Analysts Offer Predictions for Associated Banc Q4 Earnings

Associated Banc-Corp (NYSE:ASB) – Zacks Research increased their Q4 2025 earnings per share estimates for Associated Banc in a report released on Wednesday, November 13th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $0.63 for the quarter, up from their prior estimate of $0.61. The consensus estimate for Associated Banc’s current full-year earnings is $2.12 per share. Zacks Research also issued estimates for Associated Banc’s FY2026 earnings at $2.44 EPS.

Associated Banc (NYSE:ASB) last posted its quarterly earnings data on Thursday, October 24th. The bank reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. The company had revenue of $607.54 million for the quarter, compared to analyst estimates of $336.52 million. Associated Banc had a net margin of 8.15% and a return on equity of 8.18%. During the same quarter last year, the firm posted $0.53 earnings per share.

Other research analysts have also recently issued research reports about the company. Barclays increased their price target on Associated Banc from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Robert W. Baird reduced their target price on Associated Banc from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, July 26th. Stephens restated an “equal weight” rating and issued a $24.00 price target on shares of Associated Banc in a research note on Tuesday, July 30th. Keefe, Bruyette & Woods increased their price objective on shares of Associated Banc from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Friday, July 26th. Finally, Piper Sandler boosted their target price on shares of Associated Banc from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, July 26th. Ten equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Associated Banc presently has a consensus rating of “Hold” and an average price target of $23.89.

Associated Banc Stock Performance

NYSE:ASB opened at $26.60 on Friday. The firm has a 50-day moving average of $22.82 and a two-hundred day moving average of $21.96. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market cap of $4.02 billion, a P/E ratio of 22.17, a PEG ratio of 1.98 and a beta of 0.91. Associated Banc has a 1-year low of $17.30 and a 1-year high of $28.18.

Associated Banc Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a $0.23 dividend. The ex-dividend date is Monday, December 2nd. This represents a $0.92 annualized dividend and a dividend yield of 3.46%. This is a positive change from Associated Banc’s previous quarterly dividend of $0.22. Associated Banc’s dividend payout ratio (DPR) is presently 73.33%.

Insider Activity

In other news, EVP David L. Stein sold 29,536 shares of Associated Banc stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $27.43, for a total transaction of $810,172.48. Following the transaction, the executive vice president now directly owns 81,021 shares in the company, valued at approximately $2,222,406.03. This trade represents a 26.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lith Karen Van sold 8,061 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $20.48, for a total value of $165,089.28. Following the completion of the sale, the director now owns 54,114 shares of the company’s stock, valued at approximately $1,108,254.72. This trade represents a 12.97 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 58,641 shares of company stock valued at $1,481,496. Insiders own 1.45% of the company’s stock.

Institutional Investors Weigh In On Associated Banc

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bessemer Group Inc. grew its stake in shares of Associated Banc by 285.2% in the 1st quarter. Bessemer Group Inc. now owns 1,225 shares of the bank’s stock worth $26,000 after purchasing an additional 907 shares during the last quarter. Quest Partners LLC bought a new position in shares of Associated Banc in the second quarter valued at $38,000. Point72 DIFC Ltd acquired a new stake in shares of Associated Banc during the 3rd quarter valued at $39,000. Farther Finance Advisors LLC boosted its stake in shares of Associated Banc by 82.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,190 shares of the bank’s stock worth $69,000 after acquiring an additional 1,438 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new position in shares of Associated Banc in the 2nd quarter worth $93,000. 82.98% of the stock is currently owned by institutional investors.

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.