Associated Banc-Corp

NYSE:ASB Stock Report

Market Cap: US$3.7b

Associated Banc-Corp Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Andy Harmening

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage19.6%
CEO tenure4yrs
CEO ownership0.1%
Management average tenure6yrs
Board average tenure9.7yrs

Recent management updates

Recent updates

Associated Banc-Corp: The Recent Plunge Is A Blessing

Apr 30

Associated Banc-Corp: Baby Bonds With Good Income, Opportunity To Reset At Higher Yield

Feb 18

A Downgrade Could Be On The Horizon For Associated Banc-Corp

Dec 08

Associated Banc-Corp (NYSE:ASB) Will Pay A Larger Dividend Than Last Year At $0.23

Nov 16
Associated Banc-Corp (NYSE:ASB) Will Pay A Larger Dividend Than Last Year At $0.23

Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.23

Nov 02
Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.23

Associated Banc-Corp: Reset Rate Baby Bonds Offer Good Income

Sep 17
author-image

Dynamic Digital Strategies And Expansions Set To Propel Bank's Growth And Customer Loyalty

Sep 04 Strategic enhancements in digital platforms and targeted marketing are set to attract new customers, boosting revenue through growth in customer base and deposits.

Associated Banc-Corp: Despite Recent Weaknesses, This Is Still A Bank To Bank On

Aug 16

Associated Banc-Corp: Baby Bond Presents Best Income Option

May 16

We Think The Compensation For Associated Banc-Corp's (NYSE:ASB) CEO Looks About Right

Apr 25
We Think The Compensation For Associated Banc-Corp's (NYSE:ASB) CEO Looks About Right

Associated Banc-Corp: Don't Bank On More Massive Upside (Rating Downgrade)

Mar 07

Is Now The Time To Put Associated Banc-Corp (NYSE:ASB) On Your Watchlist?

Jan 16
Is Now The Time To Put Associated Banc-Corp (NYSE:ASB) On Your Watchlist?

Associated Banc-Corp: Compelling 8.8% Yielding Baby Bond

Dec 11

Associated Banc-Corp: A Great Price For A Stellar Bank

Oct 13

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

Oct 03
If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity

CEO Compensation Analysis

How has Andy Harmening's remuneration changed compared to Associated Banc-Corp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$131m

Dec 31 2024US$5mUS$1m

US$111m

Sep 30 2024n/an/a

US$182m

Jun 30 2024n/an/a

US$177m

Mar 31 2024n/an/a

US$148m

Dec 31 2023US$5mUS$1m

US$170m

Sep 30 2023n/an/a

US$369m

Jun 30 2023n/an/a

US$382m

Mar 31 2023n/an/a

US$381m

Dec 31 2022US$6mUS$1m

US$352m

Sep 30 2022n/an/a

US$321m

Jun 30 2022n/an/a

US$312m

Mar 31 2022n/an/a

US$314m

Dec 31 2021US$11mUS$675k

US$332m

Compensation vs Market: Andy's total compensation ($USD5.47M) is about average for companies of similar size in the US market ($USD7.60M).

Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.

CEO

Andy Harmening (55 yo)

4yrs

Tenure

US$5,473,088

Compensation

Mr. Andrew John Harmening, also known as Andy, serves as President, Chief Executive Officer and Director at Associated Banc-Corp since April 28, 2021. He has been President and Chief Executive Officer at A...

Leadership Team

NamePositionTenureCompensationOwnership
Andrew Harmening
President4yrsUS$5.47m0.14%
$ 5.2m
Derek Meyer
Executive VP & CFO2.7yrsUS$1.66m0.035%
$ 1.3m
Randall Erickson
Executive VP13yrsUS$1.39m0.074%
$ 2.7m
David Stein
Executive VP17.8yrsUS$1.32m0.10%
$ 3.7m
John Utz
Executive VP13.8yrsUS$1.48m0.080%
$ 2.9m
Ryan Beld
Corporate Controller & Chief Accounting Officerless than a yearno data0.0044%
$ 161.8k
Terry Williams
Executive VP & Chief Information Officer2.3yrsno data0.0075%
$ 275.3k
Ben McCarville
VP & Director of Investor Relationsno datano datano data
Anthony Pecora
Senior VP9.3yrsno datano data
Bryan Carson
Executive VP2.8yrsno data0.024%
$ 886.9k
Angie DeWitt
Executive VP & Chief Human Resources Officer6yrsno data0.036%
$ 1.3m
Donald Lloyd
Senior VP & Manager of Capital Markets17yrsno datano data

6.0yrs

Average Tenure

56yo

Average Age

Experienced Management: ASB's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andrew Harmening
President4yrsUS$5.47m0.14%
$ 5.2m
Rodney Tyson
Independent Director1yrUS$143.33k0.0025%
$ 91.1k
Gale Klappa
Independent Director8.8yrsUS$216.25k0%
$ 0
Eileen Kamerick
Independent Director18.1yrsUS$216.25k0.0010%
$ 38.1k
Robert Jeffe
Independent Director14.2yrsUS$216.25k0%
$ 0
John Williams
Independent Chairman of the Board13.8yrsUS$308.00k0.012%
$ 450.6k
Karen van Lith
Independent Director21yrsUS$219.25k0.0078%
$ 284.4k
Robert Gerken
Independent Director10.5yrsUS$205.00k0.0031%
$ 112.0k
Cory Nettles
Independent Director11.3yrsUS$219.25k0%
$ 0
Judith Greffin
Independent Director8yrsUS$205.00k0%
$ 0
Kristen Ludgate
Independent Directorless than a yearUS$6.70k0.00016%
$ 5.9k
Michael Haddad
Independent Director6yrsUS$205.00k0.0090%
$ 329.4k

9.7yrs

Average Tenure

64yo

Average Age

Experienced Board: ASB's board of directors are considered experienced (9.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/30 19:38
End of Day Share Price 2025/04/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
David GeorgeBaird
Matthew KeatingBarclays
Jared David ShawBarclays