Associated Banc Q3 EPS Forecast Raised by Zacks Research

Posted by George Bondi on Aug 14th, 2026

Associated Banc-Corp (NYSE:ASB – Free Report) – Research analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for Associated Banc in a research report issued on Thursday, August 13th. Zacks Research analyst Team now anticipates that the bank will earn $0.75 per share for the quarter, up from their prior forecast of $0.74. The consensus estimate for Associated Banc’s current full-year earnings is $2.91 per share. Zacks Research also issued estimates for Associated Banc’s FY2026 earnings at $2.95 EPS, Q1 2027 earnings at $0.76 EPS, Q2 2027 earnings at $0.84 EPS, Q4 2027 earnings at $0.82 EPS, Q1 2028 earnings at $0.77 EPS, Q2 2028 earnings at $0.84 EPS and FY2028 earnings at $3.35 EPS.

ASB has been the subject of a number of other research reports. Truist Financial boosted their price target on Associated Banc from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. Robert W. Baird raised 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. Piper Sandler lifted 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. Keefe, Bruyette & Woods boosted their price target on Associated Banc from $30.00 to $31.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Finally, Barclays upped their price objective on Associated Banc from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.60.

View Our Latest Research Report on ASB

Associated Banc Stock Performance

NYSE:ASB opened at $32.22 on Friday. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 1.09 and a beta of 0.77. Associated Banc has a fifty-two week low of $23.86 and a fifty-two week high of $32.44. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a fifty day moving average price of $30.46 and a 200-day moving average price of $28.29.

Associated Banc (NYSE:ASB – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The bank reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. The firm had revenue of $454.54 million for 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 company earned $0.65 EPS.

Associated Banc Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, September 1st. Associated Banc’s dividend payout ratio is currently 33.57%.

Insiders Place Their Bets

In related news, EVP Gregory Warsek sold 16,300 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $32.01, for a total transaction of $521,763.00. Following the sale, the executive vice president owned 13,809 shares of the company’s stock, valued at $442,026.09. This trade represents a 54.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Nicole M. Kitowski sold 7,663 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $30.91, for a total value of $236,863.33. Following the completion of the transaction, the executive vice president owned 45,327 shares of the company’s stock, valued at $1,401,057.57. This represents a 14.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 101,823 shares of company stock worth $3,150,761 over the last 90 days. Insiders own 0.71% of the company’s stock.

Institutional Investors Weigh In On Associated Banc

Institutional investors have recently added to or reduced their stakes in the business. Sei Investments Co. increased its position in shares of Associated Banc by 134.1% during the first quarter. Sei Investments Co. now owns 433,405 shares of the bank’s stock worth $11,208,000 after buying an additional 248,265 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in Associated Banc by 159.3% in the first quarter. Y Intercept Hong Kong Ltd now owns 245,801 shares of the bank’s stock valued at $6,356,000 after buying an additional 150,998 shares during the period. Associated Banc Corp boosted its position in Associated Banc by 7.5% during the fourth quarter. Associated Banc Corp now owns 2,631,339 shares of the bank’s stock valued at $67,783,000 after acquiring an additional 182,623 shares during the last quarter. Vanguard Group Inc. grew its holdings in Associated Banc by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 18,538,157 shares of the bank’s stock worth $477,543,000 after acquiring an additional 545,185 shares during the period. Finally, LSV Asset Management raised its position in shares of Associated Banc by 1.1% in the 4th quarter. LSV Asset Management now owns 3,663,163 shares of the bank’s stock worth $94,363,000 after acquiring an additional 38,900 shares in the last quarter. 82.98% of the stock is owned by institutional investors.

Associated Banc News Roundup

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

Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $2.95 from $2.92 and increased its Q3 2026 estimate to $0.75 from $0.74. It also lifted its Q1 2027 forecast to $0.76 from $0.75, suggesting modestly improved near-term earnings expectations.
Positive Sentiment: Zacks also raised its Q4 2027 EPS estimate to $0.82 from $0.80. The revisions indicate some confidence in Associated Banc’s earnings trajectory despite other reductions.
Positive Sentiment: The company declared a quarterly dividend of $0.24, payable September 15 to shareholders of record September 1. The $0.96 annualized payout represents an approximately 3.0% yield, with a 33.57% payout ratio.
Positive Sentiment: Wells Fargo raised its price target to $36 from $32 and maintained an “overweight” rating, while the broader analyst consensus remains “Moderate Buy.” Wells Fargo Reaffirms Their Buy Rating on Associated Banc-Corp
Neutral Sentiment: Recent institutional activity was generally supportive, including increased holdings by Goldman Sachs, Millennium Management and UBS. Institutional investors and hedge funds own approximately 83% of the stock.
Negative Sentiment: Zacks lowered several forecasts: Q2 2027 EPS to $0.84 from $0.85, Q1 2028 to $0.77 from $0.80, and Q2 2028 to $0.84 from $0.94. Its FY2028 forecast fell sharply to $3.35 from $3.56, raising concerns about longer-term growth.
Negative Sentiment: Two executives sold a substantial number of shares. EVP Gregory Warsek sold 16,300 shares for about $522,000, reducing his position by 54.14%, while EVP Randall Erickson sold 43,561 shares for approximately $1.40 million, cutting his ownership by 43.71%. Associated Banc EVP Sells Shares

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.