Associated Banc-Corp (ASB)
| Market Cap | 3.09B |
| Revenue (ttm) | 1.02B |
| Net Income (ttm) | 171.46M |
| Shares Out | 150.26M |
| EPS (ttm) | 1.13 |
| PE Ratio | 18.19 |
| Forward PE | 9.53 |
| Dividend | $0.88 (4.28%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 1,306,428 |
| Open | 19.94 |
| Previous Close | 20.04 |
| Day's Range | 19.81 - 20.58 |
| 52-Week Range | 14.47 - 22.16 |
| Beta | 0.99 |
| Analysts | Hold |
| Price Target | 22.44 (+9.2%) |
| Earnings Date | Apr 25, 2024 |
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, ASB's revenue was $1.02 billion, a decrease of -15.49% compared to the previous year's $1.21 billion. Earnings were $171.46 million, a decrease of -51.65%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ASB stock is "Hold." The 12-month stock price forecast is $22.44, which is an increase of 9.20% from the latest price.
News
Associated Bank Named Best for Customer Satisfaction with Retail Banking in the Upper Midwest Region by J.D. Power
Associated Bank's commitment to digital banking is paying off for customers GREEN BAY, Wis., March 28, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") has earned the J.D.
Associated Banc-Corp to Announce First Quarter 2024 Earnings and Hold Conference Call on April 25, 2024
GREEN BAY, Wis., March 27, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release first quarter 2024 financial results on Thursday, April 25, 2024, after market cl...
Associated Banc-Corp to Present at the 2024 RBC Capital Markets Global Financial Institutions Conference on March 5-6, 2024
GREEN BAY, Wis. , Feb. 21, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to present at the 2024 RBC Capital Markets Global Financial Institutions Confer...
Associated Bank Named Among Newsweek's "America's Best Regional Banks and Credit Unions 2024"
GREEN BAY, Wis. , Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm P...
Associated Banc-Corp to Attend the 2024 KBW Winter Financial Services Conference on February 14 - 16, 2024
GREEN BAY, Wis. , Feb. 6, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management will meet with investors during the 2024 KBW Winter Financial Services Conference in Boc...
Associated Banc-Corp Announces Dividends
GREEN BAY, Wis. , Jan. 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 Reports Full Year 2023 Earnings of $1.13 Per Common Share, or $2.27 Per Common Share(1) Excluding One Time Items Recognized During the Fourth Quarter
GREEN BAY, Wis. , Jan. 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $171 million, or $1.13...
Associated Bank welcomes Steven Zandpour as executive vice president, director of retail banking
MILWAUKEE , Jan. 17, 2024 /PRNewswire/ -- Associated Bank today announced the appointment of Steven Zandpour as the company's executive vice president, director of retail banking. In his new role, Zan...
Associated Banc-Corp to Announce Fourth Quarter 2023 Earnings and Hold Conference Call on January 25, 2024
GREEN BAY, Wis. , Dec. 29, 2023 /PRNewswire/ -- December 29, 2023 – Associated Banc-Corp (NYSE: ASB) today announced it will release fourth quarter 2023 financial results on Thursday, January 25, 2024...
Associated Bank earns top score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index
Associated Bank announces its annual rating on the Human Rights Campaign Foundation's assessment of LGBTQ+ workplace equality GREEN BAY, Wis. , Dec. 14, 2023 /PRNewswire/ -- Associated Bank, the large...
Associated Bank welcomes Phillip Trier as executive vice president, commercial banking group leader
GREEN BAY, Wis. , Nov. 16, 2023 /PRNewswire/ -- Associated Bank today announced the appointment of Phillip Trier as the company's executive vice president, commercial banking group leader.
Associated Bank executing next phase of strategic plan
GREEN BAY, Wis. , Nov. 9, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced plans for the next phase of the Company's people-led, digitally enabled strategic plan.
Associated Banc-Corp Announces Increase in Common Stock Dividend
GREEN BAY, Wis. , Oct. 24, 2023 /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 Reports Third Quarter 2023 Net Income Available to Common Equity of $80 Million, or $0.53 per Common Share
Results driven by balance sheet growth and continued progress against the Company's strategic initiatives GREEN BAY, Wis. , Oct. 19, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated"...
Wells Fargo downgrades four regional banks and highlights four top names in analyst shift
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
Associated Bank's Jay Williams named to List of Influential Leaders
NACD Directorship 100 Recognizes the Most Influential Corporate Directors and Governance Experts MILWAUKEE , Oct. 3, 2023 /PRNewswire/ -- Associated Bank today announced that Jay Williams, Associated ...
Associated Banc-Corp to Announce Third Quarter 2023 Earnings and Hold Conference Call on October 19, 2023
GREEN BAY, Wis., Sept. 19, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it will release third quarter 2023 financial results on Thursday, October 19, 2023, after market close.
Regional banks facing credit losses for commercial real estate: Moody's study
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
Associated Bank Releases 2022 Sustainability Report
GREEN BAY, Wis. , Sept. 6, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated Bank") has released its 2022 Sustainability Report.
Associated Banc-Corp appoints Jayne C. Hladio as President of Private Wealth
Highly regarded, Fortune 500 banking leader brings 25 years of financial services expertise including consumer banking, business GREEN BAY, Wis. , Aug. 25, 2023 /PRNewswire/ -- Associated Banc-Corp (N...
S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
More U.S. banks have been hit with credit rating downgrades, the latest development threatening to make borrowing more difficult for businesses and individuals.
U.S. banks and regional lenders slide across the board as S&P is latest to downgrade ratings
U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk related to funding, liquidity and asset quality with a f...
S&P downgrades five banks: 'A lot of opportunity' in banks, strategist says
S&P Global Ratings downgraded five regional banks: KeyCorp (KEY), UMB Financial (UMBF), Comerica (CMA), Vally National Bancorp (VLY), Associated Banc-Corp (ASB). Smead Capital Management CEO Cole Smea...
S&P downgrades multiple US banks citing 'tough' lending environment
S&P Global Ratings downgraded five regional U.S. banks by one notch and lowered its outlook for several other lenders, following a similar move by Moody's.
S&P downgrades regional banks as rising interest rates pressure profits
KeyCorp, the Cleveland-based retail bank, had its long-term ratings lowered by S&P from "BBB+" to "BBB."