Associated Banc-Corp (ASB): Price and Financial Metrics

Associated Banc-Corp (ASB): $21.51

0.25 (+1.18%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: Midwest Regional Banks

Industry

F

Ranked

#38 of 46

in industry

ASB Price/Volume Stats

Current price $21.51 52-week high $22.16
Prev. close $21.26 52-week low $14.47
Day low $21.19 Volume 1,876,900
Day high $21.56 Avg. volume 1,495,220
50-day MA $20.81 Dividend yield 4.27%
200-day MA $18.65 Market Cap 3.24B

ASB Stock Price Chart Interactive Chart >

ASB POWR Grades

  • Value is the dimension where ASB ranks best; there it ranks ahead of 80.23% of US stocks.
  • The strongest trend for ASB is in Quality, which has been heading up over the past 26 weeks.
  • ASB's current lowest rank is in the Sentiment metric (where it is better than 8.67% of US stocks).

ASB Stock Summary

  • ASB's went public 38.03 years ago, making it older than 92.92% of listed US stocks we're tracking.
  • The ratio of debt to operating expenses for ASSOCIATED BANC-CORP is higher than it is for about 85.45% of US stocks.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 10.44 for ASSOCIATED BANC-CORP; that's greater than it is for 90.79% of US stocks.
  • Stocks that are quantitatively similar to ASB, based on their financial statements, market capitalization, and price volatility, are QCRH, CZWI, BY, RBB, and CATC.
  • ASB's SEC filings can be seen here. And to visit ASSOCIATED BANC-CORP's official web site, go to www.associatedbank.com.

ASB Valuation Summary

  • ASB's EV/EBIT ratio is 15.1; this is 26.36% higher than that of the median Financial Services stock.
  • ASB's price/earnings ratio has moved down 5.3 over the prior 243 months.

Below are key valuation metrics over time for ASB.

Stock Date P/S P/B P/E EV/EBIT
ASB 2023-12-22 2.6 0.8 8.7 15.1
ASB 2023-12-21 2.6 0.8 8.6 15.1
ASB 2023-12-20 2.5 0.8 8.6 15.0
ASB 2023-12-19 2.6 0.8 8.8 15.2
ASB 2023-12-18 2.6 0.8 8.6 15.0
ASB 2023-12-15 2.6 0.8 8.6 15.1

ASB Growth Metrics

    Its 5 year net cashflow from operations growth rate is now at -26.86%.
  • Its 2 year revenue growth rate is now at -2.6%.
  • The 2 year price growth rate now stands at 52.78%.
Over the past 34 months, ASB's revenue has gone up $58,699,000.

The table below shows ASB's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 1,206.693 846.566 354.622
2022-09-30 1,150.296 887.74 322.739
2022-06-30 1,121.829 788.388 313.994
2022-03-31 1,118.185 617.902 316.176
2021-12-31 1,146.23 529.551 333.883
2021-09-30 1,128.682 491.101 321.675

ASB's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ASB has a Quality Grade of C, ranking ahead of 35.08% of graded US stocks.
  • ASB's asset turnover comes in at 0.033 -- ranking 322nd of 428 Banking stocks.
  • NWFL, FBNC, and FXNC are the stocks whose asset turnover ratios are most correlated with ASB.

The table below shows ASB's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.033 1 0.013
2021-06-30 0.031 1 0.009
2021-03-31 0.033 1 0.011
2020-12-31 0.032 1 0.009
2020-09-30 0.033 1 0.009
2020-06-30 0.037 1 0.013

ASB Price Target

For more insight on analysts targets of ASB, see our ASB price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $22.06 Average Broker Recommendation 2 (Hold)

Associated Banc-Corp (ASB) Company Bio


Associated Banc Corporation provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company was founded in 1964 and is based in Green Bay, Wisconsin.


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Latest ASB News From Around the Web

Below are the latest news stories about ASSOCIATED BANC-CORP that investors may wish to consider to help them evaluate ASB as an investment opportunity.

Should You Be Adding Associated Banc-Corp (NYSE:ASB) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Yahoo | December 23, 2023

After Golden Cross, Associated Banc-Corp (ASB)'s Technical Outlook is Bright

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

Yahoo | December 14, 2023

Associated Bank earns top score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Associated Bank, the largest bank headquartered in Wisconsin, proudly announced that it received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Associated Bank joins the ranks of 545 major U.S. businesses that also earned top marks this year.

Yahoo | December 14, 2023

Should You Buy Associated Banc-Corp (NYSE:ASB) For Its Upcoming Dividend?

Associated Banc-Corp ( NYSE:ASB ) is about to trade ex-dividend in the next 3 days. The ex-dividend date is usually set...

Yahoo | November 26, 2023

Why Is UMB (UMBF) Up 14.9% Since Last Earnings Report?

UMB (UMBF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | November 23, 2023

Read More 'ASB' Stories Here

ASB Price Returns

1-mo 5.34%
3-mo 1.64%
6-mo 28.66%
1-year 26.02%
3-year 11.55%
5-year 23.31%
YTD 1.64%
2023 -2.86%
2022 5.98%
2021 37.25%
2020 -18.93%
2019 15.09%

ASB Dividends

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Continue Researching ASB

Want to see what other sources are saying about Associated Banc-Corp's financials and stock price? Try the links below:

Associated Banc-Corp (ASB) Stock Price | Nasdaq
Associated Banc-Corp (ASB) Stock Quote, History and News - Yahoo Finance
Associated Banc-Corp (ASB) Stock Price and Basic Information | MarketWatch

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