Associated Banc-Corp Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:AB5 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Mar 25	Sell€164,789	Eileen Kamerick	Individual	7,000	€23.54
14 Feb 25	Sell€67,606	John Williams	Individual	2,830	€23.89
06 Nov 24	Sell€125,583	Paul Schmidt	Individual	5,000	€25.12
12 Sep 24	Sell€149,605	Karen van Lith	Individual	8,061	€18.56
30 Aug 24	Sell€128,053	David Stein	Individual	6,231	€20.55
29 Aug 24	Sell€41,133	John Utz	Individual	2,000	€20.57
31 Jul 24	Sell€505,025	Randall Erickson	Individual	23,774	€21.24
30 Jul 24	Sell€508,188	Paul Schmidt	Individual	23,673	€21.47
06 May 24	Sell€51,452	John Utz	Individual	2,500	€20.58

Insider Trading Volume

Insider Buying: AB5 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of AB5?
Owner Type	Number of Shares	Ownership Percentage
State or Government	59,132	0.0362%
Individual Insiders	1,242,199	0.761%
General Public	17,394,698	10.6%
Institutions	144,642,566	88.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 71.08% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.1%	BlackRock, Inc.	21,455,099	€426.4m	9.44%	0.01%
11.1%	The Vanguard Group, Inc.	18,066,871	€359.1m	8.69%	0.01%
9.08%	FMR LLC	14,838,232	€294.9m	9.38%	0.02%
6.09%	Dimensional Fund Advisors LP	9,952,556	€197.8m	-3.63%	0.03%
5.81%	State Street Global Advisors, Inc.	9,485,918	€188.5m	15.3%	0.01%
2.56%	LSV Asset Management	4,173,662	€83.0m	-0.77%	0.2%
2.36%	Geode Capital Management, LLC	3,849,649	€76.5m	7.4%	0.01%
2.18%	Verition Fund Management LLC	3,561,960	€70.8m	17.3%	0.44%
1.78%	Macquarie Investment Management Business Trust	2,907,167	€57.8m	11.2%	0.08%
1.55%	Associated Trust Company, National Association	2,529,519	€50.3m	-6.18%	1.74%
1.38%	Charles Schwab Investment Management, Inc.	2,248,435	€44.7m	0%	0.01%
1.34%	Northern Trust Global Investments	2,182,882	€43.4m	19.9%	0.01%
1.32%	AllianceBernstein L.P.	2,158,506	€42.9m	-1.38%	0.02%
1.22%	First Trust Advisors LP	1,997,553	€39.7m	87.7%	0.04%
1.22%	Allspring Global Investments, LLC	1,992,247	€39.6m	-0.98%	0.07%
1.1%	Pzena Investment Management, Inc.	1,798,807	€35.8m	-26.9%	0.07%
1.07%	BNY Asset Management	1,746,284	€34.7m	1.81%	0.01%
1%	American Century Investment Management Inc	1,635,668	€32.5m	-1.39%	0.02%
0.98%	Balyasny Asset Management L.P.	1,597,950	€31.8m	264%	0.09%
0.96%	Wellington Management Group LLP	1,575,821	€31.3m	0%	0.01%
0.93%	Norges Bank Investment Management	1,512,322	€30.1m	39.9%	no data
0.9%	Hotchkis and Wiley Capital Management, LLC	1,472,385	€29.3m	115%	0.1%
0.88%	Citadel Advisors LLC	1,431,466	€28.4m	2,220%	0.03%
0.6%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	977,038	€19.4m	130%	no data
0.58%	Morgan Stanley, Investment Banking and Brokerage Investments	954,968	€19.0m	6.23%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/02 01:57
End of Day Share Price	2025/05/02 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Associated Banc-Corp is covered by 26 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David George	Baird
Matthew Keating	Barclays
Jared David Shaw	Barclays