| |
|12/9/2016||Judith M Docter||Insider||Sell||24,500||$25.00||$612,500.00|| |
|12/7/2016||James Yee||Insider||Sell||4,660||$24.10||$112,306.00|| |
|12/6/2016||James Yee||Insider||Sell||9,716||$23.61||$229,394.76|| |
|11/30/2016||David L Stein||Insider||Sell||7,000||$22.77||$159,390.00|| |
|11/28/2016||William M Bohn||Insider||Sell||5,000||$22.53||$112,650.00|| |
|11/7/2016||Breck F Hanson||Insider||Sell||4,989||$20.19||$100,727.91|| |
|11/1/2016||John A Utz||Insider||Sell||16,533||$20.05||$331,486.65|| |
|10/31/2016||James Yee||Insider||Sell||4,350||$20.13||$87,565.50|| |
|10/31/2016||Philip B Flynn||CEO||Sell||10,000||$19.86||$198,600.00|| |
|9/8/2016||John B Williams||Director||Buy||2,000||$19.85||$39,700.00|| |
|9/7/2016||John A Utz||Insider||Sell||2,000||$19.54||$39,080.00|| |
|9/7/2016||Moral-Niles Christopher Del||CFO||Sell||4,814||$19.57||$94,209.98|| |
|8/5/2016||James Yee||Insider||Sell||9,983||$19.19||$191,573.77|| |
|8/1/2016||Philip B Flynn||CEO||Sell||10,000||$18.61||$186,100.00|| |
|7/29/2016||John A Utz||Insider||Sell||2,500||$18.75||$46,875.00|| |
|7/28/2016||Judith M Docter||Insider||Sell||8,000||$18.66||$149,280.00|| |
|7/25/2016||Moral-Niles Christopher Del||CFO||Sell||8,052||$18.55||$149,364.60|| |
|6/13/2016||Moral-Niles Christopher Del||CFO||Sell||5,000||$17.87||$89,350.00|| |
|6/2/2016||John A Utz||EVP||Sell||6,000||$18.80||$112,800.00|| |
|5/31/2016||William R Hutchinson||Director||Sell||5,782||$18.61||$107,603.02|| |
|5/27/2016||William M Bohn||EVP||Sell||11,835||$18.68||$221,077.80|| |
|5/25/2016||Judith M Docter||EVP||Sell||8,000||$18.84||$150,720.00|| |
|5/25/2016||Scott Hickey||Insider||Sell||12,473||$18.86||$235,240.78|| |
|5/18/2016||John A Utz||EVP||Sell||3,000||$18.05||$54,150.00|| |
|4/27/2016||Timothy J Lau||EVP||Sell||3,000||$18.36||$55,080.00|| |
|11/24/2015||Moral-Niles Christopher Del||CFO||Sell||3,947||$20.61||$81,347.67|| |
|10/22/2015||David L Stein||EVP||Sell||6,600||$18.79||$124,014.00|| |
|10/19/2015||Philip B Flynn||CEO||Sell||10,000||$18.53||$185,300.00|| |
|7/22/2015||William M Bohn||EVP||Sell||10,000||$20.43||$204,300.00|| |
|7/20/2015||Philip B Flynn||CEO||Sell||10,000||$20.02||$200,200.00|| |
|6/11/2015||Judith M Docter||EVP||Sell||7,000||$20.38||$142,660.00|| |
|6/5/2015||Judith M Docter||EVP||Sell||10,000||$19.44||$194,400.00|| |
|5/14/2015||James Yee||EVP||Sell||19,656||$19.21||$377,591.76|| |
|5/11/2015||James Yee||EVP||Sell||20,268||$19.00||$385,092.00|| |
|4/23/2015||David L Stein||EVP||Sell||6,500||$18.85||$122,525.00|| |
|4/23/2015||William R Hutchinson||Director||Sell||11,466||$18.85||$216,134.10|| |
|4/20/2015||Philip B Flynn||CEO||Sell||10,000||$18.62||$186,200.00|| |
|3/25/2015||Timothy J Lau||EVP||Sell||15,000||$18.35||$275,250.00|| |
|3/9/2015||John A Utz||EVP||Sell||36,664||$18.58||$681,217.12|| |
|3/6/2015||Scott Hickey||Insider||Sell||20,000||$18.48||$369,600.00|| |
|1/28/2015||Philip B Flynn||CEO||Sell||10,000||$17.23||$172,300.00|| |
Headline Trends for Associated Banc Corp (NYSE:ASB)
Latest Headlines for Associated Banc Corp (NYSE:ASB)
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Associated Banc Corp (ASB) Chart for Monday, October, 23, 2017