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ASB

Associated Banc-Corp NYSE:ASB Stock Report

Last Price

US$15.11

Market Cap

US$2.2b

7D

-2.5%

1Y

-28.2%

Updated

01 Jun, 2023

Data

Company Financials +

ASB Stock Overview

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota.

ASB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends6/6

My Notes

Capture your thoughts, links and company narrative

Associated Banc-Corp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Associated Banc-Corp
Historical stock prices
Current Share PriceUS$15.11
52 Week HighUS$25.50
52 Week LowUS$14.47
Beta0.98
1 Month Change-7.02%
3 Month Change-34.56%
1 Year Change-28.18%
3 Year Change-1.69%
5 Year Change-47.35%
Change since IPO179.64%

Recent News & Updates

Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's

Apr 29
Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's

Apr 29
Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's

Associated Banc-Corp Worth Watching As It Prudently Manages Growth

Feb 09

Associated Banc-Corp (NYSE:ASB) Has Affirmed Its Dividend Of $0.21

Feb 05
Associated Banc-Corp (NYSE:ASB) Has Affirmed Its Dividend Of $0.21

Associated Banc-Corp declares $0.21 dividend

Feb 01

If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity

Jan 30
If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity

Associated Banc-Corp GAAP EPS of $0.70 beats by $0.04, revenue of $289M misses by $57.62M

Jan 26

Associated Banc-Corp: Topline Growth To Slow Down But Remain Positive

Jan 18

Associated Banc-Corp Is Starting To Convince Its Skeptics Through Good Execution

Oct 26

Associated Banc-Corp GAAP EPS of $0.62 beats by $0.03, revenue of $335M beats by $17.73M

Oct 20

Associated Banc-Corp: Strong Balance Sheet Growth To Translate Into Earnings Growth

Aug 21

Associated Banc-Corp (NYSE:ASB) Has Announced A Dividend Of $0.20

Aug 04
Associated Banc-Corp (NYSE:ASB) Has Announced A Dividend Of $0.20

Associated Banc-Corp Q2 2022 Earnings Preview

Jul 20

Associated Banc-Corp: Attractively Valued With A Rosy Loan Growth Outlook

Jun 06

Associated Banc-Corp: Earnings To Dip As Provisioning Increases

Jan 24

Associated Banc-Corp: Earnings Outlook Riding On Loan Initiatives

Nov 04

Associated Banc-Corp's (NYSE:ASB) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 30
Associated Banc-Corp's (NYSE:ASB) Shareholders Will Receive A Bigger Dividend Than Last Year

Associated Banc-Corp: Provision Reversals, Loan Growth To Support Earnings

Aug 21

Associated Banc-Corp's (NYSE:ASB) Dividend Will Be Increased To US$0.20

Aug 03
Associated Banc-Corp's (NYSE:ASB) Dividend Will Be Increased To US$0.20

Associated Banc-Corp stock falls after Wells Fargo turns neutral

Jun 04

Associated Banc-Corp's (NYSE:ASB) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Mar 19
Associated Banc-Corp's (NYSE:ASB) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Should You Buy Associated Banc-Corp (NYSE:ASB) For Its Upcoming Dividend?

Feb 21
Should You Buy Associated Banc-Corp (NYSE:ASB) For Its Upcoming Dividend?

Shareholder Returns

ASBUS BanksUS Market
7D-2.5%-0.04%1.8%
1Y-28.2%-18.2%-1.0%

Return vs Industry: ASB underperformed the US Banks industry which returned -18.2% over the past year.

Return vs Market: ASB underperformed the US Market which returned -1% over the past year.

Price Volatility

Is ASB's price volatile compared to industry and market?
ASB volatility
ASB Average Weekly Movement6.7%
Banks Industry Average Movement6.0%
Market Average Movement6.5%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ASB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ASB's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18614,219Andy Harmeninghttps://www.associatedbank.com

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.

Associated Banc-Corp Fundamentals Summary

How do Associated Banc-Corp's earnings and revenue compare to its market cap?
ASB fundamental statistics
Market CapUS$2.24b
Earnings (TTM)US$381.80m
Revenue (TTM)US$1.25b

5.9x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASB income statement (TTM)
RevenueUS$1.25b
Cost of RevenueUS$0
Gross ProfitUS$1.25b
Other ExpensesUS$867.21m
EarningsUS$381.80m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.58
Gross Margin100.00%
Net Profit Margin30.57%
Debt/Equity Ratio139.5%

How did ASB perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

32%

Payout Ratio