Associated Banc (ASB) to Post Quarterly Earnings on Thursday

Associated Banc (NYSE:ASB) is expected to be announcing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Associated Banc to announce earnings of $0.72 per share and revenue of $438.0120 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

Associated Banc (NYSE:ASB) last announced its quarterly earnings results on Thursday, April 23rd. The bank reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.01. The company had revenue of $387.21 million during the quarter, compared to the consensus estimate of $384.20 million. Associated Banc had a return on equity of 10.46% and a net margin of 19.88%.During the same period in the previous year, the business earned $0.59 EPS. On average, analysts expect Associated Banc to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Associated Banc Trading Up 0.7%

NYSE:ASB opened at $30.93 on Thursday. Associated Banc has a 1 year low of $23.63 and a 1 year high of $31.50. The stock has a market cap of $5.83 billion, a P/E ratio of 10.74, a P/E/G ratio of 1.13 and a beta of 0.76. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a 50-day simple moving average of $29.02 and a 200-day simple moving average of $27.58.

Associated Banc Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.1%. The ex-dividend date was Monday, June 1st. Associated Banc’s dividend payout ratio is currently 33.33%.

Analyst Ratings Changes

Several brokerages have recently weighed in on ASB. Raymond James Financial boosted their price objective on shares of Associated Banc from $31.00 to $35.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Keefe, Bruyette & Woods lifted their price target on shares of Associated Banc from $30.00 to $31.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Zacks Research downgraded shares of Associated Banc from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Associated Banc in a report on Wednesday, June 24th. Finally, Stephens upgraded Associated Banc from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $30.00 to $29.00 in a research report on Friday, March 27th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.00.

Insider Activity

In other news, EVP Dennis Deloye sold 14,299 shares of Associated Banc stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $28.26, for a total value of $404,089.74. Following the sale, the executive vice president owned 21,385 shares of the company’s stock, valued at $604,340.10. The trade was a 40.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John B. Williams sold 4,000 shares of the business’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $28.18, for a total transaction of $112,720.00. Following the transaction, the director owned 67,420 shares in the company, valued at approximately $1,899,895.60. This trade represents a 5.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,299 shares of company stock worth $801,760 in the last ninety days. 0.71% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Associated Banc

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its holdings in shares of Associated Banc by 345.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock valued at $33,000 after buying an additional 1,047 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of Associated Banc in the third quarter valued at approximately $51,000. Global Retirement Partners LLC purchased a new stake in shares of Associated Banc in the fourth quarter valued at approximately $56,000. Quarry LP grew its holdings in Associated Banc by 62.6% during the third quarter. Quarry LP now owns 2,226 shares of the bank’s stock worth $57,000 after acquiring an additional 857 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in Associated Banc by 144.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,128 shares of the bank’s stock worth $81,000 after acquiring an additional 1,849 shares during the period. Institutional investors and hedge funds 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.