Brokers Set Expectations for Associated Banc Q1 Earnings

Associated Banc-Corp (NYSE:ASB) – Stock analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for Associated Banc in a research note issued to investors on Friday, February 14th. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $0.54 per share for the quarter, up from their prior estimate of $0.52. The consensus estimate for Associated Banc’s current full-year earnings is $2.41 per share. Zacks Research also issued estimates for Associated Banc’s Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.64 EPS, FY2025 earnings at $2.38 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.58 EPS and FY2027 earnings at $2.75 EPS.

Associated Banc (NYSE:ASB) last issued its quarterly earnings data on Thursday, January 23rd. The bank reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.04. Associated Banc had a return on equity of 8.24% and a net margin of 5.15%.

ASB has been the subject of a number of other research reports. StockNews.com downgraded shares of Associated Banc from a “hold” rating to a “sell” rating in a report on Friday, January 31st. Piper Sandler raised their price objective on Associated Banc from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Robert W. Baird cut their target price on Associated Banc from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Keefe, Bruyette & Woods raised their price target on Associated Banc from $29.00 to $30.00 and gave the stock a “market perform” rating in a research report on Friday, January 24th. Finally, Royal Bank of Canada increased their target price on shares of Associated Banc from $26.00 to $27.00 and gave the company a “sector perform” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $27.00.

Associated Banc Price Performance

ASB stock opened at $25.08 on Monday. The company has a fifty day simple moving average of $24.76 and a two-hundred day simple moving average of $23.65. Associated Banc has a 52 week low of $19.76 and a 52 week high of $28.18. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $3.79 billion, a P/E ratio of 31.74, a price-to-earnings-growth ratio of 1.61 and a beta of 0.94.

Associated Banc Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.92 dividend on an annualized basis and a yield of 3.67%. Associated Banc’s payout ratio is 116.46%.

Hedge Funds Weigh In On Associated Banc

A number of hedge funds have recently added to or reduced their stakes in ASB. Thrivent Financial for Lutherans raised its holdings in shares of Associated Banc by 221.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 163,003 shares of the bank’s stock valued at $3,511,000 after purchasing an additional 112,323 shares in the last quarter. State Street Corp lifted its position in Associated Banc by 3.3% during the 3rd quarter. State Street Corp now owns 8,230,340 shares of the bank’s stock worth $177,282,000 after acquiring an additional 261,877 shares during the period. Harbor Capital Advisors Inc. lifted its holdings in shares of Associated Banc by 11,595.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 76,370 shares of the bank’s stock worth $1,825,000 after purchasing an additional 75,717 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Associated Banc by 315.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 540,057 shares of the bank’s stock valued at $12,907,000 after acquiring an additional 410,118 shares during the last quarter. Finally, Crescent Grove Advisors LLC boosted its holdings in Associated Banc by 15.4% in the fourth quarter. Crescent Grove Advisors LLC now owns 101,591 shares of the bank’s stock valued at $2,428,000 after purchasing an additional 13,521 shares during the last quarter. 82.98% of the stock is currently owned by institutional investors.

About Associated Banc

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.