Associated Banc-Corp Announces Retirement of David Stein

Associated Banc-Corp ( (ASB) ) has issued an announcement.

On May 8, 2025, Associated Banc-Corp announced the retirement of David Stein, who has been with the company for over 20 years. Stein will step down as executive vice president and head of consumer and business banking on July 1, 2025, transitioning to a strategic advisor role and continuing as Madison market president until the end of 2025. His leadership has been instrumental in advancing the bank’s consumer and business banking sectors, and he will contribute to the development of the next strategic plan before his full retirement. Steven Zandpour will take over as head of consumer and business banking effective July 1, 2025.

Spark’s Take on ASB Stock

According to Spark, TipRanks’ AI Analyst, ASB is a Neutral.

Associated Banc-Corp demonstrates stable financial health and positive strategic initiatives, contributing to loan and deposit growth. However, challenges remain in cost management and profit realization. The technical analysis depicts mixed signals, with potential overvaluation concerns. Positive earnings call insights and strategic initiatives support the stock, but macroeconomic uncertainties and non-recurring expenses pose risks.

To see Spark’s full report on ASB stock, click here.

More about Associated Banc-Corp

Associated Banc-Corp is the largest bank holding company based in Wisconsin, with total assets of $43 billion. Headquartered in Green Bay, it is a leading Midwest banking franchise offering a full range of financial products and services through nearly 200 banking locations across Wisconsin, Illinois, Minnesota, and Missouri. The company also operates loan production offices in several other states.

Average Trading Volume: 1,722,277

Technical Sentiment Signal: Buy

Current Market Cap: $3.73B

See more data about ASB stock on TipRanks’ Stock Analysis page.