Associated Banc Stock Forecast, Price & News

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.

How has Associated Banc's stock price been impacted by COVID-19 (Coronavirus)?

Associated Banc's stock was trading at $13.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ASB shares have increased by 69.1% and is now trading at $22.54.
View which stocks have been most impacted by COVID-19.

When is Associated Banc's next earnings date?

Associated Banc is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
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, October, 20th. The bank reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.12. The bank earned $269.92 million during the quarter, compared to analyst estimates of $264.17 million. Associated Banc had a trailing twelve-month return on equity of 9.02% and a net margin of 29.80%. During the same period in the previous year, the firm earned $0.24 EPS.
View Associated Banc's earnings history.

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

Associated Banc declared a quarterly dividend on Tuesday, October 26th. Shareholders of record on Wednesday, December 1st will be paid a dividend of $0.20 per share on Wednesday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend is Tuesday, November 30th.
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 3.53%. Associated Banc does not yet have a strong track record of dividend growth. The dividend payout ratio of Associated Banc is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Associated Banc will have a dividend payout ratio of 50.00% 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 targets for Associated Banc's shares. Their forecasts range from $21.00 to $24.00. On average, they anticipate Associated Banc's stock price to reach $23.00 in the next year. This suggests a possible upside of 2.0% 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 (LinkedIn Profile)
• 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 (LinkedIn Profile)

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?

Some companies that are related to Associated Banc include Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Commerce Bancshares (CBSH), First Citizens BancShares (FCNCA), First Financial Bankshares (FFIN), Prosperity Bancshares (PB), Glacier Bancorp (GBCI), Popular (BPOP), Bank OZK (OZK), South State (SSB), Wintrust Financial (WTFC), United Bankshares (UBSI), ServisFirst Bancshares (SFBS), Silvergate Capital (SI) and Hancock Whitney (HWC).
View all of ASB's 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.44%), Dimensional Fund Advisors LP (6.54%), Pzena Investment Management LLC (2.32%), LSV Asset Management (2.01%), Associated Banc Corp (1.79%) and Geode Capital Management LLC (1.70%). 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, Timothy J Lau 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, BlackRock Inc., Thrivent Financial for Lutherans, Bank of New York Mellon Corp, Alliancebernstein L.P., Dimensional Fund Advisors LP, Morgan Stanley, and Natixis. 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, 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 institutional investors are buying Associated Banc stock?

ASB stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Balyasny Asset Management LLC, Goldman Sachs Group Inc., Brookfield Asset Management Inc., Blueshift Asset Management LLC, rhino investment partners Inc, Two Sigma Investments LP, and Grantham Mayo Van Otterloo & Co. 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.
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What is Associated Banc's stock price today?

One share of ASB stock can currently be purchased for approximately $22.54.

How much money does Associated Banc make?

Associated Banc has a market capitalization of $3.38 billion and generates $1.43 billion in revenue each year. The bank earns $306.77 million in net income (profit) each year or $2.10 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, via email at [email protected], or via fax at 920-433-3261.