Track market-moving stories before they get noisy

Canada Pension Plan Investment Board acquired a new stake in Associated Banc-Corp (NYSE:ASB – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 43,600 shares of the bank’s stock, valued at approximately $1,342,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ASB. IAG Wealth Partners LLC grew its holdings in shares of Associated Banc by 4,250.0% during the first quarter. IAG Wealth Partners LLC now owns 1,218 shares of the bank’s stock worth $31,000 after purchasing an additional 1,190 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in Associated Banc in the 4th quarter valued at $33,000. EverSource Wealth Advisors LLC increased its stake in shares of Associated Banc by 345.5% during the second 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 during the period. CIBC Private Wealth Group LLC acquired a new stake in shares of Associated Banc in the 3rd quarter valued at approximately $51,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Associated Banc in the 4th quarter valued at approximately $56,000. Institutional investors and hedge funds own 82.98% of the company’s stock.

Analyst Ratings Changes Several analysts have weighed in on ASB shares. Barclays upped their target price on Associated Banc from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Raymond James Financial boosted their price objective on shares of Associated Banc from $31.00 to $35.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Truist Financial increased their price objective on shares of Associated Banc from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. Wells Fargo & Company raised their target price on shares of Associated Banc from $32.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Associated Banc in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $32.00.

Check Out Our Latest Research Report on ASB Associated Banc Stock Performance NYSE ASB opened at $30.58 on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.93 and a quick ratio of 0.93. Associated Banc-Corp has a 1-year low of $23.86 and a 1-year high of $32.46. The firm has a market capitalization of $5.78 billion, a P/E ratio of 10.69, a P/E/G ratio of 1.04 and a beta of 0.77. The business’s 50-day simple moving average is $31.00 and its 200-day simple moving average is $28.56.

Associated Banc (NYSE:ASB – Get Free Report) last posted its earnings results on Thursday, July 23rd. The bank reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Associated Banc had a net margin of 19.66% and a return on equity of 10.64%. The firm had revenue of $454.54 million during the quarter, compared to the consensus estimate of $438.01 million. During the same quarter in the prior year, the company earned $0.65 EPS. Equities analysts predict that Associated Banc-Corp will post 2.94 EPS for the current year.

Associated Banc Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 1st. Associated Banc’s dividend payout ratio is 33.57%.

Insiders Place Their Bets In other Associated Banc news, EVP Gregory Warsek sold 16,300 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $32.01, for a total value of $521,763.00. Following the transaction, the executive vice president owned 13,809 shares in the company, valued at $442,026.09. The trade was a 54.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Randall J. Erickson sold 43,561 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $32.04, for a total value of $1,395,694.44. Following the completion of the transaction, the executive vice president directly owned 56,091 shares of the company’s stock, valued at $1,797,155.64. This represents a 43.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 87,524 shares of company stock valued at $2,746,671. Company insiders own 0.71% of the company’s stock.

Associated Banc Company Profile (Free Report)

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.

Featured Stories Five stocks we like better than Associated Banc Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Insiders Are Betting Big on These 3 Healthcare Stocks 3 Stocks for Investors Who Still Believe Cash Is King Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason Want to see what other hedge funds are holding ASB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Associated Banc-Corp (NYSE:ASB – Free Report).

Receive News & Ratings for Associated Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Associated Banc and related companies with MarketBeat.com's FREE daily email newsletter.

For the quarter ended June 2026, Associated Banc-Corp (ASB - Free Report) reported revenue of $454.58 million, up 23.9% over the same period last year. EPS came in at $0.73, compared to $0.65 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $443.65 million, representing a surprise of +2.46%. The company delivered an EPS surprise of +1.39%, with the consensus EPS estimate being $0.72.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Associated Banc-Corp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net charge offs / average loans: 0.3% compared to the 0.1% average estimate based on two analysts.Nonaccrual loans: $149.95 million versus the two-analyst average estimate of $126.83 million.Net Interest Margin: 3.2% compared to the 3.1% average estimate based on two analysts.Average Balance - Total earning assets and related interest income: $47.29 billion versus the two-analyst average estimate of $46.57 billion.Total Noninterest Income: $80.4 million versus the two-analyst average estimate of $79.8 million.Other income: $2.71 million versus $4.64 million estimated by two analysts on average.Capital markets, net: $7.48 million versus $7.08 million estimated by two analysts on average.Service charges and deposit accounts fees: $15.86 million compared to the $15.44 million average estimate based on two analysts.Wealth management fees: $26.22 million versus $25.73 million estimated by two analysts on average.Other fee-based revenue: $5.76 million compared to the $5.19 million average estimate based on two analysts.Mortgage banking, net: $2.78 million versus $6.13 million estimated by two analysts on average.Card-based fees: $14.16 million versus the two-analyst average estimate of $12.22 million.View all Key Company Metrics for Associated Banc-Corp here>>>

Shares of Associated Banc-Corp have returned +0.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.