Fifth Third Bancorp Boosts Holdings in Associated Banc-Corp $ASB

Fifth Third Bancorp lifted its holdings in shares of Associated Banc-Corp (NYSE:ASB) by 3,010.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 45,539 shares of the bank’s stock after purchasing an additional 44,075 shares during the period. Fifth Third Bancorp’s holdings in Associated Banc were worth $1,178,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. IAG Wealth Partners LLC boosted its position in Associated Banc by 4,250.0% during the first quarter. IAG Wealth Partners LLC now owns 1,218 shares of the bank’s stock valued at $31,000 after buying an additional 1,190 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in shares of Associated Banc in the fourth quarter worth about $33,000. EverSource Wealth Advisors LLC increased its holdings in shares of Associated Banc by 345.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock worth $33,000 after buying an additional 1,047 shares during the period. CIBC Private Wealth Group LLC bought a new stake in shares of Associated Banc in the 3rd quarter valued at about $51,000. Finally, Hoese & Co LLP bought a new stake in shares of Associated Banc in the 4th quarter valued at about $52,000. Hedge funds and other institutional investors own 82.98% of the company’s stock.

Insiders Place Their Bets

In related news, Director John B. Williams sold 4,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $28.18, for a total transaction of $112,720.00. Following the completion of the sale, the director owned 67,420 shares in the company, valued at approximately $1,899,895.60. This represents a 5.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matthew R. Braeger sold 5,000 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $28.17, for a total transaction of $140,850.00. Following the sale, the executive vice president directly owned 11,777 shares of the company’s stock, valued at $331,758.09. The trade was a 29.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 28,299 shares of company stock valued at $801,760. 0.71% of the stock is currently owned by corporate insiders.

Associated Banc Stock Performance

Shares of Associated Banc stock opened at $30.78 on Friday. Associated Banc-Corp has a 1 year low of $23.63 and a 1 year high of $31.83. The firm’s 50-day moving average is $29.45 and its 200 day moving average is $27.82. The stock has a market cap of $5.81 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 1.12 and a beta of 0.76. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.90 and a quick ratio of 0.90.

Associated Banc (NYSE:ASB) last released its quarterly earnings data on Thursday, July 23rd. The bank reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The business had revenue of $450.44 million during the quarter, compared to analyst estimates of $438.01 million. Associated Banc had a net margin of 19.66% and a return on equity of 11.03%. During the same period last year, the business earned $0.65 EPS. Sell-side analysts anticipate that Associated Banc-Corp will post 2.91 EPS for the current fiscal year.

Associated Banc Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.1%. Associated Banc’s dividend payout ratio (DPR) is presently 33.33%.

Analysts Set New Price Targets

Several research firms recently issued reports on ASB. Barclays raised their price target on Associated Banc from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Keefe, Bruyette & Woods increased their price objective on Associated Banc from $30.00 to $31.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. Zacks Research cut shares of Associated Banc from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Truist Financial lifted their target price on shares of Associated Banc from $30.00 to $32.00 and gave the stock a “hold” rating in a research note on Friday, July 10th. Finally, Wall Street Zen lowered shares of Associated Banc from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $31.00.

Trending Headlines about Associated Banc

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

• Positive Sentiment: ASB reported adjusted Q2 EPS of $0.73, slightly ahead of the $0.72 consensus, while revenue of $450.4 million also beat estimates. The beat suggests the bank is executing well operationally. Associated Banc-Corp (ASB) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Net interest income, fee income, loans, and deposits all improved year over year, signaling healthier underlying business momentum and better revenue generation. Associated Banc-Corp Q2 Earnings Beat as NII, Fee Income Improve Y/Y
• Positive Sentiment: Management said it targets 18%–20% loan growth in 2026 and plans to resume share repurchases in the second half, both of which are supportive of future earnings per share and shareholder returns.
• Neutral Sentiment: Several follow-up articles and the earnings call transcript highlighted strong loan growth and strategic initiatives, but these were largely reiterations of the earnings release rather than new market-moving developments.
• Neutral Sentiment: The stock had already moved higher into the earnings release and is now trading near its 52-week high, which may limit upside if investors begin to focus on execution versus valuation.

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.