Associated Banc-Corp (ASB) EPS Estimated At $0.47

June 21, 2018 - By Kurt Siggers

Associated Banc-Corp (NYSE:ASB) LogoInvestors sentiment increased to 2.06 in Q1 2018. Its up 0.72, from 1.34 in 2017Q4. It is positive, as 22 investors sold Associated Banc-Corp shares while 44 reduced holdings. 36 funds opened positions while 100 raised stakes. 129.10 million shares or 10.08% more from 117.28 million shares in 2017Q4 were reported.
Millennium Management Llc, New York-based fund reported 2.62M shares. Renaissance Techs Llc has invested 0.01% in Associated Banc-Corp (NYSE:ASB). Mason Street Advisors Ltd holds 0.05% or 85,664 shares in its portfolio. Zeke Limited Liability Corp holds 0.05% or 20,733 shares. Adage Cap Prtnrs Grp Lc owns 50,000 shares. 76,373 are owned by Price T Rowe Associates Md. Qs Lc reported 0% in Associated Banc-Corp (NYSE:ASB). Badgley Phelps & Bell Incorporated, a Washington-based fund reported 10,000 shares. Keybank Association Oh has invested 0.01% in Associated Banc-Corp (NYSE:ASB). Koch Indus has invested 0.04% of its portfolio in Associated Banc-Corp (NYSE:ASB). Cubic Asset Mngmt Limited Liability Company reported 0.18% stake. Fifth Third Comml Bank holds 1,317 shares. Prudential Fincl stated it has 1.52 million shares or 0.06% of all its holdings. Benjamin F Edwards And Company Incorporated has 0.01% invested in Associated Banc-Corp (NYSE:ASB). Foundry Prtn Ltd Company invested in 0.76% or 720,499 shares.

Analysts expect Associated Banc-Corp (NYSE:ASB) to report $0.47 EPS on July, 19.They anticipate $0.11 EPS change or 30.56 % from last quarter’s $0.36 EPS. ASB’s profit would be $80.27 million giving it 15.08 P/E if the $0.47 EPS is correct. After having $0.50 EPS previously, Associated Banc-Corp’s analysts see -6.00 % EPS growth. The stock increased 0.18% or $0.05 during the last trading session, reaching $28.35. About 1.05M shares traded. Associated Banc-Corp (NYSE:ASB) has risen 13.32% since June 21, 2017 and is uptrending. It has outperformed by 0.75% the S&P500.

Associated Banc-Corp (NYSE:ASB) Ratings Coverage

Among 9 analysts covering Associated Banc-Corp (NYSE:ASB), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Associated Banc-Corp had 13 analyst reports since December 21, 2017 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Hold” on Sunday, January 28. The firm has “Hold” rating given on Thursday, April 19 by RBC Capital Markets. The rating was maintained by DA Davidson with “Neutral” on Friday, April 20. Barclays Capital maintained Associated Banc-Corp (NYSE:ASB) rating on Tuesday, January 2. Barclays Capital has “Hold” rating and $29.0 target. The stock has “Buy” rating by Robert W. Baird on Friday, April 20. On Monday, April 23 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Keefe Bruyette & Woods maintained Associated Banc-Corp (NYSE:ASB) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $28.0 target. The company was maintained on Thursday, January 25 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Wednesday, April 25 by Jefferies. On Thursday, April 19 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota. The company has market cap of $4.84 billion. The Company’s 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. It has a 19.25 P/E ratio. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging services.

Associated Banc-Corp (NYSE:ASB) Ratings Chart

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