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ASB · Associated Banc-Corp

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Market Cap
$5.84B
Shares
188.85M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$30.92 Open$30.93 Day$30.77–31.08 52W close$24.11–32.33 Avg vol 30d1.6M Short int5.3M · 2.8% float · 4.0d Short vol79% Last earningsJul 23, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 4

Up next

Next earnings call
Oct 22, 2026 Est · unconfirmed · in 8 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 4, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Neutral Momentum Very Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Low
      Market backdrop VIX 14.4 · calm Equity put/call 0.62
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg +11%
      above
      Price vs 50-day avg −0%
      below
      RSI (14) 47
      neutral
      MACD trend Negative
      52-week position 83%
      mid-range
      Momentum
      relative strength
      Very Strong
      1-month return 0%
      trailing
      6-month return +23%
      trailing
      YTD return +20%
      this year
      Relative strength +10%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $31 › 200d $28 — 50d above 200d
      Institutional flow Accumulating
      +6% holders QoQ · +68 funds added
      Insider flow Distributing
      Net -$6.9M over 90 days · 100% sells
      Short interest Rising
      2.83% of float · ▲ +8.3% MoM · 4.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      396 holders — near 3-yr high, broad support
      Squeeze score 57
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth −11%
      Y/Y
      EPS growth +285%
      Y/Y
      Valuation P/E 10.8
      below peers
      Buyback $100.0M
      authorized
      Balance sheet $818.1M
      net cash
      Quant / Vol
      risk profile
      Low
      Volatility 25%
      annualized · 1-yr
      Max drawdown −17%
      past year
      ATR 1.6%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Jul 23, 2026
      Period end loan growth · 2026 18% – 20%
      Total noninterest income growth · 2026 8% – 10%
      Noninterest expense growth · 2026 20% – 21%
      Prior guidance period ended · from the 8-K filed Oct 23, 2025
      Period end loan growth · 2025 5% – 6%
      Effective Tax Rate · FY 2025 18% – 19%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      1 · 4 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +11% Bullish
      Price vs 50-day avg
      −0% Neutral
      RSI (14)
      47 Neutral
      MACD trend
      Negative Bearish
      52-week position
      83% Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $31 › 200d $28 — 50d above 200d
      Institutional flow Accumulating
      +6% holders QoQ · +68 funds added
      Insider flow Distributing
      Net -$6.9M over 90 days · 100% sells
      Short interest Rising
      2.83% of float · ▲ +8.3% MoM · 4.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      396 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $24 Now $31 · 83% Range high $32
      vs 200-day avg +11% vs 50-day avg 0%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Average earning assets $47.3B second quarter of 2026 filing
      Average FTEs excluding overtime 4,321 three months ended Jun 30, 2026 filing
      Adj. ROATCE non-GAAP 13.95% Second Quarter 2026
      Adjusted efficiency ratio non-GAAP 52.91% 2Q26
      Adjusted net income available to common equity for adjusted earnings per share non-GAAP $139.69M 2Q26
      GAAP → non-GAAP reconciliation
      GAAP Net income available to common equity 120.69M
      +19M Acquisition costs, net of tax
      = Adjusted net income available to common equity for adjusted earnings per share 139.69M
      Adjusted net income available to common equity for adjusted ROATCE non-GAAP 144.86M 2Q 2026
      GAAP → non-GAAP reconciliation
      GAAP Adjusted net income available to common equity for ROATCE 125.86M
      +19M Acquisition costs, net of tax
      = Adjusted net income available to common equity for adjusted ROATCE 144.86M
      Adjusted net income available to common equity for ROATCE non-GAAP 125.86M 2Q 2026
      GAAP → non-GAAP reconciliation
      GAAP Net income available to common equity 120.69M
      +5.17M Other intangible amortization, net of tax
      = Adjusted net income available to common equity for ROATCE 125.86M
      Adjusted net income for return on average tangible assets non-GAAP $250.02M Jun 2026
      allowance for credit losses on loans (ACLL) 494M Second Quarter 2026
      Allowance for credit losses on loans / total loans 1.36% Second Quarter 2026
      Assets under management, at market value $17.01B 2Q26
      Average core customer deposits non-GAAP 34.42B 2Q 2026
      GAAP → non-GAAP reconciliation
      GAAP Average total deposits 40.38B
      -1.88B Less: Average network transaction deposits
      -4.09B Less: Average brokered CDs
      = Average core customer deposits 34.42B
      average cost of total interest-bearing liabilities 2.66% Second Quarter 2026
      average deposits 40.4B Second Quarter 2026
      Average tangible assets for return on average tangible assets non-GAAP $46.95B Jun 2026
      Average tangible common equity for ROATCE non-GAAP $3.93B Jun 2026
      average total loans 35.9B Second Quarter 2026
      average yield on total loans 5.67% Second Quarter 2026
      CET1 capital ratio 10.47% Second Quarter 2026
      Common shares outstanding, end of period 188.72M 2Q26
      GAAP → non-GAAP reconciliation
      GAAP Total deposits 39.93B
      -1.82B Less: Network transaction deposits
      -3.93B Less: Brokered CDs
      = Core customer deposits 34.17B
      core customer deposits (average) non-GAAP 34.4B Second Quarter 2026
      Core customer deposits and other customer funding non-GAAP $34.23B Jun 30, 2026
      Core Customer Deposits period end balance change non-GAAP $3.75B 3/31/26 to 6/30/26
      earnings per common share excluding nonrecurring items non-GAAP $0.73 Second Quarter 2026
      effective tax rate 22.37% Second Quarter 2026
      Ex. ANC C&I period end balance change non-GAAP $644M 3/31/26 to 6/30/26
      Ex. ANC Core Customer Deposits period end balance change non-GAAP -$398M 3/31/26 to 6/30/26
      Ex. ANC Total Loans period end balance change non-GAAP $940M 3/31/26 to 6/30/26
      Fully tax-equivalent net interest margin non-GAAP 3.1% Six Months Ended June 30, 2026
      Net charge offs -$23.2M Q2 2026
      Net charge offs / average loans (annualized) 0.26% Second Quarter 2026
      net free funds benefit 0.52% Second Quarter 2026
      nonaccrual loans 150M Second Quarter 2026
      Period end core customer deposits non-GAAP $34.2B Second Quarter 2026
      Pre-tax pre-provision income non-GAAP $169.9M Six Months Ended June 30, 2026
      Return on average tangible common equity (ROATCE) non-GAAP 12.12% 2Q26
      Tangible assets for TCE Ratio non-GAAP $50.55B Jun 2026
      GAAP → non-GAAP reconciliation
      GAAP Total assets 51.81B
      -1.26B Less: Goodwill and other intangible assets, net
      = Tangible assets for TCE Ratio 50.55B
      Tangible book value (TBV) / share non-GAAP $22.15 2Q26
      Tangible common equity for TBV / share and TCE Ratio non-GAAP $4.18B Jun 2026
      TCE Ratio non-GAAP 8.27% Second Quarter 2026
      Tier 1 capital ratio 10.94% 2Q26
      Total expense for adjusted efficiency ratio non-GAAP 240.52M 2Q 2026
      GAAP → non-GAAP reconciliation
      GAAP Noninterest expense 271.88M
      -6.89M Less: Other intangible amortization
      -24.47M Less: Acquisition costs
      = Total expense for adjusted efficiency ratio 240.52M
      Total nonperforming assets $185.3M 2Q26
      Total period end commercial & industrial loans 13.8B Second Quarter 2026
      Total period end core customer deposits non-GAAP 34.2B Second Quarter 2026
      Total period end deposits 39.9B Second Quarter 2026
      Total period end loans 36.5B Second Quarter 2026
      Total revenue for adjusted efficiency ratio non-GAAP 454.54M 2Q 2026
      Average cost of interest-bearing liabilities 2.98% FY 2025
      Average total deposits $34.8B FY 2025
      Average yield on total earning assets 5.45% FY 2025
      Net charge offs / average loans 0.12% FY 2025
      Net interest income $1.2B FY 2025
      Return on average tangible common equity non-GAAP 15.04% 4Q 2025
      Tangible book value / share non-GAAP $22.01 FY 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Banks - Regional — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      ASB
      Associated Banc-Corp
      this stock
      $5.84B +20.0% -11.0% 10.8 2.8%
      MFG
      Mizuho Financial Group Inc
      $126.83B +45.4% 0.1%
      HDB
      Hdfc Bank Ltd
      $115.38B -36.8% +15.2% 0.5%
      IBN
      Icici Bank Ltd
      $107.15B +0.3% 0.7%
      CIXPF
      CaixaBank/ADR
      $106.80B +26.1% 0.1%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      396
      % held
      79.9%
      Net QoQ
      +4.9M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      391
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      5.3M
      Days to cover
      4.0d
      Change
      +407.2K sh
      View
      Short Volume
      Short vol %
      79%
      As of
      Aug 28, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      31
      Value
      $952
      As of
      Jul 23, 2026
      View
      Off-Exchange
      Off-exchange %
      33.8%
      Week of
      Jul 20, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$6.9M
      Buyers / Sellers
      0 / 6
      Buyers Sellers
      View
      Congressional Trades Buy
      Member
      Christopher L. Jacobs
      Amount
      $1.0K–$15.0K
      Traded
      Jun 16, 2022
      View
      Financials
      Financials
      Revenue (FY)
      $1.1B
      Net income (FY)
      $474.8M
      EPS diluted
      $2.77
      View
      Buybacks
      Authorized
      $100.0M
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Aug 4, 2026
      This year
      12
      View
      Proposed Sales
      Value
      $521.7K
      Shares
      16.3K
      Filed
      Aug 12, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 23, 2026
      View
      Investor Relations
      Latest news
      Associated Banc-Corp Announces Di…
      Published
      Jul 28, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      ASB +0.3% +0.1% +23.3% +0.1% +20.0%
      SPY +0.5% +3.0% +13.4% +3.0% +12.8%
      vs SPY -0.2% -2.9% +9.9% -2.9% +7.2%

      Capital returns

      Latest dividend
      $0.24 / share · ex Jun 1, 2026
      Declared · upcoming
      $0.24 / share · ex Sep 1, 2026
      Raised 4.3%
      Paid (TTM)
      $0.95 / share · 4 payouts
      Dividend yield (TTM, derived)
      3.07%
      Buyback program · as of Apr 28, 2026
      Authorized
      $100.00M
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 7789 CUSIP 045487105 13F (30d) 291 filings 289 filers Visit website Investor relations