Associated Banc-Corp (ASB)
| Market Cap | 3.90B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 181.51M |
| Shares Out | 162.72M |
| EPS (ttm) | 1.20 |
| PE Ratio | 19.96 |
| Forward PE | 10.74 |
| Dividend | $0.92 (3.84%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 1,496,162 |
| Open | 23.44 |
| Previous Close | 23.70 |
| Day's Range | 23.44 - 24.27 |
| 52-Week Range | 19.40 - 28.18 |
| Beta | 0.92 |
| Analysts | Hold |
| Price Target | 26.11 (+8.84%) |
| Earnings Date | Jan 23, 2025 |
About 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 o... [Read more]
Financial Performance
In 2023, Associated Banc-Corp's revenue was $1.02 billion, a decrease of -15.49% compared to the previous year's $1.21 billion. Earnings were $170.42 million, a decrease of -51.64%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for ASB stock is "Hold." The 12-month stock price forecast is $26.11, which is an increase of 8.84% from the latest price.
News
Associated Bank Welcomes Four Additional Relationship Managers to Support Ongoing Commercial Banking Expansion
GREEN BAY, Wis., Dec. 19, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today announced the addition of four experienced relationship managers to the company's gr...
Associated Banc-Corp Decreases Prime Rate
GREEN BAY, Wis. , Dec. 18, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A.
Associated Bank Announces Steven Zandpour to Join Executive Leadership Team
MILWAUKEE , Dec. 12, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Steven Zandpour to its Executive Leadership Team (ELT), effective January 1...
Associated Bank Welcomes Heath Sorenson as Executive Vice President and Managing Director, Associated Trust Company
Sorenson will transition into the role of executive vice president, managing director and CEO, Associated Trust Company on February 1, 2025 GREEN BAY, Wisc., Dec. 11, 2024 /PRNewswire/ -- Associated B...
Associated Banc-Corp Announces Kristen Ludgate and Owen Sullivan Join Board of Directors
GREEN BAY, Wis. , Dec. 11, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced the appointment of Kristen M.
A Downgrade Could Be On The Horizon For Associated Banc-Corp
Associated Banc-Corp has shown significant stock performance, rising 71.9% since October, outperforming the S&P 500's 38.1% increase. Despite higher share prices, the company's asset quality and favor...
Associated Banc-Corp announces balance sheet repositioning to support organic growth strategy
GREEN BAY, Wis., Dec. 4, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced balance sheet repositioning transactions to accelerate the Company's organic growth strategy.
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...
Associated Banc-Corp announces pricing of common stock offering
GREEN BAY, Wis. , Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp ("Associated") (NYSE: ASB) today announced the pricing of a public offering of 12,000,000 shares of its common stock, $0.01 par val...
Associated Banc-Corp announces proposed common stock offering
GREEN BAY, Wis. , Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced a proposed public offering of 11,500,000 shares of its common stock, $0.01 par value (the "Common Stock...
Associated Banc-Corp to Attend the 2024 Piper Sandler East Coast Financial Services Conference on November 13-15, 2024
GREEN BAY, Wis. , Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the Piper Sandler East Coast Financial Services C...
Associated Bank Announces Trier and Warsek to Join Executive Leadership Team
MILWAUKEE , Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership Team (ELT), ef...
Associated Banc-Corp Announces Increase in Common Stock Dividend
GREEN BAY, Wis. , Oct. 29, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, pa...
Associated Banc-Corp (ASB) Q3 2024 Earnings Call Transcript
Associated Banc-Corp (NYSE:ASB) Q1 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Andrew Harmening - President and Chief Executive Officer Derek Meyer - Executive Vice...
Associated Banc-Corp Reports Third Quarter 2024 Net Income Available to Common Equity of $85 Million, or $0.56 per Common Share
GREEN BAY, Wis., Oct. 24, 2024 /PRNewswire/ --Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $85 million, or $0.56 pe...
Associated Bank Launches New Deposit Vertical
Rick Bruhn joins bank as senior vice president and head of Specialty Deposits and Payment Solutions MILWAUKEE , Oct. 22, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) (Associated) Rick Bruhn h...
Associated Banc-Corp to Announce Third Quarter 2024 Earnings and Hold Conference Call on October 24, 2024
GREEN BAY, Wis. , Sept. 26, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release third quarter 2024 financial results on Thursday, October 24, 2024, after market...
Associated Banc-Corp: Despite Recent Weaknesses, This Is Still A Bank To Bank On
Associated Banc-Corp shares have come under pressure as of late, with some of the downside justified because of key weak points. Deposits declined slightly, but loans, securities, and cash values impr...
Associated Banc-Corp to Attend Two Investor Events in September 2024
GREEN BAY, Wis. , Aug. 13, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the Raymond James U.S. Bank and Banking on Tech C...
Associated Banc-Corp Announces Dividends
GREEN BAY, Wis. , July 30, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.22 per common share, pa...
Associated Banc-Corp (ASB) Q2 2024 Earnings Call Transcript
Associated Banc-Corp (NYSE:ASB) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Andy Harmening – President and Chief Executive Officer Derek Meyer – Chief Financial Off...
Associated Banc-Corp Reports Second Quarter 2024 Earnings of $0.74 per Common Share, or $0.52 per Common Share(1) Excluding a One Time Item Recognized During the Quarter
GREEN BAY, Wis. , July 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $113 million, or $0.74...
Associated Banc-Corp announces retirement of Controller and appointment of Successor
GREEN BAY, Wis. , June 28, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today that Tammy C.
Associated Banc-Corp to Announce Second Quarter 2024 Earnings and Hold Conference Call on July 25, 2024
GREEN BAY, Wis. , June 26, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release second quarter 2024 financial results on Thursday, July 25, 2024, after market cl...
Associated Bank to Hold Second Annual Day of Service
Over 2,400 Associate Bank employees are likely to participate in hundreds of activities benefiting 200+ community organizations across Wisconsin, Illinois and Minnesota GREEN BAY, Wis. , May 29, 2024 ...