Q1 EPS Estimates for Associated Banc Cut by Zacks Research

Associated Banc-Corp (NYSE:ASB) – Zacks Research cut their Q1 2025 earnings per share estimates for shares of Associated Banc in a 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 previous forecast 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.

A number of other brokerages also recently commented on ASB. Royal Bank of Canada reissued a “sector perform” rating and issued a $28.00 price objective on shares of Associated Banc in a research note on Thursday. Barclays boosted their price target on Associated Banc from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Thursday. Piper Sandler raised their price target on shares of Associated Banc from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday. Wells Fargo & Company boosted their target price on Associated Banc from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 3rd. Finally, StockNews.com upgraded shares of Associated Banc from a “sell” rating to a “hold” rating in a report on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Associated Banc presently has a consensus rating of “Hold” and a consensus target price of $25.89.

Associated Banc Trading Down 0.2 %

NYSE:ASB opened at $26.01 on Monday. The firm has a 50-day simple moving average of $24.38 and a 200-day simple moving average of $22.44. Associated Banc has a one year low of $18.96 and a one year high of $28.18. The firm has a market cap of $3.93 billion, a P/E ratio of 21.68, a P/E/G ratio of 1.88 and a beta of 0.93. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.88 and a current ratio of 0.88.

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

Associated Banc Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.23 per share. The ex-dividend date is Monday, December 2nd. This is a positive change from Associated Banc’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 3.54%. Associated Banc’s dividend payout ratio (DPR) is currently 76.67%.

Insider Buying and Selling at Associated Banc

In other Associated Banc news, EVP John A. Utz sold 19,044 shares of Associated Banc stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $24.19, for a total value of $460,674.36. Following the completion of the transaction, the executive vice president now owns 100,204 shares of the company’s stock, valued at approximately $2,423,934.76. The trade was a 15.97 % 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. Also, Director Lith Karen Van sold 8,061 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $20.48, for a total transaction of $165,089.28. Following the completion of the transaction, the director now owns 54,114 shares of the company’s stock, valued at approximately $1,108,254.72. This trade represents a 12.97 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 56,641 shares of company stock worth $1,435,936. Company insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Associated Banc

A number of large investors have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC increased its position in shares of Associated Banc by 4.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,312 shares of the bank’s stock worth $234,000 after purchasing an additional 525 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Associated Banc by 2.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,461 shares of the bank’s stock valued at $419,000 after purchasing an additional 525 shares during the period. Arizona State Retirement System increased its position in shares of Associated Banc by 1.4% during the 2nd quarter. Arizona State Retirement System now owns 42,068 shares of the bank’s stock worth $890,000 after purchasing an additional 586 shares during the last quarter. Truist Financial Corp increased its position in shares of Associated Banc by 2.4% during the second quarter. Truist Financial Corp now owns 27,082 shares of the bank’s stock valued at $573,000 after acquiring an additional 636 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of Associated Banc by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 50,680 shares of the bank’s stock worth $1,072,000 after buying an additional 656 shares during the period. Institutional investors and hedge funds own 82.98% of the company’s stock.

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.