Associated Banc-Corp
About: Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.
Employees: 4,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
431% more call options, than puts
Call options by funds: $2.66M | Put options by funds: $501K
22% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 27
2.82% more ownership
Funds ownership: 81.96% [Q1] → 84.79% (+2.82%) [Q2]
2% more funds holding
Funds holding: 270 [Q1] → 276 (+6) [Q2]
2% more capital invested
Capital invested by funds: $2.66B [Q1] → $2.7B (+$40.4M) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 95
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Jared Shaw 76% 1-year accuracy 26 / 34 met price target | 4%upside $23 | Equal-Weight Maintained | 27 Sept 2024 |
Stephens & Co. Terry McEvoy 89% 1-year accuracy 24 / 27 met price target | 9%upside $24 | Equal-Weight Reiterated | 30 Jul 2024 |
Piper Sandler Scott Siefers 57% 1-year accuracy 8 / 14 met price target | 9%upside $24 | Neutral Maintained | 26 Jul 2024 |
RBC Capital Jon Arfstrom 88% 1-year accuracy 43 / 49 met price target | 13%upside $25 | Sector Perform Maintained | 26 Jul 2024 |
Keefe, Bruyette & Woods Christopher Mcgratty 100% 1-year accuracy 11 / 11 met price target | 9%upside $24 | Market Perform Maintained | 26 Jul 2024 |
