The Associated Banc-Corp (ASB) share price is expected to increase by 17.76% over the next year. This is based on calculating the average 12-month share price estimate provided by 16 stock analysts who have covered ASB. Price targets range from $22 at the low end to $27 at the high end. The current analyst consensus for ASB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Associated Banc-Corp has a total of 16 Wall St Analyst ratings. There are 1 buy ratings, 15 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Associated Banc-Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ASB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jared Shaw Barclays | Equal-Weight | $23 | Maintains | Sep 27, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $24 | Reiterates | Jul 30, 2024 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $24 | Maintains | Jul 26, 2024 |
David George Baird | Neutral | $25 | Maintains | Jul 26, 2024 |
Scott Siefers Piper Sandler | Neutral | $24 | Maintains | Jul 26, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $25 | Maintains | Jul 26, 2024 |
David George Baird | Neutral | $27 | Downgrade | Jul 17, 2024 |
Ken Usdin Jefferies | Hold | $22 | Maintains | Jul 3, 2024 |
Jared Shaw Barclays | Equal-Weight | $22 | Maintains | Jun 24, 2024 |
Jared Shaw Barclays | Equal-Weight | $24 | Maintains | Apr 26, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $23 | Reiterates | Apr 26, 2024 |
Timur Braziler Wells Fargo | Equal-Weight | $22 | Maintains | Apr 10, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $23 | Reiterates | Apr 9, 2024 |
Jared Shaw Barclays | Equal-Weight | $22 | Initiates | Mar 8, 2024 |
Daniel Tamayo Raymond James | Outperform | $25 | Maintains | Jan 29, 2024 |
Scott Siefers Piper Sandler | Neutral | $23 | Maintains | Jan 26, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $23 | Maintains | Jan 26, 2024 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $21 | Maintains | Dec 4, 2023 |
Scott Siefers Piper Sandler | Neutral | $18.5 | Maintains | Nov 10, 2023 |
Jon Arfstrom RBC Capital | Sector Perform | $19 | Maintains | Nov 10, 2023 |
When did it IPO
1984
Staff Count
4,048
Country
United States
Sector/Industry
Financial Services/BanksโRegional
CEO
Mr. Andrew John Harmening
Market Cap
$3.11B
In 2023, ASB generated $1.10B in revenue, which was a decrease of -11.06% from the previous year. This can be seen as a signal that ASB's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Associated Banc-Corp (NYSE: ASB) will release its Q3 2024 financial results on October 24, 2024, after market close.
Why It Matters - The upcoming financial results release can impact Associated Banc-Corp's stock price and investor sentiment, providing insights into the company's performance and future outlook.
Summary - Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A., is based in Green Bay, Wisconsin.
Why It Matters - The mention of Associated Banc-Corp highlights its presence in the financial sector, indicating potential investment opportunities or risks tied to the bank's performance and market conditions.
Summary - Associated Banc-Corp shares are under pressure due to weak deposits, though loans, securities, and cash values have improved. The stock is considered cheap with a soft 'buy' rating.
Why It Matters - Declining deposits raise concerns about liquidity, impacting future growth. However, improved loans and cash values suggest resilience, making shares potentially undervalued and a modest buying opportunity.
Summary - Associated Banc-Corp (NYSE: ASB) plans to meet with investors at the Raymond James U.S. Bank and Banking on Tech Conferences in Chicago on September 4-5, 2024.
Why It Matters - Management meetings at key conferences can signal strategic updates and potential growth opportunities, influencing investor sentiment and stock performance for Associated Banc-Corp.
Summary - Associated Banc-Corp (NYSE: ASB) declared a quarterly cash dividend of $0.22 per share, payable on September 16, 2024, to shareholders on record by September 3, 2024.
Why It Matters - The declaration of a quarterly cash dividend signals financial stability and profitability for Associated Banc-Corp, potentially attracting income-focused investors and boosting stock demand.
Summary - Associated Banc-Corp will hold its Q2 2024 Earnings Conference Call on July 25, 2024, at 5:00 PM ET, featuring key executives and financial analysts from various firms.
Why It Matters - The earnings call indicates a key moment for Associated Banc-Corp, providing insights into financial performance and strategic direction, impacting stock valuation and investor sentiment.