NYSE: ASB

Associated Banc-Corp (ASB) Stock Analysis & Forecast

Sep 28 close

$28.96−0.41 (−1.4%)

Gekko Brief

AI summary

Associated Banc-Corp draws attention this week for a mix of company and governance news rather than results. One piece highlights the stock's dividend profile, while another reports that Randall J. Erickson, Executive Vice President and General Counsel, will retire from his current roles on 13 October 2026, transitioning to an Attorney-Advisor role through early January 2027. A separate item notes that HEI has begun monetizing part of its stake in American Savings Bank as part of that entity's initial public offering.

Shares close at $28.96, down 1.4%, sitting between the 50-day average of $30.67 and the 200-day average of $28.35, a mixed trend picture. The GekkoIndex reads 66.1, placing ASB in the Accumulation zone, while price stands 10% below the Gekko Fair Value estimate of $32.19.

Over the next 20 trading days, the calendar centers on the 22 October 2026 earnings report, 23 days out, which falls inside a typical holding window and follows a last-quarter beat of $0.80 versus a $0.69 estimate with a -3.2% reaction. No insider, congressional or unusual options activity appears in the current window. Seasonal patterns over five years show an average 3.7% move across this stretch, positive in 3 of those years. Analyst coverage from 8 firms includes 3 buy and 5 hold ratings, with a consensus target of $34.40 and consensus upside of 18.8%.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Associated Banc-Corp price vs fair value

$32.19$28.96Sep ’25Mar ’26Sep ’26
Close $28.96200-day averageGekko Fair Value $32.19

Associated Banc-Corp quick facts

Market cap
$5.47B
P/E ratio
10.2
Forward P/E
9.2
EPS, TTM
$2.86
Revenue, TTM
$1.56B
Profit margin
32.5%
Dividend yield
3.31%
Beta
0.77
Volume
1.56M avg 2.11M
1-year return
+12.3%
Typical daily move
±1.9%
Typical 20-day move
±5.4%
50-day average
$30.67
200-day average
$28.35
Next earnings
Oct 22 after close
Shares outstanding
188.9M
52-week range
$23.86$32.46

Associated Banc-Corp swing-trade checklist

Associated Banc-Corp scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $28.96 sits between the 50-day ($30.67) and 200-day ($28.35) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.1, Accumulation

    Reading 66.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    10.0% below

    Price is 10% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 23 days

    Reports on Oct 22, 2026, 23 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.7% on average

    From this point in the calendar, the next 20 trading days averaged +3.7% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Associated Banc-Corp stock chart and price history

Associated Banc-Corp closed at $28.96 on Sep 28, 2026, +12.3% over the past year, inside a 52-week range of $23.86 to $32.46.

Close50-day average200-day averageVolume
Associated Banc-Corp share price, past year, with 50-day and 200-day moving averages and volume$24$26$28$30$32NovDecJan 2026FebMarAprMayJunJulAugSep28.96

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.0%
3 months
−6.6%
6 months
+16.4%
1 year
+12.3%
The full ASB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ASB in Gekko

Follow Associated Banc-Corp through every session

Put ASB on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track ASB in GekkoFree for 7 days. No credit card required.

About Associated Banc-Corp

Associated Banc-Corp operates as a bank holding company, offering a wide range of banking and related financial services to individuals and businesses across Wisconsin, Illinois, Missouri, and Minnesota. Its offerings span commercial and residential lending, including commercial real estate financing, construction loans, equipment finance, home mortgages, auto loans, and business credit lines.

Beyond lending, the company provides deposit and cash management tools such as commercial checking, cash vault services, and payment processing, alongside specialized offerings like interest rate risk management and foreign exchange services. It also handles fiduciary functions, including benefit plan administration and institutional asset management, plus investment products such as money market accounts, CDs, annuities, and brokerage services. Everyday banking needs are met through checking accounts, debit and credit cards, online banking, and money transfers. The company additionally maintains loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas, extending its lending reach beyond its core markets.

Founded in 1861, Associated Banc-Corp is headquartered in Green Bay, Wisconsin. Its shares are listed on the NYSE under the ticker ASB.

Listed
NYSE
Sector
Finance
Industry
Major banks
Website
associatedbank.com

Associated Banc-Corp GekkoIndex: the smart money zone

Associated Banc-Corp’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.1, in the Accumulation zone, down 3.3 points over five sessions.

010066.1Accumulation

Down 3.3 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying23+1.7%+4.0%+5.8%+9.0%
Accumulation (current zone)194+0.9%+1.6%+4.0%+7.1%
Neutral416+0.2%+0.4%+0.5%+2.4%
Distribution33−2.2%−2.6%−4.0%−3.7%
Selling6Too few readings yet

Average ASB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the ASB price, zone by zone.Track ASB in Gekko

Is Associated Banc-Corp stock overvalued? Gekko Fair Value

Associated Banc-Corp trades 10.0% below Gekko Fair Value of $32.19, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Associated Banc-Corp shares are worth, recalculated every trading day.

$32.19

Gekko Fair Value, Sep 26, 2026

10.0% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ASB in Gekko

Associated Banc-Corp insider and Congress trading

No open-market insider purchases were filed for Associated Banc-Corp, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ASB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ASB insider filing, plotted on the chart in Gekko.Open ASB in Gekko

Congress trades last 90 days

No trades in ASB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ASB, plotted on the chart in Gekko.Open ASB in Gekko

Buybacks

Associated Banc-Corp has been buying back its own shares.

Latest authorization
$100.0M, Apr 28, 2026
Bought back, quarter ended Jun 30, 2026
$653K
As a share of market cap
0.01%
Trailing four quarters
$33.06M

From company filings.

Hedge funds and billionaires quarter ended Mar 31

0of the funds Gekko tracks hold ASB.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Associated Banc-Corp earnings: next date and track record

Associated Banc-Corp reports on Oct 22, 2026, after the close (23 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±2.3%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+1.1%Apr ’24+3.5%Jul ’24+2.0%Oct ’24−1.6%Jan ’25+4.3%Apr ’25−1.2%Jul ’25+1.5%Oct ’25−3.2%Jan ’26
ReportedEPSSurpriseRevenueSurpriseMove
Jan 22, 2026$0.80
est $0.69
+15.9%$389.4M
est $382.4M
+1.8%−3.2%
Oct 23, 2025$0.73
est $0.68
+7.8%$384.8M
est $377.4M
+2.0%+1.5%
Jul 24, 2025$0.65
est $0.62
+4.8%$349.0M
est $370.3M
−5.8%−1.2%
Apr 24, 2025$0.59
est $0.58
+2.3%$342.1M
est $347.8M
−1.6%+4.3%
Jan 23, 2025$0.57
est $0.53
+7.5%$320.0M
est $351.5M
−9.0%−1.6%
Oct 24, 2024$0.56
est $0.50
+12.0%$327.0M
est $333.0M
−1.8%+2.0%
Jul 25, 2024$0.52
est $0.52
0.0%$320.0M
est $330.9M
−3.3%+3.5%
Apr 25, 2024$0.52
est $0.49
+6.1%$320.9M
est $325.0M
−1.3%+1.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Associated Banc-Corp stock forecast and analyst price targets

Analysts’ average 12-month price target for Associated Banc-Corp is $34.40, +18.8% from the last close, from 8 firms rating the stock in the last 90 days.

$34.40consensus 12-month target, +18.8% from the last close
Low $33High $36
Buy3
Hold5
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 16BarclaysBuy, maintained$34+17.4%
Aug 26Piper SandlerHold, initiated$34+17.4%
Aug 10Wells FargoBuy, reiterated$36+24.3%
Aug 4Truist FinancialHold, maintained$33+14.0%
Jul 28Bank of America SecuritiesHold, reiterated$36+24.3%
+4.0%average 20-day move after past Accumulation readings
+3.7%average move over the next 20 trading days in the last 5 years
±1.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Associated Banc-Corp seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Associated Banc-Corp averaged +3.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+1.5%2021+18.4%2022−6.1%2023+10.4%2024−2.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.6%3 of 5
Next 10 trading days+0.3%2 of 5
Next 15 trading days+0.9%3 of 5
Next 20 trading days+3.7%3 of 5
Next 30 trading days+11.6%3 of 5

For scale, ASB’s typical 20-trading-day move in either direction is about 5.4%.

Associated Banc-Corp market cap and key statistics

Associated Banc-Corp’s market cap is $5.47B, with a P/E ratio of 10.2 and revenue of $1.56B over the last twelve months.

Valuation

Market cap
$5.47B
P/E ratio
10.2
Forward P/E
9.2
EPS, TTM
$2.86
Gekko Fair Value
$32.19

Trading

Volume
1.56M
Avg volume, 20 days
2.11M
52-week high
$32.46
52-week low
$23.86
Shares outstanding
188.9M

Financials

Revenue, TTM
$1.56B
Profit margin
32.5%
Return on equity
9.7%
Quarterly earnings growth, YoY
−3.1%

Risk and income

Beta
0.77
Typical daily move
±1.9%
Typical 20-day move
±5.4%
Dividend yield
3.31%

Associated Banc-Corp stock news this week

3 headlines about Associated Banc-Corp from the past week, newest first, each linking to the publisher.

Associated Banc-Corp peers

Associated Banc-Corp’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
JPMJP Morgan Chase−1.5%Accumulation6.9% below
BACBank of America−1.7%Buying13.8% below
RYRoyal Bank Of Canada−0.3%Accumulation3.6% below
WFCWells Fargo−2.3%Accumulation12.4% below
CCitigroup−1.7%Neutral7.8% below
TDToronto Dominion Bank−0.8%Accumulation0.8% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Associated Banc-Corp stock FAQ

What is Associated Banc-Corp’s market cap?

Associated Banc-Corp’s market cap is $5.47B at the Sep 28, 2026 close of $28.96, with 188.9M shares outstanding. The shares trade on a P/E ratio of 10.2.

What is the Associated Banc-Corp stock forecast?

The consensus analyst 12-month price target for Associated Banc-Corp is $34.40, +18.8% from the last close. Of the 8 firms that rated the stock in the last 90 days, 3 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Associated Banc-Corp stock overvalued or undervalued?

On Gekko’s estimate Associated Banc-Corp is undervalued: the Sep 28, 2026 close of $28.96 is 10.0% below Gekko Fair Value of $32.19. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Associated Banc-Corp report earnings next?

Associated Banc-Corp is expected to report on Oct 22, 2026, after the market closes (23 days away). Analysts expect earnings of $0.77 per share on revenue of $463.4M. Associated Banc-Corp beat the earnings estimate in 7 of its last 8 reports, moving 2.3% on average across the report.

What is Associated Banc-Corp’s 52-week high and low?

Associated Banc-Corp’s 52-week high is $32.46 and its 52-week low is $23.86; it closed at $28.96 on Sep 28, 2026, +12.3% over the past year.

Is Associated Banc-Corp stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Associated Banc-Corp the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,380 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.