Latest news with #AssociatedBanc-Corp
Yahoo
a day ago
- Business
- Yahoo
Why Associated Banc-Corp (ASB) is a Top Value Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. Associated Banc-Corp – founded in 1964 – is headquartered in Green Bay, WI. This bank holding company, through its subsidiaries Associated Bank, National Association and various non-banking subsidiaries, provides an array of banking and non-banking products and services. ASB is a Zacks Rank #2 (Buy) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 10.2X for the current fiscal year compared to the Banks - Midwest industry's P/E 10.7X. Additionally, ASB has a PEG Ratio of 1.1 and a Price/Cash Flow ratio of 7.7X. Value investors should also note ASB's Price/Sales ratio of 1.8X. Many value investors pay close attention to a company's earnings as well. For ASB, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $2.5 per share for 2025. ASB boasts an average earnings surprise of 4.2%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding ASB to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Associated Banc-Corp (ASB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Insider
03-07-2025
- Business
- Business Insider
RBC Capital Keeps Their Hold Rating on Associated Banc-Corp (ASB)
In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Hold rating on Associated Banc-Corp, with a price target of $26.00. The company's shares closed yesterday at $25.62. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Arfstrom is a 5-star analyst with an average return of 12.3% and a 57.06% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Huntington Bancshares, American Express, and Cadence Bank. Associated Banc-Corp has an analyst consensus of Hold, with a price target consensus of $26.13. ASB market cap is currently $4.16B and has a P/E ratio of 29.46. Based on the recent corporate insider activity of 240 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ASB in relation to earlier this year. Most recently, in May 2025, Andrew J Harmening, the President & CEO of ASB bought 12,910.00 shares for a total of $300,157.50.
Yahoo
29-05-2025
- Business
- Yahoo
Why It Might Not Make Sense To Buy Associated Banc-Corp (NYSE:ASB) For Its Upcoming Dividend
Associated Banc-Corp (NYSE:ASB) is about to trade ex-dividend in the next three days. The ex-dividend date occurs one day before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase Associated Banc-Corp's shares before the 2nd of June to receive the dividend, which will be paid on the 16th of June. The company's next dividend payment will be US$0.23 per share, on the back of last year when the company paid a total of US$0.92 to shareholders. Based on the last year's worth of payments, Associated Banc-Corp stock has a trailing yield of around 4.0% on the current share price of US$23.12. If you buy this business for its dividend, you should have an idea of whether Associated Banc-Corp's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Associated Banc-Corp paid out 107% of its earnings, which is more than we're comfortable with, unless there are mitigating circumstances. When a company pays out a dividend that is not well covered by profits, the dividend is generally seen as more vulnerable to being cut. Check out our latest analysis for Associated Banc-Corp Click here to see the company's payout ratio, plus analyst estimates of its future dividends. When earnings decline, dividend companies become much harder to analyse and own safely. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. Readers will understand then, why we're concerned to see Associated Banc-Corp's earnings per share have dropped 16% a year over the past five years. Such a sharp decline casts doubt on the future sustainability of the dividend. We'd also point out that Associated Banc-Corp issued a meaningful number of new shares in the past year. It's hard to grow dividends per share when a company keeps creating new shares. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Associated Banc-Corp has delivered an average of 9.8% per year annual increase in its dividend, based on the past 10 years of dividend payments. The only way to pay higher dividends when earnings are shrinking is either to pay out a larger percentage of profits, spend cash from the balance sheet, or borrow the money. Associated Banc-Corp is already paying out a high percentage of its income, so without earnings growth, we're doubtful of whether this dividend will grow much in the future. Has Associated Banc-Corp got what it takes to maintain its dividend payments? Earnings per share are in decline and Associated Banc-Corp is paying out what we feel is an uncomfortably high percentage of its profit as dividends. Generally we think dividend investors should avoid businesses in this situation, as high payout ratios and declining earnings can lead to the dividend being cut. This is not an overtly appealing combination of characteristics, and we're just not that interested in this company's dividend. Having said that, if you're looking at this stock without much concern for the dividend, you should still be familiar of the risks involved with Associated Banc-Corp. In terms of investment risks, we've identified 1 warning sign with Associated Banc-Corp and understanding them should be part of your investment process. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17-05-2025
- Business
- Yahoo
Why Associated Banc-Corp (ASB) is a Top Dividend Stock for Your Portfolio
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Associated Banc-Corp (ASB) is headquartered in Green Bay, and is in the Finance sector. The stock has seen a price change of 1.76% since the start of the year. The bank holding company is currently shelling out a dividend of $0.23 per share, with a dividend yield of 3.78%. This compares to the Banks - Midwest industry's yield of 3.14% and the S&P 500's yield of 1.55%. Taking a look at the company's dividend growth, its current annualized dividend of $0.92 is up 3.4% from last year. Over the last 5 years, Associated Banc-Corp has increased its dividend 4 times on a year-over-year basis for an average annual increase of 5.65%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Associated Banc-Corp's payout ratio is 41%, which means it paid out 41% of its trailing 12-month EPS as dividend. Looking at this fiscal year, ASB expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $2.48 per share, which represents a year-over-year growth rate of 4.20%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ASB is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Associated Banc-Corp (ASB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
24-04-2025
- Business
- Yahoo
Associated Banc-Corp: Q1 Earnings Snapshot
GREEN BAY, Wis. (AP) — GREEN BAY, Wis. (AP) — Associated Banc-Corp (ASB) on Thursday reported first-quarter earnings of $101.7 million. The Green Bay, Wisconsin-based bank said it had earnings of 59 cents per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. The bank holding company posted revenue of $584.7 million in the period. Its revenue net of interest expense was $349 million, missing Street forecasts. Three analysts surveyed by Zacks expected $350.7 million. Associated Banc-Corp shares have declined nearly 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.02, an increase of 3% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ASB at Sign in to access your portfolio
