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 6,809 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: $2.73B [Q2] → $2.74B (+$11.3M) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 101
1.31% less ownership
Funds ownership: 85.7% [Q2] → 84.39% (-1.31%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
8%
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 64% 1-year accuracy 47 / 73 met price target | 17%upside $28 | Equal-Weight Maintained | 19 Dec 2024 |
RBC Capital Jon Arfstrom 89% 1-year accuracy 47 / 53 met price target | 17%upside $28 | Sector Perform Reiterated | 5 Dec 2024 |
Keefe, Bruyette & Woods Christopher Mcgratty 72% 1-year accuracy 13 / 18 met price target | 21%upside $29 | Market Perform Maintained | 5 Dec 2024 |
Piper Sandler Scott Siefers 56% 1-year accuracy 14 / 25 met price target | 17%upside $28 | Neutral Maintained | 5 Dec 2024 |
Wells Fargo Timur Braziler 55% 1-year accuracy 12 / 22 met price target | 8%upside $26 | Equal-Weight Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 9 articles about ASB published over the past 30 days
Neutral
PRNewsWire
2 days 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
3 days 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
1 week 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
1 week 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
1 week 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
1 week 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
2 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
2 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
3 weeks 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.
Neutral
PRNewsWire
1 month ago
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 value (the "Common Stock"), at a public offering price of $25.00 per share, for aggregate gross proceeds of $300 million.
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