Associated Banc (NYSE:ASB) EVP Sells $521,763.00 in Stock

Associated Banc-Corp (NYSE:ASB) EVP Gregory Warsek sold 16,300 shares of Associated Banc stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $32.01, for a total transaction of $521,763.00. Following the completion of the sale, the executive vice president owned 13,809 shares in the company, valued at approximately $442,026.09. This trade represents a 54.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Associated Banc Trading Up 0.6%

Shares of Associated Banc stock opened at $32.35 on Friday. The firm has a market capitalization of $6.11 billion, a PE ratio of 11.31, a P/E/G ratio of 1.10 and a beta of 0.77. The firm’s 50-day moving average price is $30.55 and its 200 day moving average price is $28.32. Associated Banc-Corp has a twelve month low of $23.86 and a twelve month high of $32.46. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95.

Associated Banc (NYSE:ASB) last issued its quarterly 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 return on equity of 10.64% and a net margin of 19.66%.The firm had revenue of $454.54 million for the quarter, compared to analyst estimates of $438.01 million. During the same period in the previous year, the company posted $0.65 earnings per share. On average, sell-side analysts predict that Associated Banc-Corp will post 2.92 EPS for the current fiscal year.

Associated Banc Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 1st. Associated Banc’s payout ratio is 33.57%.

Institutional Trading of Associated Banc

Hedge funds and other institutional investors have recently modified their holdings of the business. Sei Investments Co. lifted its position in shares of Associated Banc by 134.1% during the first quarter. Sei Investments Co. now owns 433,405 shares of the bank’s stock worth $11,208,000 after purchasing an additional 248,265 shares in the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of Associated Banc by 159.3% in the first quarter. Y Intercept Hong Kong Ltd now owns 245,801 shares of the bank’s stock worth $6,356,000 after acquiring an additional 150,998 shares in the last quarter. Associated Banc Corp grew its stake in shares of Associated Banc by 7.5% in the fourth quarter. Associated Banc Corp now owns 2,631,339 shares of the bank’s stock worth $67,783,000 after acquiring an additional 182,623 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Associated Banc by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 18,538,157 shares of the bank’s stock worth $477,543,000 after acquiring an additional 545,185 shares during the period. Finally, LSV Asset Management boosted its holdings in Associated Banc by 1.1% in the fourth quarter. LSV Asset Management now owns 3,663,163 shares of the bank’s stock valued at $94,363,000 after purchasing an additional 38,900 shares during the period. 82.98% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Raymond James Financial upped their price objective on shares of Associated Banc from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Keefe, Bruyette & Woods boosted their target price on Associated Banc from $30.00 to $31.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Associated Banc in a research report on Wednesday, June 24th. Robert W. Baird raised their target price on Associated Banc from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Wells Fargo & Company lifted their price target on Associated Banc from $32.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $31.60.

More Associated Banc News

Here are the key news stories impacting Associated Banc this week:

• Positive Sentiment: Near-term earnings estimates improved. Zacks Research raised its FY2026 EPS forecast to $2.95 from $2.92, and increased estimates for Q3 2026 to $0.75 from $0.74 and Q1 2027 to $0.76 from $0.75. These revisions suggest somewhat better expected operating performance in the nearer term. Associated Banc stock information
• Positive Sentiment: Dividend supports investor demand. Associated Banc declared a quarterly dividend of $0.24, or $0.96 annualized, representing an approximately 3.0% yield and a payout ratio of about 33.6%. The bank’s latest quarterly results also exceeded expectations, with EPS of $0.73 versus the $0.72 consensus estimate and revenue of $454.5 million versus forecasts of $438.0 million.
• Positive Sentiment: Institutional ownership remains strong. Several large investors, including Goldman Sachs, Millennium Management and UBS Asset Management, increased their positions during the first half of the year. Institutions and hedge funds own approximately 83% of ASB’s shares.
• Neutral Sentiment: Analyst sentiment is broadly constructive but valuation appears near targets. The consensus rating is “Moderate Buy,” although the average price target of $31.60 is below the stock’s recent trading level. Wells Fargo raised its target to $36 and maintained an “overweight” rating, while other analysts remain at “hold” or “market perform.”
• Negative Sentiment: Longer-term earnings expectations were reduced. Zacks cut its Q2 2028 EPS estimate to $0.84 from $0.94 and lowered FY2028 EPS to $3.35 from $3.56. It also trimmed Q1 2028 and Q2 2027 forecasts, partially offsetting the near-term upgrades. Zacks Associated Banc estimates
• Negative Sentiment: Executives sold significant portions of their holdings. EVP Gregory Warsek sold 16,300 shares for approximately $521,763, reducing his position by 54.1%. EVP Randall Erickson sold 43,561 shares worth about $1.40 million, cutting his ownership by 43.7%. While insider sales can reflect personal financial planning, the size of these transactions may weigh on sentiment. Associated Banc insider sales

Associated Banc Company Profile

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.