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ASB

ASB - Associated Banc-Corp Stock Price, Fair Value and News

22.23USD+0.08 (+0.36%)Delayed as of 08 May 2024, 12:53 pm ET

Market Summary

ASB
USD22.23+0.08
Delayedas of 08 May 2024, 12:53 pm
0.36%

ASB Alerts

  • 1 major insider sales recently.

ASB Stock Price

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ASB RSI Chart

ASB Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

20.77

Price/Sales (Trailing)

1.64

EV/EBITDA

2.42

Price/Free Cashflow

6.07

ASB Price/Sales (Trailing)

ASB Profitability

EBT Margin

9.60%

Return on Equity

3.86%

Return on Assets

0.39%

Free Cashflow Yield

16.46%

ASB Fundamentals

ASB Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

18.2%

Rev. Growth (Qtr)

-0.38%

ASB Earnings

Earnings (TTM)

160.8M

Earnings Growth (Yr)

-21.47%

Earnings Growth (Qtr)

189.39%

Breaking Down ASB Revenue

52 Week Range

14.4722.29
(Low)(High)

Last 7 days

5.2%

Last 30 days

5.4%

Last 90 days

11.5%

Trailing 12 Months

45.9%

How does ASB drawdown profile look like?

ASB Financial Health

Debt/Equity

0.13

Debt/Cashflow

1.03

ASB Investor Care

Dividend Yield

3.42%

Dividend/Share (TTM)

0.72

Buy Backs (1Y)

0.08%

Diluted EPS (TTM)

0.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.0B000
20231.4B1.6B1.8B2.0B
2022803.5M841.3M955.7M1.1B
20211.2B1.2B1.2B798.2M
20201.2B1.1B1.0B1.3B
20191.3B1.3B1.3B1.2B
20181.1B1.2B1.3B1.2B
20171.1B1.1B1.1B1.1B
20161.0B1.0B1.0B1.1B
2015920.0M864.6M807.1M1.0B
2014957.5M953.9M970.1M971.8M
2013998.4M1.1B1.1B958.6M
2012879.9M869.9M863.4M939.3M
2011776.8M760.6M749.4M886.0M
2010934.7M889.7M847.2M806.1M
200901.1B1.0B981.3M
20080001.1B
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Tracking the Latest Insider Buys and Sells of Associated Banc-Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 06, 2024
utz john a.
sold
-55,437
22.175
-2,500
executive vice president
Apr 30, 2024
kitowski nicole m
sold
-106,578
21.235
-5,019
executive vice president
Apr 30, 2024
jones-tyson rodney
acquired
83,331
21.07
3,955
-
Apr 26, 2024
harmening andrew j
sold (taxes)
-859,349
21.57
-39,840
president & ceo
Apr 15, 2024
dewitt angie
acquired
672
20.146
33.3615
executive vice president
Apr 15, 2024
stadler tammy c.
acquired
2,763
20.146
137
principal accounting officer
Apr 15, 2024
williams terry lynn
acquired
2,108
20.146
104
chief information officer
Apr 15, 2024
utz john a.
acquired
1,347
20.146
66.8887
executive vice president
Apr 15, 2024
kitowski nicole m
acquired
707
20.146
35.1276
executive vice president

1–10 of 50

Which funds bought or sold ASB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
DiNuzzo Private Wealth, Inc.
unchanged
-
3.00
495
-%
May 06, 2024
HighTower Advisors, LLC
sold off
-100
-5,410,000
-
-%
May 06, 2024
Savant Capital, LLC
added
9.53
22,365
242,787
-%
May 06, 2024
INSIGHT 2811, INC.
unchanged
-
1,200
215,100
0.11%
May 06, 2024
SG Americas Securities, LLC
new
-
523,000
523,000
-%
May 06, 2024
ORG Partners LLC
new
-
148
148
-%
May 06, 2024
DUALITY ADVISERS, LP
new
-
641,321
641,321
0.06%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-9.53
-37,080
373,779
-%
May 06, 2024
Parallel Advisors, LLC
added
1.44
985
49,968
-%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.62
59,919
2,800,060
0.02%

1–10 of 48

Are Funds Buying or Selling ASB?

Are funds buying ASB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ASB
No. of Funds

Unveiling Associated Banc-Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.36%
15,639,171
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.2%
10,836,036
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
state street corp
6.27%
9,456,460
SC 13G/A
Jan 23, 2024
blackrock inc.
12.7%
19,211,026
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.2%
10,842,604
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.34%
15,551,573
SC 13G/A
Feb 01, 2023
state street corp
5.27%
7,919,166
SC 13G/A
Jan 26, 2023
blackrock inc.
13.4%
20,180,320
SC 13G/A

Recent SEC filings of Associated Banc-Corp

View All Filings
Date Filed Form Type Document
May 07, 2024
4
Insider Trading
May 06, 2024
8-K
Current Report
May 06, 2024
144
Notice of Insider Sale Intent
May 02, 2024
3
Insider Trading
May 02, 2024
4
Insider Trading
May 02, 2024
8-K
Current Report
May 01, 2024
4
Insider Trading
Apr 30, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
10-Q
Quarterly Report
Apr 29, 2024
4
Insider Trading

Peers (Alternatives to Associated Banc-Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
550.7B
174.7B
-2.88% 39.91%
10.94
3.15
53.11% 19.83%
296.0B
127.4B
1.99% 36.69%
11.83
2.15
56.12% -12.56%
210.0B
85.8B
4.95% 56.96%
11.19
2.45
35.02% 26.14%
118.3B
125.0B
0.65% 33.74%
14.8
0.95
37.85% -
16.2B
10.4B
4.71% 38.12%
11.31
1.55
26.22% -33.87%
14.1B
8.1B
-0.80% 54.34%
16.12
1.73
32.15% -50.93%
MID-CAP
7.1B
4.2B
1.12% 47.25%
10.15
1.66
34.68% -45.96%
6.5B
3.9B
4.13% 80.63%
9.55
1.64
45.91% -25.03%
3.4B
1.3B
5.29% 67.41%
12.7
2.67
43.24% -22.35%
3.3B
1.8B
5.37% 45.89%
20.77
1.64
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
399.1M
152.4M
-3.36% 49.04%
40.14
2.62
16.94% -73.84%
389.7M
162.6M
0.47% 17.60%
12.96
2.4
25.39% -38.37%
273.7M
96.6M
-5.55% 16.05%
8.64
2.83
11.02% -11.37%
40.3M
60.9M
-4.84% -16.90%
-12.04
0.66
24.06% -144.92%

Associated Banc-Corp News

Latest updates
MarketBeat • 19 hours ago
Defense World • 05 May 2024 • 09:05 am
Defense World • 05 May 2024 • 06:08 am
Defense World • 04 May 2024 • 09:08 am
Yahoo News UK • 03 May 2024 • 11:07 pm
Yahoo New Zealand News • 03 May 2024 • 10:31 pm
MarketBeat • 03 May 2024 • 07:00 am
Zacks Investment Research • 26 Apr 2024 • 10:59 am

Associated Banc-Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.4%523525509481443391315237202202200199197576213225263313291306306
EBITDA Margin2.8%0.68*0.66*0.88*1.00*1.14*1.28*1.38*1.46*1.49*1.51*1.03*0.91*---------
Interest Expenses1.8%258253254258274289264216188187184180176188182190203200206214216
Income Taxes142.4%20.00-47.2019.0024.0027.0025.0026.0023.0019.0015.0023.0022.0025.0017.00-58.1151.0010.0017.0021.0019.0022.00
Earnings Before Taxes173.3%101-13810311113113412211093.0092.0011211311984.00-12.9020056.0089.00104104109
EBT Margin-8.7%0.10*0.11*0.26*0.31*0.36*0.40*0.44*0.48*0.51*0.55*0.37*0.26*---------
Net Income189.4%81.00-90.8183.0087.0010310996.0087.0074.0077.0089.0091.0094.0067.0045.0014946.0072.0083.0085.0087.00
Net Income Margin-6.4%0.09*0.09*0.21*0.24*0.29*0.32*0.35*0.39*0.41*0.44*0.29*0.25*---------
Free Cashflow139.1%15565.0019913147.0012423324324616513472.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.3%41,13741,01641,63741,21940,70339,40638,05037,23634,95635,10434,44034,15334,57533,42034,69935,50133,90832,38632,59633,27333,701
    Cash Equivalents-7.8%8529247136308236215028675011,0261,6861,7721,9477161,1142,013679589760557646
  Net PPE-1.4%368373373375376377379388388385383398399419422434438435436432362
  Goodwill-0.5%1,1001,1051,1051,1001,1051,1051,1051,1001,1051,1051,1001,1001,1051,1091,1081,1001,2001,1761,2001,2001,169
Liabilities0.3%36,96836,84237,51037,09736,57735,39034,09633,27731,00831,07930,44530,04330,44729,32930,65331,47730,11828,46428,67629,37329,865
  Short Term Borrowings134.3%766327-------------------
  Long Term Debt-1.0%536541--------------550549797796796
Shareholder's Equity-0.1%4,1694,1744,1284,1234,1264,0153,9543,9593,9484,0253,9954,1104,1284,0914,0454,0243,7903,9223,9213,9003,836
  Retained Earnings1.5%2,9922,9473,0743,0262,9732,9052,8312,7692,7152,6732,6282,5772,5202,4592,4252,4132,2962,3812,3412,2892,236
  Additional Paid-In Capital-0.4%1,7091,7151,7111,7081,7061,7131,7101,7101,7081,7141,7121,7081,7071,7201,7171,7131,7071,7161,7141,6961,690
Shares Outstanding-0.2%151151151151150150149149149151150152---------
Float----2,423---2,714---3,085---2,058---3,375-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations139.1%15565.0019913147.0012423324324616513472.00158127137306-20.0810440084.00-13.60
Cashflow From Investing-134.9%-275788-407-741-1,076-1,273-1,300-2,040-640-1,422-411261-12.35779-250-394-92736.006131,131-162
Cashflow From Financing107.6%49.00-6412914171,2301,2697022,164-130596191-5081,085-1,303-7851,4221,038-310-810-1,304-54.23
  Dividend Payments0.0%34.0034.0032.0032.0032.0032.0030.0030.0031.0030.0031.0028.0028.0028.0028.0028.0028.0029.0027.0028.0028.00
  Buy Backs5216.3%5.000.000.001.005.000.000.001.005.000.000.001.004.000.000.00-0.016.000.000.001.007.00
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ASB Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income  
Interest and fees on loans$ 454,472$ 391,320
Interest and dividends on investment securities  
Taxable46,54830,142
Tax-exempt14,77416,025
Other interest7,5955,329
Total interest income523,388442,817
Interest expense  
Interest on deposits226,231109,422
Interest on federal funds purchased and securities sold under agreements to repurchase2,8633,143
Interest on other short-term funding4,7080
Interest on FHLB advances21,67149,960
Interest on long-term funding10,0586,281
Total interest expense265,530168,807
Net interest income257,858274,010
Provision for credit losses24,00117,971
Net interest income after provision for credit losses233,857256,039
Noninterest income  
Capital markets, net4,0505,083
Mortgage banking, net2,6623,545
Bank and corporate owned life insurance2,5702,664
Asset (losses) gains, net(306)263
Investment securities gains, net3,87951
Other2,3272,422
Noninterest Income, Total64,98562,073
Noninterest expense  
Personnel119,395116,420
Technology26,20023,598
Occupancy13,63315,063
Business development and advertising6,5175,849
Equipment4,5994,930
Legal and professional4,6723,857
Loan and foreclosure costs1,9791,138
FDIC assessment13,9466,875
Other intangible amortization2,2032,203
Other4,5137,479
Total noninterest expense197,657187,412
Income before income taxes101,185130,700
Income tax expense20,01627,340
Net income81,169103,360
Preferred stock dividends2,8752,875
Net income available to common equity$ 78,294$ 100,485
Earnings per common share  
Basic$ 0.52$ 0.67
Diluted$ 0.52$ 0.66
Average common shares outstanding  
Basic149,855149,763
Diluted151,292151,128
Wealth management fees  
Noninterest income  
Noninterest Income In Scope of Topic 606$ 21,694$ 20,189
Service charges and deposit account fees  
Noninterest income  
Noninterest Income In Scope of Topic 60612,43912,994
Card-based fees  
Noninterest income  
Card-based fees11,26710,586
Other fee-based revenue  
Noninterest income  
Card-based fees$ 4,402$ 4,276

ASB Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
AFS investment securities, at fair value$ 3,724,148$ 3,600,892
HTM investment securities, net, at amortized cost3,832,9673,860,160
Equity Securities, FV-NI and without Readily Determinable Fair Value19,57141,651
FHLB and Federal Reserve Bank stocks, at cost173,968229,171
Residential loans held for sale52,41433,011
Commercial loans held for sale090,303
Loans29,494,26329,216,218
Allowance for loan losses(356,006)(351,094)
Tax credit and other investments255,252258,067
Premises and equipment, net367,618372,978
Goodwill1,104,9921,104,992
Other intangible assets, net38,26840,471
Mortgage servicing rights, net85,22684,390
Interest receivable167,092169,569
Other assets640,638658,604
Total assets41,137,08441,015,855
Liabilities and stockholders' equity  
Noninterest-bearing demand deposits6,254,1356,119,956
Interest-bearing deposits27,459,02327,326,093
Total deposits33,713,15833,446,049
Short-Term Debt765,671326,780
FHLB advances1,333,4111,940,194
Allowance for unfunded commitments31,77634,776
Accrued expenses and other liabilities588,341552,814
Total liabilities36,968,41236,841,882
Stockholders’ equity  
Preferred equity194,112194,112
Common stock1,7521,752
Surplus1,708,6521,714,822
Retained earnings2,991,5712,946,805
Accumulated other comprehensive (loss)(209,881)(171,096)
Treasury stock, at cost(517,533)(512,421)
Total common equity3,974,5613,979,861
Total stockholders’ equity4,168,6734,173,973
Total liabilities and stockholders’ equity$ 41,137,084$ 41,015,855
Preferred shares authorized (par value $1.00 per share)750,000750,000
Preferred shares issued and outstanding200,000200,000
Common shares authorized (par value $0.01 per share)250,000,000250,000,000
Common shares issued175,216,409175,216,409
Common shares outstanding150,738,678151,036,674
Preferred shares, par value$ 1.00$ 1.00
Common shares, par value$ 0.01$ 0.01
Fair Value, Inputs, Level 1  
Assets  
Cash and Due from Banks$ 429,859$ 484,384
Interest-bearing deposits in other financial institutions420,114425,089
Federal funds sold and securities purchased under agreements to resell1,61014,350
Fair Value, Inputs, Level 2  
Assets  
Bank and corporate owned life insurance685,089682,649
Liabilities and stockholders' equity  
FHLB advances1,333,4111,940,194
Other long-term funding536,055541,269
Fair Value, Inputs, Level 3  
Assets  
Loans, net$ 29,138,257$ 28,865,124
ASB
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. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
 CEO
 WEBSITEassociatedbank.com
 INDUSTRYBanks Diversified
 EMPLOYEES4223

Associated Banc-Corp Frequently Asked Questions


What is the ticker symbol for Associated Banc-Corp? What does ASB stand for in stocks?

ASB is the stock ticker symbol of Associated Banc-Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Associated Banc-Corp (ASB)?

As of Tue May 07 2024, market cap of Associated Banc-Corp is 3.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASB stock?

You can check ASB's fair value in chart for subscribers.

What is the fair value of ASB stock?

You can check ASB's fair value in chart for subscribers. The fair value of Associated Banc-Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Associated Banc-Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Associated Banc-Corp a good stock to buy?

The fair value guage provides a quick view whether ASB is over valued or under valued. Whether Associated Banc-Corp is cheap or expensive depends on the assumptions which impact Associated Banc-Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASB.

What is Associated Banc-Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, ASB's PE ratio (Price to Earnings) is 20.77 and Price to Sales (PS) ratio is 1.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Associated Banc-Corp's stock?

In the past 10 years, Associated Banc-Corp has provided 0.048 (multiply by 100 for percentage) rate of return.