Associated Banc (ASB) Stock Price, News & Analysis

Company Overview

Associated Banc-Corp is a regional bank holding company headquartered in Green Bay, Wisconsin. Through its principal subsidiary, Associated Bank, it provides banking and financial services to individuals, families, businesses and institutions.

Associated Bank offers commercial and corporate banking, retail banking, mortgage lending, consumer lending, treasury management, investment and wealth management, and institutional services. Its business banking activities include lending, deposit accounts, cash-management solutions and other services designed for small and middle-market companies.

The company primarily serves customers across Wisconsin, Illinois and Minnesota through its branch network and digital banking channels. Associated Banc-Corp traces its history to 1861 and has grown from its Wisconsin banking roots into one of the larger regional banking organizations in the Upper Midwest.

Andrew J. Harmening serves as Associated Banc-Corp’s president and chief executive officer.

Key Stats

• Today's Range: $30.06 to $30.67
• 50-Day Range: $28.35 to $31.08
• 52-Week Range: $23.87 to $32.46
• Volume: 1.51 million shs
• Average Volume: 2.14 million shs
• Market Capitalization: $5.62 billion
• P/E Ratio: 10.47
• Dividend Yield: 3.17%
• Price Target: $32.50
• Consensus Rating: Moderate Buy

Associated Banc Stock Analysis - MarketRank™

Associated Banc scored higher than 94% of companies evaluated by MarketBeat, and ranked 125th out of 859 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Associated Banc has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 6 buy ratings, 6 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Associated Banc is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Associated Banc has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.71%

Earnings Growth

Earnings for Associated Banc are expected to grow by 12.71% in the coming year, from $2.99 to $3.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Associated Banc is 10.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Associated Banc is 10.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.98.

Price to Earnings Growth Ratio

Associated Banc has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Associated Banc has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.56% of the float of Associated Banc has been sold short.

Short Interest Ratio / Days to Cover

Associated Banc has a short interest ratio ("days to cover") of 4.75.

Change versus previous month

Short interest in Associated Banc has recently decreased by 3.87%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Associated Banc pays a meaningful dividend of 3.17%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Associated Banc has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Associated Banc is 33.22%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Associated Banc will have a dividend payout ratio of 28.49% next year. This indicates that Associated Banc will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.40

News Sentiment

Associated Banc has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Associated Banc this week, compared to 5 articles on an average week.

Search Interest

1 people have searched for ASB on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Associated Banc to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Associated Banc insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,957,840.00 in company stock.

Percentage Held by Insiders

0.71% of the stock of Associated Banc is held by insiders.

Percentage Held by Institutions

82.98% of the stock of Associated Banc is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/15 Dividend: 9/01/2026
• Ex-Dividend for 9/15 Dividend: 9/01/2026
• Dividend Payable: 9/15/2026
• Last Earnings: 10/22/2026
• Today: 11/01/2026
• Record date for 12/15 Dividend: 12/01/2026
• Ex-Dividend for 12/15 Dividend: 12/01/2026
• Dividend Payable: 12/15/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:ASB
• Previous Symbol: NASDAQ:ASBC
• CIK: 7789
• Web: www.associatedbank.com
• Phone: (920) 491-7500
• Fax: 920-433-3261
• Employees: 4,000
• Year Founded: 1961

Price Target and Rating

• Average Price Target for Associated Banc: $32.50
• High Price Target: $35.00
• Low Price Target: $28.00
• Potential Upside/Downside: +7.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.89
• Trailing P/E Ratio: 10.47
• Forward P/E Ratio: 10.12
• P/E Growth: 1.02
• Net Income: $474.78 million
• Net Margins: 19.87%
• Pretax Margin: 25.08%
• Return on Equity: 10.75%
• Return on Assets: 1.13%

Debt

• Debt-to-Equity Ratio: 0.86
• Current Ratio: 0.92
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $2.46 billion
• Price / Sales: 2.29
• Cash Flow: $3.69 per share
• Price / Cash Flow: 8.19
• Book Value: $28.44 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 185,710,000
• Free Float: 184,387,000
• Market Cap: $5.62 billion
• Optionable: Optionable
• Beta: 0.80