Associated Banc-Corp

Associated Banc-Corp

ASBยทNYSE

$26.88

-0.85%
Financial ServicesBanks - Regional

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services such as interest rate risk management, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. As of December 31, 2021, the company operated 215 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

At a Glance

Live Snapshot
Market Cap$4.46B
EPS2.8100
P/E Ratio9.57
Earnings Date07/23/2026
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Associated Banc-Corp Street Expectations Map

ASB ยท NYSE

Wall Street analysts project that ASB stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 30.00, with estimates ranging from a low of 29.00 to a high of 31.00.

Lowest Target
29.00
7.89%
Consensus Target
30.00
11.61%
Highest Target
31.00
15.33%

The consensus 1-year price target stands at 30.00, with estimates ranging from a low of 29.00 to a high of 31.00.

Analyst Consensus Analysis

Upside Potential

+11.6%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

6.7% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Associated Banc-Corp Forward Estimates of Revenue

ASB ยท NYSE
Latest Revenue
2.46B
FY 2025
Avg Estimate
1.63B
FY 2026
Estimate Range
1.61B - 1.65B
Analyst Spread

Forward Growth Analysis

Projected Growth-33.8%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Associated Banc-Corp Forward Estimates of Net Income

ASB ยท NYSE
Latest Net Income
474.78M
FY 2025
Avg Estimate
434.63M
FY 2026
Estimate Range
430.73M - 438.53M
Analyst Spread

Forward Growth Analysis

Projected Growth-8.5%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Associated Banc-Corp Forward Estimates of EPS

ASB ยท NYSE
Latest EPS
2.81
FY 2025
Avg Estimate
$2.84
FY 2026
Estimate Range
$2.81 - $2.86
Analyst Spread

Forward Growth Analysis

Projected Growth+1.0%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Associated Banc-Corp Forward Estimates of EBIT

ASB ยท NYSE
Latest EBIT
577.91M
FY 2025
Avg Estimate
361.80M
FY 2026
Estimate Range
357.14M - 366.47M
Analyst Spread

Forward Growth Analysis

Projected Growth-37.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Associated Banc-Corp Forward Estimates of EBITDA

ASB ยท NYSE
Latest EBITDA
577.91M
FY 2025
Avg Estimate
454.25M
FY 2026
Estimate Range
448.39M - 460.11M
Analyst Spread

Forward Growth Analysis

Projected Growth-21.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Associated Banc-Corp Forward Estimates of SG&A Expense

ASB ยท NYSE
Latest SG&A Expense
597.01M
FY 2025
Avg Estimate
536.33M
FY 2026
Estimate Range
529.41M - 543.25M
Analyst Spread

Forward Growth Analysis

Projected Growth-10.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Associated Banc-Corp Insider Positioning

ASB ยท NYSE

During the last 12 months, insiders have sold $2.74M worth of ASB shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

39.3K

1.10M

Net Activity

-1.1M

-$1.10M

3-6 Months

Bought

0

0.00

Sold

12.6K

356.15K

Net Activity

-356K

-$356K

6-9 Months

Bought

0

0.00

Sold

39.0K

1.01M

Net Activity

-1.0M

-$1.01M

9-12 Months

Bought

0

0.00

Sold

10.3K

279.40K

Net Activity

-279K

-$279K

Top Buyers

No buying activity

Top Sellers

1
APE

Ahern Patrick Edward

Officer: Executive Vice President

40.5K sharesโ€ข4 transactions

$1.06M

2
ERJ

Erickson Randall J.

Officer: Executive Vice President

30.3K sharesโ€ข2 transactions

$845K

3
KEA

Kamerick Eileen A

Director

6.6K sharesโ€ข1 transactions

$185K

4
WJB

Williams John B

Director

6.3K sharesโ€ข2 transactions

$178K

5
VLK

Van Lith Karen

Director

5.3K sharesโ€ข1 transactions

$143K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.74M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$1.10M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.