New insider activity at Associated Banc-Corp ( (ASB) ) has taken place on March 5, 2025.
Director Eileen Kamerick has sold 7,000 shares of Associated Banc-Corp stock, amounting to a total transaction value of $172,970.
Recent Updates on ASB stock
Recent developments for Associated Banc-Corp (ASB) include the disclosure of a new financial risk related to FDIC insurance assessments. The FDIC’s final rule mandates special assessments to recover losses from the failures of SVB and SBNY, calculated from uninsured deposits as of December 31, 2022. This could impose a significant financial burden on the bank, potentially impacting its operations and financial health. Despite this, the company has been focusing on strategic growth initiatives, including enhancing its digital banking experience and expanding its commercial presence, which have led to increased loan growth and improved profitability. These efforts have strengthened its market position and diversified its portfolio into higher-return categories. However, the stock holds a ‘Hold’ consensus rating on Wall Street, with a technical sentiment consensus rating of ‘Strong Sell’.
More about Associated Banc-Corp
YTD Price Performance: 4.94%
Average Trading Volume: 1,523,326
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.13B
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