Analysts Set Expectations for Associated Banc Q1 Earnings

Associated Banc-Corp (NYSE:ASB) – Investment analysts at Zacks Research reduced their Q1 2025 EPS estimates for shares of Associated Banc in a note issued to investors on Thursday, October 17th. Zacks Research analyst R. Department now anticipates that the bank will earn $0.52 per share for the quarter, down from their prior estimate 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.

Several other brokerages have also recently weighed in on ASB. Royal Bank of Canada lifted their price objective on shares of Associated Banc from $23.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods boosted their price target on Associated Banc from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Friday, July 26th. StockNews.com upgraded Associated Banc from a “sell” rating to a “hold” rating in a research note on Tuesday, July 2nd. Robert W. Baird cut their target price on Associated Banc from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Friday, July 26th. Finally, Baird R W lowered Associated Banc from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 17th. Ten research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $23.78.

Associated Banc Stock Down 3.5 %

ASB opened at $22.06 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a fifty day moving average of $21.65 and a 200-day moving average of $21.43. Associated Banc has a fifty-two week low of $15.20 and a fifty-two week high of $24.21. The company has a market capitalization of $3.33 billion, a P/E ratio of 22.28, a P/E/G ratio of 1.66 and a beta of 0.93.

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

Hedge Funds Weigh In On Associated Banc

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

Insider Activity at Associated Banc

In other Associated Banc news, Director Lith Karen Van sold 8,061 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $20.48, for a total transaction of $165,089.28. Following the sale, the director now owns 54,114 shares of the company’s stock, valued at approximately $1,108,254.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Lith Karen Van sold 8,061 shares of Associated Banc 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 sale, the director now directly owns 54,114 shares of the company’s stock, valued at approximately $1,108,254.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John A. Utz sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $22.78, for a total value of $45,560.00. Following the completion of the transaction, the executive vice president now directly owns 99,637 shares of the company’s stock, valued at $2,269,730.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,835 shares of company stock valued at $757,214 in the last quarter. Insiders own 1.45% of the company’s stock.

Associated Banc Dividend Announcement

The business also recently disclosed 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. This represents a $0.88 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend was Tuesday, September 3rd. Associated Banc’s dividend payout ratio is 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.