Core Viewpoint - Associated Banc-Corp (ASB) is currently positioned as a more attractive value investment compared to Commerce Bancshares (CBSH) based on various financial metrics and earnings outlook [1][3][7]. Valuation Metrics - ASB has a forward P/E ratio of 10.47, significantly lower than CBSH's forward P/E of 17.32, indicating ASB may be undervalued [5]. - The PEG ratio for ASB is 1.58, while CBSH's PEG ratio is 2.24, suggesting ASB has a better balance between its earnings growth expectations and its valuation [5]. - ASB's P/B ratio stands at 0.86, compared to CBSH's P/B of 2.60, further highlighting ASB's relative undervaluation [6]. Earnings Outlook - ASB is experiencing an improving earnings outlook, which is a key factor in its strong Zacks Rank of 1 (Strong Buy), while CBSH holds a Zacks Rank of 3 (Hold) [3][7].

Group 1 - Associated Banc-Corp (ASB) is part of the Finance sector, which includes 871 individual stocks and holds a Zacks Sector Rank of 1, indicating strong performance relative to peers [2] - The Zacks Rank system emphasizes earnings estimates and revisions, with ASB currently holding a Zacks Rank of 1 (Strong Buy), suggesting potential for outperformance in the near term [3] - The Zacks Consensus Estimate for ASB's full-year earnings has increased by 4.3% in the past quarter, indicating improved analyst sentiment and an enhanced earnings outlook [4] Group 2 - ASB has achieved a year-to-date return of approximately 7.2%, outperforming the average gain of 6.6% for stocks in the Finance group [4] - ASB belongs to the Banks - Midwest industry, which consists of 29 stocks and is currently ranked 10 in the Zacks Industry Rank, with the industry averaging a gain of 5% this year [6] - In comparison, Interactive Brokers Group, Inc. (IBKR), another stock in the Finance sector, has a year-to-date return of 29.2% and is part of the Financial - Investment Bank industry, which has gained 14.1% since the beginning of the year [5][7]

Company Overview - Associated Banc-Corp (ASB) is headquartered in Green Bay and operates in the Finance sector [3] - The stock has experienced a price change of 5.31% since the beginning of the year [3] Dividend Information - The company currently pays a dividend of $0.23 per share, resulting in a dividend yield of 3.66% [3] - This yield is higher than the Banks - Midwest industry's yield of 2.77% and the S&P 500's yield of 1.49% [3] - The annualized dividend of $0.92 has increased by 3.4% from the previous year [4] - Over the past five years, ASB has raised its dividend four times, averaging an annual increase of 5.57% [4] - The current payout ratio is 42%, indicating that the company pays out 42% of its trailing 12-month EPS as dividends [4] Earnings Growth - The Zacks Consensus Estimate for ASB's earnings in 2025 is $2.41 per share, reflecting a year-over-year growth rate of 1.26% [5] Investment Appeal - ASB is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7] - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6]

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns Group 1: Company Performance - Victoria's Secret (VSCO) has seen a 17.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Associated BancCorp (ASB) has experienced a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Okta (OKTA) has reported a 6.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Playa Hotels & Resorts (PLYA) has seen a 5.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Deckers Outdoor (DECK) has experienced a 5.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [4]

GREEN BAY, Wis., Jan. 28, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the following events in the first quarter of 2025: BofA Securities 2025 Financial Services Conference in Miami, FL on February 11-12, 2025 2025 KBW Winter Financial Services Conference in Boca Raton, FL on February 12-14, 2025 2025 RBC Capital Markets Global Financial Institutions Conference in New York, NY on March 4-5, 2025Management also expects to present ...

Associated Banc-Corp’s (ASB) fourth-quarter 2024 adjusted earnings of 57 cents per share surpassed the Zacks Consensus Estimate of 55 cents. Also, the bottom line compared favorably with 53 cents earned in the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from an increase in net interest income (NII) and adjusted non-interest income. A rise in deposit balance and lower provisions acted as tailwinds. However, higher adjusted expenses were the undermi ...

Trademarks: All trademarks, service marks, and trade names referenced in this material are official trademarks and the property of their respective owners. Presentation: Strategic Update Presentation December 4, 2024 Associated Banc-Corp Important Disclosures Important note regarding forward-looking statements: Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements r ...

Financial Data and Key Metrics - The company raised over $300 million of new capital through a common stock issuance [2] - The company sold approximately $700 million in low-yielding mortgage loans and $1.3 billion worth of AFS securities as part of a balance sheet repositioning [2] - The company purchased $55 million in existing customer credit card balances [3] Business Line Data and Key Metrics - The company launched a new specialty deposit and payment solutions vertical to enhance its commercial capabilities [2] Market Data and Key Metrics - Unemployment rates in Wisconsin, Minnesota, and several other Midwestern states remain well below the national average of 4.1% [2] - Prime and super prime consumer borrowers have remained resilient, and commercial customers are cautiously optimistic about their growth prospects in 2025 [2] Company Strategy and Industry Competition - The company remains front-footed with the execution of its growth strategy, leveraging the stable economic environment in the Midwest [2] Management Commentary on Operating Environment and Future Outlook - The US economy, particularly in the Midwest, shows signs of strength and stability, which has supported the company's strategic initiatives [2] - Commercial customers are cautiously optimistic about growth prospects in 2025, reflecting a positive outlook for the company's business environment [2] Other Important Information - The company's Chief Financial Officer, Derek Meyer, and Chief Credit Officer, Pat Ahern, provided updates on margin, income statement, capital trends, and credit during the call [1] Q&A Session - No specific Q&A details were provided in the content

Associated Banc-Corp (ASB) reported $345.78 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 7.3%. EPS of $0.57 for the same period compares to $0.53 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $343.34 million, representing a surprise of +0.71%. The company delivered an EPS surprise of +3.64%, with the consensus EPS estimate being $0.55.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...

Associated Banc-Corp (ASB) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.64%. A quarter ago, it was expected that this bank holding company would post earnings of $0.51 per share when it actually produced earnings of $0.56, delivering a surprise of 9.80%.Over the last four quarter ...