David Stein - Associated Banc President
| ASB Stock | USD 21.37 0.03 0.14% |
President
Mr. David L. Stein will be appointing as President of Madison Market of the company, Effective January 01, 2019. He was Executive Vice President, Head of Consumer and Business Banking of Associated and Associated Bank since January 2017 and was named Madison Market President in January 2019. He was previously Executive Vice President, Head of Consumer and Commercial Banking from April 2014 until January 2017 and Executive Vice President, Head of Retail Banking from June 2007 until April 2014. He was the President of the Southwest Region of Associated Bank from January 2005 until June 2007. He held various positions with J.P. Morgan Chase Co., and one of its predecessors, Bank One Corporationrationration, from 1989 until joining Associated in 2005. since 2019.
| Age | 61 |
| Tenure | 5 years |
| Address | 433 Main Street, Green Bay, WI, United States, 54301 |
| Phone | 920 491 7500 |
| Web | https://www.associatedbank.com |
Associated Banc Management Efficiency
As of April 26, 2024, Return On Tangible Assets is expected to decline to 0. In addition to that, Return On Capital Employed is expected to decline to 0. At present, Associated Banc's Intangibles To Total Assets are projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 4.22, whereas Total Assets are forecasted to decline to about 21 B. Associated Banc's management efficiency ratios could be used to measure how well Associated Banc manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Joseph Stronks | Community West Bancshares | 48 | |
| Charles Kohl | Community West Bancshares | 67 | |
| Jason Beitz | Community West Bancshares | N/A | |
| Terry Anderson | First Northwest Bancorp | N/A | |
| Christopher Riffle | First Northwest Bancorp | 48 | |
| Adalberto Cantu | Home Federal Bancorp | 74 | |
| Paul Ulrich | Community West Bancshares | 65 | |
| Ryan Finnan | Investar Holding Corp | 49 | |
| Kristine Price | Community West Bancshares | 64 | |
| Travis Lavergne | Investar Holding Corp | 33 | |
| William Filippin | Community West Bancshares | 60 | |
| Susan Thompson | Community West Bancshares | 53 | |
| Jason Freyou | Home Bancorp | 59 | |
| Maureen Clark | Community West Bancshares | 55 | |
| Mary Jones | Home Federal Bancorp | 71 | |
| Glen Brown | Home Federal Bancorp | 60 | |
| James Barlow | Home Federal Bancorp | 56 | |
Management Performance
| Return On Equity | 0.0447 | |||
| Return On Asset | 0.0046 |
Associated Banc Corp Leadership Team
Elected by the shareholders, the Associated Banc's board of directors comprises two types of representatives: Associated Banc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Associated. The board's role is to monitor Associated Banc's management team and ensure that shareholders' interests are well served. Associated Banc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Associated Banc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Breck Hanson, Executive Vice President Head - Commercial Real Estate of the Company and Bank | ||
| Mike Haddad, Independent Director | ||
| Donna Smith, Executive Vice President Head - Commercial Banking of the Company and Bank | ||
| Karen Lith, Independent Director | ||
| John Thayer, Executive Vice President - Head of Wealth Management | ||
| Andrew Harmening, President, Chief Executive Officer, Director | ||
| James Simons, Executive Vice President Deputy Chief Credit Officer of Associated and Associated Bank | ||
| Brian Klaus, IR Contact Officer | ||
| David Stein, Executive Vice President Head - Retail Banking of the Company and Bank | ||
| William Bohn, Executive Vice President, Head of Wealth Management and Institutional Services | ||
| Michael Meinolf, Executive Vice President, Chief Information Officer | ||
| Ben McCarville, VP Relations | ||
| Oliver Buechse, Executive Vice President Chief Strategy Officer of the Company and Bank | ||
| Patrick Derpinghaus, Executive Vice President and Chief Audit Executive of the Company and Bank | ||
| John Bergstrom, Independent Director | ||
| Judith Docter, Chief Human Resources Officer, Executive Vice President of the Company and Bank | ||
| Nicole Kitowski, Executive Vice President Chief Risk Officer | ||
| Matthew Braeger, Executive Vice President and Chief Audit Executive of Associated Bank, National Association | ||
| Cory Nettles, Independent Director | ||
| Douglas Quick, Independent Director | ||
| John Utz, Executive VP, Executive VP of Associated Bank, Head of Specialized Financial Services Group for Associated Bank, Head of Specialized Financial Services Group and Milwaukee Market Pres | ||
| Dennis Deloye, Executive Vice President deputy head of community markets and Northeast Wisconsin regional president | ||
| Patrick Ahern, Executive Vice President Chief Credit Officer | ||
| Paul Schmidt, Executive Vice President, Head of Consumer and Commercial Banking of Associated and Associated Bank | ||
| Judith Greffin, Independent Director | ||
| Christopher Piotrowski, Executive Vice President, Chief Marketing Officer of Associated and Associated Bank | ||
| Jay Gerken, Director | ||
| Arthur Heise, Executive Vice President Chief Risk Officer of the Company and Bank | ||
| Richard Lommen, Independent Director | ||
| Scott Hickey, Executive Vice President Chief Credit Officer of the Company and Bank | ||
| Gary Schaefer, President and Director of Associated Bank Madison | ||
| Jennifer Kaminski, VP Manager | ||
| Angie DeWitt, Executive Vice President and Deputy Chief Human Resources Officer | ||
| Ruth Crowley, Independent Director | ||
| James Payne, Executive Vice President Chief Information and Operations Officer of Associated and Associated Bank | ||
| Teresa Gutierrez, IR Contact Officer | ||
| John Williams, Independent Chairman of the Board | ||
| Ronald Harder, Independent Director | ||
| Robert Jeffe, Independent Director | ||
| Tammy Stadler, Executive Vice President Principal Accounting Officer, Corporate Controller | ||
| Terry Williams, Executive Officer | ||
| Michael Crowley, Independent Director | ||
| John Hankerd, Executive Vice President Chief Credit Officer | ||
| James Yee, Chief Information and Operations Officer, Executive VP, Chief Information and Operations Officer of Associated Bank and Executive VP of Associated Bank | ||
| Randall Erickson, Executive Vice President General Counsel, Corporate Secretary of the Company and Bank | ||
| Anthony Pecora, Director VP | ||
| Christopher MoralNiles, Chief Financial Officer, Executive Vice President | ||
| Derek Meyer, Executive CFO | ||
| Eileen Kamerick, Independent Director | ||
| Gale Klappa, Independent Director | ||
| Robb Timme, IR Contact Officer | ||
| William Hutchinson, Independent Chairman of the Board | ||
| R Gerken, Independent Director | ||
| Bryan Carson, Chief VP | ||
| Philip Flynn, CEO and President Director, Chairman of Corporate Devel. Committee, CEO of Associated Bank and President of Associated Bank and Director of Associated Bank | ||
| Timothy Lau, Executive Vice President and Head - Private Client and Institutional Services of the Company and Bank | ||
| Michael Haddad, Independent Director |
Associated Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Associated Banc a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0447 | |||
| Return On Asset | 0.0046 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | (0.92) % | |||
| Current Valuation | 5.25 B | |||
| Shares Outstanding | 150.26 M | |||
| Shares Owned By Insiders | 0.80 % | |||
| Shares Owned By Institutions | 84.78 % | |||
| Number Of Shares Shorted | 4.48 M | |||
| Price To Earning | 11.26 X |
Pair Trading with Associated Banc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Associated Banc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Associated Banc will appreciate offsetting losses from the drop in the long position's value.Moving together with Associated Stock
| 0.69 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.79 | PB | Prosperity Bancshares Normal Trading | PairCorr |
The ability to find closely correlated positions to Associated Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Banc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Associated Banc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Associated Banc Corp to buy it.
The correlation of Associated Banc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Associated Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Banc Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Associated Banc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Associated Stock analysis
When running Associated Banc's price analysis, check to measure Associated Banc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Associated Banc is operating at the current time. Most of Associated Banc's value examination focuses on studying past and present price action to predict the probability of Associated Banc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Banc's price. Additionally, you may evaluate how the addition of Associated Banc to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |
Is Associated Banc's industry 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 (0.14) | Dividend Share 0.85 | Earnings Share 1.13 | Revenue Per Share 6.8 | Quarterly Revenue Growth (0.69) |
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.