Associated Banc-Corp
About: Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.
Employees: 4,100
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
9,516% more call options, than puts
Call options by funds: $3.56M | Put options by funds: $37K
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
4% more funds holding
Funds holding: 277 [Q2] → 289 (+12) [Q3]
0% more capital invested
Capital invested by funds: $2.75B [Q2] → $2.76B (+$11.3M) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 101
1.31% less ownership
Funds ownership: 86.12% [Q2] → 84.81% (-1.31%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
9%
upside
Avg. target
$28
16%
upside
High target
$29
21%
upside
5 analyst ratings
0 positive
0%
5 neutral
100%
0 negative
0%
Barclays Jared Shaw 67% 1-year accuracy 49 / 73 met price target | 17%upside $28 | Equal-Weight Maintained | 19 Dec 2024 |
RBC Capital Jon Arfstrom 87% 1-year accuracy 47 / 54 met price target | 17%upside $28 | Sector Perform Reiterated | 5 Dec 2024 |
Keefe, Bruyette & Woods Christopher Mcgratty 78% 1-year accuracy 14 / 18 met price target | 21%upside $29 | Market Perform Maintained | 5 Dec 2024 |
Piper Sandler Scott Siefers 58% 1-year accuracy 15 / 26 met price target | 17%upside $28 | Neutral Maintained | 5 Dec 2024 |
Wells Fargo Timur Braziler 55% 1-year accuracy 12 / 22 met price target | 9%upside $26 | Equal-Weight Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 9 articles about ASB published over the past 30 days
Positive
Market Watch
3 days ago
12 cheap small-cap stocks ready to knock large-caps down to size
Small-cap stocks typically outperform when investors value large-caps more.
Neutral
PRNewsWire
1 week ago
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 growing commercial banking team.
Neutral
PRNewsWire
1 week ago
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.
Neutral
PRNewsWire
2 weeks ago
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, 2025. Zandpour, 48 will be executive vice president, deputy head of Consumer and Business Banking, Associated Bank, reporting directly to David Stein, executive vice president, head of Consumer and Business Banking and Madison Market president.
Neutral
PRNewsWire
2 weeks ago
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 Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Heath Sorenson, MBA, CFP®, CFIRS™, CTOP, to executive vice president, managing director, Associated Trust Company.
Neutral
PRNewsWire
2 weeks ago
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.
Neutral
Seeking Alpha
3 weeks ago
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 favorable price-to-book ratios suggest potential for further upside. Recent balance sheet improvements include increased deposits, loan growth, and higher non-interest income, leading to improved profitability.
Positive
Zacks Investment Research
3 weeks ago
Associated Banc-Corp Repositions Balance Sheet, to Incur a Loss in Q4
ASB's balance sheet repositioning is expected to enhance its long-term organic growth strategy while leading to a net loss in the fourth quarter of 2024.
Neutral
PRNewsWire
3 weeks ago
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.
Positive
Seeking Alpha
1 month ago
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 increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.
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