Gregory Warsek Sells 16,300 Shares of Associated Banc (NYSE:ASB) Stock

Associated Banc-Corp (NYSE:ASB) EVP Gregory Warsek sold 16,300 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $32.01, for a total transaction of $521,763.00. Following the sale, the executive vice president owned 13,809 shares of the company’s stock, valued at approximately $442,026.09. The trade was a 54.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Associated Banc Price Performance

Associated Banc stock opened at $32.35 on Friday. Associated Banc-Corp has a 12 month low of $23.86 and a 12 month high of $32.46. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95. The business’s 50 day simple moving average is $30.55 and its 200 day simple moving average is $28.32. The company has a market cap of $6.11 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 1.09 and a beta of 0.77.

Associated Banc (NYSE:ASB) last announced its quarterly earnings data on Thursday, July 23rd. The bank reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.01. Associated Banc had a return on equity of 10.64% and a net margin of 19.66%.The business had revenue of $454.54 million during the quarter, compared to analyst estimates of $438.01 million. During the same period in the prior year, the company earned $0.65 earnings per share. Sell-side analysts forecast that Associated Banc-Corp will post 2.92 EPS for the current year.

Associated Banc Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 1st. Associated Banc’s dividend payout ratio is currently 33.57%.

Hedge Funds Weigh In On Associated Banc

Hedge funds have recently made changes to their positions in the stock. IAG Wealth Partners LLC raised its stake in shares of Associated Banc by 4,250.0% during the 1st quarter. IAG Wealth Partners LLC now owns 1,218 shares of the bank’s stock valued at $31,000 after purchasing an additional 1,190 shares during the period. Eurizon Capital SGR S.p.A. bought a new position in Associated Banc in the 4th quarter worth about $33,000. EverSource Wealth Advisors LLC boosted its stake in Associated Banc by 345.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock worth $33,000 after purchasing an additional 1,047 shares during the period. CIBC Private Wealth Group LLC purchased a new position in Associated Banc during the 3rd quarter valued at about $51,000. Finally, Global Retirement Partners LLC bought a new stake in shares of Associated Banc during the fourth quarter valued at about $56,000. 82.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ASB has been the subject of several recent research reports. Barclays lifted their price objective on Associated Banc from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Raymond James Financial upped their price objective on shares of Associated Banc from $31.00 to $35.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Wells Fargo & Company increased their target price on shares of Associated Banc from $32.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Wall Street Zen downgraded shares of Associated Banc from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Robert W. Baird boosted their price target on shares of Associated Banc from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $31.60.

Associated Banc News Roundup

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

• Positive Sentiment: Near-term earnings estimates improved. Zacks Research raised its FY2026 EPS forecast to $2.95 from $2.92, and increased estimates for Q3 2026 to $0.75 from $0.74 and Q1 2027 to $0.76 from $0.75. These revisions suggest somewhat better expected operating performance in the nearer term. Associated Banc stock information
• Positive Sentiment: Dividend supports investor demand. Associated Banc declared a quarterly dividend of $0.24, or $0.96 annualized, representing an approximately 3.0% yield and a payout ratio of about 33.6%. The bank’s latest quarterly results also exceeded expectations, with EPS of $0.73 versus the $0.72 consensus estimate and revenue of $454.5 million versus forecasts of $438.0 million.
• Positive Sentiment: Institutional ownership remains strong. Several large investors, including Goldman Sachs, Millennium Management and UBS Asset Management, increased their positions during the first half of the year. Institutions and hedge funds own approximately 83% of ASB’s shares.
• Neutral Sentiment: Analyst sentiment is broadly constructive but valuation appears near targets. The consensus rating is “Moderate Buy,” although the average price target of $31.60 is below the stock’s recent trading level. Wells Fargo raised its target to $36 and maintained an “overweight” rating, while other analysts remain at “hold” or “market perform.”
• Negative Sentiment: Longer-term earnings expectations were reduced. Zacks cut its Q2 2028 EPS estimate to $0.84 from $0.94 and lowered FY2028 EPS to $3.35 from $3.56. It also trimmed Q1 2028 and Q2 2027 forecasts, partially offsetting the near-term upgrades. Zacks Associated Banc estimates
• Negative Sentiment: Executives sold significant portions of their holdings. EVP Gregory Warsek sold 16,300 shares for approximately $521,763, reducing his position by 54.1%. EVP Randall Erickson sold 43,561 shares worth about $1.40 million, cutting his ownership by 43.7%. While insider sales can reflect personal financial planning, the size of these transactions may weigh on sentiment. Associated Banc insider sales

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.