Weekly Investment Analysts’ Ratings Updates for Associated Banc (ASB)

A number of firms have modified their ratings and price targets on shares of Associated Banc (NYSE: ASB) recently:

• 11/9/2026 – Associated Banc was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
• 11/3/2026 – Associated Banc had its price target raised by Barclays from $35.00 to $37.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – Associated Banc had its price target raised by Piper Sandler from $34.00 to $35.00. They now have a “neutral” rating on the stock.
• 10/23/2026 – Associated Banc had its price target raised by Royal Bank Of Canada from $33.00 to $34.00. They now have a “sector perform” rating on the stock.
• 10/5/2026 – Associated Banc had its price target raised by Barclays from $34.00 to $35.00. They now have an “overweight” rating on the stock.
• 9/29/2026 – Associated Banc had its price target lowered by Wells Fargo & Company from $36.00 to $35.00. They now have an “overweight” rating on the stock.
• 9/21/2026 – Associated Banc had its “buy (b)” rating reaffirmed by Weiss Ratings.

Associated Banc Price Performance

ASB traded up $0.05 during midday trading on Wednesday, reaching $30.96. 802,354 shares of the company’s stock were exchanged, compared to its average volume of 2,160,905. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market capitalization of $5.75 billion, a PE ratio of 10.71, a P/E/G ratio of 1.15 and a beta of 0.80. The business’s 50-day moving average price is $29.70 and its 200 day moving average price is $28.80. Associated Banc-Corp has a 1-year low of $23.87 and a 1-year high of $32.46.

Associated Banc (NYSE:ASB) last issued its quarterly earnings data on Thursday, October 22nd. The bank reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.05. Associated Banc had a return on equity of 10.75% and a net margin of 19.87%. The firm had revenue of $468.51 million during the quarter, compared to the consensus estimate of $463.69 million. During the same period in the previous year, the firm posted $0.73 EPS. As a group, equities analysts anticipate that Associated Banc-Corp will post 2.99 EPS for the current fiscal year.

Associated Banc Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $1.00 annualized dividend and a dividend yield of 3.2%. This is an increase from Associated Banc’s previous quarterly dividend of $0.24. Associated Banc’s dividend payout ratio is 34.60%.

Insider Buying and Selling at Associated Banc

In related news, EVP Patrick Ahern sold 1,309 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $30.85, for a total transaction of $40,382.65. Following the transaction, the executive vice president owned 43,743 shares of the company’s stock, valued at approximately $1,349,471.55. This represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.71% of the stock is currently owned by corporate insiders.

Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. Its principal subsidiary, Associated Bank, provides banking and financial services to individuals, businesses, and organizations. The company offers consumer and commercial banking products, including deposit accounts, mortgage and other lending, business financing, and cash-management services. It also provides wealth management and related financial services. Associated Bank primarily serves customers in Wisconsin, Illinois, and Minnesota through its branches and other service channels.