Associated Banc-Corp (ASB)

NYSE: ASB · Real-Time Price · USD
25.86
-0.41 (-1.56%)
Dec 12, 2024, 4:00 PM EST - Market closed
-1.56%
Market Cap 4.21B
Revenue (ttm) 1.01B
Net Income (ttm) 181.51M
Shares Out 162.72M
EPS (ttm) 1.20
PE Ratio 21.52
Forward PE 11.58
Dividend $0.92 (3.56%)
Ex-Dividend Date Dec 2, 2024
Volume 951,811
Open 26.23
Previous Close 26.27
Day's Range 25.83 - 26.39
52-Week Range 19.40 - 28.18
Beta 0.92
Analysts Hold
Price Target 26.00 (+0.54%)
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]

Sector Financials
Founded 1861
Employees 4,100
Stock Exchange NYSE
Ticker Symbol ASB
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for ASB stock is "Hold." The 12-month stock price forecast is $26.0, which is an increase of 0.54% from the latest price.

Price Target
$26.0
(0.54% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

15 hours ago - PRNewsWire

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...

1 day ago - PRNewsWire

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.

1 day ago - PRNewsWire

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...

4 days ago - Seeking Alpha

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.

8 days ago - PRNewsWire

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...

14 days ago - Seeking Alpha

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

Associated Banc-Corp Decreases Prime Rate

GREEN BAY, Wis. , Nov. 7, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:  ASB), the holding company for Associated Bank, N.A.

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

Associated Banc-Corp: Baby Bond Presents Best Income Option

Associated Bancorp is not adverse to some of the challenges faced by the regional banking sector. The bank offers a baby bond that is currently trading at a higher coupon yield than the bank's preferr...

7 months ago - Seeking Alpha