Associated Banc (ASB) Expected to Announce Earnings on Thursday

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

Associated Banc (NYSE:ASB) last released its quarterly earnings results on Thursday, October 23rd. The bank reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.07. The business had revenue of $390.71 million for the quarter, compared to the consensus estimate of $377.94 million. Associated Banc had a net margin of 7.23% and a return on equity of 9.45%. During the same period in the previous year, the firm 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

NYSE:ASB opened at $26.14 on Wednesday. Associated Banc has a fifty-two week low of $18.32 and a fifty-two week high of $27.58. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 0.90. The company has a 50 day moving average price of $26.12 and a 200 day moving average price of $25.76. The stock has a market capitalization of $4.34 billion, a P/E ratio of 27.80, a PEG ratio of 0.74 and a beta of 0.79.

Associated Banc Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Barclays cut their price objective on Associated Banc from $32.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 11th. Royal Bank Of Canada reissued a “sector perform” rating and set a $29.00 price target on shares of Associated Banc in a research report on Monday, January 12th. 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Associated Banc in a research report on Monday, December 29th. Finally, Truist Financial boosted their price target on shares of Associated Banc from $27.00 to $29.00 and gave the stock a “hold” rating in a research note on Monday, December 22nd. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $28.50.

Insider Activity at Associated Banc

In other news, EVP John A. Utz sold 2,135 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $26.41, for a total transaction of $56,385.35. Following the completion of the transaction, the executive vice president directly owned 109,842 shares in the company, valued at approximately $2,900,927.22. This represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Patrick Edward Ahern sold 30,489 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $25.70, for a total transaction of $783,567.30. Following the completion of the sale, the executive vice president directly owned 24,055 shares of the company’s stock, valued at $618,213.50. The trade was a 55.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 35,951 shares of company stock valued at $925,756 in the last ninety days. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Associated Banc by 6.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 97,570 shares of the bank’s stock worth $2,198,000 after acquiring an additional 5,531 shares in the last quarter. Millennium Management LLC raised its stake in shares of Associated Banc by 90.4% during the 1st quarter. Millennium Management LLC now owns 287,890 shares of the bank’s stock worth $6,486,000 after purchasing an additional 136,648 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Associated Banc by 139.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,748,667 shares of the bank’s stock valued at $61,927,000 after buying an additional 1,598,951 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Associated Banc by 13.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 496,392 shares of the bank’s stock valued at $11,184,000 after buying an additional 60,758 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of Associated Banc in the 2nd quarter valued at approximately $328,000. Institutional investors own 82.98% of the company’s stock.

About Associated Banc

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.