Weekly Research Analysts’ Ratings Changes for Associated Banc (ASB)

by · The Cerbat Gem

A number of firms have modified their ratings and price targets on shares of Associated Banc (NYSE: ASB) recently:

  • 12/29/2025 – Associated Banc had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
  • 12/22/2025 – Associated Banc had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
  • 12/22/2025 – Associated Banc had its price target raised by analysts at Truist Financial Corporation from $27.00 to $29.00. They now have a “hold” rating on the stock.
  • 12/20/2025 – Associated Banc was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
  • 12/15/2025 – Associated Banc had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
  • 12/8/2025 – Associated Banc had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
  • 12/2/2025 – Associated Banc had its “buy” rating reaffirmed by analysts at UBS Group AG. They now have a $28.00 price target on the stock.
  • 12/2/2025 – Associated Banc had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 11/11/2025 – Associated Banc had its price target lowered by analysts at Barclays PLC from $32.00 to $30.00. They now have an “equal weight” rating on the stock.

Associated Banc Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a $0.24 dividend. This is a boost from Associated Banc’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, December 1st. This represents a $0.96 annualized dividend and a yield of 3.7%. Associated Banc’s payout ratio is 102.13%.

Insider Buying and Selling at Associated Banc

In related news, EVP Patrick Edward Ahern sold 30,489 shares of the business’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $25.70, for a total transaction of $783,567.30. Following the completion of the transaction, the executive vice president directly owned 24,055 shares of the company’s stock, valued at $618,213.50. The trade was a 55.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John A. Utz sold 2,135 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $26.41, for a total value of $56,385.35. Following the completion of the sale, the executive vice president owned 109,842 shares in the company, valued at approximately $2,900,927.22. This represents a 1.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,951 shares of company stock worth $925,756 in the last quarter. Company insiders own 1.45% 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.

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