Zacks Research Weighs in on Associated Banc Q1 Earnings

Associated Banc-Corp (NYSE:ASB - Free Report) - Stock analysts at Zacks Research increased their Q1 2025 earnings per share estimates for Associated Banc in a research report issued to clients and investors on Friday, February 14th. Zacks Research analyst R. Department now expects that the bank will post earnings per share of $0.54 for the quarter, up from their prior forecast of $0.52. The consensus estimate for Associated Banc's current full-year earnings is $2.43 per share. Zacks Research also issued estimates for Associated Banc's Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.64 EPS, FY2025 earnings at $2.38 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.58 EPS and FY2027 earnings at $2.75 EPS.

Associated Banc (NYSE:ASB - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The bank reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.04. Associated Banc had a net margin of 5.15% and a return on equity of 8.24%.

Other equities analysts have also issued research reports about the company. Robert W. Baird cut their target price on Associated Banc from $28.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. StockNews.com downgraded shares of Associated Banc from a "hold" rating to a "sell" rating in a research report on Friday, January 31st. Wells Fargo & Company lifted their price objective on shares of Associated Banc from $26.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Monday, January 27th. Piper Sandler upped their target price on shares of Associated Banc from $26.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, December 5th. Finally, Royal Bank of Canada boosted their price target on shares of Associated Banc from $26.00 to $27.00 and gave the company a "sector perform" rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating and nine have issued a hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $27.00.

Associated Banc Trading Up 0.0 %

Shares of ASB stock traded up $0.01 during trading hours on Monday, reaching $25.43. The company had a trading volume of 2,170,847 shares, compared to its average volume of 1,526,736. Associated Banc has a 1-year low of $19.76 and a 1-year high of $28.18. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.88 and a quick ratio of 0.86. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 32.18, a P/E/G ratio of 1.56 and a beta of 0.94. The company has a 50 day moving average of $24.71 and a 200 day moving average of $23.71.

Associated Banc Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Monday, March 3rd. Associated Banc's dividend payout ratio (DPR) is presently 116.46%.

Insider Buying and Selling at Associated Banc

In other news, Director John B. Williams sold 2,830 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $25.09, for a total transaction of $71,004.70. Following the completion of the transaction, the director now directly owns 66,915 shares of the company's stock, valued at $1,678,897.35. This trade represents a 4.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.45% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans boosted its stake in shares of Associated Banc by 221.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 163,003 shares of the bank's stock worth $3,511,000 after buying an additional 112,323 shares during the last quarter. State Street Corp boosted its holdings in shares of Associated Banc by 3.3% in the 3rd quarter. State Street Corp now owns 8,230,340 shares of the bank's stock valued at $177,282,000 after buying an additional 261,877 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Associated Banc by 11,595.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 76,370 shares of the bank's stock valued at $1,825,000 after acquiring an additional 75,717 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Associated Banc by 315.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 540,057 shares of the bank's stock valued at $12,907,000 after purchasing an additional 410,118 shares during the last quarter. Finally, Crescent Grove Advisors LLC boosted its stake in shares of Associated Banc by 15.4% during the 4th quarter. Crescent Grove Advisors LLC now owns 101,591 shares of the bank's stock worth $2,428,000 after acquiring an additional 13,521 shares during the period. Institutional investors own 82.98% of the company's stock.

Associated Banc Company Profile

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit.