Associated Banc-Corp (ASB) Analysts See $0.47 EPS on July, 19

June 29, 2018 - By Anthony Rauscher

Associated Banc-Corp (NYSE:ASB) Corporate Logo
During 2018 Q1 the big money sentiment increased to 2.06. That’s change of 0.72, from 2017Q4’s 1.34. 22 investors sold all, 44 reduced holdings as Associated Banc-Corp ratio improved. 100 rose holdings while 36 funds took holdings. Funds hold 129.10 million shares thus 10.08% more from 2017Q4’s 117.28 million shares.
Vanguard Gp holds 0.02% or 14.84 million shs. Thompson Invest Management Inc has invested 0.81% of its capital in Associated Banc-Corp (NYSE:ASB). Moreover, Fiduciary Trust has 0.01% invested in Associated Banc-Corp (NYSE:ASB). Stifel has invested 0.01% in Associated Banc-Corp (NYSE:ASB). Bnp Paribas Arbitrage Sa accumulated 38,338 shs. Moreover, Maltese Capital Management Ltd Liability Corporation has 1.54% invested in Associated Banc-Corp (NYSE:ASB) for 910,042 shs. Voya Lc stated it has 0% in Associated Banc-Corp (NYSE:ASB). 306,519 are owned by Tiaa Cref Inv Ltd. South Dakota Invest Council, South Dakota-based fund reported 144,100 shs. 674,598 are owned by Goldman Sachs. Axa has 50,500 shs for 0.01% of their capital. Cadence Lc accumulated 16,509 shs. Qs Investors Ltd Llc invested in 4,621 shs or 0% of the stock. Natixis has invested 0.04% in Associated Banc-Corp (NYSE:ASB). Smithfield Communication reported 410 shs stake.

On July, 19. Investors expect Associated Banc-Corp (NYSE:ASB) to reveal its quarterly earnings, as reported by Faxor. earnings per share of $0.47 is 30.56 % up from 2017’s $0.36 EPS. If earnings per share of $0.47 is published the profit of ASB could be $80.28 million giving it 14.83 P/E. Last quarter $0.50 earnings per share was reported. Analysts sees -6.00 % negative EPS growth this quarter. ASB is reaching $27.875 during the last trading session, after increased 1.18%.Associated Banc-Corp has volume of 182,024 shares. Since June 29, 2017 ASB has risen 13.32% and is uptrending. ASB outperformed the S&P500 by 0.75%.

Associated Banc-Corp (NYSE:ASB) Ratings Coverage

In total 9 analysts cover Associated Banc-Corp (NYSE:ASB). “Buy” rating has 2, “Sell” are 0, while 7 are “Hold”. 22% are bullish. 12 are the (NYSE:ASB)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Thursday, April 19 the firm has “Hold” rating by RBC Capital Markets given. On Thursday, April 19 Keefe Bruyette & Woods maintained the shares of ASB in report with “Hold” rating. On Friday, April 20 the firm has “Neutral” rating by DA Davidson given. In Monday, April 23 report Barclays Capital maintained the stock with “Equal-Weight” rating. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, January 31. The stock rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, January 25. In Monday, February 5 report RBC Capital Markets maintained it with “Hold” rating and $27.0 target. On Friday, April 20 the company was upgraded by Robert W. Baird. In Tuesday, January 2 report Barclays Capital maintained it with “Hold” rating and $29.0 target. On Friday, April 20 the firm earned “Buy” rating by Sandler O’Neill.

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 $4.76 billion market cap. 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.The P/E ratio is 18.92. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging services.

There’s a significant Associated Banc-Corp (NYSE:ASB) news announced by Prnewswire.com. It’s an item titled: “Associated Banc-Corp Increases Prime Rate” on June 13, 2018.

Associated Banc-Corp (NYSE:ASB) Analyst Ratings Chart

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