FY2026 EPS Forecast for Associated Banc Decreased by Analyst

Associated Banc-Corp (NYSE:ASB) – Equities research analysts at Zacks Research decreased their FY2026 earnings estimates for shares of Associated Banc in a research note issued on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $2.57 per share for the year, down from their previous estimate of $2.58. The consensus estimate for Associated Banc’s current full-year earnings is $2.43 per share.

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

Several other equities analysts also recently issued reports on the stock. Wells Fargo & Company increased their price objective on shares of Associated Banc from $26.00 to $27.00 and gave the company an “equal weight” rating in a report on Monday, January 27th. Keefe, Bruyette & Woods lifted their price target on shares of Associated Banc from $29.00 to $30.00 and gave the company a “market perform” rating in a research report on Friday, January 24th. Royal Bank of Canada raised their price objective 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. Robert W. Baird decreased their price target on shares of Associated Banc from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Finally, Piper Sandler boosted their price objective on shares of Associated Banc from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Associated Banc has an average rating of “Hold” and a consensus target price of $27.11.

Associated Banc Stock Performance

Shares of NYSE ASB opened at $21.96 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.86 and a current ratio of 0.88. The company has a market capitalization of $3.65 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 1.52 and a beta of 0.90. Associated Banc has a 1 year low of $19.76 and a 1 year high of $28.18. The company’s fifty day moving average price is $24.38 and its 200 day moving average price is $23.96.

Associated Banc Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.23 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.92 annualized dividend and a yield of 4.19%. Associated Banc’s dividend payout ratio is currently 116.46%.

Insiders Place Their Bets

In related news, Director John B. Williams sold 2,830 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $25.09, for a total value of $71,004.70. Following the sale, the director now directly owns 66,915 shares in the company, valued at $1,678,897.35. The trade was a 4.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eileen A. Kamerick sold 7,000 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $24.71, for a total transaction of $172,970.00. Following the completion of the transaction, the director now owns 49,495 shares in the company, valued at approximately $1,223,021.45. This trade represents a 12.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Institutional Trading of Associated Banc

A number of institutional investors and hedge funds have recently bought and sold shares of ASB. Quarry LP grew its position in Associated Banc by 154.3% in the fourth quarter. Quarry LP now owns 1,073 shares of the bank’s stock valued at $26,000 after acquiring an additional 651 shares in the last quarter. Covestor Ltd lifted its stake in Associated Banc by 221.0% during the fourth quarter. Covestor Ltd now owns 1,499 shares of the bank’s stock worth $36,000 after purchasing an additional 1,032 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in Associated Banc in the third quarter worth $39,000. Smartleaf Asset Management LLC increased its position in Associated Banc by 49.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,747 shares of the bank’s stock worth $42,000 after buying an additional 579 shares during the period. Finally, Crews Bank & Trust acquired a new position in shares of Associated Banc during the fourth quarter valued at $56,000. Institutional investors and hedge funds own 82.98% of the company’s stock.

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.