Associated Banc-Corp (ASB)

In the past six months, Associated Banc-Corp reported its Fourth Quarter 2025 and First Quarter 2026 earnings, with Q1 2026 diluted earnings per common share slightly beating analyst expectations. The Board of Directors declared a regular quarterly cash dividend and authorized the repurchase of up to $100 million of Associated's common stock. The acquisition of American National Corporation was completed, strengthening Associated Banc-Corp's Midwest footprint. As of May 2026, Associated Banc-Corp has a consensus "Hold" rating from analysts, with some raising price targets. The stock reached a 52-week high on February 6, 2026, and as of May 8, 2026, the stock has seen a gain of approximately 13.5%. Over the last 90 days, insiders have sold shares of company stock.

Associated Banc-Corp's demand for products and services can experience some seasonality, influenced by general economic cycles and interest rate environments. Mortgage demand can be higher during warmer months, while certain business lending might align with specific industry cycles. The company's diversified offerings and focus on organic deposit growth help to mitigate extreme seasonality.

Associated Banc-Corp (ASB) is a U.S. regional bank holding company based in Green Bay, Wisconsin, operating in the Financial Services sector. It provides a range of banking and non-banking financial products and services to individuals and businesses. Its major products and services are categorized into Corporate and Commercial Specialty, Community, Consumer, and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment offers lending, deposit, and specialized financial services. The Community, Consumer, and Business segment focuses on lending and transactional solutions for individuals and small to mid-sized businesses. The Risk Management and Shared Services segment encompasses shared corporate functions and intersegment activities. In April 2026, Associated Banc-Corp launched a new, nationally focused Franchise Banking vertical.

Associated Banc-Corp has a strong Midwest presence, operating over 200 banking locations across Wisconsin, Illinois, Iowa, Minnesota, Missouri, and Nebraska. It also extends its reach through loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas.

Associated Banc-Corp maintains a reputation as a leading Midwest banking franchise. Strong financial results, strategic growth initiatives like the launch of a new Franchise Banking vertical and the acquisition of American National Corporation, and community engagement contribute to its brand reputation. A credit rating adjustment by S&P Global Ratings could have a minor impact on its reputation among certain investors.

Associated Banc-Corp's ownership is heavily dominated by institutional investors, who held a significant percentage of shares as of April 2025. Key institutional shareholders include BlackRock, Inc., Vanguard Group Inc, Fmr Llc, Dimensional Fund Advisors Lp, and State Street Corp. Individual insiders accounted for a smaller percentage of the shares as of April 2025.