Associated Banc-Corp (ASB)

• Market cap: $3.01B
• 1 day: 1.58%
• 5 days: 4.45%
• 1 month: -10.13%
• 3 months: -20.66%
• 6 months: -13.77%
• Year to date: -15.38%
• 1 year: 0.05%
• 5 years: 60.53%
• 10 years: 7.48%
• Sector: Financials
• Industry: Banks - Regional

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

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

94% more call options, than puts

Call options by funds: $3.51M | Put options by funds: $1.81M

62% more repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 77

53% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 34

24% more capital invested

Capital invested by funds: $2.75B [Q3] → $3.43B (+$673M) [Q4]

10.34% more ownership

Funds ownership: 84.74% [Q3] → 95.07% (+10.34%) [Q4]

5% more funds holding

Funds holding: 290 [Q3] → 304 (+14) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $25 25% upside
• Avg. target: $27 36% upside
• High target: $30 50% upside

7 analyst ratings

• positive: 2 29%
• neutral: 5 71%
• negative: 0 0%

Wells Fargo Timur Braziler 45% 1-year accuracy 17 / 38 met price target	30% upside $26	Overweight Upgraded	9 Apr 2025
Barclays Jared Shaw 42% 1-year accuracy 33 / 79 met price target	25% upside $25	Equal-Weight Maintained	8 Apr 2025
Stephens & Co. Terry McEvoy 21% 1-year accuracy 6 / 28 met price target	40% upside $28	Equal-Weight Reiterated	25 Mar 2025
Raymond James Daniel Tamayo 9% 1-year accuracy 2 / 22 met price target	40% upside $28	Outperform Maintained	10 Mar 2025
RBC Capital Karl Shepard 0% 1-year accuracy 0 / 5 met price target	35% upside $27	Sector Perform Maintained	24 Jan 2025