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Associated Banc-Corp (ASB)

NYSE
Currency in USD
25.86
-0.41(-1.56%)
Closed
After Hours
25.87+0.01(+0.04%)
ASB Scorecard
Full Analysis
Has raised its dividend for 13 consecutive years
Fair Value
Day's Range
25.8326.39
52 wk Range
19.4028.18
Key Statistics
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Prev. Close
26.27
Open
26.23
Day's Range
25.83-26.39
52 wk Range
19.4-28.18
Volume
946.01K
Average Vol. (3m)
1.74M
1-Year Change
35.41%
Book Value / Share
28.41
Fair Value
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Fair Value Upside
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ASB Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
27.67
Upside
+7.00%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings downwards for the upcoming period
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Associated Banc-Corp Company Profile

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 of credit. It also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services, such as interest rate risk management and foreign exchange solutions; fiduciary services, such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, the company offers deposit and transactional solutions, including checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

Employees
4199

Associated Banc-Corp SWOT Analysis


Competitive Position
Discover how ASB's improved capital ratios and strategic moves may narrow its valuation gap in the U.S. Mid-Cap Banks sector, despite profitability challenges
Growth Projections
Analysts revise ASB's outlook, with average price target of $24.71. Learn about management's optimism for H2 2024 despite lowered full-year expectations
Financial Performance
Delve into ASB's mixed Q2 results, featuring an EPS beat of $0.74 but underperformance in key areas like Net Interest Margin and Income
Strategic Reshaping
Explore Associated Banc-Corp's recent $300M stock raise and balance sheet actions, aimed at strengthening capital ratios and driving future profitability
Read full SWOT analysis
ASB Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
Bearish and bullish outlooks
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Associated Banc-Corp Earnings Call Summary for Q4/2024

  • Q3 2024 diluted EPS at $0.56; core deposits up 2%; net interest income rose to $253 million with margin expanding to 2.78%
  • Total loans increased 1%, driven by commercial and auto sectors; 16 new commercial relationship managers added since September 2023
  • Projected $750M commercial loan growth and $2.5B deposit growth by end of 2025; NII growth expected at 0%-1% for 2024
  • Strong capital position with CET1 ratio at 9.72%; new specialty deposit and payment solutions vertical launched
  • Cautious macroeconomic outlook; monitoring commercial real estate portfolio closely; expense growth outlook lowered to 1%-2%
Last Updated: 10/25/2024, 03:55 PM
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Compare ASB to Peers and Sector

Metrics to compare
ASB
Peers
Sector
Relationship
P/E Ratio
23.2x34.9x8.8x
PEG Ratio
−0.460.060.03
Price / Book
1.0x1.2x1.0x
Price / LTM Sales
4.2x4.5x2.8x
Upside (Analyst Target)
6.6%10.0%11.1%
Fair Value Upside
Unlock3.6%2.5%Unlock

Analysts' Recommendations

1 Buy
8 Hold
0 Sell
Ratings:
9 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 27.67

(+6.99% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.21
Dividend Yield
3.50%
Industry Median 4.56%
Annualized Payout
0.9200
Paid quarterly
5-Years Growth
+5.29%
Growth Streak

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FAQ

What Is the Associated Banc-Corp (ASB) Stock Price Today?

The Associated Banc-Corp stock price today is 25.86

What Stock Exchange Does Associated Banc-Corp Trade On?

Associated Banc-Corp is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Associated Banc-Corp?

The stock symbol for Associated Banc-Corp is "ASB."

Does Associated Banc-Corp Pay Dividends? What’s The Current Dividend Yield?

The Associated Banc-Corp dividend yield is 3.56%.

What Is the Associated Banc-Corp Market Cap?

As of today, Associated Banc-Corp market cap is 4.22B.

What is Associated Banc-Corp Earnings Per Share?

The Associated Banc-Corp EPS is 1.21.

What Is the Next Associated Banc-Corp Earnings Date?

Associated Banc-Corp will release its next earnings report on Jan 23, 2025.

From a Technical Analysis Perspective, Is ASB a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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