Associated Banc (ASB) Competitors

$21.57
+0.20 (+0.94%)
(As of 04/26/2024 ET)

ASB vs. ABCB, UCBI, SFBS, FBP, IBOC, TCBI, FIBK, CATY, AUB, and COLB

Should you be buying Associated Banc stock or one of its competitors? The main competitors of Associated Banc include Ameris Bancorp (ABCB), United Community Banks (UCBI), ServisFirst Bancshares (SFBS), First BanCorp. (FBP), International Bancshares (IBOC), Texas Capital Bancshares (TCBI), First Interstate BancSystem (FIBK), Cathay General Bancorp (CATY), Atlantic Union Bankshares (AUB), and Columbia Banking System (COLB). These companies are all part of the "state commercial banks" industry.

Associated Banc vs.

Associated Banc (NYSE:ASB) and Ameris Bancorp (NASDAQ:ABCB) are both mid-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, media sentiment, dividends, community ranking, analyst recommendations, risk and institutional ownership.

In the previous week, Associated Banc had 9 more articles in the media than Ameris Bancorp. MarketBeat recorded 16 mentions for Associated Banc and 7 mentions for Ameris Bancorp. Ameris Bancorp's average media sentiment score of 0.06 beat Associated Banc's score of -0.18 indicating that Ameris Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Associated Banc
3 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral
Ameris Bancorp
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

83.0% of Associated Banc shares are owned by institutional investors. Comparatively, 91.6% of Ameris Bancorp shares are owned by institutional investors. 1.5% of Associated Banc shares are owned by insiders. Comparatively, 5.6% of Ameris Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Associated Banc pays an annual dividend of $0.88 per share and has a dividend yield of 4.0%. Ameris Bancorp pays an annual dividend of $0.60 per share and has a dividend yield of 1.2%. Associated Banc pays out 77.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Ameris Bancorp pays out 15.4% of its earnings in the form of a dividend.

Ameris Bancorp has a net margin of 17.67% compared to Associated Banc's net margin of 8.12%. Associated Banc's return on equity of 8.90% beat Ameris Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Associated Banc8.12% 8.90% 0.85%
Ameris Bancorp 17.67%8.30%1.08%

Associated Banc has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.Comparatively, Ameris Bancorp has a beta of 1.05, meaning that its stock price is 5% more volatile than the S&P 500.

Associated Banc currently has a consensus target price of $23.13, indicating a potential upside of 5.98%. Ameris Bancorp has a consensus target price of $50.25, indicating a potential upside of 3.72%. Given Associated Banc's higher probable upside, equities research analysts clearly believe Associated Banc is more favorable than Ameris Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Associated Banc
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Ameris Bancorp
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Ameris Bancorp has lower revenue, but higher earnings than Associated Banc. Ameris Bancorp is trading at a lower price-to-earnings ratio than Associated Banc, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Associated Banc$2.22B1.48$182.96M$1.1319.30
Ameris Bancorp$1.52B2.20$269.11M$3.9012.43

Ameris Bancorp received 163 more outperform votes than Associated Banc when rated by MarketBeat users. Likewise, 65.64% of users gave Ameris Bancorp an outperform vote while only 50.85% of users gave Associated Banc an outperform vote.

CompanyUnderperformOutperform
Associated BancOutperform Votes
240
50.85%
Underperform Votes
232
49.15%
Ameris BancorpOutperform Votes
403
65.64%
Underperform Votes
211
34.36%

Summary

Ameris Bancorp beats Associated Banc on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ASB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASB vs. The Competition

MetricAssociated BancState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$3.28B$2.26B$8.39B$17.49B
Dividend Yield4.12%4.27%10.49%3.53%
P/E Ratio19.3011.2558.9422.20
Price / Sales1.481.843,587.0310.52
Price / Cash6.808.4427.8317.68
Price / Book0.831.012.394.88
Net Income$182.96M$416.02M$991.53M$964.96M
7 Day Performance6.13%1.06%1.05%1.88%
1 Month Performance6.29%0.03%-1.16%-1.52%
1 Year Performance24.91%23.18%14.27%103.92%

Associated Banc Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ABCB
Ameris Bancorp
3.5292 of 5 stars
$44.44
-1.4%
$50.25
+13.1%
+48.1%$3.07B$1.52B11.392,765Earnings Report
Analyst Report
News Coverage
Positive News
UCBI
United Community Banks
4.7687 of 5 stars
$24.54
-1.4%
$31.00
+26.3%
+4.2%$2.92B$1.31B15.833,121Earnings Report
Analyst Report
News Coverage
SFBS
ServisFirst Bancshares
2.7908 of 5 stars
$59.13
-0.8%
$64.00
+8.2%
+25.2%$3.22B$843.66M15.60591
FBP
First BanCorp.
2.6378 of 5 stars
$16.30
-1.8%
$17.50
+7.4%
+57.7%$2.76B$1.16B9.593,168Earnings Report
Analyst Report
Short Interest ↑
News Coverage
IBOC
International Bancshares
2.6966 of 5 stars
$52.51
-0.3%
N/A+37.2%$3.26B$970.10M7.932,200Upcoming Earnings
TCBI
Texas Capital Bancshares
2.6317 of 5 stars
$55.51
-1.6%
$64.45
+16.1%
+19.2%$2.63B$1.79B15.681,987Analyst Revision
FIBK
First Interstate BancSystem
4.4407 of 5 stars
$24.37
-2.0%
$29.00
+19.0%
+1.7%$2.53B$1.43B9.833,585Dividend Announcement
Analyst Report
Short Interest ↑
News Coverage
CATY
Cathay General Bancorp
4.3518 of 5 stars
$34.54
-1.5%
$38.20
+10.6%
+12.4%$2.51B$1.31B7.111,246Earnings Report
Analyst Report
Short Interest ↑
Analyst Revision
News Coverage
AUB
Atlantic Union Bankshares
4.3036 of 5 stars
$31.81
-0.2%
$35.67
+12.1%
+18.6%$2.40B$1.05B12.521,804Earnings Report
Analyst Report
News Coverage
COLB
Columbia Banking System
4.6882 of 5 stars
$17.35
-1.3%
$22.42
+29.2%
-5.3%$3.63B$2.74B10.525,114Earnings Report
Analyst Report
Short Interest ↓
News Coverage
Positive News
Gap Up

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This page (NYSE:ASB) was last updated on 4/26/2024 by MarketBeat.com Staff

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