ASB:NYE-Associated Banc-Corp (USD)

COMMON STOCK | Banks-Regional | NYE

Last Closing Price

USD 20.11


0.00 (0.00)%

Market Cap

USD 3.09B



Average Target Price

USD 16.00 (-20.44%)
Average Analyst Rating


Fundamental Analysis



Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. Its Corporate and Commercial Specialty segment offers 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; and 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. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, as well as full-service, discount, and online investment brokerage; investment advisory services; trust and investment management accounts; and insurance and other related products and services. This segment also engages in the administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services. Its Risk Management and Shared Services segment provides corporate risk management, credit administration, finance, treasury, operations, and technology services. As of December 31, 2019, the company operated 248 banking branches serving over 120 communities. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Relative Returns (From:    To: 2021-01-17 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HDB HDFC Bank Limited


USD110.52B 144.70 N/A
USB-PH U.S. Bancorp


USD100.12B 8.05 N/A
USB-PP U.S. Bancorp


USD85.87B 9.06 N/A
USB-PO U.S. Bancorp


USD81.31B 8.27 N/A
USB-PM U.S. Bancorp


USD79.67B 8.74 N/A
USB U.S. Bancorp


USD72.91B 16.02 N/A
PNC The PNC Financial Services Gro..


USD65.58B 9.31 N/A
PNC-PQ The PNC Financial Services Gro..


USD58.78B 2.14 N/A
ITUB Itaú Unibanco Holding S.A


USD55.77B 9.31 N/A
IBN ICICI Bank Limited


USD51.29B 43.02 N/A

ETFs Containing ASB

Symbol Name Weight Mer Price(Change) Market Cap


Market Performance

  Market Performance vs.
Industry/Classification (Banks-Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Capital Gain 17.95% 95% A 92% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.95% 95% A 92% A-
Trailing 12 Months  
Capital Gain -4.78% 43% F 35% F
Dividend Return 3.41% 54% F 63% D
Total Return -1.37% 42% F 35% F
Trailing 5 Years  
Capital Gain 21.22% 34% F 45% F
Dividend Return 17.96% 52% F 54% F
Total Return 39.18% 40% F 41% F
Average Annual (5 Year Horizon)  
Capital Gain -3.28% 31% F 27% F
Dividend Return 2.68% 77% C+ 63% D
Total Return -0.61% 35% F 27% F
Risk Return Profile  
Volatility (Standard Deviation) 25.12% 40% F 30% F
Risk Adjusted Return -2.42% 37% F 29% F
Market Capitalization 3.09B 36% F 68% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.66 62% D- 76% C
Price/Book Ratio 0.71 85% B 87% B+
Price / Cash Flow Ratio 5.38 72% C- 60% D-
Management Effectiveness  
Return on Equity 7.83% 51% F 59% F
Return on Invested Capital 9.99% 81% B- 71% C-
Return on Assets 0.93% 68% D+ 34% F
Debt to Equity Ratio 14.01% 86% B 84% B
Technical Ratios  
Short Ratio 2.37 69% D+ 44% F
Short Percent 1.61% 74% C 74% C
Beta 1.22 64% D 39% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector