Q1 EPS Estimates for Associated Banc Lifted by Analyst

Associated Banc-Corp (NYSE:ASB) – Stock analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Associated Banc in a note issued to investors on Thursday, January 23rd. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $0.52 per share for the quarter, up from their prior forecast of $0.51. The consensus estimate for Associated Banc’s current full-year earnings is $2.15 per share. Zacks Research also issued estimates for Associated Banc’s Q2 2025 earnings at $0.54 EPS, Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.63 EPS, FY2025 earnings at $2.26 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.65 EPS and FY2026 earnings at $2.48 EPS.

Associated Banc (NYSE:ASB) last issued its earnings results on Thursday, January 23rd. The bank reported $0.57 EPS for the quarter, beating the consensus estimate of $0.53 by $0.04. Associated Banc had a net margin of 8.15% and a return on equity of 8.18%.

A number of other equities analysts have also recently commented on ASB. Piper Sandler boosted their price target on Associated Banc from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Barclays raised their price target on shares of Associated Banc from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Thursday, December 19th. Wells Fargo & Company upped their price objective on shares of Associated Banc from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Monday. StockNews.com raised shares of Associated Banc from a “sell” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Robert W. Baird lowered their target price on Associated Banc from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Ten equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Associated Banc presently has an average rating of “Hold” and an average target price of $26.78.

Associated Banc Stock Down 1.2 %

Shares of ASB opened at $24.66 on Monday. The firm has a 50 day simple moving average of $25.16 and a two-hundred day simple moving average of $23.48. The company has a market cap of $3.73 billion, a P/E ratio of 20.55, a P/E/G ratio of 2.07 and a beta of 0.94. Associated Banc has a one year low of $19.40 and a one year high of $28.18. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.88 and a quick ratio of 0.88.

Associated Banc Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.73%. Associated Banc’s dividend payout ratio is currently 76.67%.

Insider Activity at Associated Banc

In other Associated Banc news, EVP David L. Stein sold 29,536 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $27.43, for a total transaction of $810,172.48. Following the completion of the sale, the executive vice president now directly owns 81,021 shares in the company, valued at approximately $2,222,406.03. This trade represents a 26.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.45% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Millennium Management LLC boosted its position in shares of Associated Banc by 291.3% during the 2nd quarter. Millennium Management LLC now owns 1,563,274 shares of the bank’s stock worth $33,063,000 after purchasing an additional 1,163,807 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Associated Banc by 315.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 540,057 shares of the bank’s stock valued at $12,907,000 after acquiring an additional 410,118 shares during the period. Verition Fund Management LLC increased its holdings in shares of Associated Banc by 11.2% during the third quarter. Verition Fund Management LLC now owns 3,036,239 shares of the bank’s stock valued at $65,401,000 after acquiring an additional 305,133 shares in the last quarter. Edgestream Partners L.P. acquired a new position in shares of Associated Banc during the third quarter worth approximately $6,082,000. Finally, State Street Corp raised its position in shares of Associated Banc by 3.3% during the third quarter. State Street Corp now owns 8,230,340 shares of the bank’s stock worth $177,282,000 after purchasing an additional 261,877 shares during the period. 82.98% of the stock is owned by institutional investors and hedge funds.

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.