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Upturn AI SWOT - About
ASB 
Associated Banc-Corp (ASB)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
07/02/2025: ASB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $26.4
1 Year Target Price $26.4
| 1 | Strong Buy |
| 1 | Buy |
| 8 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 7.57% | Avg. Invested days 32 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.16B USD | Price to earnings Ratio 31.76 | 1Y Target Price 26.4 |
Price to earnings Ratio 31.76 | 1Y Target Price 26.4 | ||
Volume (30-day avg) 10 | Beta 0.79 | 52 Weeks Range 18.14 - 27.40 | Updated Date 07/2/2025 |
52 Weeks Range 18.14 - 27.40 | Updated Date 07/2/2025 | ||
Dividends yield (FY) 3.77% | Basic EPS (TTM) 0.79 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.57% | Operating Margin (TTM) 41.1% |
Management Effectiveness
Return on Assets (TTM) 0.34% | Return on Equity (TTM) 3.24% |
Valuation
Trailing PE 31.76 | Forward PE 10.25 | Enterprise Value 5884610560 | Price to Sales(TTM) 4.22 |
Enterprise Value 5884610560 | Price to Sales(TTM) 4.22 | ||
Enterprise Value to Revenue 6.64 | Enterprise Value to EBITDA - | Shares Outstanding 165810000 | Shares Floating 162025353 |
Shares Outstanding 165810000 | Shares Floating 162025353 | ||
Percent Insiders 0.78 | Percent Institutions 87.72 |
Upturn AI SWOT
Associated Banc-Corp
Company Overview
History and Background
Associated Banc-Corp was founded in 1861 as Kellogg National Bank in Green Bay, Wisconsin. It has grown through acquisitions and organic expansion, becoming one of the largest bank holding companies based in the Midwest.
Core Business Areas
- Commercial Banking: Offers lending, deposit, and treasury management services to businesses of various sizes.
- Retail Banking: Provides consumer banking services, including checking and savings accounts, mortgages, and personal loans.
- Wealth Management: Offers investment management, trust, and financial planning services.
- Community Markets: Serves local communities with tailored financial solutions.
Leadership and Structure
The company is led by a board of directors and a management team. Andy Harmening serves as the President and CEO.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes like expansion and operations. Market share is regional and difficult to pinpoint precisely, competing with national and regional banks like BMO and US Bancorp. Revenue contribution not publicly broken down by product.
- Mortgages: Home loans for consumers. Market share again regional. Competitors include national mortgage lenders like Rocket Mortgage and local credit unions. Revenue contribution not publicly broken down by product.
- Deposit Accounts: Checking, savings, and money market accounts. Market share in Wisconsin, Illinois, and Minnesota is competitive, with Chase and Wells Fargo having national presence. Revenue from deposit accounts contributes significantly to net interest income.
Market Dynamics
Industry Overview
The banking industry is undergoing consolidation and facing increased competition from fintech companies. Interest rates, economic growth, and regulatory changes influence profitability.
Positioning
Associated Banc-Corp is a regional bank focused on serving businesses and consumers in the Midwest. Its competitive advantages include a strong local presence and relationship-based banking.
Total Addressable Market (TAM)
The TAM for banking services in Associated Banc-Corp's footprint is substantial. While difficult to precisely quantify, the total market value for loans and deposits runs into the billions of dollars. AB operates primarily in the Midwest and holds a small portion of the TAM. Competition is fierce.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Relationship-based banking
- Diversified revenue streams
- Solid capital base
- Experienced management team
Weaknesses
- Limited geographic footprint compared to national banks
- Reliance on interest rate spreads
- Potential for loan losses in economic downturns
- Lower brand recognition compared to larger national banks
- Operational overhead
Opportunities
- Expansion into new markets
- Increased digital banking adoption
- Acquisitions of smaller banks or fintech companies
- Growth in wealth management services
- Capitalizing on favorable regulatory changes
Threats
- Increased competition from national banks and fintech companies
- Economic downturns impacting loan performance
- Rising interest rates increasing funding costs
- Regulatory changes increasing compliance costs
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- USB
- BMO
- RF
- HBAN
Competitive Landscape
Associated Banc-Corp faces competition from larger national banks and smaller regional banks. Its strengths include a strong local presence and relationship-based banking, while its weaknesses include a smaller geographic footprint.
Major Acquisitions
Bank Mutual Corporation
- Year: 2018
- Acquisition Price (USD millions): 482
- Strategic Rationale: Expanded Associated Banc-Corp's presence in Wisconsin.
Growth Trajectory and Initiatives
Historical Growth: Associated Banc-Corp's growth has been driven by organic expansion and acquisitions.
Future Projections: Analyst estimates can be gathered to project future growth based on their analysis.
Recent Initiatives: Check the company's investor relations website for recent strategic initiatives.
Summary
Associated Banc-Corp shows financial stability being a regional bank with consistent dividend payouts and sustained organic growth. The company benefits from its relationship-based banking model and diversified revenue streams. However, it faces fierce competition from larger national banks and fintech companies, particularly regarding loan performance and geographical outreach. Successfully navigating the evolving banking landscape and capitalizing on digital banking opportunities will be critical for continued growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Investor presentations
- Analyst reports
- Industry news sources
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. Market share percentages are estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Associated Banc-Corp
Exchange NYSE | Headquaters Green Bay, WI, United States | ||
IPO Launch date 1984-09-07 | President, CEO & Director Mr. Andrew John Harmening | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 4006 | Website https://www.associatedbank.com |
Full time employees 4006 | Website https://www.associatedbank.com | ||
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, and Minnesota. The company offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit. It also provides 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; specialized financial services comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, the company offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
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