Associated Banc (ASB) Expected to Release Earnings on Thursday

Associated Banc (NYSE:ASB) is projected to announce 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. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

Associated Banc (NYSE:ASB) last issued its quarterly earnings results on Thursday, April 23rd. The bank reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. The business had revenue of $387.21 million for the quarter, compared to analysts’ expectations of $384.20 million. Associated Banc had a net margin of 19.88% and a return on equity of 10.46%. During the same period last year, the business earned $0.59 earnings per share. 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 Down 0.1%

ASB stock opened at $30.95 on Wednesday. The company has a market capitalization of $5.84 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76. Associated Banc has a one year low of $23.63 and a one year high of $31.83. The company’s 50 day moving average price is $29.26 and its two-hundred day moving average price is $27.73. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.90 and a current ratio of 0.90.

Associated Banc Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid 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 is 33.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ASB shares. Piper Sandler increased their target price on shares of Associated Banc from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Robert W. Baird upped 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. Weiss Ratings restated a “buy (b)” rating on shares of Associated Banc in a research report on Wednesday, June 24th. Raymond James Financial raised their price objective on Associated Banc from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, Zacks Research downgraded Associated Banc from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Associated Banc currently has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Insider Activity

In other news, 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 completion of the transaction, the executive vice president directly owned 11,777 shares of the company’s stock, valued at approximately $331,758.09. This represents a 29.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John A. Utz sold 5,000 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $28.82, for a total transaction of $144,100.00. Following the sale, the executive vice president owned 118,156 shares of the company’s stock, valued at approximately $3,405,255.92. This represents a 4.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 28,299 shares of company stock worth $801,760 in the last quarter. Insiders own 0.71% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its position in Associated Banc by 345.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock valued at $33,000 after purchasing an additional 1,047 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Associated Banc in the 3rd quarter worth approximately $51,000. Global Retirement Partners LLC bought a new stake in shares of Associated Banc in the 4th quarter worth approximately $56,000. Quarry LP grew its position in shares of Associated Banc by 62.6% in the 3rd quarter. Quarry LP now owns 2,226 shares of the bank’s stock worth $57,000 after buying an additional 857 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Associated Banc by 144.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,128 shares of the bank’s stock valued at $81,000 after buying an additional 1,849 shares during the period. Hedge funds and other 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.