Zacks Research Predicts Reduced Earnings for Associated Banc

Associated Banc-Corp (NYSE:ASB) – Equities research analysts at Zacks Research dropped their Q1 2025 EPS estimates for Associated Banc in a report issued on Thursday, October 17th. Zacks Research analyst R. Department now expects that the bank will earn $0.52 per share for the quarter, down from their prior forecast of $0.53. The consensus estimate for Associated Banc’s current full-year earnings is $2.06 per share. Zacks Research also issued estimates for Associated Banc’s Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.60 EPS and FY2026 earnings at $2.40 EPS.

Associated Banc (NYSE:ASB) last posted its earnings results on Thursday, July 25th. The bank reported $0.52 EPS for the quarter, meeting analysts’ consensus estimates of $0.52. Associated Banc had a net margin of 7.93% and a return on equity of 8.14%. The company had revenue of $321.75 million during the quarter, compared to analysts’ expectations of $330.69 million. During the same quarter in the prior year, the company posted $0.56 earnings per share. Associated Banc’s revenue for the quarter was down .5% compared to the same quarter last year.

A number of other research firms have also recently commented on ASB. Jefferies Financial Group decreased their target price on shares of Associated Banc from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Wednesday, July 3rd. Piper Sandler lifted their price objective on shares of Associated Banc from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods lifted their price objective on shares of Associated Banc from $23.00 to $24.00 and gave the stock a “market perform” rating in a research note on Friday, July 26th. Robert W. Baird lowered their price objective on shares of Associated Banc from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, July 26th. Finally, StockNews.com upgraded shares of Associated Banc from a “sell” rating to a “hold” rating in a research note on Tuesday, July 2nd. Ten research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $23.78.

Associated Banc Trading Up 1.7 %

NYSE:ASB opened at $22.45 on Monday. Associated Banc has a 52 week low of $15.20 and a 52 week high of $24.21. The firm has a 50 day moving average of $21.69 and a 200 day moving average of $21.44. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 1.66 and a beta of 0.93.

Institutional Trading of Associated Banc

Institutional investors and hedge funds have recently modified their holdings of the stock. Steph & Co. grew its stake in Associated Banc by 470.2% during the 1st quarter. Steph & Co. now owns 1,169 shares of the bank’s stock valued at $25,000 after acquiring an additional 964 shares in the last quarter. Bessemer Group Inc. grew its stake in Associated Banc by 285.2% during the 1st quarter. Bessemer Group Inc. now owns 1,225 shares of the bank’s stock valued at $26,000 after acquiring an additional 907 shares in the last quarter. Quest Partners LLC purchased a new stake in Associated Banc during the 2nd quarter valued at about $38,000. Meeder Asset Management Inc. purchased a new stake in Associated Banc during the 1st quarter valued at about $74,000. Finally, Neo Ivy Capital Management purchased a new stake in Associated Banc during the 2nd quarter valued at about $93,000. Hedge funds and other institutional investors own 82.98% of the company’s stock.

Insider Activity at Associated Banc

In other Associated Banc news, EVP Randall J. Erickson sold 23,774 shares of Associated Banc stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $22.99, for a total value of $546,564.26. Following the completion of the transaction, the executive vice president now owns 128,680 shares of the company’s stock, valued at approximately $2,958,353.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Lith Karen Van sold 8,061 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $20.48, for a total transaction of $165,089.28. Following the completion of the sale, the director now owns 54,114 shares of the company’s stock, valued at $1,108,254.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Randall J. Erickson sold 23,774 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $22.99, for a total transaction of $546,564.26. Following the sale, the executive vice president now directly owns 128,680 shares of the company’s stock, valued at $2,958,353.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,835 shares of company stock worth $757,214 over the last three months. Company insiders own 1.45% of the company’s stock.

Associated Banc Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Tuesday, September 3rd were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 3.92%. Associated Banc’s dividend payout ratio is presently 88.89%.

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.