Associated Banc-Corp (ASB)

Official site

FINANCIAL SERVICES • BANKS - REGIONAL • NYSE

$28.84

+0.51 (+1.80%)

Market Cap: $5.39B

Last updated: Oct 16, 2026 at 1:54 PM ET

Earnings

Performance (10Y)

Beat Rate

90%(35/39)

Avg Surprise

+8.21%

Streak

12 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.76

Range$0.69 - $0.83

10 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$0.76+0.0%

60d ago$0.75+0.7%

30d ago$0.75+0.6%

7d ago$0.75+0.7%

Current$0.76

Revenue Consensus

$464M

Range$459M - $468M

8 analysts

Period ending Dec 31, 2026

EPS Consensus$0.81

Range$0.56 - $0.96

10 analysts

Revenue Consensus

$489M

Range$474M - $500M

8 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.81	$0.56 - $0.96	-	-	10	-	-
Sep 30, 2026Sep 26EST	-	$0.76	$0.69 - $0.83	-	-	10	1 0 30d	-
Jun 30, 2026Jun 26 Reported Jul 23, 2026Reported Jul 23	$0.73	$0.72	$0.69 - $0.76	+1.39%	Beat	8	0 1 30d	+12.3%
Mar 31, 2026Mar 26 Reported Apr 23, 2026Reported Apr 23	$0.70	$0.69	$0.66 - $0.71	+1.45%	Beat	9	2 1 30d	+11.1%
Dec 31, 2025Dec 25 Reported Jan 22, 2026Reported Jan 22	$0.80	$0.70	$0.67 - $0.72	+14.29%	Beat	9	3 1 30d	+40.4%
Sep 30, 2025Sep 25 Reported Oct 23, 2025Reported Oct 23	$0.73	$0.68	$0.64 - $0.70	+7.35%	Beat	9	2 2 30d	+30.4%
Jun 30, 2025Jun 25 Reported Jul 24, 2025Reported Jul 24	$0.65	$0.62	$0.59 - $0.67	+4.84%	Beat	8	4 2 30d	+25.0%
Mar 31, 2025Mar 25 Reported Apr 24, 2025Reported Apr 24	$0.63	$0.57	$0.54 - $0.63	+10.53%	Beat	8	5 1 30d	+21.2%
Dec 31, 2024Dec 24 Reported Jan 23, 2025Reported Jan 23	$0.57	$0.54	$0.48 - $0.57	+5.56%	Beat	8	2 0 30d	+7.5%
Sep 30, 2024Sep 24 Reported Oct 24, 2024Reported Oct 24	$0.56	$0.50	$0.46 - $0.52	+12.00%	Beat	9	2 0 30d	+5.7%
Jun 30, 2024Jun 24 Reported Jul 25, 2024Reported Jul 25	$0.52	$0.51	$0.50 - $0.54	+1.96%	Beat	10	1 0 30d	-7.1%
Mar 31, 2024Mar 24 Reported Apr 25, 2024Reported Apr 25	$0.52	$0.49	$0.46 - $0.54	+6.12%	Beat	10	1 0 30d	-21.2%
Dec 31, 2023Dec 23 Reported Jan 25, 2024Reported Jan 25	$0.53	$0.52	$0.47 - $0.58	+1.92%	Beat	9	1 0 30d	-24.3%
Sep 30, 2023Sep 23 Reported Oct 19, 2023Reported Oct 19	$0.53	$0.52	$0.49 - $0.54	+1.92%	Beat	10	4 2 30d	-14.5%
Jun 30, 2023Jun 23 Reported Jul 20, 2023Reported Jul 20	$0.56	$0.58	$0.52 - $0.63	-3.45%	Miss	10	1 1 30d	+0.0%
Mar 31, 2023Mar 23 Reported Apr 20, 2023Reported Apr 20	$0.66	$0.64	$0.58 - $0.71	+3.13%	Beat	10	1 0 30d	+40.4%
Dec 31, 2022Dec 22 Reported Jan 26, 2023Reported Jan 26	$0.70	$0.66	$0.60 - $0.69	+6.06%	Beat	9	3 1 30d	+42.9%
Sep 30, 2022Sep 22 Reported Oct 20, 2022Reported Oct 20	$0.62	$0.59	$0.56 - $0.61	+5.08%	Beat	9	4 0 30d	+10.7%
Jun 30, 2022Jun 22 Reported Jul 21, 2022Reported Jul 21	$0.56	$0.44	$0.42 - $0.45	+27.27%	Beat	9	3 0 30d	+0.0%
Mar 31, 2022Mar 22 Reported Apr 21, 2022Reported Apr 21	$0.47	$0.38	$0.33 - $0.40	+23.68%	Beat	10	1 1 30d	-16.1%
Dec 31, 2021Dec 21 Reported Jan 20, 2022Reported Jan 20	$0.49	$0.42	$0.38 - $0.49	+16.67%	Beat	9	3 0 30d	+19.5%
Sep 30, 2021Sep 21 Reported Oct 21, 2021Reported Oct 21	$0.56	$0.44	$0.34 - $0.44	+27.27%	Beat	8	1 0 30d	+133.3%
Jun 30, 2021Jun 21 Reported Jul 22, 2021Reported Jul 22	$0.56	$0.51	$0.32 - $0.59	+9.80%	Beat	9	4 0 30d	+115.4%
Mar 31, 2021Mar 21 Reported Apr 22, 2021Reported Apr 22	$0.56	$0.45	$0.26 - $0.52	+24.44%	Beat	10	8 0 30d	+100.0%
Dec 31, 2020Dec 20 Reported Jan 21, 2021Reported Jan 21	$0.41	$0.31	$0.26 - $0.36	+32.26%	Beat	10	5 0 30d	-8.9%
Sep 30, 2020Sep 20 Reported Oct 22, 2020Reported Oct 22	$0.24	$0.23	$0.06 - $0.28	+4.35%	Beat	10	2 0 30d	-52.0%
Jun 30, 2020Jun 20 Reported Jul 23, 2020Reported Jul 23	$0.26	$0.20	$0.03 - $0.97	+30.00%	Beat	10	3 0 30d	-49.0%
Mar 31, 2020Mar 20 Reported Apr 23, 2020Reported Apr 23	$0.28	$0.32	$-1.86 - $0.40	-12.50%	Miss	10	No revisions (30d)	-44.0%
Dec 31, 2019Dec 19 Reported Jan 23, 2020Reported Jan 23	$0.45	$0.42	$0.39 - $0.45	+7.14%	Beat	9	2 0 30d	-10.0%
Sep 30, 2019Sep 19 Reported Oct 24, 2019Reported Oct 24	$0.50	$0.47	$0.44 - $0.49	+6.38%	Beat	11	No revisions (30d)	+2.0%
Jun 30, 2019Jun 19 Reported Jul 25, 2019Reported Jul 25	$0.51	$0.49	$0.47 - $0.50	+4.08%	Beat	10	2 0 30d	+2.0%
Mar 31, 2019Mar 19 Reported Apr 25, 2019Reported Apr 25	$0.50	$0.51	$0.47 - $0.53	-1.96%	Miss	14	1 0 30d	+25.0%
Dec 31, 2018Dec 18 Reported Jan 24, 2019Reported Jan 24	$0.50	$0.49	$0.46 - $0.51	+2.04%	Beat	15	1 0 30d	+22.0%
Sep 30, 2018Sep 18 Reported Oct 18, 2018Reported Oct 18	$0.49	$0.49	$0.47 - $0.52	+0.00%	Beat	15	1 0 30d	+19.5%
Jun 30, 2018Jun 18 Reported Jul 19, 2018Reported Jul 19	$0.50	$0.48	$0.46 - $0.52	+4.17%	Beat	15	3 0 30d	+38.9%
Mar 31, 2018Mar 18 Reported Apr 19, 2018Reported Apr 19	$0.40	$0.41	$0.39 - $0.43	-2.44%	Miss	15	5 0 30d	+14.3%
Dec 31, 2017Dec 17 Reported Jan 25, 2018Reported Jan 25	$0.41	$0.38	$0.36 - $0.40	+7.89%	Beat	15	No revisions (30d)	+20.6%
Sep 30, 2017Sep 17 Reported Oct 19, 2017Reported Oct 19	$0.41	$0.36	$0.34 - $0.38	+13.89%	Beat	16	3 0 30d	-
Jun 30, 2017Jun 17 Reported Jul 20, 2017Reported Jul 20	$0.36	$0.36	$0.34 - $0.37	+0.00%	Beat	16	1 0 30d	-
Mar 31, 2017Mar 17 Reported Apr 20, 2017Reported Apr 20	$0.35	$0.32	-	+9.38%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Jan 19, 2017Reported Jan 19	$0.34	$0.32	-	+6.25%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield3.33%

Forward Annual Dividend$0.96

Payout Ratio35.75%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+4.71%

5Y CAGR+5.25%

ASB dividend history and ex-dividend dates Run ASB in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	9.74	EV/EBITDA	13.78x
Price/FCF	N/A	FCF Yield	N/A
Profitability
Profit Margin	32.50%	Operating Margin	41.30%
ROE	9.69%	ROIC	4.46%
Financial Health
Debt/Equity	1.01x	Interest Coverage	0.66x
Current Ratio	N/A	Quick Ratio	N/A
Trading Statistics
Beta	0.81	Avg Volume	2.14M
52-Week High	$32.21	52-Week Low	$23.11

Technical Indicators Dashboard

Moving Averages

SMA 10$28.73

SMA 20$28.87

SMA 50$30.00

SMA 200$28.20

EMA 10$28.73

EMA 20$28.99

EMA 50$29.51

EMA 200$28.32

MACD

Line: -0.37Signal: -0.41Hist: 0.04

ADX

ADX: 31.9+DI: 20.1-DI: 30.9

Aroon & PSAR

Aroon Up4.0

Aroon Down60.0

PSAR$29.30

Bollinger Bands

Upper Band$29.53

Lower Band$28.22

%B Position453%(Upper)

Band Width0.47

RSI (14-Day)

Neutral

45.3

Momentum Oscillators

Stoch %K39.6

Stoch %D40.2

Williams %R-39.3

ROC (10d)0.4%

Momentum0.12

CCI (20d)-39.2

MFI (14d)37.8

Volatility Measures

ATR (14d)$0.55(1.9%)

StdDev (20d)0.33

Hist Vol16.4%(Low)

Volume Flow

VWAP$28.73

OBV34.4M

AD Line-806.6M

CMF (20d)-0.146

Volume Metrics

Avg Vol (20d)2.1M

Vol Ratio0.9x

VWMA (20d)$28.97

Pivot Points

R3$28.95

R2$28.73

R1$28.53

Pivot Point$28.30

S1$28.10

S2$27.88

S3$27.68

Advanced Oscillators

TSI-20.64

Ultimate Osc49.3

KST-48.93

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$450.44M	$383.05M	$389.36M	$386.49M	$366.98M	$344.72M	$67.40M	$329.73M	$321.75M	$318.96M	$122.39M	$320.82M
Cost of Revenue	N/A	$231.85M	$241.36M	$267.37M	$263.53M	$252.94M	$275.42M	$298.80M	$296.69M	$289.53M	$292.97M	$276.34M
Gross Profit	N/A	$372.05M	$382.37M	$368.85M	$346.28M	$329.12M	$44.58M	$305.99M	$296.95M	$296.86M	$100.80M	$296.83M

Operating Expenses	$271.88M	$219.16M	$219.47M	$216.20M	$209.35M	$210.62M	$224.28M	$200.60M	$195.86M	$197.66M	$239.39M	$196.21M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Income	N/A	$152.88M	$162.90M	$154.29M	$139.63M	$121.09M	$-177,752,000	$108.61M	$102.88M	$101.49M	$-138,009,000	$102.67M

Interest Income	$623.29M	$528.04M	$544.75M	$556.59M	$545.54M	$526.28M	$528.72M	$540.32M	$530.27M	$523.39M	$525.37M	$508.64M
Interest Expense	$253.25M	$220.85M	$234.77M	$251.37M	$245.54M	$240.34M	$258.44M	$277.81M	$273.68M	$265.53M	$271.96M	$254.39M
Income Before Tax	$159.17M	$152.88M	$162.90M	$154.29M	$139.63M	$121.09M	$-177,752,000	$108.14M	$102.88M	$101.19M	$-138,009,000	$102.67M
Income Tax Expense	$35.60M	$33.25M	$25.77M	$29.55M	$28.40M	$19.41M	$-16,137,000	$20.12M	$-12,689,000	$20.02M	$-47,202,000	$19.43M

Net Income	$123.56M	$119.64M	$137.13M	$124.73M	$111.23M	$101.69M	$-130,431,000	$88.02M	$115.57M	$81.17M	$-90,806,000	$83.25M

EBITDA	$190.16M	$188.02M	$199.15M	$189.93M	$174.17M	$152.30M	$-136,845,000	$141.35M	$135.78M	$131.52M	$-103,991,000	$136.16M
EBIT	$159.17M	$152.88M	$162.90M	$154.28M	$139.63M	$121.09M	$-173,872,000	$108.14M	$102.88M	$97.31M	$-138,010,000	$102.67M

* Some calculated fields are derived from available data when not provided by source

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News

Is Associated BancCorp (ASB) Stock Outpacing Its Finance Peers This Year?

Associated Banc-Corp (ASB) stock is outperforming its Finance sector and industry peers this year, with a 12.7% gain compared to the sector's 3.7% average. The company currently holds a Zacks Rank of #2 (Buy)...

Yahoo Finance Australia•Oct 6, 2026 8:25 AM ET10/6/26•Bullish

Associated Banc-Corp to Announce Third Quarter 2026 Earnings and Hold Conference Call on October 22, 2026

Associated Banc-Corp (NYSE: ASB) announced it will release its third quarter 2026 financial results after market close on Thursday, October 22...

Nasdaq•Oct 2, 2026 10:25 AM ET10/2/26•Neutral

Associated Banc-Corp Price Target Cut to $35.00/Share From $36.00 by Wells Fargo

Wells Fargo has reportedly lowered its price target for Associated Banc-Corp (NYSE:ASB) to $35.00 per share, down from the previous target of $36.00. This adjustment in the price target was disclosed in a research...

Moomoo•Sep 30, 2026 4:28 PM ET9/30/26•Somewhat-Bearish

Associated Banc Corp (ASB) Draws Income Focus As Dividend Appeal Shapes Valuation View

Associated Banc-Corp (ASB) is drawing attention for its dividend profile, including a high yield, historical increases, and a sustainable payout ratio...

Simply Wall Street•Sep 28, 2026 9:22 PM ET9/28/26•Somewhat-Bullish

Associated Banc's Randall J. Erickson to Retire as Executive VP, General Counsel; Will Serve as Attorney-Advisor

Randall J. Erickson, Executive Vice President, General Counsel, and Corporate Secretary of Associated Banc, will retire from his current roles on October 13, 2026. Following his retirement...

TradingView•Sep 22, 2026 4:01 PM ET9/22/26•Neutral

ASB Valuation and Fair Value

P/E: 9.7x
Forward P/E: 9.2x
EV/EBITDA: 13.8x
PEG: 1.8x
P/B: 1.0x

See GNG's fair value

ASB Profitability: Margins, ROIC and FCF

Operating margin: 41.3%
Net margin: 32.5%
ROIC: 4.5%
ROE: 9.7%
FCF margin: 43.0%

ASB Competitors

Company	Ticker
Blackstone Secured Lending Fund	BXSL
BGC Group Inc.	BGC
Hamilton Lane Inc	HLNE
Marex Group plc Ordinary Shares	MRX
Glacier Bancorp Inc	GBCI
Brookfield Business Corp	BBUC
Essent Group Ltd	ESNT
Unum Group 6.250% JR NT58	UNMA

Sector: Financial Services

ASB Analyst Ratings

Consensus: Buy
Analysts: 10
Strong Buy: 2
Buy: 2
Hold: 6
Sell: 0
Strong Sell: 0

ASB Bull Case vs Bear Case

Bull case

ASB converts 43.0% of revenue into free cash flow.
ASB has a 32.5% net profit margin.
ASB beat EPS estimates in 100.0% of its last 8 reported quarters.

ASB Earnings: Beat Rate and Next Report

Beat rate: 8 of 8 quarters (100.0%)
Average surprise: 7.2%
EPS estimate (fiscal period ending Sep 30, 2026): $0.76
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 1 up, 0 down

ASB Dividend

Forward yield: 3.3%
Payout ratio: 35.8%
3Y DPS growth: 4.7%
5Y DPS growth: 5.3%
Pay months: Mar, Jun, Sep, Dec

ASB dividend history

Frequently Asked Questions About ASB

What is ASB's current dividend yield?

Associated Banc-Corp (ASB) has a forward dividend yield of 3.33%.

Does ASB pay dividends?

Yes, Associated Banc-Corp pays dividends with a forward dividend yield of 3.33%.

What is ASB's P/E ratio?

Associated Banc-Corp has a price-to-earnings (P/E) ratio of 9.74.

What is ASB's market cap?

Associated Banc-Corp (ASB) has a market capitalization of $5.39B with a current stock price of $28.84.

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