Associated Banc Corp Stock Today

ASB Stock  USD 19.96  0.06  0.30%   

Performance

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Odds Of Distress

Less than 5

 
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Associated Banc is trading at 19.96 as of the 18th of April 2024, a 0.30 percent increase since the beginning of the trading day. The stock's open price was 19.9. Associated Banc has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over 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 19th of March 2024 and ending today, the 18th of April 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 150.26 M outstanding shares of which 3.81 M shares are presently shorted by investors with about 2.93 days to cover. More on Associated Banc Corp

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Associated Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Associated Banc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Associated Banc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOAndrew Harmening
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Midcap 400, WSE WIG INDEX, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Associated Banc report their recommendations after researching Associated Banc's financial statements, talking to executives and customers, or listening in on Associated Banc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Associated Banc Corp. The Associated consensus assessment is calculated by taking the average forecast from all of the analysts covering Associated Banc.
Financial Strength
Based on the measurements of operating efficiency obtained from Associated Banc's historical financial statements, Associated Banc Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Associated Banc Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00420.0045
Notably Down
Pretty Stable
Asset Turnover0.04690.0268
Way Up
Slightly volatile
Gross Profit Margin1.421.61
Fairly Down
Slightly volatile
Net Debt2.6 B1.6 B
Way Up
Very volatile
Total Current Liabilities703 M740 M
Notably Down
Slightly volatile
Non Current Liabilities Total1.6 B1.7 B
Significantly Down
Very 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
Associated Banc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Associated Banc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Associated Banc's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Associated Banc's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Associated Banc's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Associated Banc deploys its capital and how much of that capital is borrowed.
Liquidity
Associated Banc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.48 B in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. Debt can assist Associated Banc until it has trouble settling it off, either with new capital or with free cash flow. So, Associated Banc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Associated Banc Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Associated to invest in growth at high rates of return. When we think about Associated Banc's use of debt, we should always consider it together with cash and equity.

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 4,100 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 2.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Associated Banc's market, we take the total number of its shares issued and multiply it by Associated Banc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Associated Banc Corp runs under Banks sector within Financials industry. The entity has 150.26 M outstanding shares of which 3.81 M shares are presently shorted by investors with about 2.93 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 Corp retains a total of 150.26 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Associated Ownership Details

Associated Stock Price Odds Analysis

What are Associated Banc's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Associated Banc jumping above the current price in 90 days from now is about 90.47%. The Associated Banc Corp probability density function shows the probability of Associated Banc stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5168. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Associated Banc will likely underperform. Additionally, associated Banc Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 19.96HorizonTargetOdds Above 19.96
9.35%90 days
 19.96 
90.47%
Based on a normal probability distribution, the odds of Associated Banc to move above the current price in 90 days from now is about 90.47 (This Associated Banc Corp probability density function shows the probability of Associated Stock to fall within a particular range of prices over 90 days) .

Associated Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Associated Banc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Associated Banc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Associated Banc's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
2.3 M
Verition Fund Managegment, Llc2023-12-31
2.2 M
Bank Of New York Mellon Corp2023-12-31
M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Alliancebernstein L.p.2023-12-31
1.9 M
Northern Trust Corp2023-12-31
1.9 M
Norges Bank2023-12-31
1.7 M
American Century Companies Inc2023-12-31
1.7 M
Aqr Capital Management Llc2023-12-31
1.5 M
Blackrock Inc2023-12-31
19.2 M
Vanguard Group Inc2023-12-31
15.6 M
View Associated Banc Diagnostics

Associated Banc Historical Income Statement

Associated Banc Corp Income Statement is one of the three primary financial statements used for reporting Associated's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Associated Banc Corp revenue and expense. Associated Banc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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

Picking the right benchmark for Associated Banc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Associated Banc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Associated Banc is critical whether you are bullish or bearish towards Associated Banc Corp at a given time. Please also check how Associated Banc's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Associated Banc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Associated Banc Corporate Directors

Associated Banc corporate directors refer to members of an Associated Banc board of directors. The board of directors generally takes responsibility for the Associated Banc's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Associated Banc's board members must vote for the resolution. The Associated Banc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mike HaddadIndependent DirectorProfile
Karen LithIndependent DirectorProfile
John BergstromIndependent DirectorProfile
Cory NettlesIndependent DirectorProfile

How to buy Associated Stock?

Before investing in Associated Banc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Associated Banc. To buy Associated Banc stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Associated Banc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Associated Banc stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Associated Banc Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Associated Banc Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Associated Banc Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Associated Stock please use our How to Invest in Associated Banc guide.

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 tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.
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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.