Associated Banc-Corp (NYSE:ASB) Stock Has Consensus Price Target of $31.90 According to Brokerages

Posted by Brian Himes on Oct 10th, 2026

Shares of Associated Banc-Corp (NYSE:ASB – Get Free Report) have been given an average rating of “Moderate Buy” by the twelve research firms that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $32.00.

A number of analysts have recently issued reports on ASB shares. Truist Financial lifted their price objective on shares of Associated Banc from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. Raymond James Financial lifted their price target on shares of Associated Banc from $31.00 to $35.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Piper Sandler reiterated a “neutral” rating and issued a $34.00 price objective on shares of Associated Banc in a report on Wednesday, August 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Associated Banc in a research report on Monday, September 21st. Finally, Barclays raised their target price on Associated Banc from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, October 5th.

Get Our Latest Report on Associated Banc

Insider Buying and Selling

In related news, EVP Derek S. Meyer sold 10,000 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $30.74, for a total value of $307,400.00. Following the sale, the executive vice president directly owned 61,662 shares of the company’s stock, valued at $1,895,489.88. This represents a 13.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Patrick Ahern sold 1,309 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $30.85, for a total transaction of $40,382.65. Following the transaction, the executive vice president owned 43,743 shares in the company, valued at $1,349,471.55. This trade represents a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 78,833 shares of company stock worth $2,502,103 over the last 90 days. 0.71% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Associated Banc

Several large investors have recently modified their holdings of ASB. GAMMA Investing LLC grew its stake in Associated Banc by 6.3% in the third quarter. GAMMA Investing LLC now owns 14,649 shares of the bank’s stock worth $420,000 after purchasing an additional 874 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Associated Banc by 63.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,382 shares of the bank’s stock worth $126,000 after buying an additional 1,696 shares during the last quarter. Gradient Investments LLC grew its position in shares of Associated Banc by 1.5% in the 3rd quarter. Gradient Investments LLC now owns 78,490 shares of the bank’s stock worth $2,249,000 after acquiring an additional 1,156 shares in the last quarter. QRG Capital Management Inc. increased its holdings in shares of Associated Banc by 11.1% in the 2nd quarter. QRG Capital Management Inc. now owns 9,966 shares of the bank’s stock valued at $307,000 after acquiring an additional 992 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Associated Banc by 6.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 23,391 shares of the bank’s stock valued at $720,000 after acquiring an additional 1,474 shares during the last quarter. Institutional investors own 82.98% of the company’s stock.

Associated Banc Trading Down 0.3%

Shares of ASB opened at $28.68 on Friday. Associated Banc has a 12 month low of $23.86 and a 12 month high of $32.46. The stock’s 50-day moving average is $30.32 and its two-hundred day moving average is $29.19. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market cap of $5.42 billion, a PE ratio of 10.03, a P/E/G ratio of 0.98 and a beta of 0.80.

Associated Banc (NYSE:ASB – Get Free Report) last posted its earnings results on Thursday, July 23rd. The bank reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The business had revenue of $454.54 million during the quarter, compared to analyst estimates of $438.01 million. Associated Banc had a return on equity of 10.64% and a net margin of 19.66%. During the same quarter last year, the firm earned $0.65 earnings per share. Equities analysts forecast that Associated Banc will post 2.95 earnings per share for the current fiscal year.

Associated Banc Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.24 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.96 annualized dividend and a yield of 3.3%. Associated Banc’s payout ratio is currently 33.57%.

About Associated Banc

(Get Free Report)

Associated Banc-Corp (NYSE: ASB) is a bank holding company headquartered in Green Bay, Wisconsin. Its principal subsidiary, Associated Bank, provides banking and financial services to consumers, businesses, institutions and municipalities.

The company offers deposit accounts, residential and commercial real estate lending, business loans, consumer financing, cash-management and treasury services, credit cards, wealth management, investment services and insurance products. Associated also provides specialized financial services for commercial and corporate clients, including relationship banking and capital-market support.

Associated Bank serves customers through branches, offices and digital banking channels across Wisconsin and portions of Illinois and Minnesota.