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How to buy Associated Banc-Corp stock | $17.05

Own Associated Banc-Corp stock in just a few minutes.

Fact checked

Associated Banc-Corp is a banks-regional business based in the US. Associated Banc-Corp shares (ASB) are listed on the NYSE and all prices are listed in US Dollars. Associated Banc-Corp employs 4,568 staff and has a trailing 12-month revenue of around USD$1.2 billion.

How to buy shares in Associated Banc-Corp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Associated Banc-Corp. Find the stock by name or ticker symbol: ASB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Associated Banc-Corp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$17.05, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Associated Banc-Corp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Associated Banc-Corp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Associated Banc-Corp share price

Use our graph to track the performance of ASB stocks over time.

Associated Banc-Corp shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$17.05
52-week rangeUSD$9.8632 - USD$21.1604
50-day moving average USD$16.0856
200-day moving average USD$14.1414
Wall St. target priceUSD$16.78
PE ratio 9.0302
Dividend yield USD$0.72 (4.23%)
Earnings per share (TTM) USD$1.887

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Associated Banc-Corp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Associated Banc-Corp price performance over time

Historical closes compared with the close of $17.05 from 2020-12-31

1 week (2021-01-15) -15.22%
1 month (2020-12-23) -0.18%
3 months (2020-10-22) 19.73%
6 months (2020-07-22) 28.10%
1 year (2020-01-22) -18.89%
2 years (2019-01-22) -20.51%
3 years (2018-01-22) 26.05
5 years (2016-01-22) 5.05%

Is Associated Banc-Corp under- or over-valued?

Valuing Associated Banc-Corp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Associated Banc-Corp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Associated Banc-Corp's P/E ratio

Associated Banc-Corp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Associated Banc-Corp shares trade at around 9x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Associated Banc-Corp's PEG ratio

Associated Banc-Corp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.27. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Associated Banc-Corp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Associated Banc-Corp financials

Revenue TTM USD$1.2 billion
Operating margin TTM 38.07%
Gross profit TTM USD$1.2 billion
Return on assets TTM 0.93%
Return on equity TTM 7.83%
Profit margin 26.94%
Book value $24.422
Market capitalisation USD$2.6 billion

TTM: trailing 12 months

Shorting Associated Banc-Corp shares

There are currently 2.1 million Associated Banc-Corp shares held short by investors – that's known as Associated Banc-Corp's "short interest". This figure is 25.8% down from 2.8 million last month.

There are a few different ways that this level of interest in shorting Associated Banc-Corp shares can be evaluated.

Associated Banc-Corp's "short interest ratio" (SIR)

Associated Banc-Corp's "short interest ratio" (SIR) is the quantity of Associated Banc-Corp shares currently shorted divided by the average quantity of Associated Banc-Corp shares traded daily (recently around 1.0 million). Associated Banc-Corp's SIR currently stands at 2.06. In other words for every 100,000 Associated Banc-Corp shares traded daily on the market, roughly 2060 shares are currently held short.

However Associated Banc-Corp's short interest can also be evaluated against the total number of Associated Banc-Corp shares, or, against the total number of tradable Associated Banc-Corp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Associated Banc-Corp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Associated Banc-Corp shares in existence, roughly 10 shares are currently held short) or 0.014% of the tradable shares (for every 100,000 tradable Associated Banc-Corp shares, roughly 14 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Associated Banc-Corp.

Find out more about how you can short Associated Banc-Corp stock.

Associated Banc-Corp share dividends

59%

Dividend payout ratio: 58.54% of net profits

Recently Associated Banc-Corp has paid out, on average, around 58.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Associated Banc-Corp shareholders could enjoy a 4.23% return on their shares, in the form of dividend payments. In Associated Banc-Corp's case, that would currently equate to about $0.72 per share.

Associated Banc-Corp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Associated Banc-Corp's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2020 (the "ex-dividend date").

Have Associated Banc-Corp's shares ever split?

Associated Banc-Corp's shares were split on a 3:2 basis on 13 May 2004. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Associated Banc-Corp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Associated Banc-Corp shares which in turn could have impacted Associated Banc-Corp's share price.

Associated Banc-Corp share price volatility

Over the last 12 months, Associated Banc-Corp's shares have ranged in value from as little as $9.8632 up to $21.1604. A popular way to gauge a stock's volatility is its "beta".

ASB.US volatility(beta: 1.22)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Associated Banc-Corp's is 1.2168. This would suggest that Associated Banc-Corp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Associated Banc-Corp overview

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.

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