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ASB

ASB - Associated Banc-Corp Stock Price, Fair Value and News

20.55USD+0.51 (+2.54%)Market Closed

Market Summary

ASB
USD20.55+0.51
Market Closed
2.54%

ASB Stock Price

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ASB RSI Chart

ASB Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

16.97

Price/Sales (Trailing)

1.59

EV/EBITDA

1.69

Price/Free Cashflow

7.01

ASB Price/Sales (Trailing)

ASB Profitability

EBT Margin

10.52%

Return on Equity

4.38%

Return on Assets

0.45%

Free Cashflow Yield

14.26%

ASB Fundamentals

ASB Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

34.27%

Rev. Growth (Qtr)

3.29%

ASB Earnings

Earnings (TTM)

183.0M

Earnings Growth (Yr)

-183.49%

Earnings Growth (Qtr)

-209.08%

Breaking Down ASB Revenue

Last 7 days

-2.6%

Last 30 days

-1.3%

Last 90 days

-6.3%

Trailing 12 Months

8.5%

How does ASB drawdown profile look like?

ASB Financial Health

Debt/Equity

0.13

Debt/Cashflow

0.81

ASB Investor Care

Dividend Yield

3.45%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.36%

Diluted EPS (TTM)

1.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.4B1.6B1.8B2.0B
2022803.5M841.3M955.7M1.1B
20211.2B1.2B1.2B798.2M
20201.2B1.1B1.0B1.3B
20191.3B1.3B1.3B1.2B
20181.1B1.2B1.3B1.2B
20171.1B1.1B1.1B1.1B
20161.0B1.0B1.0B1.1B
2015920.0M864.6M807.1M1.0B
2014957.5M953.9M970.1M971.8M
2013998.4M1.1B1.1B958.6M
2012879.9M869.9M863.4M939.3M
2011776.8M760.6M749.4M886.0M
2010934.7M889.7M847.2M806.1M
200901.1B1.0B981.3M
20080001.1B
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Associated Banc-Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 15, 2024
dewitt angie
acquired
672
20.146
33.3615
executive vice president
Apr 15, 2024
stadler tammy c.
acquired
2,763
20.146
137
principal accounting officer
Apr 15, 2024
williams terry lynn
acquired
2,108
20.146
104
chief information officer
Apr 15, 2024
kitowski nicole m
acquired
707
20.146
35.1276
executive vice president
Apr 15, 2024
utz john a.
acquired
1,347
20.146
66.8887
executive vice president
Apr 15, 2024
hladio jayne c
acquired
362
20.146
17.9738
evp, president private wealth
Mar 15, 2024
haddad michael j
acquired
824
20.8603
39.531
-
Mar 15, 2024
klappa gale e
acquired
5,528
20.25
273
-
Mar 15, 2024
utz john a.
acquired
7,411
20.25
366
executive vice president
Mar 15, 2024
stein david l
acquired
4,657
20.25
230
executive vice president

1–10 of 50

Which funds bought or sold ASB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
tru Independence LLC
reduced
-0.31
5,780
2,282,210
0.67%
Apr 18, 2024
BKM Wealth Management, LLC
sold off
-100
-91,848
-
-%
Apr 18, 2024
AlphaMark Advisors, LLC
reduced
-0.88
-1,000
306,000
0.11%
Apr 18, 2024
Kowal Investment Group, LLC
new
-
202,040
202,040
0.04%
Apr 18, 2024
STATE OF MICHIGAN RETIREMENT SYSTEM
added
2.24
21,490
784,642
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
reduced
-0.68
-69,182
57,848,400
0.09%
Apr 18, 2024
SJS Investment Consulting Inc.
unchanged
-
4.00
689
-%
Apr 18, 2024
Hexagon Capital Partners LLC
added
20.00
44.00
258
-%
Apr 18, 2024
McGlone Suttner Wealth Management, Inc.
sold off
-100
-190,572
-
-%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
unchanged
-
8.00
1,441
-%

1–10 of 50

Are Funds Buying or Selling ASB?

Are funds buying ASB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ASB
No. of Funds

Unveiling Associated Banc-Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.36%
15,639,171
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.2%
10,836,036
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
state street corp
6.27%
9,456,460
SC 13G/A
Jan 23, 2024
blackrock inc.
12.7%
19,211,026
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.2%
10,842,604
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.34%
15,551,573
SC 13G/A
Feb 01, 2023
state street corp
5.27%
7,919,166
SC 13G/A
Jan 26, 2023
blackrock inc.
13.4%
20,180,320
SC 13G/A

Recent SEC filings of Associated Banc-Corp

View All Filings
Date Filed Form Type Document
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Associated Banc-Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
535.2B
171.1B
-6.46% 28.36%
10.8
3.13
60.72% 31.52%
291.1B
130.3B
-0.75% 18.96%
10.98
2.23
79.51% -3.68%
216.0B
85.7B
3.10% 39.16%
11.28
2.52
41.49% 39.96%
113.1B
133.3B
-0.93% 15.69%
12.25
0.85
79.09% -
15.6B
10.2B
-1.88% 7.84%
9.7
1.53
44.53% -22.43%
13.7B
7.9B
-0.76% 16.16%
14.14
1.72
46.47% -49.56%
MID-CAP
6.8B
4.2B
1.60% 7.60%
7.76
1.64
56.25% -23.46%
5.9B
3.9B
-1.36% 19.93%
8.69
1.5
45.91% -25.03%
3.2B
1.3B
-2.95% 27.92%
11.88
2.5
43.24% -22.35%
3.1B
2.0B
-1.33% 8.51%
16.97
1.59
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
409.6M
164.9M
-4.83% 27.38%
35.02
2.48
42.66% -70.76%
376.6M
162.6M
-7.65% -5.53%
12.52
2.32
25.39% -38.37%
271.4M
96.6M
-9.91% 0.13%
8.56
2.81
11.02% -11.37%
46.1M
60.9M
9.21% -17.67%
-13.79
0.76
24.06% -144.92%

Associated Banc-Corp News

Latest updates
Yahoo Canada Shine On • 31 hours ago
MarketBeat • 16 Apr 2024 • 09:51 pm
Yahoo Finance • 16 Apr 2024 • 04:00 pm
Yahoo Movies Canada • 16 Apr 2024 • 03:20 pm
Observer News Enterprise • 12 Apr 2024 • 11:00 pm
The Motley Fool • 6 months ago

Associated Banc-Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue3.3%525509481443391315237202202200199197576213225263313291306306387
EBITDA Margin-24.7%0.66*0.88*0.94*1.07*1.18*1.08*1.11*1.12*1.14*1.03*0.91*0.97*---------
Interest Expenses-0.3%253254258274289264216188187184180176188182190203200206214216224
Income Taxes-343.0%-47.2019.0024.0027.0025.0026.0023.0019.0015.0023.0022.0025.0017.00-58.1151.0010.0017.0021.0019.0022.0025.00
Earnings Before Taxes-234.4%-13810311113113412211093.0092.0011211311984.00-12.9020056.0089.00104104109114
EBT Margin-59.9%0.11*0.26*0.29*0.34*0.37*0.34*0.37*0.39*0.41*0.37*0.26*0.32*---------
Net Income-209.1%-90.8183.0087.0010310996.0087.0074.0077.0089.0091.0094.0067.0045.0014946.0072.0083.0085.0087.0089.00
Net Income Margin-55.4%0.09*0.21*0.23*0.27*0.30*0.27*0.30*0.31*0.33*0.29*0.25*0.29*---------
Free Cashflow-67.6%65.0019913147.0012423324324616513472.00158---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.5%41,01641,63741,21940,70339,40638,05037,23634,95635,10434,44034,15334,57533,42034,69935,50133,90832,38632,59633,27333,70133,615
    Cash Equivalents29.6%9247136308236215028675011,0261,6861,7721,9477161,1142,013679589760557646877
  Net PPE0.0%373373375376377379388388385383398399419422434438435436432362363
  Goodwill0.5%1,1051,1001,1001,1051,1051,1001,1001,1051,1051,1051,1051,1051,1091,1081,1081,2001,1761,1761,2001,1691,169
Liabilities-1.8%36,84237,51037,09736,57735,39034,09633,27731,00831,07930,44530,04330,44729,32930,65331,47730,11828,46428,67629,37329,86529,834
  Long Term Debt----------------550549797796796796
Shareholder's Equity1.1%4,1744,1284,1234,1264,0153,9543,9593,9484,0253,9954,1104,1284,0914,0454,0243,7903,9223,9213,9003,8363,781
  Retained Earnings-4.1%2,9473,0743,0262,9732,9052,8312,7692,7152,6732,6282,5772,5202,4592,4252,4132,2962,3812,3412,2892,2362,181
  Additional Paid-In Capital0.2%1,7151,7111,7081,7061,7131,7101,7101,7081,7141,7121,7081,7071,7201,7171,7131,7071,7161,7141,6961,6901,713
Shares Outstanding0.1%151151151151150149149149151150152152---------
Float---2,423---2,714---3,085---2,058---3,375--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-67.6%65.0019913147.0012423324324616513472.00158127137306-20.0810440084.00-13.60194
Cashflow From Investing293.6%788-407-741-1,076-1,273-1,300-2,040-640-1,422-411261-12.35779-250-394-92736.006131,131-1623.00
Cashflow From Financing-320.6%-6412914171,2301,2697022,164-130596191-5081,085-1,303-7851,4221,038-310-810-1,304-54.23134
  Dividend Payments4.8%34.0032.0032.0032.0032.0030.0030.0031.0030.0031.0028.0028.0028.0028.0028.0028.0029.0027.0028.0028.0028.00
  Buy Backs-67.0%0.000.001.005.000.000.001.005.000.000.001.004.000.000.00-0.016.000.000.001.007.00-32.54

ASB Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income   
Interest and fees on loans$ 1,720,406$ 992,642$ 693,729
Interest and dividends on investment securities   
Taxable146,00675,44437,916
Tax-exempt63,23365,69158,710
Other interest28,40811,4757,833
Total interest income1,958,0521,145,252798,189
Interest expense   
Interest on deposits673,62498,30918,622
Interest on federal funds purchased and securities sold under agreements to repurchase12,2383,480143
Interest on other short-term funding1222
Interest on FHLB advances196,53575,48736,493
Interest on long-term funding36,08010,65317,053
Total interest expense918,479187,93172,334
Net interest income1,039,573957,321725,855
Provision for credit losses83,02132,998(88,011)
Net interest income after provision for credit losses956,552924,323813,866
Noninterest income   
Noninterest Income In Scope of Topic 606186,560201,953212,278
Capital markets, net24,64929,91730,602
Mortgage banking, net19,42918,87350,751
Gain (Loss) on Sale of Mortgage Loans(136,239)00
Bank Owned Life Insurance Income10,26611,43113,254
Asset gains, net[1]4541,33811,009
Investment securities (losses) gains, net(58,903)3,746(16)
Gains on sale of branches, net(a)001,038
Other9,69110,71511,366
Total noninterest income63,182282,370332,364
Noninterest expense   
Personnel468,355454,101426,687
Technology102,01890,70081,689
Occupancy57,20459,79463,513
Business development and advertising28,40525,52521,149
Equipment19,66319,63221,104
Legal and professional19,91118,25021,923
Loan and foreclosure costs5,4085,9258,143
FDIC assessment67,07222,65018,150
Other intangible amortization8,8118,8118,844
Other36,83741,67538,721
Total noninterest expense813,682747,063709,924
Income before income tax expense206,052459,630436,307
Income tax expense23,09793,50885,313
Net income182,956366,122350,994
Preferred stock dividends11,50011,50017,111
Net income available to common equity$ 171,456$ 354,622$ 333,883
Earnings per common share   
Basic$ 1.14$ 2.36$ 2.20
Diluted$ 1.13$ 2.34$ 2.18
Average common shares outstanding   
Basic149,968149,162150,773
Diluted150,860150,496151,987
Wealth management fees   
Noninterest income   
Noninterest Income In Scope of Topic 606[2]$ 82,502$ 84,122$ 89,854
Service charges and deposit account fees   
Noninterest income   
Noninterest Income In Scope of Topic 60649,04562,31064,406
Card-based fees   
Noninterest income   
Noninterest Income In Scope of Topic 60645,12144,13243,124
Revenue from Contract with Customer, Including Assessed Tax45,02044,01443,014
Other fee-based revenue   
Noninterest income   
Noninterest Income In Scope of Topic 6069,89111,38914,894
Revenue from Contract with Customer, Including Assessed Tax$ 17,268$ 15,903$ 17,086
[1]Includes the deposit premium on the sale of branches net of miscellaneous costs to sell. See Note 2 Acquisitions and Dispositions for additional details on the branch sales.
[2](a)

ASB Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and Due from Banks$ 484,384$ 436,952
Interest-bearing deposits in other financial institutions425,089156,693
Federal funds sold and securities purchased under agreements to resell14,35027,810
Debt Securities, Available-for-sale3,600,8922,742,025
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss3,860,1603,960,398
Equity securities41,65125,216
FHLB and Federal Reserve Bank stocks, at cost229,171295,496
Residential loans held for sale33,01120,383
Commercial Loans Receivable Held-for-sale, Net, Not Part of Disposal Group90,3030
Loans29,216,21828,799,569
Allowance for loan losses(351,094)(312,720)
Loans, net28,865,12428,486,849
Tax credit and other investments258,067276,773
Premises and equipment, net372,978376,906
Bank and corporate owned life insurance682,649676,530
Goodwill1,104,9921,104,992
Other intangible assets, net40,47149,282
Servicing Asset at Fair Value, Amount84,39077,351
Interest receivable169,569144,449
Other assets658,604547,621
Total assets41,015,85539,405,727
Liabilities and stockholders' equity  
Noninterest-bearing demand deposits6,119,9567,760,811
Interest-bearing deposits27,326,09321,875,343
Total deposits33,446,04929,636,154
Federal funds purchased and securities sold under agreements to repurchase326,780585,139
Commercial paper020,798
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances1,940,1944,319,861
Other long-term funding541,269248,071
Allowance for unfunded commitments34,77638,776
Accrued expenses and other liabilities552,814541,438
Total liabilities36,841,88235,390,237
Stockholders’ equity  
Preferred equity194,112194,112
Common stock1,7521,752
Surplus1,714,8221,712,733
Retained earnings2,946,8052,904,882
Accumulated other comprehensive (loss)(171,096)(272,799)
Treasury stock, at cost(512,421)(525,190)
Total common equity3,979,8613,821,378
Total stockholders’ equity4,173,9734,015,490
Total liabilities and stockholders’ equity$ 41,015,855$ 39,405,727
Preferred shares authorized (par value $1.00 per share)750,000750,000
Preferred shares issued and outstanding200,000200,000
Common shares authorized (par value $0.01 per share)250,000,000250,000,000
Common shares issued175,216,409175,216,409
Common shares outstanding151,036,674150,444,019
ASB
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services such as interest rate risk management, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
 CEO
 WEBSITEassociatedbank.com
 INDUSTRYBanks Diversified
 EMPLOYEES4223

Associated Banc-Corp Frequently Asked Questions


What is the ticker symbol for Associated Banc-Corp? What does ASB stand for in stocks?

ASB is the stock ticker symbol of Associated Banc-Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Associated Banc-Corp (ASB)?

As of Thu Apr 18 2024, market cap of Associated Banc-Corp is 3.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASB stock?

You can check ASB's fair value in chart for subscribers.

What is the fair value of ASB stock?

You can check ASB's fair value in chart for subscribers. The fair value of Associated Banc-Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Associated Banc-Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Associated Banc-Corp a good stock to buy?

The fair value guage provides a quick view whether ASB is over valued or under valued. Whether Associated Banc-Corp is cheap or expensive depends on the assumptions which impact Associated Banc-Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASB.

What is Associated Banc-Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, ASB's PE ratio (Price to Earnings) is 16.53 and Price to Sales (PS) ratio is 1.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Associated Banc-Corp's stock?

In the past 10 years, Associated Banc-Corp has provided 0.035 (multiply by 100 for percentage) rate of return.