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Associated Banc-Corp (ASB)

Stock Price: $14.27 USD -0.03 (-0.21%)
Updated Oct 26, 2020 4:00 PM EDT - Market closed
Pre-market: $14.35 +0.08 (0.56%) Oct 27, 7:41 AM

Stock Price Chart

Key Info

Market Cap 2.19B
Revenue (ttm) 1.23B
Net Income (ttm) 350.00M
Shares Out 153.69M
EPS (ttm) 1.89
PE Ratio 7.55
Forward PE 9.50
Dividend $0.72
Dividend Yield 5.05%

Stock Quote

Trading Day Oct 26, 2020
Last Price $14.27
Previous Close $14.30
Change ($) -0.03
Change (%) -0.21%
Day's Open 14.15
Day's Range 14.03 - 14.38
Day's Volume 1,800,541
52-Week Range 10.23 - 22.60

More Stats

Market Cap 2.19B
Enterprise Value 4.58B
Earnings Date (est) Jan 28, 2021
Ex-Dividend Date Aug 31, 2020
Shares Outstanding 153.69M
Float 150.21M
EPS (basic) 2.15
EPS (diluted) 1.89
FCF / Share 4.79
Dividend $0.72
Dividend Yield 5.05%
Earnings Yield 13.24%
FCF Yield 33.34%
Payout Ratio 33.00%
Shares Short 2.94M
Short Ratio 2.04
Short % of Float 1.96%
Beta 1.25
PE Ratio 7.55
Forward PE 9.50
P/FCF Ratio 3.00
PS Ratio 1.78
PB Ratio 0.60
Revenue 1.23B
Operating Income 449.76M
Net Income 350.00M
Free Cash Flow 730.48M
Net Cash -2.38B
Net Cash / Share -15.53
Gross Margin 103.73%
Operating Margin 36.57%
Profit Margin 27.20%
FCF Margin 59.39%
ROA 0.93%
ROE 7.83%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 1
Overweight 0
Hold 8
Underweight 1
Sell 0

Analyst Consensus: Overweight

Price Target

$15.78*
(10.58% upside)
Low
14.0
Current: $14.27
High
18.0
Target: 15.78
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,2001,2351,048990968956949929834579
Revenue Growth-2.81%17.87%5.83%2.27%1.29%0.77%2.08%11.42%43.98%-
Gross Profit1,2001,2351,048990968956949929834579
Operating Income407413339301284276268254183-41.03
Net Income327334229200188191189179140-0.86
Shares Outstanding161167151149149157166172173171
Earnings Per Share1.911.891.421.261.191.161.101.000.66-0.18
EPS Growth1.06%33.1%12.7%5.88%2.59%5.45%10%51.52%--
Dividend Per Share0.690.620.500.450.410.370.330.230.040.04
Dividend Growth11.29%24%11.11%9.76%10.81%12.12%43.48%475%0%-
Operating Cash Flow574497458641301200478350310509
Capital Expenditures-67.46-65.85-47.37-104-54.64-50.40-67.72-83.97-76.65-34.60
Free Cash Flow507431411538247149410267233475
Cash & Equivalents5898777166424741,032602738617868
Total Debt4,1954,5274,0743,8543,5114,9983,8283,3423,6923,161
Net Cash / Debt-3,607-3,650-3,358-3,212-3,037-3,966-3,226-2,604-3,075-2,293
Assets32,38633,61530,48429,13927,71226,82224,22723,48821,92421,786
Liabilities28,46429,83427,24626,04824,77524,02221,33620,55119,05818,627
Book Value3,6653,5243,0782,9312,8162,8002,8912,9362,8663,159
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Associated Banc-Corp
Country United States
Employees 4,568
CEO Philip B. Flynn

Stock Information

Ticker Symbol ASB
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: ASB

Description

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. Its Corporate and Commercial Specialty segment offers 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; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, as well as full-service, discount, and online investment brokerage; investment advisory services; trust and investment management accounts; and insurance and other related products and services. This segment also engages in the administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services. Its Risk Management and Shared Services segment provides corporate risk management, credit administration, finance, treasury, operations, and technology services. As of December 31, 2019, the company operated 248 banking branches serving over 120 communities. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.