Wall Street analysts expect Associated Banc-Corp (ASB) to post quarterly earnings of $0.57 per share in its upcoming report, which indicates a year-over-year increase of 9.6%. Revenues are expected to be $350.71 million, up 7.4% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnings disclosure, it is cru ...

GREEN BAY, Wis., April 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that Julio Manso will succeed Angie DeWitt as its chief human resources officer effective June 2, 2025.  Associated announced DeWitt's plans to retire as CHRO earlier today, and she will remain with Associated for a period of time after her retirement as CHRO to assure a successful transition to Manso.  Julio Manso, Associated Bank Manso, 57, joins Associated from KeyBank, N.A., where he has s ...

DeWitt set to step down as chief human resources officer on June 2, 2025GREEN BAY, Wis., April 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced that Chief Human Resources Officer (CHRO) Angie DeWitt has announced her plans to retire after an exceptional 17-year career with the company.Joining Associated Bank in 2008, DeWitt has been a key member of the bank's executive leadership team, playing a pivotal role in shaping organizational success. She began her career in F ...

GREEN BAY, Wis., April 22, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the following events in the second quarter of 2025: Piper Sandler Upper Midwest Bank Forum in Minneapolis, MN on April 30, 2025 2025 RBC Capital Markets US Banks Fixed Income Investor Symposium (virtual) on May 1, 2025 2025 Wells Fargo Financial Services Conference in Chicago, IL on May 13-14, 2025 Citi's 2025 Regional Bank Access Day in New York, NY on June ...

Core Insights - Associated Banc-Corp has opened a new branch in St. Louis, Missouri, marking its entry into the state and demonstrating its commitment to organic growth in the Midwest [1][2] Company Expansion - The new branch is located at Dellwood Crossing Shopping Center, covering approximately 6,000 square feet, and aims to capture new market opportunities [1] - The branch is part of a broader Missouri expansion strategy that began in 2023, which includes hiring commercial and industrial relationship managers and private banking staff [2] - Currently, Associated has 20 employees in Missouri, with the new branch creating seven additional jobs [2] Community Engagement - The Dellwood branch will feature a Community Advocacy Center and will employ a community accountability officer and an affordable lending officer [2] - The branch will also provide meeting space for over 30 people and support local community initiatives through various educational programs [6] Market Presence - Associated Bank has been present in the Southern Illinois market since 1997 and has operated a loan production office in Missouri since 2006 [3] - The St. Louis market is identified as a natural extension of Associated's footprint, with the city representing the bank's sixth largest metropolitan area, accounting for 3.6% of total deposits [3] Company Overview - Associated Banc-Corp has total assets of $43 billion and is the largest bank holding company based in Wisconsin, serving over 100 communities across multiple states [4]

Market Overview - U.S. equities experienced a decline, with the Dow Jones Industrial Average dropping 320 points due to escalating trade tensions and the announcement of 104% tariffs on Chinese imports [1] - The S&P 500 and Nasdaq Composite indices also fell, decreasing by 1.6% and 2.2% respectively [1] Economic Implications - Analysts speculate that the new tariffs could exacerbate economic challenges, raising concerns about a potential recession and influencing future Federal Reserve interest rate decisions [2] - In this context, value stocks may become attractive as they typically trade below intrinsic value, providing a margin of safety during market volatility [2] Valuation Metrics - The Price to Cash Flow (P/CF) ratio is highlighted as an effective metric for evaluating value stocks, as it reflects a company's cash generation ability relative to its market price [3][4] - A lower P/CF ratio indicates better value, while cash flow is considered more reliable than earnings, which can be influenced by accounting practices [5] Investment Strategy - A comprehensive investment strategy should include multiple valuation metrics such as price-to-book, price-to-earnings, and price-to-sales ratios, along with a favorable Zacks Rank and Value Score [7] - Parameters for selecting true-value stocks include P/CF less than or equal to the industry median, a minimum stock price of $5, and an average 20-day trading volume exceeding 100,000 [8] Company Analysis - StoneCo Ltd. (STNE) has a Zacks Rank of 1, with a trailing four-quarter earnings surprise of 5.8% and a Value Score of B, despite a 36.9% decline in shares over the past year [11][12] - Associated Banc-Corp (ASB) holds a Zacks Rank of 2, with expected sales growth of 9.9% and EPS growth of 2.1% for the current financial year, while shares have decreased by 8.1% [12][13] - EnerSys (ENS) also has a Zacks Rank of 2, with projected sales growth of 1% and EPS growth of 19.8%, and a Value Score of A, despite a 13.4% drop in shares [14] - General Motors (GM) carries a Zacks Rank of 2, with an expected EPS growth of 8.6% and a trailing earnings surprise of 15.8%, while shares have dipped by 3.3% [15]

Core Viewpoint - Associated Banc-Corp is set to release its first quarter 2025 financial results on April 24, 2025, after market close, and will host a conference call for investors and analysts at 4:00 p.m. Central Time on the same day [1]. Group 1: Financial Results Announcement - The company will announce its first quarter 2025 financial results on April 24, 2025, after market close [1]. - A conference call for investors and analysts is scheduled for 4:00 p.m. Central Time on the same day [1]. Group 2: Accessing the Conference Call - Interested parties can access the live webcast through the Investor Relations section of the company's website [2]. - Participants can also dial into the call using domestic and international numbers provided [2]. - Financial tables and a slide presentation will be available on the company's website prior to the call, with an audio archive expected shortly after the call concludes [2]. Group 3: Company Overview - Associated Banc-Corp has total assets of $43 billion and is the largest bank holding company based in Wisconsin [3]. - The company operates nearly 200 banking locations serving over 100 communities across Wisconsin, Illinois, and Minnesota, with additional loan production offices in several other states [3].

Core Viewpoint - Associated Banc-Corp (ASB) has shown a downtrend recently, losing 6.9% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, with selling pressure likely subsiding, which could lead to a bullish trend for ASB [2][4]. - The hammer pattern forms when there is a small candle body with a long lower wick, suggesting that despite a downtrend, buyers are starting to enter the market [3][4]. - This pattern can occur across various timeframes and is utilized by both short-term and long-term investors [4]. Fundamental Analysis - Recent upward revisions in earnings estimates for ASB serve as a bullish indicator, correlating strongly with near-term stock price movements [6]. - Over the last 30 days, the consensus EPS estimate for ASB has increased by 1.9%, indicating that analysts expect better earnings than previously predicted [7]. - ASB holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [8].

Core Viewpoint - Associated Banc-Corp (ASB) is currently viewed as a better value opportunity compared to Commerce Bancshares (CBSH) based on various valuation metrics [1][7]. Valuation Metrics - ASB has a forward P/E ratio of 10.08, while CBSH has a forward P/E of 16.27 [5]. - ASB's PEG ratio is 0.97, indicating a more favorable valuation relative to its expected earnings growth, compared to CBSH's PEG ratio of 2.10 [5]. - ASB's P/B ratio stands at 0.85, suggesting it is undervalued compared to CBSH's P/B ratio of 2.47 [6]. - Based on these metrics, ASB holds a Value grade of B, while CBSH has a Value grade of D [6]. Earnings Outlook - Both ASB and CBSH have a Zacks Rank of 1 (Strong Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3].

Capital Requirements and Regulatory Compliance - The Bank continues to exceed all capital requirements necessary to be deemed "well-capitalized" for regulatory purposes[76] - As of December 31, 2024, the Bank satisfied the capital requirements necessary to be deemed "well-capitalized"[85] - The Corporation's capital ratios were in excess of regulatory minimum requirements as of December 31, 2024[451] - CET1 capital increased to $3,396,836 thousand in 2024 from $3,074,938 thousand in 2023, reflecting a growth of 10.5%[454] - Total capital rose to $4,282,597 thousand in 2024, up from $3,997,205 thousand in 2023, marking a 7.2% increase[454] - CET1 capital ratio improved to 10.01% in 2024 compared to 9.39% in 2023, indicating a stronger capital position[454] Deposits and Funding - The estimated level of uninsured deposits was $15.5 billion as of December 31, 2024[89] - Total deposits rose to $34.6 billion, up $1.2 billion, or 4%, with significant increases in other time deposits by $832 million, or 29%, and savings by $298 million, or 6%[353] - Noninterest-bearing demand deposits decreased to $5.78 billion, representing 17% of total deposits, down from 18% in 2023[417] - Total AFS securities amounted to $4.61 billion with a weighted average yield of 5.31%[415] - Total HTM securities were $3.74 billion with a weighted average yield of 2.86%[415] - The corporation had $7.1 billion available for future funding from lines of credit with the Federal Reserve Bank and FHLB as of December 31, 2024[425] Loan Performance and Credit Quality - Total loans reached $29.8 billion, an increase of $552 million, or 2%, driven by a $924 million, or 9%, rise in commercial and business lending and a $554 million, or 25%, increase in auto finance[353] - The total nonperforming assets amounted to $144,164,000, a decrease from $160,421,000 in 2023, reflecting a reduction of approximately 10%[382] - The nonaccrual loans to total loans ratio improved to 0.41% in 2024 from 0.51% in 2023, indicating better asset quality management[382] - The allowance for credit losses on loans to nonaccrual loans ratio increased to 326.40% in 2024 from 258.98% in 2023, indicating a stronger reserve position[382] - The total loans charged off amounted to $76.415 million in 2024, up from $58.768 million in 2023, indicating a significant increase in credit losses[391] Income and Expenses - Fully tax-equivalent net interest income increased by $3 million, while net interest income rose by $8 million, or 1%, compared to 2023[339] - Noninterest income decreased significantly, with total noninterest loss income reported at $(9,407) thousand in 2024, a decline of $72,589 thousand from 2023[344] - Personnel costs increased by $19,601 thousand in 2024, reflecting the Corporation's ongoing growth strategy[347] - Total noninterest expense increased slightly by $4,715 thousand in 2024, totaling $818,397 thousand, with notable increases in personnel and technology expenses[347] Risk Management and Compliance - The Corporation's Environmental Risk Management Policy aims to integrate environmental sustainability into its risk management processes[129] - The proposed rule by FinCEN aims to strengthen AML/CFT programs, requiring periodic risk assessments and independent testing[114] - The company must notify regulators of cybersecurity incidents within 36 hours as per new federal banking agency rules[105] - The Corporation's credit risk management includes detailed underwriting procedures and ongoing borrower reviews to mitigate potential risks[361] Market and Economic Conditions - The Economic Growth Act raised the asset threshold for stress testing requirements from $10 billion to $250 billion[78] - The Dodd-Frank Act authorized a permanent increase in deposit insurance to $250,000 per depositor, per IDI[86] - The SEC finalized climate-related disclosure rules in March 2024, although these rules are currently stayed pending litigation[128] Financial Performance Metrics - Adjusted net income available to common equity was $118,253 thousand in 2024, down from $178,064 thousand in 2023, a decrease of 33.6%[457] - Return on average equity decreased to 2.86% in 2024 from 4.45% in 2023, reflecting challenges in profitability[457] - The efficiency ratio as defined by the Federal Reserve was 69.58% in 2024, slightly improved from 69.70% in 2023[457] - Tangible common equity to tangible assets ratio increased to 7.82% in 2024 from 7.11% in 2023, showing enhanced capital efficiency[457]