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Associated Banc-Corp

ASB · NYSE

Market closed$31.34$-0.430000 (-1.35%)After hours $31.95 · +1.95%

Key statistics

Previous close$31.77
Open$31.54
Day high$31.61
Day low$31.02
52-week high$31.83
52-week low$23.63
Market cap5.92B
Volume1.72M
Average volume2.06M
P/E ratio10.88
Forward P/E—
EPS2.88
Dividend yield+3.03%

Market context

Why it moved

Associated Banc-Corp (ASB) shares declined today as the stock's consensus analyst price target of $31.00 sits below the current trading price, suggesting limited upside and weighing on investor sentiment despite the company's recent earnings beat.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Associated Banc-Corp closed modestly lower on Friday, pulling back after hitting a fresh 52-week high of $31.51 the prior session, but is rebounding sharply in after-hours trade (+1.95%) following the bank's earnings announcement. With Q2 2026 results due July 23rd, analysts expect $0.72 EPS on $438M in revenue — building on Q1's beat of $0.70 EPS. Raymond James recently raised its price target to $35 (Outperform) and RBC lifted its target to $33, while the consensus average target sits near $33.11. The broader regional bank sector provided mixed context, as Independent Bank's Q2 miss weighed on sentiment, while peers like Citizens Financial and M&T Bank posted solid beats, and easing CPI/PPI data has fueled optimism that deposit cost pressures may be peaking for the industry.

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July 16, 2026Associated Banc-Corp surged to a new 52-week high, lifted by a favorable backdrop for regional banks as peers like Citizens Financial Group and M&T Bank beat Q2 earnings estimates, while broader bank sector sentiment improved following strong results from major Wall Street firms. With ASB's own Q2 2026 earnings due July 23 — analysts forecasting $0.72 EPS and $438M in revenue — investors appear to be pricing in continued momentum ahead of the report, aided by analyst price target upgrades from RBC ($33) and Raymond James ($35) earlier this month.

2.7158

July 16, 2026Associated Banc-Corp edged higher as the broader financial sector benefited from a favorable macro backdrop — a cooler-than-expected June CPI reading and strong Q2 earnings from major banks like Goldman Sachs, JPMorgan, and Bank of America lifted sentiment across regionals. ASB also announced operational milestones including a new industrial construction loan in Ohio and a private banking hire in Milwaukee, while analyst price targets were recently raised by both RBC (to $33) and Raymond James (to $35), reflecting growing confidence ahead of Q2 earnings season for regional banks.

0.7164

July 15, 2026Associated Banc-Corp closed essentially flat amid a broadly positive session for financials, as the sector benefited from a cooler-than-expected June CPI print (headline inflation falling to 3.5%) and strong Q2 earnings from Wall Street giants. Analyst consensus sits at a 'Moderate Buy' with a price target of $31.00—roughly in line with current levels—while a Seeking Alpha piece highlighted the relative value in ASB's subordinated notes (ASBA). Investors are also watching the broader regional bank earnings wave this week, with peers like Truist and Fifth Third reporting, as the iShares Regional Banks ETF has gained over 14% year-to-date.

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July 14, 2026Associated Banc-Corp edged higher, outperforming a cautious broader market as regional banking sentiment remained constructive ahead of a pivotal Q2 earnings season. Barclays raised its price target on ASB from $33 to $34 with an 'overweight' rating, adding to a generally positive analyst backdrop with a consensus 'Moderate Buy' and ~$31 target. The regional bank sector (KRE) has been hitting all-time highs recently, buoyed by rising net interest margins from elevated rates and solid loan demand, even as macro headwinds from renewed U.S.-Iran tensions and oil price spikes weighed on the broader market.

0.5556

July 10, 2026Associated Banc-Corp edged higher, supported by a fresh analyst upgrade from Truist Securities, which raised its price target on the stock from $30 to $32 while maintaining a Hold rating, alongside Barclays boosting its target to $34 with an Overweight rating. The Green Bay-based regional bank trades at a modest discount to its consensus target of $30.80 and carries a 3.2% dividend yield, drawing investor interest as the sector benefits from a higher-for-longer rate environment — with the Fed holding at 3.50%-3.75% and a potential hike eyed for late 2026. Q2 bank earnings season kicks off next week, adding a near-term catalyst.

0.691

July 10, 2026Associated Banc-Corp shares rose nearly 2% on the day, outperforming the broader financial sector as investor sentiment was buoyed by a Barclays analyst reaffirming a Buy rating and raising the price target to $34 (from $33), alongside the bank's strategic hire of a U.S. Bank AI leader to head a new artificial intelligence role. The stock is trading near its 52-week high of $31.50, supported by solid Q1 earnings momentum—EPS of $0.70 beat estimates—and regional banks broadly benefiting from record loan growth and constructive credit conditions heading into Q2 earnings season.

1.9115

July 8, 2026Associated Banc-Corp shares declined nearly 3% as a broad risk-off selloff swept financial stocks, triggered by President Trump declaring the U.S.-Iran interim peace agreement 'over,' sending oil prices surging over 5% and driving Treasury yields higher — headwinds for regional banks facing potential deposit cost pressures. The XLF financial sector ETF also pulled back sharply on the day, though it stabilized in after-hours trading. Adding to the cautious backdrop, UBS flagged that regional banks trading near 11x P/E face limited valuation expansion ahead of Q2 earnings, while Raymond James recently raised its ASB price target to $35 with an 'outperform' rating, underscoring split analyst sentiment around the stock.

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MarketBeat · July 18, 2026Financiere des Professionnels Fonds d investissement inc. Buys New Stake in Associated Banc-Corp $ASBwww.marketscreener.com · July 15, 2026Associated Bank completes loan for industrial distribution facility in Columbus, Ohio suburbThe Business Journals · July 6, 2026Associated Bank hires its first AI leader from U.S. BankMoomoo · July 3, 2026RBC Capital Maintains Associated Banc(ASB.US) With Hold Rating, Raises Target Price to $33PR Newswire · June 30, 2026Associated Bank Hires Andy Miner as senior director, AI for Corporate & Commercial BankingStock Titan · June 23, 2026Associated Banc-Corp schedules Q2 results, call for July 23Stock Titan · May 21, 2026Two wealth leaders with 30+ years join Associated Bank MinneapolisPR Newswire · December 1, 2025Associated Banc-Corp to accelerate growth strategy with acquisition of American National Corporation
Benzinga · July 10, 2026Truist Securities Maintains Hold on Associated Banc, Raises Price Target to $32
Benzinga · July 7, 2026Barclays Maintains Overweight on Associated Banc, Raises Price Target to $34
Benzinga · July 1, 2026Raymond James Maintains Outperform on Associated Banc, Raises Price Target to $35
Mt Newswire · July 1, 2026RBC Adjusts Price Target on Associated Banc-Corp to $33 From $30, Maintains Sector Perform Rating
Mt Newswire · July 1, 2026Raymond James Adjusts Price Target on Associated Banc-Corp to $35 From $31, Maintains Outperform Rating
Benzinga · June 2, 2026Associated Banc-Corp Files Prospectus Related To Proposed Resale From Time To Time Of Up To 22.5M Co's Shares By Selling Shareholders
Mt Newswire · May 27, 2026Associated Banc-Corp Insider Sold Shares Worth $404,090, According to a Recent SEC Filing
Benzinga · April 28, 2026Associated Banc-Corp Announces $100M Buyback Plan

Peers

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