Zacks Research Comments on Associated Banc FY2026 Earnings

Associated Banc-Corp (NYSE:ASB) – Investment analysts at Zacks Research cut their FY2026 EPS estimates for shares of Associated Banc in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $2.57 per share for the year, down from their previous estimate of $2.58. The consensus estimate for Associated Banc’s current full-year earnings is $2.43 per share.

A number of other research analysts also recently weighed in on the stock. StockNews.com downgraded shares of Associated Banc from a “hold” rating to a “sell” rating in a research report on Friday, January 31st. Raymond James lowered their target price on Associated Banc from $30.00 to $28.00 and set an “outperform” rating on the stock in a research report on Monday, March 10th. Wells Fargo & Company upped their target price on Associated Banc from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Monday, January 27th. Royal Bank of Canada boosted their price target on Associated Banc from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Friday, January 24th. Finally, Barclays increased their price objective on Associated Banc from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $27.11.

Associated Banc Trading Up 3.4 %

NYSE:ASB opened at $21.96 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.61. Associated Banc has a twelve month low of $19.76 and a twelve month high of $28.18. The company has a market cap of $3.65 billion, a P/E ratio of 27.79, a price-to-earnings-growth ratio of 1.52 and a beta of 0.90. The business has a 50 day moving average price of $24.34 and a two-hundred day moving average price of $23.97.

Associated Banc (NYSE:ASB) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.04. Associated Banc had a return on equity of 8.24% and a net margin of 5.15%.

Associated Banc Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date is Monday, March 3rd. Associated Banc’s dividend payout ratio is presently 116.46%.

Insider Activity

In other Associated Banc news, Director John B. Williams sold 2,830 shares of the company’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $25.09, for a total value of $71,004.70. Following the transaction, the director now directly owns 66,915 shares of the company’s stock, valued at $1,678,897.35. This represents a 4.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Eileen A. Kamerick sold 7,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $24.71, for a total transaction of $172,970.00. Following the completion of the sale, the director now directly owns 49,495 shares of the company’s stock, valued at approximately $1,223,021.45. The trade was a 12.39 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by company insiders.

Institutional Investors Weigh In On Associated Banc

Several institutional investors have recently made changes to their positions in ASB. Quarry LP raised its holdings in Associated Banc by 154.3% in the 4th quarter. Quarry LP now owns 1,073 shares of the bank’s stock valued at $26,000 after acquiring an additional 651 shares in the last quarter. Covestor Ltd raised its stake in Associated Banc by 221.0% in the fourth quarter. Covestor Ltd now owns 1,499 shares of the bank’s stock valued at $36,000 after purchasing an additional 1,032 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Associated Banc by 49.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,747 shares of the bank’s stock worth $42,000 after purchasing an additional 579 shares during the period. Point72 DIFC Ltd acquired a new stake in Associated Banc during the third quarter worth about $39,000. Finally, Crews Bank & Trust bought a new position in Associated Banc in the 4th quarter valued at about $56,000. 82.98% of the stock is currently owned by institutional investors.

About Associated Banc

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.