Associated Banc-Corp (ASB)
|Net Income (ttm)||371.02M|
|Ex-Dividend Date||Nov 30, 2023|
|Day's Range||17.52 - 17.91|
|52-Week Range||14.47 - 24.82|
|Price Target||20.75 (+16.97%)|
|Earnings Date||Oct 19, 2023|
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and l... [Read more]
In 2022, ASB's revenue was $1.21 billion, an increase of 5.27% compared to the previous year's $1.15 billion. Earnings were $354.62 million, an increase of 6.21%.Financial Statements
According to 7 analysts, the average rating for ASB stock is "Hold." The 12-month stock price forecast is $20.75, which is an increase of 16.97% from the latest price.
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.
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.
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 analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
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.
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.
GREEN BAY, Wis. , Sept. 6, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated Bank") has released its 2022 Sustainability Report.
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...
A look at the Financial Select Sector SPDR Fund NYSEARCA: XLF chart, you'll see financials aren't exactly being pummeled after S&P's downgrade of five bank stocks.
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 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 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.
KeyCorp, the Cleveland-based retail bank, had its long-term ratings lowered by S&P from "BBB+" to "BBB."
S&P Global Ratings downgraded the ratings of five regional banks late Monday by a single notch, after a review that focused on risks relating to funding, liquidity and asset quality with an emphasis o...
S&P Joins Moody's in Downgrading US Banks
S&P Global Ratings is downgrading and lowering its outlook for several banks, citing a mix of pressures making life “tough” for lenders. Tom Metcalf reports on Bloomberg Television.
S&P Global Ratings downgraded five regional US banks by one notch and signaled a negative outlook for several others on Monday.
S&P Global on Monday cut credit ratings and revised its outlook for multiple U.S. banks, following a similar move by Moody's, warning that funding risks and weaker profitability will likely test the s...
Associated Banc-Corp to Present at the 2023 Barclays Global Financial Services Conference on September 11-13, 2023
GREEN BAY, Wis. , Aug. 17, 2023 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management will present at the 2023 Barclays Global Financial Services Conference in New York, NY ...
Moody's downgrades string of smaller mid-sized banks
Moody's analysts issued downgrades on a string of small and mid-sized banks. Should investors be worried about a theme developing in the greater banking landscape?
U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest lenders, sparking concerns about th...
Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.