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

$20.66
+0.29 (+1.42 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$20.1350
Now: $20.66
$20.83
50-Day Range
$18.72
MA: $19.78
$21.66
52-Week Range
$18.52
Now: $20.66
$27.20
Volume1.21 million shs
Average Volume1.13 million shs
Market Capitalization$3.35 billion
P/E Ratio10.18
Dividend Yield3.34%
Beta1.2
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses 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. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:ASBC
CUSIPN/A
CIK7789
Phone920-491-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.51 billion
Cash Flow$2.7844 per share
Book Value$21.26 per share

Profitability

Net Income$333.56 million

Miscellaneous

Employees4,655
Market Cap$3.35 billion
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Tuesday, July 30th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.17 per share on Monday, September 16th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Friday, August 30th. View Associated Banc's Dividend History.

How were Associated Banc's earnings last quarter?

Associated Banc Corp (NYSE:ASB) issued its quarterly earnings data on Thursday, July, 25th. The bank reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.02. The bank earned $309.46 million during the quarter, compared to analyst estimates of $315.84 million. Associated Banc had a return on equity of 9.86% and a net margin of 22.01%. During the same quarter in the previous year, the firm posted $0.53 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, October 17th 2019. View Earnings Estimates for Associated Banc.

What price target have analysts set for ASB?

10 brokerages have issued 1 year price objectives for Associated Banc's shares. Their forecasts range from $21.00 to $27.00. On average, they anticipate Associated Banc's share price to reach $24.4444 in the next year. This suggests a possible upside of 18.3% 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 coverage about ASB stock has trended somewhat positive on Monday, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Associated Banc earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Associated Banc.

Who are some of Associated Banc's key competitors?

What other stocks do shareholders of Associated Banc own?

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, Exec. VP, Head of Corp. Banking & Milwaukee Market Pres (Age 51)

Who are Associated Banc's major shareholders?

Associated Banc's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.75%), BlackRock Inc. (9.43%), BlackRock Inc. (9.43%), Cramer Rosenthal Mcglynn LLC (2.49%), Victory Capital Management Inc. (2.32%) and JPMorgan Chase & Co. (1.81%). Company insiders that own Associated Banc stock include Breck F Hanson, Christopher C Piotrowski, David L Stein, John A Utz, John B Williams, John P Hankerd, Judith M Docter, Lith Karen Van, 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 Cramer Rosenthal Mcglynn LLC, Citadel Advisors LLC, Prudential Financial Inc., JPMorgan Chase & Co., Vanguard Group Inc., Gateway Investment Advisers LLC, Maltese Capital Management LLC and Victory Capital Management Inc.. Company insiders that have sold Associated Banc company stock in the last year include Christopher C Piotrowski, David L Stein, John A Utz, John P Hankerd, Lith Karen Van, Moral-Niles Christopher Del, Philip B Flynn, Tammy C Stadler and Timothy J Lau. 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 Nuveen Asset Management LLC, Balyasny Asset Management LLC, LSV Asset Management, Renaissance Technologies LLC, Man Group plc, Wells Fargo & Company MN, Carlson Capital L P and KBC Group NV. Company insiders that have bought Associated Banc stock in the last two years include John B Williams, 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, Robinhood, Fidelity and Charles Schwab.

What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $20.66.

How big of a company is Associated Banc?

Associated Banc has a market capitalization of $3.35 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 4,655 workers across the globe.View Additional Information About Associated Banc.

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:  2.1 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  533
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 9/16/2019 by MarketBeat.com Staff

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