Associated Banc Corp Stock Today

ASB Stock  USD 26.54  0.06  0.23%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Associated Banc is trading at 26.54 as of the 19th of November 2024, a 0.23% down since the beginning of the trading day. The stock's open price was 26.6. Associated Banc has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Associated Banc Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of October 2024 and ending today, the 19th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
7th of September 1984
Category
Financial Services
Classification
Financials
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin. Associated Banc operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 151.26 M outstanding shares of which 3.45 M shares are presently shorted by investors with about 2.62 days to cover. More on Associated Banc Corp

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Associated Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAndrew Harmening
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, WIG Dividend, WSE WIG INDEX, MWIG40, SPASX 300, SP Midcap 400, Australia All Ordinaries, ASX Small Ordinaries, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00420.0045
Notably Down
Pretty Stable
Asset Turnover0.04680.0249
Way Up
Slightly volatile
Gross Profit Margin0.730.82
Fairly Down
Slightly volatile
Net Debt2.6 BB
Significantly Up
Pretty Stable
Total Current Liabilities703 M740 M
Notably Down
Slightly volatile
Non Current Liabilities Total38.7 B36.8 B
Sufficiently Up
Slightly volatile
Total Assets21 B41 B
Way Down
Slightly volatile
Total Current AssetsB4.3 B
Notably Down
Slightly volatile
Total Cash From Operating Activities329.5 M442.7 M
Way Down
Slightly volatile
Debt Levels
Associated Banc can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Associated Banc's financial leverage. It provides some insight into what part of Associated Banc's total assets is financed by creditors.
Liquidity
Associated Banc Corp has 2.48 B in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. Note however, debt could still be an excellent tool for Associated to invest in growth at high rates of return.

Change In Cash

317.49 Million
Associated Banc Corp (ASB) is traded on New York Stock Exchange in USA. It is located in 433 Main Street, Green Bay, WI, United States, 54301 and employs 4,045 people. Associated Banc is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.02 B. Associated Banc Corp runs under Banks sector within Financials industry. The entity has 151.26 M outstanding shares of which 3.45 M shares are presently shorted by investors with about 2.62 days to cover. Associated Banc Corp has about 502.42 M in cash with 442.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.4.
Check Associated Banc Probability Of Bankruptcy
Ownership Allocation
Associated Banc holds a total of 151.26 Million outstanding shares. The majority of Associated Banc Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Associated Banc Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Associated Banc. Please pay attention to any change in the institutional holdings of Associated Banc Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Associated Ownership Details

Associated Stock Institutional Holders

InstituionRecorded OnShares
Pzena Investment Management, Llc2024-09-30
2.5 M
Alliancebernstein L.p.2024-06-30
2.2 M
Charles Schwab Investment Management Inc2024-09-30
2.1 M
Macquarie Group Ltd2024-06-30
M
Bank Of New York Mellon Corp2024-06-30
M
Northern Trust Corp2024-09-30
1.8 M
American Century Companies Inc2024-09-30
1.7 M
Goldman Sachs Group Inc2024-06-30
1.6 M
Millennium Management Llc2024-06-30
1.6 M
Blackrock Inc2024-06-30
19.3 M
Vanguard Group Inc2024-09-30
16.6 M
View Associated Banc Diagnostics

Associated Banc Historical Income Statement

At present, Associated Banc's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 2.7 B, whereas Total Operating Expenses is projected to grow to (1.7 B). View More Fundamentals

Associated Stock Against Markets

Associated Banc Corporate Directors

Karen LithIndependent DirectorProfile
Robert JeffeIndependent DirectorProfile
John BergstromIndependent DirectorProfile
Michael CrowleyIndependent DirectorProfile

Already Invested in Associated Banc Corp?

The danger of trading Associated Banc Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Associated Banc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Associated Banc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Associated Banc Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Associated Banc Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Banc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Banc Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Banc Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Banc Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Associated Banc. If investors know Associated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Associated Banc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.057
Dividend Share
0.88
Earnings Share
1.2
Revenue Per Share
6.717
Quarterly Revenue Growth
0.033
The market value of Associated Banc Corp is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Banc's value that differs from its market value or its book value, called intrinsic value, which is Associated Banc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Associated Banc's market value can be influenced by many factors that don't directly affect Associated Banc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Associated Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Banc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.