Associated Banc-Corp (ASB) Stock Forecast, Price Target & Predictions
ASB Stock Forecast
Associated Banc-Corp stock forecast is as follows: an average price target of $23.00 (represents a -15.63% downside from ASB’s last price of $27.26) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
ASB Price Target
The average price target for Associated Banc-Corp (ASB) is $23.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $22.00. This represents a potential -15.63% downside from ASB's last price of $27.26.
ASB Analyst Ratings
According to 5 Wall Street analysts, Associated Banc-Corp's rating consensus is 'Hold'. The analyst rating breakdown for ASB stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 5 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Associated Banc-Corp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Scott Siefers | Piper Sandler | $24.00 | $23.89 | 0.44% | -11.96% |
| Jun 24, 2024 | Jared Shaw | Barclays | $22.00 | $20.29 | 8.43% | -19.30% |
The latest Associated Banc-Corp stock forecast, released on Jul 26, 2024 by Scott Siefers from Piper Sandler, set a price target of $24.00, which represents a 0.44% increase from the stock price at the time of the forecast ($23.89), and a -11.96% decrease from ASB last price ($27.26).
Associated Banc-Corp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $23.00 |
| Last Closing Price | $27.26 | $27.26 | $27.26 |
| Upside/Downside | -100.00% | -100.00% | -15.63% |
In the current month, the average price target of Associated Banc-Corp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Associated Banc-Corp's last price of $27.26. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 27, 2024 | Stephens | Sector Perform | Sector Perform | Hold |
| Sep 27, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Sep 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 26, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 17, 2024 | Jefferies | Underperform | Underperform | Hold |
| Jul 17, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jun 24, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Jun 24, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Associated Banc-Corp's last stock rating was published by Stephens on Sep 27, 2024. The company gave ASB a "Sector Perform" rating, the same as its previous rate.
Associated Banc-Corp Financial Forecast
Associated Banc-Corp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $298.88M | $321.83M | $334.94M | $349.84M | $18.89M | $53.14M | $207.25M | $266.63M | $264.14M | $250.25M | $268.02M | $262.50M | $255.58M | $440.76M | $298.13M | $289.81M | $305.58M |
| Avg Forecast | $366.20M | $362.95M | $357.05M | $351.35M | $359.30M | $354.80M | $346.34M | $337.42M | $337.00M | $332.96M | $330.69M | $325.00M | $258.64M | $325.26M | $332.83M | $346.19M | $347.47M | $317.27M | $280.23M | $268.52M | $263.68M | $263.05M | $259.66M | $261.95M | $272.80M | $268.77M | $295.36M | $294.55M | $299.30M | $310.68M |
| High Forecast | $369.20M | $365.93M | $359.98M | $354.23M | $362.25M | $357.71M | $349.18M | $338.99M | $338.09M | $333.72M | $330.69M | $325.00M | $259.52M | $327.93M | $335.56M | $349.03M | $350.32M | $317.27M | $280.23M | $268.52M | $263.68M | $263.05M | $259.66M | $261.95M | $272.80M | $268.77M | $295.36M | $294.55M | $299.30M | $310.68M |
| Low Forecast | $362.42M | $359.20M | $353.36M | $347.72M | $355.59M | $351.14M | $342.76M | $335.10M | $335.52M | $332.19M | $330.69M | $325.00M | $257.06M | $321.90M | $329.39M | $342.62M | $343.88M | $317.27M | $280.23M | $268.52M | $263.68M | $263.05M | $259.66M | $261.95M | $272.80M | $268.77M | $295.36M | $294.55M | $299.30M | $310.68M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.97% | 0.97% | 1.01% | 0.06% | 0.19% | 0.77% | 1.01% | 1.00% | 0.96% | 1.02% | 0.96% | 0.95% | 1.49% | 1.01% | 0.97% | 0.98% |
Associated Banc-Corp's average Quarter revenue forecast for Dec 23 based on 6 analysts is $258.64M, with a low forecast of $257.06M, and a high forecast of $259.52M. ASB's average Quarter revenue forecast represents a -13.46% decrease compared to the company's last Quarter revenue of $298.88M (Sep 23).
Associated Banc-Corp EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $102.67M | $112.89M | $301.71M | $228.05M | $185.91M | $273.62M | $13.88M | $123.42M | $146.86M | $152.56M | $160.58M | $127.90M | $36.24M | $258.36M | $137.78M | $179.27M | $210.22M |
| Avg Forecast | $132.96M | $131.78M | $129.64M | $127.57M | $130.45M | $128.82M | $125.75M | $122.51M | $122.36M | $120.89M | $120.07M | $9.26M | $93.91M | $118.10M | $120.84M | $9.91M | $113.14M | $115.19M | $101.74M | $10.59M | $95.74M | $95.51M | $94.28M | $114.19M | $99.05M | $97.58M | $107.24M | $96.45M | $108.67M | $112.80M |
| High Forecast | $134.05M | $132.86M | $130.70M | $128.61M | $131.52M | $129.88M | $126.78M | $123.08M | $122.75M | $121.17M | $120.07M | $11.11M | $94.23M | $119.07M | $121.84M | $11.89M | $135.77M | $115.19M | $101.74M | $12.71M | $95.74M | $95.51M | $94.28M | $137.03M | $99.05M | $97.58M | $107.24M | $115.74M | $108.67M | $112.80M |
| Low Forecast | $131.59M | $130.42M | $128.30M | $126.25M | $129.11M | $127.49M | $124.45M | $121.67M | $121.82M | $120.61M | $120.07M | $7.41M | $93.33M | $116.88M | $119.60M | $7.92M | $90.51M | $115.19M | $101.74M | $8.48M | $95.74M | $95.51M | $94.28M | $91.35M | $99.05M | $97.58M | $107.24M | $77.16M | $108.67M | $112.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.93% | 30.46% | 2.02% | 1.61% | 2.69% | 1.31% | 1.29% | 1.54% | 1.62% | 1.41% | 1.29% | 0.37% | 2.41% | 1.43% | 1.65% | 1.86% |
6 analysts predict ASB's average Quarter EBITDA for Dec 23 to be $93.91M, with a high of $94.23M and a low of $93.33M. This is -8.54% lower than Associated Banc-Corp's previous annual EBITDA (Sep 23) of $102.67M.
Associated Banc-Corp Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $83.25M | $87.15M | $103.36M | $108.76M | $96.28M | $86.82M | $74.26M | $76.88M | $88.81M | $91.01M | $94.30M | $67.00M | $45.21M | $148.72M | $45.84M | $72.10M | $83.34M |
| Avg Forecast | $97.71M | $96.95M | $90.90M | $86.35M | $95.22M | $90.71M | $83.70M | $77.64M | $80.12M | $75.58M | $78.65M | $74.47M | $78.61M | $78.95M | $88.95M | $97.43M | $70.47M | $88.76M | $66.06M | $57.19M | $63.66M | $66.94M | $75.09M | $67.06M | $46.13M | $35.10M | $25.27M | $32.09M | $63.99M | $70.42M |
| High Forecast | $98.75M | $97.99M | $91.86M | $87.27M | $96.24M | $91.67M | $84.59M | $79.10M | $81.61M | $75.97M | $78.67M | $74.50M | $83.15M | $79.80M | $89.90M | $98.47M | $84.56M | $88.76M | $66.06M | $57.19M | $63.66M | $66.94M | $75.09M | $80.47M | $46.13M | $35.10M | $25.27M | $38.50M | $63.99M | $70.42M |
| Low Forecast | $96.40M | $95.65M | $89.67M | $85.19M | $93.94M | $89.49M | $82.58M | $76.17M | $77.15M | $75.19M | $78.64M | $74.44M | $74.08M | $77.89M | $87.76M | $96.12M | $56.38M | $88.76M | $66.06M | $57.19M | $63.66M | $66.94M | $75.09M | $53.65M | $46.13M | $35.10M | $25.27M | $25.67M | $63.99M | $70.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.98% | 1.06% | 1.54% | 1.08% | 1.31% | 1.30% | 1.21% | 1.33% | 1.21% | 1.41% | 1.45% | 1.29% | 5.89% | 1.43% | 1.13% | 1.18% |
Associated Banc-Corp's average Quarter net income forecast for Dec 23 is $78.61M, with a range of $74.08M to $83.15M. ASB's average Quarter net income forecast represents a -5.57% decrease compared to the company's last Quarter net income of $83.25M (Sep 23).
Associated Banc-Corp SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $133.41M | $130.75M | $129.14M | $132.87M | $130.82M | $123.72M | $114.86M | $139.00M | $138.96M | $135.80M | $133.91M | $128.73M | $135.76M | $141.33M | $146.32M | $155.66M | $155.73M |
| Avg Forecast | $161.85M | $160.41M | $157.80M | $155.29M | $158.80M | $156.81M | $153.07M | $149.13M | $148.94M | $147.16M | $146.16M | $143.64M | $114.31M | $143.76M | $147.10M | $153.01M | $127.42M | $140.22M | $123.85M | $118.68M | $116.54M | $116.26M | $114.76M | $95.23M | $120.57M | $118.79M | $130.54M | $102.43M | $132.28M | $137.31M |
| High Forecast | $163.18M | $161.73M | $159.10M | $156.56M | $160.10M | $158.10M | $154.33M | $149.82M | $149.43M | $147.49M | $146.16M | $143.64M | $114.70M | $144.94M | $148.31M | $154.26M | $152.90M | $140.22M | $123.85M | $118.68M | $116.54M | $116.26M | $114.76M | $114.27M | $120.57M | $118.79M | $130.54M | $122.91M | $132.28M | $137.31M |
| Low Forecast | $160.18M | $158.76M | $156.18M | $153.68M | $157.16M | $155.19M | $151.49M | $148.10M | $148.29M | $146.82M | $146.16M | $143.64M | $113.61M | $142.27M | $145.58M | $151.43M | $101.93M | $140.22M | $123.85M | $118.68M | $116.54M | $116.26M | $114.76M | $76.18M | $120.57M | $118.79M | $130.54M | $81.94M | $132.28M | $137.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.89% | 0.84% | 1.04% | 0.93% | 1.00% | 0.97% | 1.19% | 1.20% | 1.18% | 1.41% | 1.07% | 1.14% | 1.08% | 1.43% | 1.18% | 1.13% |
Associated Banc-Corp's average Quarter SG&A projection for Dec 23 is $114.31M, based on 6 Wall Street analysts, with a range of $113.61M to $114.70M. The forecast indicates a -14.32% fall compared to ASB last annual SG&A of $133.41M (Sep 23).
Associated Banc-Corp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.55 | $0.56 | $0.67 | $0.70 | $0.62 | $0.56 | $0.48 | $0.52 | $0.56 | $0.56 | $0.58 | $0.40 | $0.26 | $0.94 | $0.27 | $0.43 | $0.50 |
| Avg Forecast | $0.65 | $0.64 | $0.60 | $0.57 | $0.63 | $0.60 | $0.55 | $0.51 | $0.53 | $0.50 | $0.52 | $0.49 | $0.52 | $0.52 | $0.59 | $0.64 | $0.66 | $0.59 | $0.44 | $0.38 | $0.42 | $0.44 | $0.50 | $0.45 | $0.30 | $0.23 | $0.17 | $0.10 | $0.42 | $0.47 |
| High Forecast | $0.65 | $0.65 | $0.61 | $0.58 | $0.64 | $0.61 | $0.56 | $0.52 | $0.54 | $0.50 | $0.52 | $0.49 | $0.55 | $0.53 | $0.59 | $0.65 | $0.67 | $0.59 | $0.44 | $0.38 | $0.42 | $0.44 | $0.50 | $0.45 | $0.30 | $0.23 | $0.17 | $0.10 | $0.42 | $0.47 |
| Low Forecast | $0.64 | $0.63 | $0.59 | $0.56 | $0.62 | $0.59 | $0.55 | $0.50 | $0.51 | $0.50 | $0.52 | $0.49 | $0.49 | $0.51 | $0.58 | $0.63 | $0.65 | $0.59 | $0.44 | $0.38 | $0.42 | $0.44 | $0.50 | $0.45 | $0.30 | $0.23 | $0.17 | $0.10 | $0.42 | $0.47 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.95% | 1.04% | 1.06% | 1.06% | 1.28% | 1.27% | 1.24% | 1.27% | 1.13% | 1.30% | 1.31% | 1.12% | 5.63% | 2.57% | 1.02% | 1.07% |
According to 6 Wall Street analysts, Associated Banc-Corp's projected average Quarter EPS for Dec 23 is $0.52, with a low estimate of $0.49 and a high estimate of $0.55. This represents a -5.65% decrease compared to ASB previous annual EPS of $0.55 (Sep 23).
Associated Banc-Corp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBK | Heritage Commerce | $10.84 | $12.50 | 15.31% | Buy |
| FRME | First Merchants | $43.57 | $46.00 | 5.58% | Buy |
| OFG | OFG Bancorp | $44.58 | $47.00 | 5.43% | Buy |
| OSBC | Old Second Bancorp | $18.53 | $19.33 | 4.32% | Buy |
| NBHC | National Bank | $48.57 | $50.00 | 2.94% | Hold |
| RNST | Renasant | $37.01 | $38.00 | 2.67% | Buy |
| BCBP | BCB Bancorp | $13.26 | $13.50 | 1.81% | Hold |
| GABC | German American Bancorp | $46.00 | $45.67 | -0.72% | Buy |
| BOKF | BOK Financial | $115.77 | $112.75 | -2.61% | Hold |
| WTFC | Wintrust Financial | $132.62 | $129.14 | -2.62% | Buy |
| CBU | Community Bank System | $68.53 | $66.50 | -2.96% | Strong Buy |
| FCF | First Commonwealth Financial | $18.84 | $18.00 | -4.46% | Buy |
| HWC | Hancock Whitney | $59.79 | $56.00 | -6.34% | Buy |
| FULT | Fulton Financial | $21.12 | $19.40 | -8.14% | Hold |
| BFC | Bank First | $103.29 | $94.00 | -8.99% | Hold |
| FBIZ | First Business Financial Services | $50.51 | $45.00 | -10.91% | Buy |
| PNFP | Pinnacle Financial Partners | $124.80 | $108.80 | -12.82% | Buy |
| ASB | Associated Banc-Corp | $27.26 | $23.00 | -15.63% | Hold |
| NWBI | Northwest Bancshares | $14.78 | $12.00 | -18.81% | Hold |
| ACNB | ACNB | $47.61 | $37.00 | -22.29% | Buy |
| BANF | BancFirst | $122.57 | $95.00 | -22.49% | Sell |
| FUNC | First United | $34.76 | $25.00 | -28.08% | Buy |