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.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
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Associated Banc-Corp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.11 |
| 52 Week High | US$25.50 |
| 52 Week Low | US$14.47 |
| Beta | 0.98 |
| 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 IPO | 179.64% |
Recent News & Updates
Recent updates
Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's
Apr 29
Associated Banc-Corp Worth Watching As It Prudently Manages Growth
Feb 09Associated Banc-Corp (NYSE:ASB) Has Affirmed Its Dividend Of $0.21
Feb 05Associated Banc-Corp declares $0.21 dividend
Feb 01If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity
Jan 30Associated Banc-Corp GAAP EPS of $0.70 beats by $0.04, revenue of $289M misses by $57.62M
Jan 26Associated Banc-Corp: Topline Growth To Slow Down But Remain Positive
Jan 18Associated Banc-Corp Is Starting To Convince Its Skeptics Through Good Execution
Oct 26Associated Banc-Corp GAAP EPS of $0.62 beats by $0.03, revenue of $335M beats by $17.73M
Oct 20Associated Banc-Corp: Strong Balance Sheet Growth To Translate Into Earnings Growth
Aug 21Associated Banc-Corp (NYSE:ASB) Has Announced A Dividend Of $0.20
Aug 04Associated Banc-Corp Q2 2022 Earnings Preview
Jul 20Associated Banc-Corp: Attractively Valued With A Rosy Loan Growth Outlook
Jun 06Associated Banc-Corp: Earnings To Dip As Provisioning Increases
Jan 24Associated Banc-Corp: Earnings Outlook Riding On Loan Initiatives
Nov 04Associated Banc-Corp's (NYSE:ASB) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 30Associated Banc-Corp: Provision Reversals, Loan Growth To Support Earnings
Aug 21Associated Banc-Corp's (NYSE:ASB) Dividend Will Be Increased To US$0.20
Aug 03Associated Banc-Corp stock falls after Wells Fargo turns neutral
Jun 04Associated Banc-Corp's (NYSE:ASB) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 19Should You Buy Associated Banc-Corp (NYSE:ASB) For Its Upcoming Dividend?
Feb 21
Shareholder Returns
| ASB | US Banks | US 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
| ASB volatility | |
|---|---|
| ASB Average Weekly Movement | 6.7% |
| Banks Industry Average Movement | 6.0% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1861 | 4,219 | Andy Harmening | https://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
| ASB fundamental statistics | |
|---|---|
| Market Cap | US$2.24b |
| Earnings (TTM) | US$381.80m |
| Revenue (TTM) | US$1.25b |
5.9x
P/E Ratio0.6x
P/B RatioIs ASB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASB income statement (TTM) | |
|---|---|
| Revenue | US$1.25b |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.25b |
| Other Expenses | US$867.21m |
| Earnings | US$381.80m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.58 |
| Gross Margin | 100.00% |
| Net Profit Margin | 30.57% |
| Debt/Equity Ratio | 139.5% |
How did ASB perform over the long term?
See historical performance and comparison