Associated Banc (NYSE:ASB) EVP Matthew Braeger Sells 5,000 Shares

10 Jun 2026, 15:34 by Tristan Rich · The Markets Daily

Associated Banc-Corp (NYSE:ASB – Get Free Report) EVP Matthew Braeger sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $28.17, for a total transaction of $140,850.00. Following the completion of the transaction, the executive vice president directly owned 11,777 shares in the company, valued at $331,758.09. This represents a 29.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Associated Banc Stock Performance

NYSE ASB traded up $0.45 during trading hours on Wednesday, reaching $28.84. The company’s stock had a trading volume of 551,430 shares, compared to its average volume of 2,228,736. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.84. The business has a 50-day simple moving average of $27.58 and a 200 day simple moving average of $26.87. Associated Banc-Corp has a 52 week low of $22.48 and a 52 week high of $29.51. The stock has a market cap of $5.44 billion, a PE ratio of 10.02, a PEG ratio of 1.61 and a beta of 0.77.

Associated Banc (NYSE:ASB – Get Free Report) last issued its earnings results on Thursday, April 23rd. The bank reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.01. The firm had revenue of $387.21 million for the quarter, compared to analysts’ expectations of $384.20 million. Associated Banc had a net margin of 19.88% and a return on equity of 10.46%. During the same quarter last year, the company posted $0.59 earnings per share. Equities research analysts predict that Associated Banc-Corp will post 2.92 earnings per share for the current fiscal year.

Associated Banc Announces Dividend

The firm also recently declared 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. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, June 1st. Associated Banc’s payout ratio is 33.33%.

Institutional Investors Weigh In On Associated Banc

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. IAG Wealth Partners LLC raised its holdings in Associated Banc by 4,250.0% during the first quarter. IAG Wealth Partners LLC now owns 1,218 shares of the bank’s stock worth $31,000 after purchasing an additional 1,190 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Associated Banc during the fourth quarter worth approximately $33,000. Smartleaf Asset Management LLC raised its holdings in Associated Banc by 46.8% during the third quarter. Smartleaf Asset Management LLC now owns 1,279 shares of the bank’s stock worth $33,000 after purchasing an additional 408 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Associated Banc by 345.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the bank’s stock worth $33,000 after purchasing an additional 1,047 shares in the last quarter. Finally, CIBC Private Wealth Group LLC bought a new stake in Associated Banc during the third quarter worth approximately $51,000. Institutional investors own 82.98% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on ASB shares. Truist Financial boosted their price target on Associated Banc from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Barclays upgraded Associated Banc from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $30.00 to $33.00 in a research report on Tuesday, April 7th. Keefe, Bruyette & Woods boosted their price target on Associated Banc from $30.00 to $31.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Piper Sandler boosted their price target on Associated Banc from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company boosted their price target on Associated Banc from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, March 30th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.30.

View Our Latest Research Report on Associated Banc

Associated Banc Company Profile

(Get Free Report)

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.