Brokers Issue Forecasts for Associated Banc Q2 Earnings

Associated Banc-Corp (NYSE:ASB) – Stock analysts at Zacks Research issued their Q2 2026 earnings estimates for shares of Associated Banc in a report released on Tuesday, April 7th. Zacks Research analyst Team forecasts that the bank will post earnings of $0.71 per share for the quarter. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Associated Banc’s current full-year earnings is $2.43 per share. Zacks Research also issued estimates for Associated Banc’s Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.86 EPS, Q1 2027 earnings at $0.77 EPS, Q2 2027 earnings at $0.72 EPS, Q3 2027 earnings at $0.80 EPS, Q4 2027 earnings at $0.78 EPS, FY2027 earnings at $3.08 EPS, Q1 2028 earnings at $0.80 EPS and FY2028 earnings at $3.33 EPS.

Associated Banc (NYSE:ASB) last released its quarterly earnings data on Thursday, January 22nd. The bank reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.11. The company had revenue of $393.52 million for the quarter, compared to analyst estimates of $382.06 million. Associated Banc had a net margin of 19.31% and a return on equity of 10.25%. During the same period in the previous year, the business earned $0.72 EPS.

ASB has been the subject of several other research reports. Stephens raised shares of Associated Banc from an “equal weight” rating to an “overweight” rating and reduced their target price for the stock from $30.00 to $29.00 in a report on Friday, March 27th. Royal Bank Of Canada lifted their target price on shares of Associated Banc from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, January 23rd. Piper Sandler lifted their target price on shares of Associated Banc from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, January 23rd. Weiss Ratings raised shares of Associated Banc from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Finally, Truist Financial reduced their target price on shares of Associated Banc from $30.00 to $27.00 and set a “hold” rating for the company in a report on Monday, March 23rd. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.60.

Associated Banc Stock Performance

Shares of ASB stock opened at $27.22 on Thursday. The company has a market capitalization of $4.50 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 1.21 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. The company has a 50-day simple moving average of $26.57 and a 200 day simple moving average of $26.15. Associated Banc has a 52 week low of $18.32 and a 52 week high of $29.51.

Institutional Trading of Associated Banc

Institutional investors have recently bought and sold shares of the business. Eurizon Capital SGR S.p.A. bought a new stake in shares of Associated Banc during the 4th quarter worth approximately $33,000. Smartleaf Asset Management LLC lifted its holdings in shares of Associated Banc by 46.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,279 shares of the bank’s stock worth $33,000 after acquiring an additional 408 shares during the period. Quent Capital LLC bought a new stake in shares of Associated Banc during the 3rd quarter worth approximately $34,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Associated Banc by 345.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock worth $33,000 after acquiring an additional 1,047 shares during the period. Finally, First Horizon Corp bought a new stake in shares of Associated Banc during the 3rd quarter worth approximately $39,000. Institutional investors own 82.98% of the company’s stock.

Insider Buying and Selling at Associated Banc

In other Associated Banc news, EVP Patrick Edward Ahern sold 14,731 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $29.03, for a total value of $427,640.93. Following the completion of the sale, the executive vice president owned 39,401 shares of the company’s stock, valued at $1,143,811.03. The trade was a 27.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Eileen A. Kamerick sold 6,600 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $28.02, for a total transaction of $184,932.00. Following the completion of the sale, the director directly owned 49,264 shares of the company’s stock, valued at $1,380,377.28. This represents a 11.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,656 shares of company stock valued at $677,789 in the last quarter. Company insiders own 0.71% of the company’s stock.

Associated Banc announced that its Board of Directors has authorized a share buyback program 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 programs are generally an indication that the company’s management believes its stock is undervalued.

Associated Banc Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 3.5%. Associated Banc’s payout ratio is currently 34.66%.

Associated Banc Company Profile

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.