Associated Banc-Corp

Company Profile

Associated Banc-Corp had its IPO on under the ticker symbol ASB-PF.

The company operates in the Financial Services sector and Banks-Regional industry. Associated Banc-Corp has a staff strength of 4,200 employees.

Stock update

Shares of Associated Banc-Corp opened at $18.24 at the start of the last trading session i.e. 2023-03-23.

The stocks traded within a range of $17.42 - $18.5, and closed at $17.9.

This is a -0.67% slip from the previous day's closing price.

A total volume of 9,492 shares were traded at the close of the day’s session.

In the last one week, shares of Associated Banc-Corp have slipped by -12.17%.

Associated Banc-Corp's Key Ratios

Associated Banc-Corp has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Associated Banc-Corp’s revenue was $1.20 billion with a gross profit of $1.20 billion and an EBITDA of $0. The EBITDA ratio measures Associated Banc-Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Associated Banc-Corp’s operating margin was 40.72% while its return on assets stood at 0.98% with a return of equity of 9.11%.

In Q4, Associated Banc-Corp’s quarterly earnings growth was a positive 41.6% while revenue growth was a positive 22.4%.

Associated Banc-Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

8.7053

PEG

Its diluted EPS in the last 12-months stands at $2.07 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Associated Banc-Corp’s profitability.

Associated Banc-Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Associated Banc-Corp stock pays annual dividends of $0.81 per share, indicating a yield of 6.97% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$39.41 billion

Total Liabilities

$0

Operating Cash Flow

$0

Capital Expenditure

$17.27 million

Dividend Payout Ratio

0%

Associated Banc-Corp ended 2023 with $39.41 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $39.41 billion while shareholder equity stood at $3.82 billion.

Associated Banc-Corp ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, 1752000.00 in common stock, $2.90 billion in retained earnings and $1.10 billion in goodwill. Its cash balance stood at $436.95 million and cash and short-term investments were $436.95 million. The company’s total short-term debt was $0 while long-term debt stood at $4.57 billion.

Associated Banc-Corp’s total current assets stands at $581.40 million while long-term investments were $7.00 billion and short-term investments were $2.74 billion. Its net receivables were $144.45 million compared to accounts payable of $0 and inventory worth $0.

In 2023, Associated Banc-Corp's operating cash flow was $0 while its capital expenditure stood at $17.27 million.

Comparatively, Associated Banc-Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$17.9

52-Week High

$24.8916

52-Week Low

$17.42

Analyst Target Price

$

Associated Banc-Corp stock is currently trading at $17.9 per share. It touched a 52-week high of $24.8916 and a 52-week low of $24.8916. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $22.59 and 200-day moving average was $22.36 The short ratio stood at 1.6 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.