Associated Banc-Corp with ticker code (ASB) now have 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 28 and 21 suggesting an average Analsyt target price of $24.44. Now with the previous closing price of $19.54 and the analysts are correct then there would likely be a percentage uptick in value of 25.1%. The 50 day MA is $22.60 and the 200 day MA is $21.61. The company has a market capitalization of $2,948m. Visit the company website at: https://www.associatedbank.com
The potential market cap would be $3,687m 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 solutionsluding 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 4.3% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 8.35, revenue per share of 8.03 and a 0.98% return on assets.
