Associated Banc (NYSE:ASB) will be releasing its earnings data after the market closes on Thursday, January 25th. Analysts expect Associated Banc to post earnings of $0.38 per share for the quarter.

Associated Banc (NYSE:ASB) last announced its quarterly earnings data on Thursday, October 19th. The bank reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.05. The business had revenue of $276.02 million during the quarter, compared to analysts’ expectations of $276.88 million. Associated Banc had a return on equity of 7.81% and a net margin of 19.54%. During the same quarter in the previous year, the business earned $0.31 earnings per share. On average, analysts expect Associated Banc to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Associated Banc (NYSE ASB) opened at $26.25 on Thursday. The stock has a market capitalization of $3,970.00, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19. Associated Banc has a one year low of $20.95 and a one year high of $26.70. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.89 and a current ratio of 0.90.

A number of brokerages have issued reports on ASB. Piper Jaffray Companies reiterated a “hold” rating and set a $27.00 price objective on shares of Associated Banc in a research note on Tuesday, January 9th. Keefe, Bruyette & Woods reiterated a “neutral” rating on shares of Associated Banc in a research note on Friday, September 22nd. Morgan Stanley lifted their price objective on Associated Banc from $25.50 to $28.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 13th. Robert W. Baird reiterated a “hold” rating and set a $25.00 price objective on shares of Associated Banc in a research note on Sunday, October 1st. Finally, Barclays lifted their price objective on Associated Banc from $27.00 to $29.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the stock. Associated Banc has a consensus rating of “Hold” and a consensus price target of $26.60.

In other Associated Banc news, EVP Breck F. Hanson sold 6,000 shares of Associated Banc stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $25.71, for a total value of $154,260.00. Following the completion of the sale, the executive vice president now owns 15,536 shares of the company’s stock, valued at approximately $399,430.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Moral-Niles Christopher Del sold 1,476 shares of Associated Banc stock in a transaction on Monday, December 4th. The stock was sold at an average price of $26.00, for a total value of $38,376.00. Following the completion of the sale, the chief financial officer now directly owns 81,784 shares of the company’s stock, valued at approximately $2,126,384. The disclosure for this sale can be found here. In the last three months, insiders sold 61,876 shares of company stock valued at $1,570,505. Corporate insiders own 1.80% of the company’s stock.

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Associated Banc Company Profile

Associated Banc-Corp is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (the Bank) and various nonbanking subsidiaries, provides a range of banking and non-banking products and services to individuals. The Company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business, and Risk Management and Shared Services.

Earnings History for Associated Banc (NYSE:ASB)

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