Zacks Research Forecasts Lower Earnings for Associated Banc

Associated Banc-Corp (NYSE:ASB) – Research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for shares of Associated Banc in a research report issued on Wednesday, December 4th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $0.51 for the quarter, down from their prior estimate of $0.53. The consensus estimate for Associated Banc’s current full-year earnings is $2.13 per share. Zacks Research also issued estimates for Associated Banc’s Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $2.17 EPS, Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.58 EPS, Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $2.35 EPS.

Associated Banc (NYSE:ASB) last announced its quarterly earnings data on Thursday, October 24th. The bank reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. The company had revenue of $607.54 million for the quarter, compared to analyst estimates of $336.52 million. Associated Banc had a return on equity of 8.18% and a net margin of 8.15%. During the same quarter last year, the firm posted $0.53 EPS.

Other research analysts have also recently issued research reports about the stock. StockNews.com raised shares of Associated Banc from a “sell” rating to a “hold” rating in a research report on Thursday, October 31st. Royal Bank of Canada reissued a “sector perform” rating and set a $28.00 price target on shares of Associated Banc in a research report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their price target on shares of Associated Banc from $25.00 to $28.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Wells Fargo & Company boosted their price target on shares of Associated Banc from $24.00 to $26.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 3rd. Finally, Barclays boosted their price target on shares of Associated Banc from $24.00 to $27.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Ten investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Associated Banc has an average rating of “Hold” and a consensus target price of $25.89.

Associated Banc Stock Down 0.7 %

NYSE ASB opened at $25.84 on Monday. The business’s fifty day simple moving average is $24.47 and its 200-day simple moving average is $22.47. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.65. The firm has a market cap of $3.91 billion, a PE ratio of 21.53, a P/E/G ratio of 1.88 and a beta of 0.93. Associated Banc has a 52 week low of $19.21 and a 52 week high of $28.18.

Associated Banc Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.23 dividend. The ex-dividend date is Monday, December 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 3.56%. This is a boost from Associated Banc’s previous quarterly dividend of $0.22. Associated Banc’s dividend payout ratio is presently 76.67%.

Insider Buying and Selling at Associated Banc

In other Associated Banc news, EVP John A. Utz sold 19,044 shares of the business’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $24.19, for a total transaction of $460,674.36. Following the sale, the executive vice president now directly owns 100,204 shares in the company, valued at $2,423,934.76. This represents a 15.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP David L. Stein sold 29,536 shares of the business’s 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 sale, the executive vice president now owns 81,021 shares in the company, valued at $2,222,406.03. This trade represents a 26.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,641 shares of company stock valued at $1,435,936 over the last 90 days. 1.45% of the stock is owned by insiders.

Institutional Trading of Associated Banc

A number of large investors have recently made changes to their positions in ASB. CWM LLC increased its stake in shares of Associated Banc by 30.6% during the second quarter. CWM LLC now owns 7,084 shares of the bank’s stock worth $150,000 after buying an additional 1,661 shares during the period. M&G Plc increased its stake in shares of Associated Banc by 12.4% during the second quarter. M&G Plc now owns 411,761 shares of the bank’s stock worth $8,647,000 after buying an additional 45,542 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Associated Banc by 14.1% during the second quarter. Assenagon Asset Management S.A. now owns 55,365 shares of the bank’s stock worth $1,171,000 after buying an additional 6,852 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in shares of Associated Banc by 31.1% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 28,530 shares of the bank’s stock worth $603,000 after buying an additional 6,768 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in Associated Banc by 54.8% in the second quarter. Nisa Investment Advisors LLC now owns 34,729 shares of the bank’s stock valued at $735,000 after purchasing an additional 12,296 shares in the last quarter. 82.98% of the stock is currently owned by hedge funds and other institutional investors.

Associated Banc Company Profile

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.