EPS for Associated Banc-Corp (ASB) Expected At $0.47

June 15, 2018 - By Hazel Jackson

Associated Banc-Corp (NYSE:ASB) LogoInvestors sentiment increased to 2.06 in Q1 2018. Its up 0.72, from 1.34 in 2017Q4. It is positive, as 22 investors sold Associated Banc-Corp shares while 44 reduced holdings. 36 funds opened positions while 100 raised stakes. 129.10 million shares or 10.08% more from 117.28 million shares in 2017Q4 were reported.
Balyasny Asset Mngmt Limited Company holds 0.09% or 836,903 shares. Signaturefd Lc invested 0% in Associated Banc-Corp (NYSE:ASB). 387,814 are held by New York State Common Retirement Fund. Victory Capital invested in 5.12M shares. Intll Grp Incorporated stated it has 341,171 shares. 63,115 are owned by Cna Fincl. The New York-based Fny Managed Accounts Ltd Llc has invested 0% in Associated Banc-Corp (NYSE:ASB). New Mexico Educational Retirement Board holds 0.04% of its portfolio in Associated Banc-Corp (NYSE:ASB) for 46,500 shares. Kbc Group Inc Nv stated it has 48,307 shares. Sg Americas Ltd Com accumulated 33,549 shares or 0.01% of the stock. Stonebridge Cap Advisors has 0.23% invested in Associated Banc-Corp (NYSE:ASB) for 40,000 shares. Wealthtrust Axiom Limited reported 9,000 shares stake. Benjamin F Edwards & Com has invested 0.01% in Associated Banc-Corp (NYSE:ASB). Profund Lc reported 24,270 shares. Oppenheimer Asset stated it has 15,491 shares.

Analysts expect Associated Banc-Corp (NYSE:ASB) to report $0.47 EPS on July, 19.They anticipate $0.11 EPS change or 30.56 % from last quarter’s $0.36 EPS. ASB’s profit would be $80.27 million giving it 14.95 P/E if the $0.47 EPS is correct. After having $0.50 EPS previously, Associated Banc-Corp’s analysts see -6.00 % EPS growth. It closed at $28.1 lastly. It is down 13.32% since June 15, 2017 and is uptrending. It has outperformed by 0.75% the S&P500.

Associated Banc-Corp (NYSE:ASB) Ratings Coverage

Among 9 analysts covering Associated Banc-Corp (NYSE:ASB), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Associated Banc-Corp had 13 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Associated Banc-Corp (NYSE:ASB) earned “Hold” rating by RBC Capital Markets on Monday, February 5. The stock of Associated Banc-Corp (NYSE:ASB) has “Buy” rating given on Friday, April 20 by Robert W. Baird. The stock has “Hold” rating by Barclays Capital on Tuesday, January 2. The rating was maintained by Jefferies on Wednesday, April 25 with “Hold”. Morgan Stanley maintained it with “Equal-Weight” rating and $27 target in Wednesday, January 31 report. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 23. Keefe Bruyette & Woods maintained the shares of ASB in report on Thursday, December 21 with “Hold” rating. The rating was upgraded by Sandler O’Neill on Friday, April 20 to “Buy”. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, April 19. Keefe Bruyette & Woods maintained Associated Banc-Corp (NYSE:ASB) on Thursday, January 25 with “Hold” rating.

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 market cap of $4.80 billion. 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. It has a 19.79 P/E ratio. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging services.

More news for Associated Banc-Corp (NYSE:ASB) were recently published by: Prnewswire.com, which released: “New partnerships with Packers alumni Donald Driver and Jerry Kramer help Associated Bank celebrate 100 seasons …” on June 04, 2018. Investorplace.com‘s article titled: “5 Top-Ranked Bank Stocks to Profit From Fed’s Rate Hike” and published on June 14, 2018 is yet another important article.

Associated Banc-Corp (NYSE:ASB) Ratings Chart

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