Associated Banc-Corp with ticker code (ASB) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 28 and 19 calculating the mean target price we have $23.56. Now with the previous closing price of $17.93 this would indicate that there is a potential upside of 31.4%. It’s also worth noting that there is a 50 day moving average of $21.63 and the 200 day moving average is $21.51. The total market capitalization for the company now stands at $2,713m. Find out more information at: https://www.associatedbank.com
The potential market cap would be $3,564m based on the market consensus.
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services such as interest rate risk management, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company’s Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
The company has a dividend yield of 4.67% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 7.68, revenue per share of 8.03 and a 0.98% return on assets.
