FY2025 EPS Estimates for Associated Banc Boosted by Analyst

Associated Banc-Corp (NYSE:ASB) – Stock analysts at Zacks Research upped their FY2025 earnings per share estimates for shares of Associated Banc in a research report issued to clients and investors on Thursday, November 13th. Zacks Research analyst Team now anticipates that the bank will earn $2.64 per share for the year, up from their prior estimate of $2.55. The consensus estimate for Associated Banc’s current full-year earnings is $2.43 per share. Zacks Research also issued estimates for Associated Banc’s Q1 2026 earnings at $0.66 EPS, Q3 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.76 EPS, Q1 2027 earnings at $0.72 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.74 EPS and FY2027 earnings at $2.94 EPS.

Several other research analysts have also commented on ASB. Raymond James Financial reiterated an “outperform” rating and issued a $30.00 price target (up previously from $29.00) on shares of Associated Banc in a research report on Monday, October 27th. Robert W. Baird raised their price target on Associated Banc from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. Piper Sandler boosted their price objective on shares of Associated Banc from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Truist Financial increased their target price on shares of Associated Banc from $26.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, July 28th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Associated Banc from $27.00 to $28.00 and gave the stock a “market perform” rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Associated Banc currently has an average rating of “Hold” and an average price target of $28.22.

Associated Banc Stock Performance

Associated Banc stock opened at $25.28 on Friday. The company’s 50-day moving average price is $25.62 and its 200-day moving average price is $24.89. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.82. The company has a market cap of $4.19 billion, a PE ratio of 26.89, a price-to-earnings-growth ratio of 0.98 and a beta of 0.84. Associated Banc has a twelve month low of $18.32 and a twelve month high of $27.97.

Associated Banc (NYSE:ASB) last posted its earnings results on Thursday, October 23rd. The bank reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.07. Associated Banc had a net margin of 7.23% and a return on equity of 9.45%. The firm had revenue of $390.71 million during the quarter, compared to analyst estimates of $377.94 million. During the same period last year, the firm posted $0.56 earnings per share.

Institutional Trading of Associated Banc

Institutional investors and hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. increased its position in Associated Banc by 2,033.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,195 shares of the bank’s stock valued at $29,000 after purchasing an additional 1,139 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Associated Banc by 46.8% during the third quarter. Smartleaf Asset Management LLC now owns 1,279 shares of the bank’s stock valued at $33,000 after purchasing an additional 408 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Associated Banc by 345.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock valued at $33,000 after buying an additional 1,047 shares during the period. Bayforest Capital Ltd purchased a new position in Associated Banc during the second quarter valued at approximately $34,000. Finally, Quent Capital LLC bought a new position in Associated Banc in the third quarter worth approximately $34,000. 82.98% of the stock is currently owned by institutional investors.

Insider Activity at Associated Banc

In related news, EVP John A. Utz sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $27.24, for a total value of $354,120.00. Following the completion of the sale, the executive vice president owned 111,228 shares in the company, valued at approximately $3,029,850.72. The trade was a 10.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Patrick Edward Ahern sold 3,342 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $26.20, for a total value of $87,560.40. Following the transaction, the executive vice president owned 41,472 shares in the company, valued at $1,086,566.40. The trade was a 7.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,342 shares of company stock worth $494,360 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Associated Banc Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a $0.24 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $0.96 annualized dividend and a yield of 3.8%. This is a boost from Associated Banc’s previous quarterly dividend of $0.23. Associated Banc’s payout ratio is 102.13%.

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.