Associated Bank/ASB

$19.90

-1.82%
-
1D1W1MYTD1YMAX

About Associated Bank

Associated Banc-Corp is a bank holding company. The Company, through Associated Bank and various nonbanking subsidiaries, provides a range of banking and nonbanking products and services to individuals and businesses. The Company is a banking franchise, offering a full range of financial products and services from about 196 banking locations serving more than 100 communities throughout Wisconsin, Illinois, and Minnesota. The Company’s Corporate and Commercial Specialty segment consists of lending and deposit solutions to larger businesses, developers, not-for-profits, municipalities, and financial institutions, and the support to deliver, fund, and manage such banking solutions. Its Community, Consumer, and Business segment consists of lending and deposit solutions to individuals and small to mid-sized businesses. The Company’s Risk Management and Shared Services segment includes key shared corporate functions, parent company activity, intersegment eliminations, and others.

Ticker

ASB

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Andrew Harmening

Employees

4,100

Headquarters

Green bay, United States

Associated Bank Metrics

BasicAdvanced
$3.05B
Market cap
18.07
P/E ratio
$1.12
EPS
1.00
Beta
$0.85
Dividend rate
4.33%
Dividend yield
$3.05B
0.99545
$22.16
$14.47
1.45M
$0.85
12.968
20.797
76%
0.45%
4.37%
18.066
2.769
0.771
1.037
12.728
3.61%
4.18%
4.33%
70.97%
-51.93%
28.97%
-15.38%
5.69%

What the Analysts think about Associated Bank

Analyst Ratings

Majority rating from 10 analysts.
Hold

Price Targets

Average projection from 10 analysts.
17.59% upside
High $27.00
Low $22.00
$19.90
Current price
$23.40
Average price target

Associated Bank Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-23.02% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$394.3M
-31.44%
Net income
$-90.8M
-209.13%
Profit margin
-23.02%
-259.2%

Associated Bank Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.19%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.66
$0.56
$0.53
$0.53
-
Expected
$0.64
$0.59
$0.52
$0.52
$0.49
Surprise
2.66%
-4.58%
1.67%
2.19%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Associated Bank stock?

Associated Bank (ASB) has a market cap of $3.05B as of April 17, 2024.

What is the P/E ratio for Associated Bank stock?

The price to earnings (P/E) ratio for Associated Bank (ASB) stock is 18.07 as of April 17, 2024.

Does Associated Bank stock pay dividends?

Yes, the Associated Bank (ASB) stock pays dividends to shareholders. As of April 17, 2024, the dividend rate is $0.85 and the yield is 4.33%. Associated Bank has a payout ratio of 76% on a trailing twelve-month basis.

When is the next Associated Bank dividend payment date?

The next Associated Bank (ASB) dividend payment date is unconfirmed.

What is the beta indicator for Associated Bank?

Associated Bank (ASB) has a beta rating of 1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Associated Bank stock price target?

The target price for Associated Bank (ASB) stock is $23.4, which is 17.59% above the current price of $19.9. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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