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

June 15, 2018 - By Ned Sandoval

Associated Banc-Corp (NYSE:ASB) LogoInvestors sentiment increased to 2.06 in 2018 Q1. Its up 0.72, from 1.34 in 2017Q4. It improved, 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.
358,335 were reported by Wellington Management Gp Limited Liability Partnership. Thompson Investment Mngmt holds 0.81% or 174,818 shares. Thrivent Fincl For Lutherans accumulated 0% or 38,267 shares. Ls Inv Ltd Limited Liability Company holds 0.03% or 20,619 shares. Bluecrest Cap Mgmt Limited owns 40,895 shares. Dorsey Whitney Tru Ltd reported 82,398 shares. Aperio Grp Inc Incorporated Ltd Co reported 63,056 shares. Hsbc Hldg Plc holds 0% or 23,671 shares in its portfolio. Koch Incorporated owns 0.04% invested in Associated Banc-Corp (NYSE:ASB) for 15,261 shares. The Maryland-based Price T Rowe Associate Incorporated Md has invested 0% in Associated Banc-Corp (NYSE:ASB). Rhumbline Advisers has 294,852 shares. Ubs Asset Mgmt Americas has invested 0% in Associated Banc-Corp (NYSE:ASB). Goldman Sachs Group has invested 0% in Associated Banc-Corp (NYSE:ASB). Quantitative Systematic Strategies Limited Liability Co has invested 0.19% of its portfolio in Associated Banc-Corp (NYSE:ASB). 31,428 are owned by Utah Retirement Systems.

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. Morgan Stanley maintained the shares of ASB in report on Wednesday, January 31 with “Equal-Weight” rating. The firm has “Hold” rating by RBC Capital Markets given on Thursday, April 19. RBC Capital Markets maintained Associated Banc-Corp (NYSE:ASB) on Monday, February 5 with “Hold” rating. The company was maintained on Sunday, January 28 by Piper Jaffray. Keefe Bruyette & Woods maintained it with “Hold” rating and $27.0 target in Thursday, January 25 report. Robert W. Baird upgraded the shares of ASB in report on Friday, April 20 to “Buy” rating. The firm has “Buy” rating by Sandler O’Neill given on Friday, April 20. As per Wednesday, April 25, the company rating was maintained by Jefferies. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The stock of Associated Banc-Corp (NYSE:ASB) earned “Hold” rating by Barclays Capital on Tuesday, January 2.

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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