Associated Banc Q1 EPS Estimate Reduced by Zacks Research

Associated Banc-Corp (NYSE:ASB) – Research analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Associated Banc in a research report issued to clients and investors on Thursday, October 17th. Zacks Research analyst R. Department now expects that the bank will earn $0.52 per share for the quarter, down from their previous estimate of $0.53. The consensus estimate for Associated Banc’s current full-year earnings is $2.06 per share. Zacks Research also issued estimates for Associated Banc’s Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.60 EPS and FY2026 earnings at $2.40 EPS.

A number of other brokerages have also weighed in on ASB. StockNews.com raised Associated Banc from a “sell” rating to a “hold” rating in a research report on Tuesday, July 2nd. Keefe, Bruyette & Woods upped their price objective on shares of Associated Banc from $23.00 to $24.00 and gave the stock a “market perform” rating in a research note on Friday, July 26th. Robert W. Baird dropped their target price on shares of Associated Banc from $27.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, July 26th. Royal Bank of Canada boosted their price target on shares of Associated Banc from $23.00 to $25.00 and gave the company a “sector perform” rating in a report on Friday, July 26th. Finally, Jefferies Financial Group lowered their price target on shares of Associated Banc from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Wednesday, July 3rd. Ten equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Associated Banc presently has a consensus rating of “Hold” and an average price target of $23.78.

Associated Banc Stock Down 1.3 %

Shares of NYSE ASB opened at $22.85 on Monday. Associated Banc has a 52-week low of $15.16 and a 52-week high of $24.21. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 1.66 and a beta of 0.93. The stock has a 50 day moving average price of $21.62 and a 200 day moving average price of $21.42. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.89 and a current ratio of 0.89.

Associated Banc (NYSE:ASB) last released its earnings results on Thursday, July 25th. The bank reported $0.52 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.52. The business had revenue of $321.75 million for the quarter, compared to analyst estimates of $330.69 million. Associated Banc had a return on equity of 8.14% and a net margin of 7.93%. The business’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.56 earnings per share.

Institutional Trading of Associated Banc

Large investors have recently bought and sold shares of the stock. Steph & Co. lifted its stake in shares of Associated Banc by 470.2% during the first quarter. Steph & Co. now owns 1,169 shares of the bank’s stock worth $25,000 after buying an additional 964 shares during the period. Bessemer Group Inc. lifted its position in Associated Banc by 285.2% during the 1st quarter. Bessemer Group Inc. now owns 1,225 shares of the bank’s stock worth $26,000 after acquiring an additional 907 shares during the period. Quest Partners LLC purchased a new stake in Associated Banc during the 2nd quarter valued at about $38,000. Meeder Asset Management Inc. acquired a new position in shares of Associated Banc in the first quarter valued at about $74,000. Finally, Neo Ivy Capital Management purchased a new position in shares of Associated Banc in the second quarter worth about $93,000. Hedge funds and other institutional investors own 82.98% of the company’s stock.

Insider Activity at Associated Banc

In other Associated Banc news, Director Lith Karen Van sold 8,061 shares of Associated Banc stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $20.48, for a total value of $165,089.28. Following the transaction, the director now directly owns 54,114 shares of the company’s stock, valued at approximately $1,108,254.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Randall J. Erickson sold 23,774 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $22.99, for a total transaction of $546,564.26. Following the sale, the executive vice president now owns 128,680 shares in the company, valued at approximately $2,958,353.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lith Karen Van sold 8,061 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $20.48, for a total transaction of $165,089.28. Following the completion of the transaction, the director now directly owns 54,114 shares of the company’s stock, valued at $1,108,254.72. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,835 shares of company stock valued at $757,214 over the last 90 days. Insiders own 1.45% of the company’s stock.

Associated Banc Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $0.88 annualized dividend and a dividend yield of 3.85%. Associated Banc’s dividend payout ratio (DPR) is presently 88.89%.

Associated Banc Company Profile

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit.