Evaluating Associated Banc: Insights From 5 Financial Analysts

5 analysts have expressed a variety of opinions on Associated Banc ASB over the past quarter, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $23.2, with a high estimate of $25.00 and a low estimate of $22.00. This upward trend is apparent, with the current average reflecting a 7.91% increase from the previous average price target of $21.50.

Exploring Analyst Ratings: An In-Depth Overview

The perception of Associated Banc by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Associated Banc. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Associated Banc compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Associated Banc's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Associated Banc's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Associated Banc analyst ratings.

Unveiling the Story Behind Associated Banc

Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.

Associated Banc: A Financial Overview

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Challenges: Associated Banc's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -65.18%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Associated Banc's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -75.61%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Associated Banc's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -2.33%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Associated Banc's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.22%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Associated Banc's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.62, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.