Symbols / ASB Stock $27.74 +3.20% Associated Banc-Corp

Financial Services • Banks - Regional • United States • NYQ
ASB (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. Andrew John Harmening
Exch · Country NYQ · United States
Market Cap 5.24B
Enterprise Value 7.77B
Income 479.04M
Sales 1.47B
FCF (ttm) —
Book/sh 29.50
Cash/sh 8.58
Employees 3,934
Insider 10d —
IPO Mar 17, 1980
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 32.64%
P/E 9.63
Forward P/E 8.57
PEG 1.78
P/S 3.56
P/B 0.94
P/C —
EV/EBITDA —
EV/Sales 5.27
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 2.88
EPS next Y 3.24
EPS Growth 18.60%
Revenue Growth 12.20%
EPS Gr Q/Q 17.70%
Rev Gr Q/Q —
Earnings (next) 2026-07-23
Earnings (prior) 2026-04-23
ROA 1.11%
ROE 10.18%
ROIC —
Gross Margin 0.00%
Oper. Margin 44.52%
Profit Margin 33.43%
Shs Outstand 188.92M
Shs Float 139.42M
Insider Own 14.32%
Instit Own 90.83%
Short Float 0.00%
Short Ratio 0.00
Short Interest 3.26K
52W High 29.52
vs 52W High -6.03%
52W Low 22.48
vs 52W Low 23.40%
Beta 0.79
Impl. Vol. 6.25%
Rel Volume 0.50
Avg Volume 2.12M
Volume 1.06M
Target (mean) $31.00
Tgt Median $31.00
Tgt Low $27.00
Tgt High $34.00
# Analysts 9
Recom Buy
Prev Close $26.88
Price $27.74
Change 3.20%
About

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, Texas, and Minnesota. It 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. The company also provides 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 comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including 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. In addition, it offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$31.00
Mean price target
2. Current target
$27.74
Latest analyst target
3. DCF / Fair value
$43.20
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$27.74
Low
$27.00
High
$34.00
Mean
$31.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-27 main Truist Securities Hold → Hold $30
2026-04-24 main Keefe, Bruyette & Woods Market Perform → Market Perform $31
2026-04-24 main Piper Sandler Neutral → Neutral $30
2026-04-24 main Baird Neutral → Neutral $30
2026-04-07 up Barclays Equal-Weight → Overweight $33
2026-03-30 main Wells Fargo Overweight → Overweight $31
2026-03-27 up Stephens & Co. Equal-Weight → Overweight $29
2026-03-23 main Truist Securities Hold → Hold $27
2026-01-26 main Truist Securities Hold → Hold $30
2026-01-23 main RBC Capital Sector Perform → Sector Perform $30
2026-01-23 main Piper Sandler Neutral → Neutral $30
2026-01-23 main Keefe, Bruyette & Woods Market Perform → Market Perform $30
2025-12-22 main Truist Securities Hold → Hold $29
2025-11-11 main Barclays Equal-Weight → Equal-Weight $30
2025-10-27 reit Raymond James Outperform → Outperform $30
2025-10-10 main RBC Capital Sector Perform → Sector Perform $28
2025-10-08 main Barclays Equal-Weight → Equal-Weight $32
2025-07-28 main Truist Securities Hold → Hold $27
2025-07-28 main Barclays Equal-Weight → Equal-Weight $30
2025-07-25 main Piper Sandler Neutral → Neutral $27
News
RSS: Latest ASB news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-26 DELOYE DENNIS Officer — 14,299 $24.70 $365,274
2026-05-26 DELOYE DENNIS Officer — 14,299 $28.26 $404,090
2026-05-04 ERICKSON RANDALL J Officer — 30,311 $27.84 $844,627
2026-04-28 WILLIAMS JOHN B Director — 4,000 $28.18 $112,700
2026-04-01 KOTOUC WENDE L Director — 3,582 $26.17 $93,741
2026-03-16 HADDAD MICHAEL J. Director — 44 $24.59 $1,082
2026-03-16 JONES-TYSON RODNEY Director — 44 $24.59 $1,082
2026-03-16 MEYER DEREK S Chief Financial Officer — 51 $24.59 $1,254
2026-03-16 WARSEK GREGORY Officer — 42 $24.59 $1,033
2026-03-16 NETTLES CORY L Director — 448 $24.59 $11,016
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,479.28
+43.71%
1,029.37
-6.19%
1,097.35
-11.06%
1,233.77
Operating Revenue
1,479.28
+43.71%
1,029.37
-6.19%
1,097.35
-11.06%
1,233.77
Selling General And Administration
590.05
+6.40%
554.54
-1.65%
563.83
+12.26%
502.28
Selling And Marketing Expense
31.61
+12.34%
28.14
-0.93%
28.41
+11.28%
25.52
General And Administrative Expense
558.44
+6.09%
526.39
-1.69%
535.43
+12.31%
476.75
Salaries And Wages
521.72
+6.92%
487.96
+4.19%
468.36
+3.14%
454.10
Other Gand A
—
—
—
—
Reconciled Depreciation
102.14
-0.37%
102.51
+8.70%
94.31
+36.92%
68.88
Total Unusual Items
1.56
+110.24%
-15.29
-3466.74%
0.45
-66.07%
1.34
Total Unusual Items Excluding Goodwill
1.56
+110.24%
-15.29
-3466.74%
0.45
-66.07%
1.34
Special Income Charges
0.00
+100.00%
-14.24
0.00
0.00
Net Income
474.78
+285.54%
123.14
-32.69%
182.96
-50.03%
366.12
Pretax Income
577.91
+329.80%
134.46
-34.75%
206.05
-55.17%
459.63
Net Interest Income
1,201.14
+14.70%
1,047.25
+0.74%
1,039.57
+8.59%
957.32
Interest Expense
971.61
-9.66%
1,075.46
+17.09%
918.48
+388.73%
187.93
Interest Income
2,172.76
+2.36%
2,122.70
+8.41%
1,958.05
+70.97%
1,145.25
Gain On Sale Of Security
32.10
+126.30%
-122.06
-256.35%
-34.25
-201.76%
33.66
Gain On Sale Of Business
—
—
0.00
0.00
Tax Provision
103.13
+811.55%
11.31
-51.02%
23.10
-75.30%
93.51
Tax Rate For Calcs
0.00
+112.09%
0.00
-24.94%
0.00
-44.78%
0.00
Tax Effect Of Unusual Items
0.28
+121.72%
-1.29
-2627.15%
0.05
-81.26%
0.27
Net Income Including Noncontrolling Interests
474.78
+285.54%
123.14
-32.69%
182.96
-50.03%
366.12
Net Income From Continuing Operation Net Minority Interest
474.78
+285.54%
123.14
-32.69%
182.96
-50.03%
366.12
Net Income From Continuing And Discontinued Operation
474.78
+285.54%
123.14
-32.69%
182.96
-50.03%
366.12
Net Income Continuous Operations
474.78
+285.54%
123.14
-32.69%
182.96
-50.03%
366.12
Normalized Income
473.49
+245.25%
137.14
-24.87%
182.55
-49.99%
365.06
Net Income Common Stockholders
463.28
+314.96%
111.64
-34.88%
171.46
-51.65%
354.62
Diluted EPS
2.77
+284.72%
0.72
-36.28%
1.13
-51.71%
2.34
Basic EPS
2.79
+282.19%
0.73
-35.96%
1.14
-51.69%
2.36
Basic Average Shares
165.08
+8.65%
151.93
+1.31%
149.97
+0.54%
149.16
Diluted Average Shares
166.61
+8.65%
153.35
+1.65%
150.86
+0.24%
150.50
Diluted NI Availto Com Stockholders
463.28
+314.96%
111.64
-34.88%
171.46
-51.65%
354.62
Amortization
8.81
+0.00%
8.81
+0.00%
8.81
+0.00%
8.81
Amortization Of Intangibles Income Statement
8.81
+0.00%
8.81
+0.00%
8.81
+0.00%
8.81
Depreciation Amortization Depletion Income Statement
8.81
+0.00%
8.81
+0.00%
8.81
+0.00%
8.81
Depreciation And Amortization In Income Statement
8.81
+0.00%
8.81
+0.00%
8.81
+0.00%
8.81
Insurance And Claims
36.71
-4.49%
38.44
-42.69%
67.07
+196.12%
22.65
Occupancy And Equipment
75.29
+3.06%
73.05
-4.96%
76.87
-3.22%
79.43
Other Non Interest Expense
149.29
+8.43%
137.68
-0.85%
138.85
+4.90%
132.38
Preferred Stock Dividends
11.50
+0.00%
11.50
+0.00%
11.50
+0.00%
11.50
Professional Expense And Contract Services Expense
23.93
+10.80%
21.60
+8.49%
19.91
+9.10%
18.25
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
45,202.60
+5.07%
43,023.07
+4.89%
41,015.86
+4.09%
39,405.73
Cash And Cash Equivalents
1,718.82
+72.29%
997.65
+9.70%
909.47
+53.20%
593.64
Cash Financial
574.70
+5.63%
544.06
+12.32%
484.38
+10.86%
436.95
Other Short Term Investments
5,392.52
+17.70%
4,581.43
+27.23%
3,600.89
+31.32%
2,742.03
Receivables
161.12
-3.97%
167.77
-1.06%
169.57
+17.39%
144.45
Accounts Receivable
161.12
-3.97%
167.77
-1.06%
169.57
+17.39%
144.45
Net PPE
381.62
+0.67%
379.09
+1.64%
372.98
-1.04%
376.91
Gross PPE
821.75
+5.09%
781.93
+109.65%
372.98
-1.04%
376.91
Accumulated Depreciation
-440.12
-9.26%
-402.84
-6.85%
-377.00
-5.33%
-357.92
Land And Improvements
89.63
+3.56%
86.55
+15.05%
75.23
-0.47%
75.59
Buildings And Improvements
433.01
+4.17%
415.69
+96.08%
212.00
-0.70%
213.50
Machinery Furniture Equipment
182.35
+3.21%
176.68
+280.19%
46.47
+1.65%
45.72
Other Properties
64.25
+13.08%
56.82
+129.92%
24.71
-3.53%
25.62
Leases
52.51
+13.67%
46.19
+217.34%
14.56
-11.71%
16.49
Goodwill And Other Intangible Assets
1,214.18
-0.83%
1,224.34
-0.45%
1,229.85
-0.14%
1,231.62
Goodwill
1,104.99
+0.00%
1,104.99
+0.00%
1,104.99
+0.00%
1,104.99
Other Intangible Assets
109.19
-8.51%
119.34
-4.42%
124.86
-1.40%
126.63
Investments And Advances
9,262.80
+7.68%
8,602.25
+10.84%
7,760.77
+10.80%
7,004.41
Total Liabilities Net Minority Interest
40,227.25
+4.71%
38,417.51
+4.28%
36,841.88
+4.10%
35,390.24
Payables And Accrued Expenses
—
—
552.81
+2.10%
541.44
Current Accrued Expenses
—
—
552.81
+2.10%
541.44
Current Debt And Capital Lease Obligation
2,855.25
+128.42%
1,250.00
+68.92%
740.00
-76.48%
3,145.80
Current Debt
2,855.25
+128.42%
1,250.00
+68.92%
740.00
-76.48%
3,145.80
Other Current Borrowings
2,855.25
+128.42%
1,250.00
+68.92%
740.00
-76.32%
3,125.00
Long Term Debt And Capital Lease Obligation
1,007.12
-30.13%
1,441.44
-17.23%
1,741.46
+20.69%
1,442.93
Long Term Debt
1,007.12
-30.12%
1,441.15
-17.23%
1,741.08
+20.70%
1,442.46
Long Term Capital Lease Obligation
—
0.29
-22.98%
0.38
-18.34%
0.47
Long Term Provisions
41.28
+6.45%
38.78
+11.50%
34.78
-10.32%
38.78
Stockholders Equity
4,975.35
+8.03%
4,605.56
+10.34%
4,173.97
+3.95%
4,015.49
Common Stock Equity
4,781.23
+8.38%
4,411.45
+10.84%
3,979.86
+4.15%
3,821.38
Capital Stock
196.00
+0.00%
196.00
+0.07%
195.86
+0.00%
195.86
Common Stock
1.89
+0.00%
1.89
+7.88%
1.75
+0.00%
1.75
Preferred Stock
194.11
+0.00%
194.11
+0.00%
194.11
+0.00%
194.11
Share Issued
189.02
+0.00%
189.02
+7.88%
175.22
+0.00%
175.22
Ordinary Shares Number
165.98
-0.12%
166.18
+10.02%
151.04
+0.39%
150.44
Treasury Shares Number
23.04
+0.87%
22.84
-5.55%
24.18
-2.39%
24.77
Additional Paid In Capital
2,050.41
+0.15%
2,047.35
+19.39%
1,714.82
+0.12%
1,712.73
Retained Earnings
3,226.76
+10.53%
2,919.25
-0.94%
2,946.80
+1.44%
2,904.88
Gains Losses Not Affecting Retained Earnings
-7.57
+89.83%
-74.42
+56.51%
-171.10
+37.28%
-272.80
Treasury Stock
490.25
+1.58%
482.63
-5.81%
512.42
-2.43%
525.19
Other Equity Adjustments
-7.57
+89.83%
-74.42
+56.51%
-171.10
+37.28%
-272.80
Total Equity Gross Minority Interest
4,975.35
+8.03%
4,605.56
+10.34%
4,173.97
+3.95%
4,015.49
Total Capitalization
5,982.47
-1.06%
6,046.71
+2.23%
5,915.05
+8.37%
5,457.95
Invested Capital
8,643.60
+21.70%
7,102.60
+9.93%
6,460.94
-23.17%
8,409.64
Total Debt
3,862.37
+43.51%
2,691.44
+8.46%
2,481.46
-45.92%
4,588.73
Net Debt
2,143.55
+26.58%
1,693.50
+7.76%
1,571.61
-60.66%
3,994.62
Capital Lease Obligations
—
0.29
-22.98%
0.38
-18.34%
0.47
Net Tangible Assets
3,761.17
+11.24%
3,381.23
+14.85%
2,944.12
+5.76%
2,783.86
Tangible Book Value
3,567.06
+11.92%
3,187.11
+15.89%
2,750.01
+6.19%
2,589.75
Available For Sale Securities
267.76
-5.09%
282.13
-5.87%
299.72
-0.75%
301.99
Cash Cash Equivalents And Federal Funds Sold
1,720.22
+68.71%
1,019.60
+10.37%
923.82
+48.65%
621.46
Commercial Paper
—
—
0.00
-100.00%
20.80
Derivative Product Liabilities
—
—
—
-16.16
Held To Maturity Securities
3,602.52
-3.64%
3,738.69
-3.15%
3,860.16
-2.53%
3,960.40
Preferred Shares Number
8.00
+0.00%
8.00
+0.00%
8.00
+0.00%
8.00
Preferred Stock Equity
194.11
+0.00%
194.11
+0.00%
194.11
+0.00%
194.11
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
615.69
+6.11%
580.25
+31.06%
442.74
-47.70%
846.57
Cash Flow From Continuing Operating Activities
615.69
+6.11%
580.25
+31.06%
442.74
-47.70%
846.57
Net Income From Continuing Operations
474.78
+285.54%
123.14
-32.69%
182.96
-50.03%
366.12
Depreciation Amortization Depletion
102.14
-0.37%
102.51
+8.70%
94.31
+36.92%
68.88
Depreciation
50.36
+3.09%
48.84
+3.95%
46.99
+4.22%
45.09
Amortization Cash Flow
51.78
-3.52%
53.67
+13.42%
47.32
+98.89%
23.79
Depreciation And Amortization
102.14
-0.37%
102.51
+8.70%
94.31
+36.92%
68.88
Amortization Of Intangibles
51.78
-3.52%
53.67
+13.42%
47.32
+98.89%
23.79
Other Non Cash Items
-19.77
+40.43%
-33.19
+8.63%
-36.32
-138.24%
94.97
Pension And Employee Benefit Expense
-24.72
-20.36%
-20.54
-8.68%
-18.90
—
Deferred Tax
35.51
+1.91%
34.84
+1.74%
34.25
-1.26%
34.68
Deferred Income Tax
35.51
+1.91%
34.84
+1.74%
34.25
-1.26%
34.68
Operating Gains Losses
-17.74
-106.98%
254.19
+39.51%
182.21
+10784.47%
1.67
Gain Loss On Investment Securities
0.00
-100.00%
144.33
+122.51%
64.86
+3774.79%
1.67
Change In Working Capital
-13.21
-196.05%
13.76
+114.08%
-97.68
-139.51%
247.24
Change In Receivables
6.65
+270.28%
1.80
+107.15%
-25.12
+60.70%
-63.92
Changes In Account Receivables
6.65
+270.28%
1.80
+107.15%
-25.12
+60.70%
-63.92
Change In Payables And Accrued Expense
-19.97
-261.61%
12.36
-86.98%
94.87
+1197.61%
7.31
Change In Accrued Expense
—
—
—
-5.30
Change In Payable
-19.97
-261.61%
12.36
-86.98%
94.87
+1197.61%
7.31
Change In Account Payable
-18.91
-1869.38%
-0.96
-101.22%
78.54
+522.93%
12.61
Change In Other Working Capital
0.10
+125.69%
-0.40
+99.76%
-167.42
-155.10%
303.85
Investing Cash Flow
-1,624.81
+26.78%
-2,219.00
-54.50%
-1,436.26
+72.67%
-5,254.81
Cash Flow From Continuing Investing Activities
-1,624.81
+26.78%
-2,219.00
-54.50%
-1,436.26
+72.67%
-5,254.81
Net PPE Purchase And Sale
-36.37
+19.15%
-44.99
+27.22%
-61.81
+1.43%
-62.71
Purchase Of PPE
-36.37
+19.15%
-44.99
+27.22%
-61.81
+1.43%
-62.71
Capital Expenditure
-36.37
+19.15%
-44.99
+27.22%
-61.81
+1.43%
-62.71
Net Investment Purchase And Sale
-630.94
+29.15%
-890.47
-23.75%
-719.57
-56.41%
-460.05
Purchase Of Investment
-1,961.26
+40.84%
-3,315.22
-67.83%
-1,975.31
-56.64%
-1,261.03
Sale Of Investment
1,330.32
-45.14%
2,424.75
+93.09%
1,255.74
+56.78%
800.98
Net Business Purchase And Sale
—
—
0.00
0.00
Purchase Of Business
—
—
—
—
Gain Loss On Sale Of Business
—
—
0.00
0.00
Net Intangibles Purchase And Sale
—
—
—
0.00
Purchase Of Intangibles
—
—
—
0.00
Net Other Investing Changes
-72.45
-241.89%
51.07
+8.29%
47.16
+130.90%
-152.62
Financing Cash Flow
1,709.73
-1.43%
1,734.53
+33.85%
1,295.88
-67.64%
4,004.18
Cash Flow From Continuing Financing Activities
1,709.73
-1.43%
1,734.53
+33.85%
1,295.88
-67.64%
4,004.19
Net Issuance Payments Of Debt
995.02
+181.12%
353.95
+114.93%
-2,370.73
-179.95%
2,965.20
Issuance Of Debt
413.82
+37.27%
301.46
+2.50%
294.11
+16469.52%
1.77
Repayment Of Debt
-861.55
-43.33%
-601.10
-87651.68%
-0.69
+99.83%
-413.56
Long Term Debt Issuance
413.82
+37.27%
301.46
+2.50%
294.11
+16469.52%
1.77
Long Term Debt Payments
-861.55
-43.33%
-601.10
-87651.68%
-0.69
+99.83%
-413.56
Net Long Term Debt Issuance
-447.72
-49.42%
-299.64
-202.12%
293.42
+171.31%
-411.48
Short Term Debt Issuance
—
—
—
3,376.67
Short Term Debt Payments
—
—
—
—
Net Short Term Debt Issuance
1,442.74
+120.74%
653.59
+124.53%
-2,664.16
-178.90%
3,376.67
Net Common Stock Issuance
-29.02
-109.47%
306.50
+4748.87%
-6.59
-1.74%
-6.48
Common Stock Payments
-29.02
-18.36%
-24.52
-271.96%
-6.59
-1.74%
-6.48
Common Stock Dividend Paid
-155.77
-11.91%
-139.20
-7.46%
-129.53
-5.20%
-123.14
Cash Dividends Paid
-167.27
-11.00%
-150.70
-6.85%
-141.03
-4.75%
-134.64
Repurchase Of Capital Stock
-29.02
-18.36%
-24.52
-271.96%
-6.59
-1.74%
-6.48
Proceeds From Stock Option Exercised
6.89
-81.67%
37.58
+774.47%
4.30
-61.15%
11.06
Net Other Financing Charges
-0.05
+99.66%
-15.18
—
-0.94
Changes In Cash
700.62
+631.48%
95.78
-68.32%
302.37
+174.83%
-404.06
Beginning Cash Position
1,019.60
+10.37%
923.82
+48.65%
621.46
-39.40%
1,025.52
End Cash Position
1,720.22
+68.71%
1,019.60
+10.37%
923.82
+48.65%
621.46
Free Cash Flow
579.32
+8.23%
535.26
+40.52%
380.93
-51.40%
783.86
Interest Paid Supplemental Data
988.32
-8.08%
1,075.20
+28.18%
838.83
+380.22%
174.68
Income Tax Paid Supplemental Data
—
17.75
-74.43%
69.42
+277.37%
18.39
Common Stock Issuance
0.00
-100.00%
331.02
0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
331.02
0.00
0.00
Net Investment Properties Purchase And Sale
—
—
844.36
0.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Dividend Paid
-11.50
+0.00%
-11.50
+0.00%
-11.50
+0.00%
-11.50
Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Payments
—
—
0.00
0.00
Sale Of Business
—
—
0.00
0.00
Sale Of Investment Properties
—
—
844.36
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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