NYSE:ASB

Associated Banc Stock Forecast, Price & News

$20.28
-0.17 (-0.83 %)
(As of 09/17/2021 04:00 PM ET)
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Today's Range
$20.19
$20.69
50-Day Range
$18.56
$21.31
52-Week Range
$12.03
$23.94
Volume3.75 million shs
Average Volume1.53 million shs
Market Capitalization$3.10 billion
P/E Ratio11.27
Dividend Yield3.91%
Beta1.22
30 days | 90 days | 365 days | Advanced Chart
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Associated Banc logo

About Associated Banc

Associated Banc-Corp. operates as a bank holding company, which offers various banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates through the following segments: Corporate and Commercial Specialty; Community, Consumer and Business; and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves customers including businesses, developers, non-profits, municipalities and financial institutions. The Community, Consumer & Business segment serves individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes corporate risk management, credit administration, finance, treasury, operations and technology shared functions. The company was founded in 1964 and is headquartered in Green Bay, WI.

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Industry, Sector and Symbol

Sales & Book Value

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Miscellaneous


MarketRank

Overall MarketRank

2.46 out of 5 stars

Finance Sector

239th out of 1,330 stocks

State Commercial Banks Industry

53rd out of 232 stocks

Analyst Opinion: 1.0Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Associated Banc (NYSE:ASB) Frequently Asked Questions

Is Associated Banc a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated Banc in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Associated Banc stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASB, but not buy additional shares or sell existing shares.
View analyst ratings for Associated Banc
or view top-rated stocks.

What stocks does MarketBeat like better than Associated Banc?

Wall Street analysts have given Associated Banc a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Associated Banc wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Associated Banc's next earnings date?

Associated Banc is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Associated Banc
.

How were Associated Banc's earnings last quarter?

Associated Banc-Corp (NYSE:ASB) issued its quarterly earnings data on Wednesday, July, 21st. The bank reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.08. The bank earned $253 million during the quarter, compared to the consensus estimate of $258.24 million. Associated Banc had a trailing twelve-month return on equity of 7.84% and a net margin of 25.85%. The firm's revenue for the quarter was down 43.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.26 earnings per share.
View Associated Banc's earnings history
.

How has Associated Banc's stock been impacted by Coronavirus?

Associated Banc's stock was trading at $13.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ASB shares have increased by 52.1% and is now trading at $20.28.
View which stocks have been most impacted by COVID-19
.

How often does Associated Banc pay dividends? What is the dividend yield for Associated Banc?

Associated Banc announced a quarterly dividend on Wednesday, July 28th. Shareholders of record on Wednesday, September 1st will be paid a dividend of $0.20 per share on Wednesday, September 15th. This represents a $0.80 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend is Tuesday, August 31st. This is a positive change from Associated Banc's previous quarterly dividend of $0.18.
View Associated Banc's dividend history
.

Is Associated Banc a good dividend stock?

Associated Banc pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.91%. The dividend payout ratio of Associated Banc is 43.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Associated Banc will have a dividend payout ratio of 51.95% next year. This indicates that Associated Banc will be able to sustain or increase its dividend.
View Associated Banc's dividend history.

What price target have analysts set for ASB?

5 brokers have issued 12-month price objectives for Associated Banc's stock. Their forecasts range from $14.00 to $24.00. On average, they anticipate Associated Banc's share price to reach $20.75 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
View analysts' price targets for Associated Banc
or view top-rated stocks among Wall Street analysts.

Who are Associated Banc's key executives?

Associated Banc's management team includes the following people:
  • Andrew J. Harmening, President, Chief Executive Officer & Director
  • Christopher J. Del Moral-Niles, Chief Financial Officer & Executive Vice President
  • Michael O. Meinolf, Chief Information Officer & Executive VP (LinkedIn Profile)
  • Nicole M. Kitowski, Chief Risk Officer & Executive Vice President
  • David L. Stein, EVP & Head-Consumer & Business Banking

What is Philip B. (Phil) Flynn's approval rating as Associated Banc's CEO?

219 employees have rated Associated Banc CEO Philip B. (Phil) Flynn on Glassdoor.com. Philip B. (Phil) Flynn has an approval rating of 89% among Associated Banc's employees.

Who are some of Associated Banc's key competitors?

What other stocks do shareholders of Associated Banc own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Associated Banc investors own include Invesco (IVZ), Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), AK Steel (AKS), China Unicom (Hong Kong) (CHU), Exxon Mobil (XOM), AMC Entertainment (AMC), Apollo Global Management (APO) and EKIMAS (ASNB).

What is Associated Banc's stock symbol?

Associated Banc trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASB."

Who are Associated Banc's major shareholders?

Associated Banc's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.54%), Vanguard Group Inc. (9.94%), State Street Corp (7.03%), Dimensional Fund Advisors LP (6.57%), FMR LLC (6.31%) and Pzena Investment Management LLC (2.25%). Company insiders that own Associated Banc stock include Andrew J Harmening, David L Stein, Eileen A Kamerick, John A Utz, John B Williams, John F Bergstrom, John P Hankerd, Lith Karen Van, Michael J Haddad, Michael Meinolf, Michael T Crowley Jr, Moral-Niles Christopher Del, Nicole M Kitowski, Patrick Edward Ahern, Philip B Flynn, 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 Cramer Rosenthal Mcglynn LLC, AQR Capital Management LLC, Millennium Management LLC, Wells Fargo & Company MN, Prudential Financial Inc., Pzena Investment Management LLC, Bank of America Corp DE, and Principal Financial Group Inc.. Company insiders that have sold Associated Banc company stock in the last year include Andrew J Harmening, David L Stein, Eileen A Kamerick, John A Utz, John B Williams, Lith Karen Van, Michael Meinolf, Moral-Niles Christopher Del, Nicole M Kitowski, Patrick Edward Ahern, Philip B Flynn, Tammy C Stadler, and Timothy J Lau.
View insider buying and selling activity for Associated Banc
or view top insider-selling stocks.

Which major investors are buying Associated Banc stock?

ASB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, FMR LLC, Northern Trust Corp, Geode Capital Management LLC, JPMorgan Chase & Co., ProShare Advisors LLC, and Nuveen Asset Management LLC. Company insiders that have bought Associated Banc stock in the last two years include John F Bergstrom, Michael J Haddad, Michael T Crowley Jr, Moral-Niles Christopher Del, Timothy J Lau, and William R Hutchinson.
View insider buying and selling activity for Associated Banc
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $20.28.

How much money does Associated Banc make?

Associated Banc has a market capitalization of $3.10 billion and generates $1.43 billion in revenue each year. The bank earns $306.77 million in net income (profit) each year or $1.86 on an earnings per share basis.

How many employees does Associated Banc have?

Associated Banc employs 4,459 workers across the globe.

What is Associated Banc's official website?

The official website for Associated Banc is www.associatedbank.com.

Where are Associated Banc's headquarters?

Associated Banc is headquartered at 433 MAIN STREET, GREEN BAY WI, 54301.

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].


This page was last updated on 9/19/2021 by MarketBeat.com Staff
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