Associated Banc (ASB) Projected to Post Quarterly Earnings on Thursday

Associated Banc (NYSE:ASB) is projected to issue its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.6840 per share and revenue of $384.1980 million for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:00 PM ET.

Associated Banc (NYSE:ASB) last announced its quarterly earnings data on Thursday, January 22nd. The bank reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. Associated Banc had a net margin of 19.31% and a return on equity of 10.25%. The company had revenue of $393.52 million during the quarter, compared to analysts’ expectations of $382.06 million. During the same quarter in the prior year, the company earned $0.72 EPS. On average, analysts expect Associated Banc to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Associated Banc Price Performance

Shares of Associated Banc stock opened at $27.61 on Thursday. Associated Banc has a 52-week low of $19.09 and a 52-week high of $29.51. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 9.97, a price-to-earnings-growth ratio of 1.43 and a beta of 0.77. The company has a fifty day moving average of $26.54 and a 200-day moving average of $26.21. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 0.90.

Associated Banc announced that its Board of Directors has initiated a share buyback plan on Tuesday, January 27th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the bank to reacquire up to 2.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Associated Banc Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.5%. Associated Banc’s dividend payout ratio is 34.66%.

Analysts Set New Price Targets

ASB has been the subject of a number of research reports. Piper Sandler upped their price objective on shares of Associated Banc from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Zacks Research lowered shares of Associated Banc from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Royal Bank Of Canada upped their price target on shares of Associated Banc from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, January 23rd. Wells Fargo & Company upped their price target on shares of Associated Banc from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, March 30th. Finally, Truist Financial lowered their price target on shares of Associated Banc from $30.00 to $27.00 and set a “hold” rating for the company in a report on Monday, March 23rd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.60.

Insider Activity at Associated Banc

In related news, Director John B. Williams sold 2,325 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $28.05, for a total transaction of $65,216.25. Following the completion of the sale, the director directly owned 70,959 shares in the company, valued at $1,990,399.95. This represents a 3.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Eileen A. Kamerick sold 6,600 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $28.02, for a total transaction of $184,932.00. Following the sale, the director owned 49,264 shares of the company’s stock, valued at $1,380,377.28. This represents a 11.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 23,656 shares of company stock worth $677,789 in the last three months. 0.71% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its stake in shares of Associated Banc by 345.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock worth $33,000 after acquiring an additional 1,047 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of Associated Banc in the 3rd quarter worth about $51,000. Global Retirement Partners LLC bought a new position in shares of Associated Banc in the 4th quarter worth about $56,000. Quarry LP increased its stake in shares of Associated Banc by 62.6% in the 3rd quarter. Quarry LP now owns 2,226 shares of the bank’s stock worth $57,000 after acquiring an additional 857 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Associated Banc by 144.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,128 shares of the bank’s stock worth $81,000 after acquiring an additional 1,849 shares in the last quarter. 82.98% of the stock is currently owned by institutional investors.

Associated Banc Company Profile

Associated Banc-Corp, through its primary subsidiary Associated Bank, N.A., is a regional financial services company headquartered in Green Bay, Wisconsin. The bank operates more than 200 branches across the Midwest, offering community-focused banking solutions for individuals, small businesses and commercial clients. Its emphasis on personalized service and regional decision-making supports long-standing customer relationships.

On the consumer side, Associated Bank provides checking and savings accounts, residential mortgages, home equity lines of credit, auto financing and credit card products.