Associated Banc-Corp $ASB Shares Purchased by LSV Asset Management

Posted by Stanley Muller on May 24th, 2026

LSV Asset Management boosted its holdings in Associated Banc-Corp (NYSE:ASB – Free Report) by 1.1% during the 4th quarter, Holdings Channel reports. The fund owned 3,663,163 shares of the bank’s stock after acquiring an additional 38,900 shares during the quarter. LSV Asset Management’s holdings in Associated Banc were worth $94,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in ASB. Smartleaf Asset Management LLC increased its position in Associated Banc by 46.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,279 shares of the bank’s stock valued at $33,000 after acquiring an additional 408 shares during the period. EverSource Wealth Advisors LLC increased its position in Associated Banc by 345.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock valued at $33,000 after acquiring an additional 1,047 shares during the period. CIBC Private Wealth Group LLC acquired a new stake in Associated Banc in the 3rd quarter valued at approximately $51,000. Hoese & Co LLP acquired a new stake in Associated Banc in the 4th quarter valued at approximately $52,000. Finally, Bessemer Group Inc. boosted its stake in Associated Banc by 55.5% during the 3rd quarter. Bessemer Group Inc. now owns 2,074 shares of the bank’s stock valued at $54,000 after purchasing an additional 740 shares in the last quarter. 82.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ASB has been the subject of a number of research reports. Weiss Ratings raised Associated Banc from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday, February 17th. Zacks Research lowered Associated Banc from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Wall Street Zen lowered Associated Banc from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Wells Fargo & Company increased their price target on Associated Banc from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, March 30th. Finally, Piper Sandler increased their price target on Associated Banc from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Associated Banc has a consensus rating of “Moderate Buy” and an average target price of $30.30.

Check Out Our Latest Report on Associated Banc

Associated Banc Stock Performance

Shares of NYSE ASB opened at $28.02 on Friday. The firm has a market cap of $4.65 billion, a P/E ratio of 9.73, a PEG ratio of 1.62 and a beta of 0.79. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a fifty day moving average price of $26.84 and a two-hundred day moving average price of $26.64. Associated Banc-Corp has a 1 year low of $22.40 and a 1 year high of $29.51.

Associated Banc (NYSE:ASB – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The bank reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.01. The business had revenue of $387.21 million during the quarter, compared to analyst estimates of $384.20 million. Associated Banc had a return on equity of 10.46% and a net margin of 19.88%.During the same period last year, the company posted $0.59 EPS. Research analysts forecast that Associated Banc-Corp will post 2.92 EPS for the current fiscal year.

Associated Banc Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.96 annualized dividend and a dividend yield of 3.4%. Associated Banc’s dividend payout ratio (DPR) is currently 33.33%.

Associated Banc announced that its board has authorized a stock repurchase program on Tuesday, January 27th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the bank to repurchase up to 2.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Associated Banc

In other news, Director John B. Williams sold 4,000 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $28.18, for a total transaction of $112,720.00. Following the completion of the sale, the director directly owned 67,420 shares of the company’s stock, valued at $1,899,895.60. This trade represents a 5.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.71% of the stock is currently owned by corporate insiders.

Associated Banc Profile

(Free Report)

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.