Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Associated Banc-Corp (ASB)
NYSE:ASB
Holding ASB?
Track your performance easily
ASB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.40 - $28.18
Previous Close$23.99
Volume3.42M
Average Volume (3M)1.77M
Market Cap
$3.92B
Enterprise Value$6.75B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.83B
Price to Earnings (P/E)20.2
Beta1.14
Next Earnings
Jan 23, 2025EPS Estimate
$0.52Last Dividend Ex-Date
Dec 02, 2024Dividend Yield3.67%
Share Statistics
EPS (TTM)1.19
Shares Outstanding151,255,013
10 Day Avg. Volume6,339,922
30 Day Avg. Volume1,771,364
Standard Deviation0.09
R-Squared0.28
Alpha-0.00017
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.86
Price to Sales (P/S)3.33
Price to Cash Flow (P/CF)8.60
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.15
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$26.75Price Target Upside11.50% Upside
Rating ConsensusHold
Number of Analyst Covering8
Associated Banc-Corp News
PremiumCompany Announcements
Associated Banc-Corp Expands Board with Two New MembersBulls Say, Bears Say
Bulls Say
Credit PerformanceCredit performance is strong, with non-performing assets remaining low, indicating a stable financial position.
EarningsCore earnings per share exceeded expectations, mainly due to strong credit trends and stable pre-provision net revenue.
Financial StabilityThe ability to grow customer deposits and manage funding costs is providing confidence in future financial stability and growth.
Bears Say
EarningsFaster rate cuts weigh on lowered Net Interest Income guidance, impacting earnings.
FundingThe NIM decrease reflects negative funding mix shift, as the core customer deposit run-off was replaced by higher cost wholesale funding sources.
ProfitabilityNet interest income was weaker than expected due to softer loan growth, impacting overall profitability.
---
Ownership Overview
0.87% Insiders
29.57% Mutual Funds
11.18% Other Institutional Investors
27.33% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ASB FAQ
What was Associated Banc-Corp’s price range in the past 12 months?
Associated Banc-Corp lowest stock price was $19.40 and its highest was $28.18 in the past 12 months.
What is Associated Banc-Corp’s market cap?
Currently, no data Available
When is Associated Banc-Corp’s upcoming earnings report date?
Associated Banc-Corp’s upcoming earnings report date is Jan 23, 2025 which is in 31 days.
How were Associated Banc-Corp’s earnings last quarter?
Associated Banc-Corp released its earnings results on Oct 24, 2024. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.499 by $0.061.
Is Associated Banc-Corp overvalued?
According to Wall Street analysts Associated Banc-Corp’s price is currently Undervalued.
Does Associated Banc-Corp pay dividends?
Associated Banc-Corp pays a Quarterly dividend of $0.23 which represents an annual dividend yield of 3.67%. See more information on Associated Banc-Corp dividends here
What is Associated Banc-Corp’s EPS estimate?
Associated Banc-Corp’s EPS estimate is $0.52.
How many shares outstanding does Associated Banc-Corp have?
Associated Banc-Corp has 163,255,020 shares outstanding.
What happened to Associated Banc-Corp’s price movement after its last earnings report?
Associated Banc-Corp reported an EPS of $0.56 in its last earnings report, beating expectations of $0.499. Following the earnings report the stock price went up 1.023%.
Which hedge fund is a major shareholder of Associated Banc-Corp?
Among the largest hedge funds holding Associated Banc-Corp’s share is Pzena Investment Management LLC. It holds Associated Banc-Corp’s shares valued at 53M.
---
Associated Banc-Corp Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$26.75 (11.50% Upside)
$26.75 (11.50% Upside)
Blogger Sentiment
Bullish
ASB Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 108.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.43%
12-Months-Change
Fundamentals
Return on Equity
4.51%
Trailing 12-Months
Asset Growth
1.38%
Trailing 12-Months
Company Description
Associated Banc-Corp
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.
---
ASB Company Deck
---
ASB Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong asset quality, customer satisfaction, and strategic growth in deposits and loans. However, concerns about criticized CRE loans and increased noninterest expenses were noted. The bank is well-positioned but remains dependent on the future rate environment for profitability improvements.Read More>---
ASB Stock 12 Month Forecast
Average Price Target
$26.75
▲(11.50% Upside)
Technical Analysis
Best Analysts Covering ASB
1 Year
1 Year Success Rate
1/1 ratings generated profit
1 Year Average Return
+3.50%
reiterated a buy rating 2 months ago
Copying Craig Siegenthaler's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +3.50% per trade.
---