Investment Analysts’ Recent Ratings Changes for Associated Banc (ASB)
by Teresa Graham · The Cerbat GemA number of firms have modified their ratings and price targets on shares of Associated Banc (NYSE: ASB) recently:
- 5/2/2026 – Associated Banc was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/27/2026 – Associated Banc had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $31.00 price target on the stock.
- 4/27/2026 – Associated Banc had its price target raised by Truist Financial Corporation from $27.00 to $30.00. They now have a “hold” rating on the stock.
- 4/24/2026 – Associated Banc had its price target raised by Piper Sandler from $29.00 to $30.00. They now have a “neutral” rating on the stock.
- 4/24/2026 – Associated Banc had its price target raised by Keefe, Bruyette & Woods from $30.00 to $31.00. They now have a “market perform” rating on the stock.
- 4/24/2026 – Associated Banc had its price target raised by Robert W. Baird from $29.00 to $30.00. They now have a “neutral” rating on the stock.
- 4/11/2026 – Associated Banc was upgraded by Wall Street Zen from “hold” to “buy”.
- 4/7/2026 – Associated Banc was upgraded by Barclays PLC from “equal weight” to “overweight”. They now have a $33.00 price target on the stock, up from $30.00.
- 4/6/2026 – Associated Banc was downgraded by Zacks Research from “strong-buy” to “hold”.
- 3/30/2026 – Associated Banc had its price target raised by Wells Fargo & Company from $30.00 to $31.00. They now have an “overweight” rating on the stock.
- 3/28/2026 – Associated Banc was downgraded by Wall Street Zen from “buy” to “hold”.
- 3/27/2026 – Associated Banc was upgraded by Stephens from “equal weight” to “overweight”. They now have a $29.00 price target on the stock, down from $30.00.
- 3/23/2026 – Associated Banc had its price target lowered by Truist Financial Corporation from $30.00 to $27.00. They now have a “hold” rating on the stock.
Associated Banc Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.96 annualized dividend and a dividend yield of 3.5%. Associated Banc’s dividend payout ratio (DPR) is presently 33.33%.
Insider Activity at Associated Banc
In other news, Director John B. Williams sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $28.18, for a total transaction of $112,720.00. Following the completion of the sale, the director owned 67,420 shares of the company’s stock, valued at approximately $1,899,895.60. This trade represents a 5.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Eileen A. Kamerick sold 6,600 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $28.02, for a total transaction of $184,932.00. Following the sale, the director directly owned 49,264 shares of the company’s stock, valued at approximately $1,380,377.28. The trade was a 11.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.71% of the company’s stock.
Associated Banc-Corp, through its primary subsidiary Associated Bank, N.A., is a regional financial services company headquartered in Green Bay, Wisconsin. The bank operates more than 200 branches across the Midwest, offering community-focused banking solutions for individuals, small businesses and commercial clients. Its emphasis on personalized service and regional decision-making supports long-standing customer relationships.
On the consumer side, Associated Bank provides checking and savings accounts, residential mortgages, home equity lines of credit, auto financing and credit card products.