Associated Banc (ASB) Expected to Announce Earnings on Thursday

Associated Banc (NYSE:ASB) is anticipated to issue its Q4 2025 results after the market closes on Thursday, January 22nd. Analysts expect Associated Banc to post earnings of $0.69 per share and revenue of $382.0620 million for the quarter. Individuals may visit the the company’s upcoming Q4 2025 earning results page for the latest details on the call scheduled for Thursday, January 22, 2026 at 5:00 PM ET.

Associated Banc (NYSE:ASB) last issued its earnings results on Thursday, October 23rd. The bank reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.07. The company had revenue of $390.71 million for the quarter, compared to the consensus estimate of $377.94 million. Associated Banc had a return on equity of 9.45% and a net margin of 7.23%.During the same quarter in the prior year, the company earned $0.56 EPS. On average, analysts expect Associated Banc to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Associated Banc Stock Performance

ASB stock opened at $26.29 on Thursday. The firm has a 50 day simple moving average of $26.04 and a 200 day simple moving average of $25.73. Associated Banc has a 52 week low of $18.32 and a 52 week high of $27.58. The stock has a market cap of $4.36 billion, a P/E ratio of 27.96, a P/E/G ratio of 0.72 and a beta of 0.79. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 0.90.

Associated Banc Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.24 per share. This is an increase from Associated Banc’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.7%. Associated Banc’s dividend payout ratio (DPR) is 102.13%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Barclays dropped their price target on shares of Associated Banc from $32.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 11th. Truist Financial raised their price target on Associated Banc from $27.00 to $29.00 and gave the stock a “hold” rating in a research note on Monday, December 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Associated Banc in a research note on Monday, December 29th. Raymond James Financial restated an “outperform” rating and issued a $30.00 price objective (up previously from $29.00) on shares of Associated Banc in a report on Monday, October 27th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $29.00 target price on shares of Associated Banc in a research note on Monday. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Associated Banc presently has an average rating of “Hold” and an average price target of $28.50.

Insider Activity at Associated Banc

In related news, EVP John A. Utz sold 2,135 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $26.41, for a total value of $56,385.35. Following the completion of the sale, the executive vice president directly owned 109,842 shares in the company, valued at approximately $2,900,927.22. The trade was a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Patrick Edward Ahern sold 30,489 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $25.70, for a total value of $783,567.30. Following the transaction, the executive vice president owned 24,055 shares in the company, valued at approximately $618,213.50. This trade represents a 55.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 35,951 shares of company stock valued at $925,756. Corporate insiders own 1.45% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its position in Associated Banc by 139.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,748,667 shares of the bank’s stock worth $61,927,000 after acquiring an additional 1,598,951 shares during the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Associated Banc by 4,883.7% in the third quarter. Balyasny Asset Management L.P. now owns 1,385,666 shares of the bank’s stock worth $35,625,000 after purchasing an additional 1,357,862 shares during the period. Two Sigma Investments LP lifted its position in shares of Associated Banc by 3,116.6% during the 3rd quarter. Two Sigma Investments LP now owns 499,315 shares of the bank’s stock worth $12,837,000 after purchasing an additional 483,792 shares during the last quarter. UBS Group AG boosted its stake in Associated Banc by 102.8% during the 3rd quarter. UBS Group AG now owns 720,915 shares of the bank’s stock valued at $18,535,000 after purchasing an additional 365,392 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in Associated Banc by 141.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 604,387 shares of the bank’s stock valued at $15,539,000 after purchasing an additional 354,411 shares during the period. Institutional investors own 82.98% of the company’s stock.

Associated Banc Company Profile

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.