Associated Banc-Corp (ASB) Analysts See $0.47 EPS

June 15, 2018 - By Michael Lara

Associated Banc-Corp (NYSE:ASB) LogoInvestors sentiment increased to 2.06 in 2018 Q1. Its up 0.72, from 1.34 in 2017Q4. It increased, 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.
Wealthtrust Axiom Limited Liability holds 9,000 shares or 0.08% of its portfolio. Cornerstone Advisors owns 39 shares. Dorsey Whitney Lc stated it has 0.38% of its portfolio in Associated Banc-Corp (NYSE:ASB). Us Bancorporation De invested in 194,355 shares. Shelton Mgmt invested in 0.02% or 11,169 shares. Winch Advisory Services Lc stated it has 589 shares. Legal And General Group Incorporated Public Ltd invested in 243,926 shares. Suntrust Banks has 0% invested in Associated Banc-Corp (NYSE:ASB). Oregon Employees Retirement Fund has 63,758 shares for 0.02% of their portfolio. Guggenheim Capital Lc stated it has 0% in Associated Banc-Corp (NYSE:ASB). Massachusetts-based Adage Cap Prtn Grp Lc has invested 0% in Associated Banc-Corp (NYSE:ASB). Annex Advisory Ltd Limited Liability Company has 21,579 shares. 3,254 were accumulated by Morgan Dempsey Ltd Liability Corp. Comerica Financial Bank owns 133,763 shares. Pub Employees Retirement Association Of Colorado invested in 38,229 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 14.95 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. It closed at $28.1 lastly. It is down 13.32% since June 15, 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 “Neutral” rating given on Friday, April 20 by DA Davidson. Keefe Bruyette & Woods maintained it with “Hold” rating and $2900 target in Thursday, April 19 report. The stock of Associated Banc-Corp (NYSE:ASB) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 31. The stock of Associated Banc-Corp (NYSE:ASB) earned “Buy” rating by Sandler O’Neill on Friday, April 20. The firm has “Hold” rating given on Monday, February 5 by RBC Capital Markets. Robert W. Baird upgraded Associated Banc-Corp (NYSE:ASB) on Friday, April 20 to “Buy” rating. The firm has “Hold” rating by Jefferies given on Wednesday, April 25. As per Thursday, January 25, the company rating was maintained by Keefe Bruyette & Woods. The company was maintained on Tuesday, January 2 by Barclays Capital.

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 $4.80 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 19.79 P/E ratio. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging services.

More news for Associated Banc-Corp (NYSE:ASB) were recently published by: Investorplace.com, which released: “5 Top-Ranked Bank Stocks to Profit From Fed’s Rate Hike” on June 14, 2018. Prnewswire.com‘s article titled: “New partnerships with Packers alumni Donald Driver and Jerry Kramer help Associated Bank celebrate 100 seasons …” and published on June 04, 2018 is yet another important article.

Associated Banc-Corp (NYSE:ASB) Ratings Chart

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