Analysts Set Associated Banc-Corp (NYSE:ASB) Target Price at $31.00

Posted by on Jul 25th, 2026

Associated Banc-Corp (NYSE:ASB – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $31.00.

ASB has been the subject of a number of research reports. Barclays lifted their price target on shares of Associated Banc from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Raymond James Financial lifted their price objective on Associated Banc from $31.00 to $35.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Wells Fargo & Company boosted their target price on Associated Banc from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, March 30th. Piper Sandler upped their target price on Associated Banc from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Truist Financial raised their price target on Associated Banc from $30.00 to $32.00 and gave the company a “hold” rating in a research report on Friday, July 10th.

View Our Latest Report on ASB

Insider Buying and Selling at Associated Banc

In other Associated Banc news, EVP John A. Utz sold 5,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $28.82, for a total value of $144,100.00. Following the sale, the executive vice president owned 118,156 shares of the company’s stock, valued at $3,405,255.92. This represents a 4.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John B. Williams sold 4,000 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $28.18, for a total transaction of $112,720.00. Following the completion of the sale, the director owned 67,420 shares in the company, valued at $1,899,895.60. This represents a 5.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 28,299 shares of company stock worth $801,760. 0.71% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Associated Banc

Several hedge funds have recently bought and sold shares of the stock. IAG Wealth Partners LLC lifted its position in shares of Associated Banc by 4,250.0% in the first quarter. IAG Wealth Partners LLC now owns 1,218 shares of the bank’s stock valued at $31,000 after acquiring an additional 1,190 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in Associated Banc during the 4th quarter worth about $33,000. EverSource Wealth Advisors LLC increased its position in 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 purchasing an additional 1,047 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in Associated Banc in the 3rd quarter valued at about $51,000. Finally, Hoese & Co LLP acquired a new position in Associated Banc in the 4th quarter valued at about $52,000. Hedge funds and other institutional investors own 82.98% of the company’s stock.

Associated Banc Stock Performance

NYSE:ASB opened at $30.78 on Monday. The firm’s fifty day simple moving average is $29.45 and its 200-day simple moving average is $27.82. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.84. The stock has a market cap of $5.81 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 1.12 and a beta of 0.76. Associated Banc has a fifty-two week low of $23.63 and a fifty-two week high of $31.83.

Associated Banc (NYSE:ASB – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The bank reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. The firm had revenue of $450.44 million during the quarter, compared to analysts’ expectations of $438.01 million. Associated Banc had a net margin of 19.66% and a return on equity of 11.03%. During the same quarter last year, the business earned $0.65 earnings per share. Analysts expect that Associated Banc will post 2.91 earnings per share for the current fiscal year.

Associated Banc Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 3.1%. The ex-dividend date was Monday, June 1st. Associated Banc’s dividend payout ratio (DPR) is 33.33%.

More Associated Banc News

Here are the key news stories impacting Associated Banc this week:

  • Positive Sentiment: ASB reported adjusted Q2 EPS of $0.73, slightly ahead of the $0.72 consensus, while revenue of $450.4 million also beat estimates. The beat suggests the bank is executing well operationally. Associated Banc-Corp (ASB) Surpasses Q2 Earnings and Revenue Estimates
  • Positive Sentiment: Net interest income, fee income, loans, and deposits all improved year over year, signaling healthier underlying business momentum and better revenue generation. Associated Banc-Corp Q2 Earnings Beat as NII, Fee Income Improve Y/Y
  • Positive Sentiment: Management said it targets 18%–20% loan growth in 2026 and plans to resume share repurchases in the second half, both of which are supportive of future earnings per share and shareholder returns.
  • Neutral Sentiment: Several follow-up articles and the earnings call transcript highlighted strong loan growth and strategic initiatives, but these were largely reiterations of the earnings release rather than new market-moving developments.
  • Neutral Sentiment: The stock had already moved higher into the earnings release and is now trading near its 52-week high, which may limit upside if investors begin to focus on execution versus valuation.

Associated Banc Company Profile

(Get 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.

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Analyst Recommendations for Associated Banc (NYSE:ASB)

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