Abacus Wealth Partners LLC Acquires Shares of 34,240 Associated Banc-Corp $ASB

Abacus Wealth Partners LLC acquired a new stake in Associated Banc-Corp (NYSE:ASB) in the 4th quarter, Holdings Channel reports. The fund acquired 34,240 shares of the bank’s stock, valued at approximately $882,000.

Other large investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its holdings in shares of Associated Banc by 46.8% in the third quarter. Smartleaf Asset Management LLC now owns 1,279 shares of the bank’s stock valued at $33,000 after buying an additional 408 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Associated Banc in the third quarter valued at about $34,000. EverSource Wealth Advisors LLC raised its holdings in shares of Associated Banc by 345.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock valued at $33,000 after buying an additional 1,047 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Associated Banc in the third quarter valued at about $39,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in shares of Associated Banc in the third quarter valued at about $51,000. Institutional investors and hedge funds own 82.98% of the company’s stock.

Associated Banc Trading Down 2.3%

Shares of Associated Banc stock opened at $27.18 on Friday. Associated Banc-Corp has a 12-month low of $22.40 and a 12-month high of $29.51. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.84. The stock has a market cap of $4.51 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 1.57 and a beta of 0.79. The company has a 50-day moving average of $26.59 and a two-hundred day moving average of $26.54.

Associated Banc (NYSE:ASB) last issued its earnings results on Thursday, April 23rd. The bank reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. Associated Banc had a net margin of 19.88% and a return on equity of 10.46%. The company had revenue of $387.21 million during the quarter, compared to analysts’ expectations of $384.20 million. During the same period last year, the company posted $0.59 earnings per share. On average, research analysts anticipate that Associated Banc-Corp will post 2.92 EPS for the current fiscal year.

Associated Banc declared that its Board of Directors has authorized a share buyback program on Tuesday, January 27th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the bank to purchase up to 2.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Associated Banc Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.24 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.96 dividend on an annualized basis and a yield of 3.5%. Associated Banc’s dividend payout ratio (DPR) is 33.33%.

Key Stories Impacting Associated Banc

Here are the key news stories impacting Associated Banc this week:

• Positive Sentiment: Zacks Research lifted its earnings estimates for several periods, including FY2026 to $2.92 EPS, FY2027 to $3.22 EPS, and FY2028 to $3.56 EPS, signaling improved profitability expectations for Associated Banc-Corp (NYSE: ASB).
• Positive Sentiment: The firm also raised near-term estimates for Q2 2026, Q3 2026, Q4 2026, Q2 2027, Q3 2027, and Q4 2027, indicating analysts see steadier earnings momentum ahead.
• Neutral Sentiment: Zacks Research maintained its Hold rating, which is supportive but not a strong bullish endorsement for the stock.
• Neutral Sentiment: The revisions were spread across multiple future quarters rather than tied to a major company announcement, so the market impact may be limited. Associated Banc-Corp Stock Quote

Insider Transactions at Associated Banc

In other Associated Banc news, Director John B. Williams sold 4,000 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $28.18, for a total value of $112,720.00. Following the completion of the transaction, the director directly owned 67,420 shares of the company’s stock, valued at approximately $1,899,895.60. This trade represents a 5.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Eileen A. Kamerick sold 6,600 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $28.02, for a total transaction of $184,932.00. Following the completion of the transaction, the director directly owned 49,264 shares of the company’s stock, valued at approximately $1,380,377.28. This trade represents a 11.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Truist Financial upped their target price on shares of Associated Banc from $27.00 to $30.00 and gave the company a “hold” rating in a report on Monday, April 27th. Raymond James Financial reaffirmed an “outperform” rating and issued a $31.00 target price on shares of Associated Banc in a report on Monday, April 27th. Stephens raised shares of Associated Banc from an “equal weight” rating to an “overweight” rating and reduced their target price for the company from $30.00 to $29.00 in a report on Friday, March 27th. Keefe, Bruyette & Woods increased their price target on shares of Associated Banc from $30.00 to $31.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Finally, Barclays raised shares of Associated Banc from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $30.00 to $33.00 in a report on Tuesday, April 7th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.30.

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.