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 $23.67 (represents a -1.33% downside from ASB’s last price of $23.99) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
ASB Price Target
The average price target for Associated Banc-Corp (ASB) is $23.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $22.00. This represents a potential -1.33% downside from ASB's last price of $23.99.
ASB Analyst Ratings
According to 7 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%), 7 '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 |
|---|---|---|---|---|---|---|
| Dec 05, 2024 | David George | Robert W. Baird | $25.00 | $26.45 | -5.48% | 4.21% |
| Jul 26, 2024 | Scott Siefers | Piper Sandler | $24.00 | $23.89 | 0.44% | 0.04% |
| Jun 24, 2024 | Jared Shaw | Barclays | $22.00 | $20.29 | 8.43% | -8.30% |
The latest Associated Banc-Corp stock forecast, released on Dec 05, 2024 by David George from Robert W. Baird, set a price target of $25.00, which represents a -5.48% decrease from the stock price at the time of the forecast ($26.45), and a 4.21% increase from ASB last price ($23.99).
Associated Banc-Corp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $25.00 | $25.00 | $23.67 |
| Last Closing Price | $23.99 | $23.99 | $23.99 |
| Upside/Downside | 4.21% | 4.21% | -1.33% |
In the current month, the average price target of Associated Banc-Corp stock is $25.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.21% increase as opposed to Associated Banc-Corp's last price of $23.99. This month's average price target is down 0.00% compared to last quarter, and up 5.62% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 05, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Dec 05, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Dec 05, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| 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 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jul 17, 2024 | Jefferies | Underperform | Underperform | 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 |
| Apr 09, 2024 | Raymond James | Underperform | Underperform | Hold |
| Apr 09, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 06, 2023 | Raymond James | Outperform | Upgrade | |
| Oct 25, 2022 | Bank of America Securities | Neutral | Upgrade |
Associated Banc-Corp's last stock rating was published by Keefe, Bruyette & Woods on Dec 05, 2024. The company gave ASB a "Market 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 | $382.65M | $379.30M | $373.20M | $367.30M | $372.90M | $368.18M | $359.20M | $348.48M | $339.78M | $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 | $392.24M | $388.80M | $382.55M | $376.50M | $382.24M | $377.40M | $368.20M | $360.96M | $343.85M | $333.72M | $330.69M | $325.00M | $259.52M | $333.41M | $341.17M | $354.87M | $356.18M | $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 | $373.45M | $370.18M | $364.23M | $358.47M | $363.93M | $359.33M | $350.56M | $340.42M | $335.71M | $332.19M | $330.69M | $325.00M | $257.06M | $317.44M | $324.83M | $337.87M | $339.12M | $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 | 4 | 2 | 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 | 4 | 2 | 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 | $114.68M | $113.68M | $111.85M | $110.08M | $111.76M | $110.35M | $107.65M | $104.44M | $101.83M | $99.79M | $99.11M | $9.26M | $77.52M | $97.48M | $99.75M | $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 | $117.56M | $116.53M | $114.65M | $112.84M | $114.56M | $113.11M | $110.35M | $108.18M | $103.05M | $100.02M | $99.11M | $11.11M | $77.78M | $99.93M | $102.25M | $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 | $111.93M | $110.95M | $109.16M | $107.44M | $109.07M | $107.69M | $105.07M | $102.03M | $100.62M | $99.56M | $99.11M | $7.41M | $77.04M | $95.14M | $97.35M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.13% | 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 $77.52M, with a high of $77.78M and a low of $77.04M. This is -24.50% 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 | 4 | 2 | 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 | $106.04M | $106.04M | $99.98M | $95.94M | $97.57M | $92.50M | $85.96M | $80.72M | $79.03M | $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 | $109.50M | $109.50M | $103.24M | $99.07M | $100.75M | $95.51M | $88.76M | $86.82M | $80.52M | $75.97M | $78.67M | $74.50M | $83.15M | $81.53M | $91.85M | $100.60M | $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 | $102.73M | $102.73M | $96.86M | $92.94M | $94.52M | $89.61M | $83.27M | $77.68M | $77.54M | $75.19M | $78.64M | $74.44M | $74.08M | $76.49M | $86.17M | $94.38M | $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 | 4 | 2 | 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 | $172.11M | $170.61M | $167.86M | $165.21M | $167.73M | $165.60M | $161.56M | $156.74M | $152.83M | $149.76M | $148.74M | $146.18M | $116.33M | $146.30M | $149.70M | $155.71M | $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 | $176.42M | $174.88M | $172.07M | $169.35M | $171.93M | $169.75M | $165.61M | $162.35M | $154.66M | $150.10M | $148.74M | $146.18M | $116.73M | $149.97M | $153.46M | $159.62M | $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 | $167.97M | $166.50M | $163.83M | $161.24M | $163.69M | $161.62M | $157.68M | $153.12M | $151.00M | $149.42M | $148.74M | $146.18M | $115.62M | $142.78M | $146.11M | $151.97M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.87% | 0.83% | 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 $116.33M, based on 6 Wall Street analysts, with a range of $115.62M to $116.73M. The forecast indicates a -12.80% 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 | 4 | 2 | 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 | $0.70 | $0.70 | $0.66 | $0.63 | $0.64 | $0.61 | $0.57 | $0.53 | $0.52 | $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 | $0.72 | $0.72 | $0.68 | $0.65 | $0.67 | $0.63 | $0.59 | $0.57 | $0.53 | $0.50 | $0.52 | $0.49 | $0.55 | $0.54 | $0.61 | $0.66 | $0.68 | $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 | $0.68 | $0.68 | $0.64 | $0.61 | $0.62 | $0.59 | $0.55 | $0.51 | $0.51 | $0.50 | $0.52 | $0.49 | $0.49 | $0.50 | $0.57 | $0.62 | $0.64 | $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 | $10.08 | $12.25 | 21.53% | Buy |
| OSBC | Old Second Bancorp | $18.13 | $20.50 | 13.07% | Buy |
| HWC | Hancock Whitney | $56.97 | $63.33 | 11.16% | Buy |
| NBHC | National Bank | $45.56 | $50.00 | 9.75% | Hold |
| OFG | OFG Bancorp | $42.86 | $47.00 | 9.66% | Buy |
| FRME | First Merchants | $42.74 | $46.00 | 7.63% | Buy |
| FCF | First Commonwealth Financial | $17.84 | $19.00 | 6.50% | Buy |
| BCBP | BCB Bancorp | $12.92 | $13.50 | 4.49% | Hold |
| GABC | German American Bancorp | $43.81 | $45.67 | 4.25% | Buy |
| BOKF | BOK Financial | $114.35 | $118.75 | 3.85% | Hold |
| RNST | Renasant | $36.68 | $38.00 | 3.60% | Buy |
| CBU | Community Bank System | $65.25 | $67.00 | 2.68% | Strong Buy |
| FBIZ | First Business Financial Services | $48.93 | $50.00 | 2.19% | Buy |
| WTFC | Wintrust Financial | $130.25 | $131.00 | 0.58% | Buy |
| NWBI | Northwest Bancshares | $14.13 | $14.00 | -0.92% | Hold |
| BFC | Bank First | $106.45 | $104.00 | -2.30% | Hold |
| FULT | Fulton Financial | $20.50 | $19.67 | -4.05% | Hold |
| PNFP | Pinnacle Financial Partners | $117.03 | $110.50 | -5.58% | Buy |
| ASB | Associated Banc-Corp | $25.10 | $23.67 | -5.70% | Hold |
| ACNB | ACNB | $45.65 | $37.00 | -18.95% | Buy |
| BANF | BancFirst | $123.86 | $95.00 | -23.30% | Sell |
| FUNC | First United | $35.53 | $25.00 | -29.64% | Buy |