Q1 EPS Estimates for Associated Banc Boosted by Analyst

Associated Banc-Corp (NYSE:ASB) – Research analysts at Zacks Research lifted their Q1 2025 EPS estimates for shares of Associated Banc in a report released on Friday, February 14th. Zacks Research analyst R. Department now expects that the bank will post earnings of $0.54 per share for the quarter, up from their prior forecast of $0.52. The consensus estimate for Associated Banc’s current full-year earnings is $2.41 per share. Zacks Research also issued estimates for Associated Banc’s Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.64 EPS, FY2025 earnings at $2.38 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.58 EPS and FY2027 earnings at $2.75 EPS.

A number of other equities analysts also recently issued reports on the stock. StockNews.com downgraded shares of Associated Banc from a “hold” rating to a “sell” rating in a report on Friday, January 31st. Barclays boosted their price objective on Associated Banc from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Thursday, December 19th. Keefe, Bruyette & Woods upped their price target on Associated Banc from $29.00 to $30.00 and gave the company a “market perform” rating in a research report on Friday, January 24th. Royal Bank of Canada upped their price target on Associated Banc from $26.00 to $27.00 and gave the company a “sector perform” rating in a research report on Friday, January 24th. Finally, Robert W. Baird decreased their price target on Associated Banc from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.00.

Associated Banc Price Performance

ASB opened at $25.43 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.88 and a quick ratio of 0.86. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 32.18, a P/E/G ratio of 1.61 and a beta of 0.94. The firm’s fifty day moving average price is $24.73 and its two-hundred day moving average price is $23.70. Associated Banc has a 1 year low of $19.76 and a 1 year high of $28.18.

Associated Banc (NYSE:ASB) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.04. Associated Banc had a net margin of 5.15% and a return on equity of 8.24%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Quarry LP boosted its stake in Associated Banc by 154.3% in the fourth quarter. Quarry LP now owns 1,073 shares of the bank’s stock worth $26,000 after buying an additional 651 shares in the last quarter. Covestor Ltd boosted its stake in Associated Banc by 221.0% in the fourth quarter. Covestor Ltd now owns 1,499 shares of the bank’s stock worth $36,000 after buying an additional 1,032 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in Associated Banc in the third quarter worth approximately $39,000. Smartleaf Asset Management LLC boosted its stake in Associated Banc by 49.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,747 shares of the bank’s stock worth $42,000 after buying an additional 579 shares in the last quarter. Finally, Crews Bank & Trust purchased a new stake in Associated Banc in the fourth quarter worth approximately $56,000. Hedge funds and other institutional investors own 82.98% of the company’s stock.

Insider Transactions at Associated Banc

In other news, Director John B. Williams sold 2,830 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $25.09, for a total transaction of $71,004.70. Following the completion of the transaction, the director now owns 66,915 shares of the company’s stock, valued at approximately $1,678,897.35. The trade was a 4.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.45% of the stock is owned by insiders.

Associated Banc Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Monday, March 3rd. Associated Banc’s payout ratio is 116.46%.

Associated Banc Company Profile

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company 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.