Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Associated Banc-Corp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ASB's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ASB underperformed the US Banks industry which returned 78% over the past year.
Return vs Market: ASB exceeded the US Market which returned 52.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Associated Banc-Corp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIndependent Director John Bergstrom Just Bought 144% More Shares In Associated Banc-Corp (NYSE:ASB)
3 weeks ago | Simply Wall StUpdate: Associated Banc-Corp (NYSE:ASB) Stock Gained 65% In The Last Year
1 month ago | Simply Wall StAssociated Banc-Corp's (NYSE:ASB) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Is Associated Banc-Corp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASB ($22.8) is trading below our estimate of fair value ($25.97)
Significantly Below Fair Value: ASB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ASB is good value based on its PE Ratio (10.4x) compared to the US Banks industry average (12.1x).
PE vs Market: ASB is good value based on its PE Ratio (10.4x) compared to the US market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: ASB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ASB is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.1x).
How is Associated Banc-Corp forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASB's earnings are forecast to decline over the next 3 years (-15.7% per year).
Earnings vs Market: ASB's earnings are forecast to decline over the next 3 years (-15.7% per year).
High Growth Earnings: ASB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ASB's revenue (0.03% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ASB's revenue (0.03% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASB's Return on Equity is forecast to be high in 3 years time
How has Associated Banc-Corp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASB has high quality earnings.
Growing Profit Margin: ASB's current net profit margins (29%) are higher than last year (23.2%).
Past Earnings Growth Analysis
Earnings Trend: ASB's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: ASB's earnings growth over the past year (23.9%) exceeds its 5-year average (12.8% per year).
Earnings vs Industry: ASB earnings growth over the past year (23.9%) exceeded the Banks industry 17.1%.
Return on Equity
High ROE: ASB's Return on Equity (8.6%) is considered low.
How is Associated Banc-Corp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ASB's Assets to Equity ratio (8.4x) is low.
Allowance for Bad Loans: ASB has a sufficient allowance for bad loans (216%).
Low Risk Liabilities: 91% of ASB's liabilities are made up of primarily low risk sources of funding.
Loan Level: ASB has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: ASB's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: ASB has an appropriate level of bad loans (0.7%).
What is Associated Banc-Corp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ASB's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: ASB's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: ASB's dividends per share have been stable in the past 10 years.
Growing Dividend: ASB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.9%), ASB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Harmening (51 yo)
Mr. Andrew J. Harmening, also known as Andy, serves as President and Chief Executive Officer at Associated Banc-Corp and Associated Bank, National Association since April 28, 2021. He serves as President o...
Experienced Management: ASB's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: ASB's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Associated Banc-Corp's company bio, employee growth, exchange listings and data sources
- Name: Associated Banc-Corp
- Ticker: ASB
- Exchange: NYSE
- Founded: 1861
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$3.428b
- Shares outstanding: 150.34m
- Website: https://www.associatedbank.com
Number of Employees
- Associated Banc-Corp
- 433 Main Street
- Green Bay
- United States
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 segmen...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/05 22:43|
|End of Day Share Price||2021/05/05 00:00|
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 here.