Associated Banc-Corp $ASB Shares Purchased by First Trust Advisors LP

First Trust Advisors LP grew its holdings in shares of Associated Banc-Corp (NYSE:ASB) by 127.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 5,971,227 shares of the bank’s stock after acquiring an additional 3,347,699 shares during the quarter. First Trust Advisors LP’s holdings in Associated Banc were worth $154,416,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in shares of Associated Banc by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 9,811,228 shares of the bank’s stock valued at $253,709,000 after purchasing an additional 170,080 shares during the period. Parallel Advisors LLC grew its position in Associated Banc by 27.7% in the 1st quarter. Parallel Advisors LLC now owns 3,305 shares of the bank’s stock valued at $85,000 after buying an additional 717 shares in the last quarter. SEB Asset Management AB acquired a new position in Associated Banc during the 1st quarter valued at about $2,744,000. Swiss National Bank increased its stake in Associated Banc by 0.5% during the 1st quarter. Swiss National Bank now owns 328,440 shares of the bank’s stock valued at $8,493,000 after buying an additional 1,500 shares during the period. Finally, Crescent Grove Advisors LLC raised its position in shares of Associated Banc by 14.0% during the 1st quarter. Crescent Grove Advisors LLC now owns 162,344 shares of the bank’s stock worth $4,198,000 after buying an additional 19,949 shares in the last quarter. Institutional investors own 82.98% of the company’s stock.

Key Associated Banc News

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

• Positive Sentiment: Associated Banc-Corp reported adjusted Q2 earnings of $0.73 per share, topping the $0.72 consensus estimate, while revenue of $450.44 million also came in above forecasts. The results were supported by sustained organic growth and ongoing integration benefits from American National Corporation. Associated Banc-Corp Reports Second Quarter 2026 Earnings
• Positive Sentiment: The company’s year-over-year earnings improved from $0.65 per share, showing continued profit growth and suggesting the bank is still expanding earnings power. Associated Banc-Corp (ASB) Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Conference-call coverage and earnings snapshots largely reinforce the same message: the quarter was better than expected, but the market is still assessing how much of the outperformance is sustainable going forward. Transcript: Associated Banc Q2 2026 Earnings Conference Call
• Neutral Sentiment: Reported net margin of 19.88% and return on equity of 10.46% indicate a stable quarter, but not one that dramatically changes the investment thesis. Associated Banc Stock

Insider Activity

In other Associated Banc news, EVP Dennis Deloye sold 14,299 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $28.26, for a total transaction of $404,089.74. Following the completion of the transaction, the executive vice president owned 21,385 shares of the company’s stock, valued at $604,340.10. The trade was a 40.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John B. Williams sold 4,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $28.18, for a total transaction of $112,720.00. Following the sale, the director owned 67,420 shares of the company’s stock, valued at $1,899,895.60. This trade represents a 5.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 28,299 shares of company stock worth $801,760. 0.71% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ASB. Zacks Research lowered shares of Associated Banc from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Wells Fargo & Company upped their price target on Associated Banc from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, March 30th. Stephens raised Associated Banc from an “equal weight” rating to an “overweight” rating and reduced their price objective for the stock from $30.00 to $29.00 in a research note on Friday, March 27th. Robert W. Baird lifted their target price on Associated Banc from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Associated Banc in a research report on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.00.

Associated Banc Price Performance

Shares of NYSE:ASB opened at $30.28 on Friday. The company’s fifty day moving average is $29.38 and its two-hundred day moving average is $27.79. The company has a market cap of $5.71 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. Associated Banc-Corp has a 12-month low of $23.63 and a 12-month high of $31.83. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.84.

Associated Banc (NYSE:ASB) last issued its earnings results on Thursday, July 23rd. The bank reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. Associated Banc had a return on equity of 10.46% and a net margin of 19.88%.The company had revenue of $450.44 million for the quarter, compared to the consensus estimate of $438.01 million. During the same quarter in the prior year, the company earned $0.65 EPS. Equities analysts expect that Associated Banc-Corp will post 2.91 earnings per share for the current fiscal year.

Associated Banc Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, June 1st. Associated Banc’s dividend payout ratio (DPR) is 33.33%.

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.