Want to see ASB full AI Analyst Report?
ASB Stock Chart & Stats
$30.81
-$0.17(-0.55%)
At close: 4:00 PM EDT
$30.81
-$0.17(-0.55%)
Day’s Range― - ―
52-Week Range$23.63 - $31.83
Previous Close$30.64
Volume2.03M
Average Volume (3M)2.48M
Market Cap
$5.83B
Enterprise Value$11.18K
Total Cash (Recent Filing)$5.98B
Total Debt (Recent Filing)$4.41B
Price to Earnings (P/E)10.7
Beta1.17
Next Earnings
Oct 22, 2026EPS Estimate
0.75Next Dividend Ex-DateN/A
Dividend Yield3.08%
Share Statistics
EPS (TTM)2.91
Shares Outstanding188,718,000
10 Day Avg. Volume2,148,450
30 Day Avg. Volume2,484,581
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.85
Price to Sales (P/S)1.73
P/FCF Ratio7.34
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$33.83Price Target Upside9.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)2.92
Revenue Forecast (FY)$1.74B
Bulls Say, Bears Say
Bulls Say
Margin Recovery & Cash ConversionASB’s margins have meaningfully rebounded (TTM net margin ~20%) and free cash flow converts at roughly 94% of earnings. Durable margin recovery plus high cash conversion indicates sustainable internal funding, resilience through cycles, and capacity to invest or return capital over months to years.
Strong Loan And Deposit FranchiseRobust commercial loan originations and stronger core customer deposit growth improve funding quality and support persistent net interest income expansion. Durable deposit inflows and sustained C&I growth reduce reliance on wholesale funding and underpin longer‑term NII and balance sheet stability.
Acquisition Integration & Synergy UpsideIncreasing expected cost saves and a defined systems conversion timeline signal material, realizable synergies from the American National deal. If captured, these savings enhance long‑term operating leverage, improve efficiency, and accelerate earn‑back, supporting sustainable earnings accretion.
Bears Say
Elevated Expense Growth From AcquisitionManagement expects noninterest expense to grow ~20%–21% in 2026 driven by merger-related and operating costs, which can pressure efficiency ratios and margin sustainability. Larger recurring expense run‑rates could limit near‑term earnings leverage unless offset by realized synergies.
Asset Quality Pressures From AcquisitionThe AN portfolio increased criticized and nonaccrual balances, and AN‑related charge‑offs appeared in Q2. Persistent elevation or slower resolution of these credits would raise loss provisions, constrain capital generation, and increase earnings volatility over multiple quarters.
Creeping Leverage And Higher Total DebtWhile leverage remains manageable, rising debt and creeping leverage since 2024 reduce financial flexibility and increase sensitivity to cyclical stress. Higher balance‑sheet leverage constrains capital actions and can amplify downside risk if credit costs or funding costs rise.
Associated Banc-Corp News
ASB FAQ
What was Associated Banc-Corp’s price range in the past 12 months?
Associated Banc-Corp lowest stock price was $23.63 and its highest was $31.82 in the past 12 months.
What is Associated Banc-Corp’s market cap?
Associated Banc-Corp’s market cap is $5.83B.
When is Associated Banc-Corp’s upcoming earnings report date?
Associated Banc-Corp’s upcoming earnings report date is Oct 22, 2026 which is in 81 days.
How were Associated Banc-Corp’s earnings last quarter?
Associated Banc-Corp released its earnings results on Jul 23, 2026. The company reported $0.657 earnings per share for the quarter, missing the consensus estimate of $0.719 by -$0.062.
Is Associated Banc-Corp overvalued?
According to Wall Street analysts Associated Banc-Corp’s price is currently Undervalued.
Does Associated Banc-Corp pay dividends?
Associated Banc-Corp pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 3.08%. See more information on Associated Banc-Corp dividends here
What is Associated Banc-Corp’s EPS estimate?
Associated Banc-Corp’s EPS estimate is 0.75.
How many shares outstanding does Associated Banc-Corp have?
Associated Banc-Corp has 188,718,000 shares outstanding.
What happened to Associated Banc-Corp’s price movement after its last earnings report?
Associated Banc-Corp reported an EPS of $0.657 in its last earnings report, missing expectations of $0.719. Following the earnings report the stock price went up 1.818%.
Which hedge fund is a major shareholder of Associated Banc-Corp?
Currently, no hedge funds are holding shares in ASB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Associated Banc-Corp Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$33.83 (9.81% Upside)
$33.83 (9.81% Upside)
Blogger Sentiment
Bullish
ASB Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 195.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
39.14%
12-Months-Change
Fundamentals
Return on Equity
3.08%
Trailing 12-Months
Asset Growth
17.77%
Trailing 12-Months
Company Description
Associated Banc-Corp
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, and Minnesota. It 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. The company 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 comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of 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, it offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
ASB Company Deck
ASB Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial picture: strong organic commercial loan growth, margin expansion (NIM +14 bps to 3.17%), robust year-over-year core deposit gains (core customer deposits +6% YoY), successful initial integration of American National with purchase accounting completed and an improved cost-savings outlook (from 25% to ~30%), and stable credit metrics overall. Near-term challenges include higher-than-expected one-time merger costs and elevated noninterest expense growth, some AN-related charge-offs and increases in criticized/nonaccrual balances in dollar terms, fair value/mark impacts from rate shifts, and normal Q2 deposit seasonality that temporarily offsets total deposit growth when excluding AN balances. On balance, the positives (organic growth, margin improvement, integration progress and stable credit) outweigh the manageable near-term headwinds.View all ASB earnings summariesASB Stock 12 Month Forecast
Average Price Target
$33.83
▲(9.81% Upside)
Technical Analysis
Ownership Overview
6.13% Insiders
25.15% Mutual Funds
3.07% Other Institutional Investors
34.38% Public Companies and
Individual Investors