Associated Banc (ASB) Expected to Announce Quarterly Earnings on Thursday
by Teresa Graham · The Cerbat GemAssociated Banc (NYSE:ASB – Get Free Report) is expected to issue its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.6840 per share and revenue of $384.1980 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:00 PM ET.
Associated Banc (NYSE:ASB – Get Free Report) last released its quarterly earnings data on Thursday, January 22nd. The bank reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. Associated Banc had a return on equity of 10.25% and a net margin of 19.31%.The company had revenue of $393.52 million for the quarter, compared to analyst estimates of $382.06 million. During the same period in the previous year, the company posted $0.72 EPS. On average, analysts expect Associated Banc to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Associated Banc Stock Performance
NYSE:ASB opened at $28.34 on Tuesday. The business’s fifty day moving average is $26.47 and its 200 day moving average is $26.26. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 1.46 and a beta of 0.77. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 0.90. Associated Banc has a 52-week low of $19.62 and a 52-week high of $29.51.
Associated Banc Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd. Associated Banc’s payout ratio is presently 34.66%.
Associated Banc declared that its Board of Directors has approved a stock repurchase plan on Tuesday, January 27th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the bank to reacquire up to 2.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on ASB. Royal Bank Of Canada increased their target price on shares of Associated Banc from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. Zacks Research cut shares of Associated Banc from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Wells Fargo & Company increased their price objective on Associated Banc from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, March 30th. Keefe, Bruyette & Woods lifted their price objective on Associated Banc from $29.00 to $30.00 and gave the company a “market perform” rating in a research note on Friday, January 23rd. Finally, Piper Sandler boosted their target price on Associated Banc from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.60.
View Our Latest Stock Analysis on Associated Banc
Insiders Place Their Bets
In other Associated Banc news, Director Eileen A. Kamerick sold 6,600 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $28.02, for a total value of $184,932.00. Following the completion of the transaction, the director owned 49,264 shares of the company’s stock, valued at $1,380,377.28. The trade was a 11.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Patrick Edward Ahern sold 14,731 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $29.03, for a total transaction of $427,640.93. Following the sale, the executive vice president owned 39,401 shares in the company, valued at approximately $1,143,811.03. This trade represents a 27.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 23,656 shares of company stock valued at $677,789 in the last quarter. Corporate insiders own 0.71% of the company’s stock.
Institutional Investors Weigh In On Associated Banc
Large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Associated Banc by 345.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock worth $33,000 after purchasing an additional 1,047 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of Associated Banc during the 3rd quarter valued at about $51,000. Global Retirement Partners LLC bought a new position in shares of Associated Banc during the 4th quarter valued at about $56,000. Quarry LP raised its holdings in shares of Associated Banc by 62.6% during the 3rd quarter. Quarry LP now owns 2,226 shares of the bank’s stock valued at $57,000 after buying an additional 857 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Associated Banc by 144.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,128 shares of the bank’s stock worth $81,000 after buying an additional 1,849 shares during the last quarter. Hedge funds and other institutional investors own 82.98% of the company’s stock.
About Associated Banc
Associated Banc-Corp, through its primary subsidiary Associated Bank, N.A., is a regional financial services company headquartered in Green Bay, Wisconsin. The bank operates more than 200 branches across the Midwest, offering community-focused banking solutions for individuals, small businesses and commercial clients. Its emphasis on personalized service and regional decision-making supports long-standing customer relationships.
On the consumer side, Associated Bank provides checking and savings accounts, residential mortgages, home equity lines of credit, auto financing and credit card products.