NYSE:ASB - Associated Banc Stock Price, Price Target & More

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$28.35 +0.30 (+1.07 %)
(As of 07/19/2018 02:09 AM ET)
Previous Close$28.05
Today's Range$28.00 - $28.45
52-Week Range$20.95 - $29.02
Volume967,400 shs
Average Volume1.39 million shs
Market Capitalization$4.81 billion
P/E Ratio18.65
Dividend Yield2.13%
Beta1
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.

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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 Ratio0.91
Current Ratio0.88
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio18.65
Forward P/E Ratio14.32
P/E Growth2.04

Sales & Book Value

Annual Sales$1.22 billion
Price / Sales3.97
Cash Flow$2.3764 per share
Price / Cash11.93
Book Value$20.14 per share
Price / Book1.41

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
Market Cap$4,807.87

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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, April 25th. Stockholders of record on Friday, June 1st will be paid a dividend of $0.15 per share on Friday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Thursday, May 31st. View Associated Banc's Dividend History.

How were Associated Banc's earnings last quarter?

Associated Banc Corp (NYSE:ASB) announced its earnings results on Thursday, April, 19th. The bank reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.09. The bank earned $300.25 million during the quarter, compared to analyst estimates of $292.49 million. Associated Banc had a net margin of 18.87% and a return on equity of 8.53%. During the same quarter last year, the business earned $0.35 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, July, 19th 2018. View Earnings Estimates for Associated Banc.

What price target have analysts set for ASB?

10 brokerages have issued twelve-month price objectives for Associated Banc's stock. Their forecasts range from $26.00 to $30.00. On average, they anticipate Associated Banc's stock price to reach $27.5556 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Ratings 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."

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 headlines about ASB stock have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Associated Banc earned a media sentiment score of 0.20 on Accern's scale. They also gave news coverage about the bank an impact score of 46.36 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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 Legacy Private Trust Co. (0.18%), Boston Advisors LLC (0.13%), Bank of Montreal Can (0.04%), Xact Kapitalforvaltning AB (0.02%), Tokio Marine Asset Management Co. Ltd. (0.01%) and State of Alaska Department of Revenue (0.01%). 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 major investors are selling Associated Banc stock?

ASB stock was sold by a variety of institutional investors in the last quarter, including Legacy Private Trust Co., Boston Advisors LLC and Bank of Montreal Can. Company insiders that have sold Associated Banc company stock in the last year include Breck F Hanson, Christopher C Piotrowski, David L Stein, Eileen A Kamerick, 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 Tokio Marine Asset Management Co. Ltd., Oakbrook Investments LLC, Fox Run Management L.L.C., New England Research & Management Inc., State of Alaska Department of Revenue and Xact Kapitalforvaltning AB. 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 $28.35.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $4.81 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:  1.9 out of 5 (star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  396
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 7/19/2018 by MarketBeat.com Staff

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