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Associated Banc-Corp (ASB)
NYSE:ASB
Associated Banc-Corp (ASB) Stock Price & Analysis
167 Followers
ASB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.77 - $21.92
Previous Close$19.96
Volume1.01M
Average Volume (3M)1.48M
Market Cap
$3.00B
Enterprise Value$5.48B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.48B
Price to Earnings (P/E)17.7
Beta0.88
Next Earnings
Apr 25, 2024EPS Estimate
$0.49Last Dividend Ex-Date
Feb 29, 2024Dividend Yield4.32%
Share Statistics
EPS (TTM)1.12
Shares Outstanding151,087,726
10 Day Avg. Volume1,144,213
30 Day Avg. Volume1,477,752
Standard Deviation0.09
R-Squared0.32
Alpha-0.00384
Financial Highlights & Ratios
Price to Book (P/B)1.08
Price to Sales (P/S)24.57
Price to Cash Flow (P/CF)-3.70
P/FCF Ratio12.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.97
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$23.33Price Target Upside16.88% Upside
Rating ConsensusHold
Number of Analyst Covering6
Associated Banc-Corp News
PremiumCompany Announcements
Associated Banc-Corp Engages Investors with Strategy Update
PremiumPress Releases
Associated Banc-Corp Announces Dividends
Bulls Say, Bears Say
Bulls Say
Interest Rate SensitivityWith an asset-sensitive balance sheet, fewer anticipated rate cuts could spell greater profitability for the financial institution.
Loan GrowthStrong credit trends are driving growth in the financial sector, particularly through a surge in auto lending.
Stock ValuationAssociated Banc-Corp stands out as an attractive investment, trading around 1.25 times tangible book value and poised for robust performance.
Bears Say
EarningsOp. EPS of $0.45 missed analyst estimates with lower revenues and higher expenses driving the miss.
Financial PerformanceCore PPNR decreased due to higher expenses and flattish NII/fees.
Operational EfficiencyThe core efficiency ratio slightly increased with core fee income down and higher personnel, technology, and advertising expenses.
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Ownership Overview
5.03% Insiders
31.26% Mutual Funds
30.70% Other Institutional Investors
33.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ASB FAQ
What was Associated Banc-Corp’s price range in the past 12 months?
Associated Banc-Corp lowest stock price was $13.77 and its highest was $21.92 in the past 12 months.
What is Associated Banc-Corp’s market cap?
Currently, no data Available
When is Associated Banc-Corp’s upcoming earnings report date?
Associated Banc-Corp’s upcoming earnings report date is Apr 25, 2024 which is in 6 days.
How were Associated Banc-Corp’s earnings last quarter?
Associated Banc-Corp released its earnings results on Jan 25, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.519 by $0.011.
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 $0.22 which represents an annual dividend yield of 4.32%. See more information on Associated Banc-Corp dividends here
What is Associated Banc-Corp’s EPS estimate?
Associated Banc-Corp’s EPS estimate is $0.49.
How many shares outstanding does Associated Banc-Corp have?
Associated Banc-Corp has 150,264,400 shares outstanding.
What happened to Associated Banc-Corp’s price movement after its last earnings report?
Associated Banc-Corp reported an EPS of $0.53 in its last earnings report, beating expectations of $0.519. Following the earnings report the stock price went down -1.062%.
Which hedge fund is a major shareholder of Associated Banc-Corp?
Among the largest hedge funds holding Associated Banc-Corp’s share is Pzena Investment Management LLC. It holds Associated Banc-Corp’s shares valued at 60M.
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Associated Banc-Corp Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$23.33 (16.88% Upside)
$23.33 (16.88% Upside)
Blogger Sentiment
Bullish
ASB Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 65.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $571.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.82%
12-Months-Change
Fundamentals
Return on Equity
4.43%
Trailing 12-Months
Asset Growth
4.09%
Trailing 12-Months
Company Description
Associated Banc-Corp
Associated Banc-Corp. operates as a bank holding company, which offers various banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates through the following segments: Corporate and Commercial Specialty; Community, Consumer and Business; and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves customers including businesses, developers, non-profits, municipalities and financial institutions. The Community, Consumer & Business segment serves individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes corporate risk management, credit administration, finance, treasury, operations and technology shared functions. The company was founded in 1964 and is headquartered in Green Bay, WI.
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ASB Company Deck
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ASB Earnings Call
Q4 2024
0:00 / 0:00
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ASB Stock 12 Months Forecast
Average Price Target
$23.33
▲(16.88% Upside)
Technical Analysis
Best Analysts Covering ASB
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-7.12%
reiterated a buy rating 3 months ago
Copying David George's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -7.12% per trade.
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