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Associated Banc (ASB) Stock Price, News & Analysis

$21.25
-0.57 (-2.61%)
(As of 09/6/2024 ET)
Today's Range
$21.17
â–Ľ
$22.08
50-Day Range
$20.07
â–Ľ
$23.96
52-Week Range
$15.16
â–Ľ
$24.21
Volume
1.79 million shs
Average Volume
1.35 million shs
Market Capitalization
$3.20 billion
P/E Ratio
21.46
Dividend Yield
4.14%
Price Target
$23.67

Associated Banc MarketRank™ Stock Analysis

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
11.4% Upside
$23.67 Price Target
Short Interest
Healthy
4.69% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.29
Upright™ Environmental Score
News Sentiment
1.10mentions of Associated Banc in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$592,124 Sold Last Quarter
Proj. Earnings Growth
12.08%
From $2.07 to $2.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Finance Sector

10th out of 871 stocks

State Commercial Banks Industry

1st out of 177 stocks

ASB stock logo

About Associated Banc Stock (NYSE:ASB)

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. It also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services, such as interest rate risk management and foreign exchange solutions; fiduciary services, such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, the company offers deposit and transactional solutions, including checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

ASB Stock Price History

ASB Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Associated Banc-Corp Announces Dividends
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Last Earnings
7/25/2024
Ex-Dividend for 9/16 Dividend
9/03/2024
Today
9/07/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
10/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Previous Symbol
NASDAQ:ASBC
CIK
7789
Employees
4,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.67
High Stock Price Target
$25.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+11.4%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
10 Analysts

Profitability

Net Income
$182.96 million
Pretax Margin
7.18%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$2.91 per share
Book Value
$26.83 per share

Miscellaneous

Free Float
148,616,000
Market Cap
$3.20 billion
Optionable
Optionable
Beta
0.95
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ASB Stock Analysis - Frequently Asked Questions

How have ASB shares performed this year?

Associated Banc's stock was trading at $21.39 at the beginning of the year. Since then, ASB shares have decreased by 0.7% and is now trading at $21.25.
View the best growth stocks for 2024 here
.

How were Associated Banc's earnings last quarter?

Associated Banc-Corp (NYSE:ASB) issued its quarterly earnings data on Thursday, July, 25th. The bank reported $0.52 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.52. The company's revenue for the quarter was down .5% on a year-over-year basis.

What is Philip B. (Phil) Flynn's approval rating as Associated Banc's CEO?

219 employees have rated Associated Banc Chief Executive Officer Philip B. (Phil) Flynn on Glassdoor.com. Philip B. (Phil) Flynn has an approval rating of 89% among the company's employees.

Who are Associated Banc's major shareholders?

Associated Banc's top institutional shareholders include Dimensional Fund Advisors LP (7.18%), LSV Asset Management (2.66%), Allspring Global Investments Holdings LLC (1.76%) and Pzena Investment Management LLC (1.66%). Insiders that own company stock include Andrew J Harmening, Randall J Erickson, John A Utz, David L Stein, John B Williams, Tammy C Stadler, Lith Karen Van, Eileen A Kamerick, R Jay Gerken, Nicole M Kitowski, Michael J Haddad, Matthew R Braeger, John P Thayer, Moral-Niles Christopher Del, Timothy J Lau, John F Bergstrom and Michael Meinolf.
View institutional ownership trends
.

How do I buy shares of Associated Banc?

Shares of ASB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Associated Banc own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Associated Banc investors own include Invesco (IVZ), Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), AK Steel (AKS), China Unicom (Hong Kong) (CHU) and Exxon Mobil (XOM).

This page (NYSE:ASB) was last updated on 9/7/2024 by MarketBeat.com Staff

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