Frankfurt - Delayed Quote • EUR Associated Banc-Corp (AB5.F) Follow Compare 23.40 -0.40 (-1.68%) At close: 8:01:07 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Associated Banc-Corp Reports Full Year 2024 Earnings of $0.72 Per Common Share, or $2.38 Per Common Share Excluding Nonrecurring Items Recognized During the Fourth Quarter(1) Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $112 million, or $0.72 per common share for the year ended December 31, 2024. These amounts compare to earnings of $171 million, or $1.13 per common share, for the year ended December 31, 2023. For the quarter ended December 31, 2024, the Company reported a loss of $164 million, or $1.03 per common share. These amounts compare to a loss of $94 million, or $0.62 per co Associated Banc-Corp (NYSE:ASB) shareholders notch a 8.9% CAGR over 5 years, yet earnings have been shrinking If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see... UMB Financial (UMBF) Earnings Expected to Grow: Should You Buy? UMB (UMBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Ahead of Associated Banc-Corp (ASB) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Associated Banc-Corp (ASB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024. Associated Banc-Corp (ASB) Reports Next Week: Wall Street Expects Earnings Growth Associated Banc-Corp (ASB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Associated Banc-Corp price target lowered to $26 from $28 at RBC Capital RBC Capital lowered the firm’s price target on Associated Banc-Corp (ASB) to $26 from $28 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q4 earnings for regional banks. Given the changes to the rate environment and economic outlook in recent months, combined with increased optimism surrounding the incoming U.S. administration, the focus will likely be more on 2025 outlooks, the analyst tells investors in a research note. RBC adds that while it is ex Strategic Expansion Plan Supports ASB, Poor Asset Quality a Woe Strategic expansion plan, balance sheet repositioning and constant rise in loans and deposits aid Associated Banc-Corp amid higher costs and weak asset quality. Associated Banc-Corp to Announce Fourth Quarter 2024 Earnings and Hold Conference Call on January 23, 2025 Associated Banc-Corp (NYSE: ASB) today announced it expects to release fourth quarter 2024 financial results on Thursday, January 23, 2025, after market close. The Company also expects to host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) on the same day. Associated Bank Welcomes Four Additional Relationship Managers to Support Ongoing Commercial Banking Expansion Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today announced the addition of four experienced relationship managers to the company's growing commercial banking team. The hiring of Stacy Quick, Kevin Kopaska, Mike Hauswirth and Scott Rothenbush is a continuation of Associated's multi-year strategic growth plan designed to bolster talent in key focus markets, expand commercial capabilities, and deepen relationships with new and existing clients. Associated Banc-Corp Decreases Prime Rate Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A., announced today it has decreased the bank's prime rate from 7.75% percent to 7.50% percent, effective December 19, 2024. 3 US Stocks That Investors May Be Undervaluing By Up To 47.2% As the U.S. stock market experiences a pullback from record highs, with major indices like the Dow Jones and Nasdaq showing signs of volatility, investors are keenly observing economic indicators that could influence future Federal Reserve decisions. In this fluctuating environment, identifying undervalued stocks becomes crucial for investors looking to capitalize on potential growth opportunities amidst broader market adjustments. Associated Bank Announces Steven Zandpour to Join Executive Leadership Team Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Steven Zandpour to its Executive Leadership Team (ELT), effective January 1, 2025. Associated Bank Welcomes Heath Sorenson as Executive Vice President and Managing Director, Associated Trust Company Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Heath Sorenson, MBA, CFP®, CFIRS™, CTOP, to executive vice president, managing director, Associated Trust Company. Effective February 1, 2025, Sorenson will become executive vice president, managing director and chief executive officer, Associated Trust Company and John Thayer, current chief executive officer and executive vice president of Associated Trust Company, will transition into the role of executive vice Associated Banc-Corp Announces Kristen Ludgate and Owen Sullivan Join Board of Directors Associated Banc-Corp (NYSE: ASB) ("Associated") announced the appointment of Kristen M. Ludgate and Owen J. Sullivan to its Board of Directors effective today. Associated Banc-Corp price target raised to $27 from $24 at Barclays Barclays raised the firm’s price target on Associated Banc-Corp (ASB) to $27 from $24 and keeps an Equal Weight rating on the shares. The firm says differences in fixed rate asset repricing dynamics are expected to drive net interest margin “winners and losers in what’s becoming a stock-picker’s market” into 2025 for the mid-cap banks. Barclays updated its price targets and estimates for the yield curve and its broader outlook. It is ahead of the Street on 2025 and 2026 earnings estimates and th Associated Banc-Corp Repositions Balance Sheet, to Incur a Loss in Q4 ASB's balance sheet repositioning is expected to enhance its long-term organic growth strategy while leading to a net loss in the fourth quarter of 2024. Associated Banc-Corp announces balance sheet repositioning to support organic growth strategy Associated Banc-Corp (NYSE: ASB) today announced balance sheet repositioning transactions to accelerate the Company's organic growth strategy. Pursuant to the terms of the transactions, Associated sold approximately $1.3 billion of investment securities and has agreed to sell approximately $0.7 billion in mortgage loans, primarily in single-product relationships. The sale of the mortgage loans is expected to close in the first quarter of 2025. It Might Not Be A Great Idea To Buy Associated Banc-Corp (NYSE:ASB) For Its Next Dividend It looks like Associated Banc-Corp ( NYSE:ASB ) is about to go ex-dividend in the next three days. The ex-dividend date... Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's Associated Banc-Corp ( NYSE:ASB ) has announced that it will be increasing its dividend from last year's comparable... Associated Banc-Corp announces pricing of common stock offering Associated Banc-Corp ("Associated") (NYSE: ASB) today announced the pricing of a public offering of 12,000,000 shares of its common stock, $0.01 par value (the "Common Stock"), at a public offering price of $25.00 per share, for aggregate gross proceeds of $300 million. Performance Overview Trailing total returns as of 1/23/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return AB5.F S&P 500 YTD +4.46% +3.59% 1-Year +25.97% +26.15% 3-Year +28.71% +39.13%