Wende Kotouc Buys Shares of Associated Banc-Corp
Wende Kotouc purchased 29 shares of Associated Banc-Corp, totaling $847.38.
Key Points
- Wende Kotouc bought 29 shares of Associated Banc-Corp on June 15, 2026, at $29.22 per share, totaling $847.38.
- Associated Banc-Corp trades on the NYSE under ASB, with a market cap of $5.54 billion and a P/E ratio of 10.19.
- Major holders like BlackRock and Vanguard have increased their stakes in Associated Banc-Corp recently.
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On June 15, 2026, Wende Kotouc bought 29 shares of Associated Banc-Corp (NYSE: ASB) at an average price of $29.22 per share. The total transaction was valued at $847.38. This purchase was not part of a planned trading program.
Other Institutional Activity in Associated Banc-Corp
Several large institutional investors have also adjusted their positions in Associated Banc-Corp. BlackRock, Inc. increased its holdings by 1,214,530 shares, bringing its total to 22,420,184 shares worth about $579.8 million. Vanguard Portfolio Management LLC initiated a new position, acquiring 10,881,788 shares valued at approximately $281.4 million. Dimensional Fund Advisors LP added 170,080 shares, ending with 9,811,228 shares valued at around $253.7 million. State Street Corp grew its stake by 250,096 shares to 8,961,442 shares, worth about $231.7 million. First Trust Advisors LP significantly boosted its position, acquiring 3,347,699 shares, totaling 5,971,227 shares valued at $154.4 million.
Associated Banc-Corp Stock Down 5.1%
Shares of Associated Banc-Corp are trading near $29.34. The company has a market capitalization of approximately $5.54 billion and a P/E ratio of 10.19. Its 52-week trading range is between $22.48 and $29.96. The stock's 50-day moving average is $27.95, and its 200-day moving average is $26.59. Associated Banc-Corp has a beta of 0.788, indicating lower volatility compared to the market.
$ASB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its recent financial results, Associated Banc-Corp reported revenue of $1.47 billion, reflecting a growth of 12.2%. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Earnings per share came in at $2.88. The next earnings report is scheduled for July 23, 2026.
Dividend
Associated Banc-Corp offers an annual dividend rate of $0.95, resulting in a yield of 3.24%. The dividend payout ratio stands at 32.64%.
Insider Buying and Selling at Associated Banc-Corp
Alongside Wende Kotouc, several other insiders made recent purchases. Michael Haddad bought 33 shares at $29.41 and 38 shares at $29.22. John Utz, the Executive Vice President, acquired 46 shares at $29.49. Kristen Ludgate and Derek Meyer, EVP and CFO, each bought 38 shares at $29.22, while Cory Nettles purchased 382 shares at the same price.
Analysts Set New Price Targets
Analysts have been active in updating their views on Associated Banc-Corp. On April 24, 2026, Keefe, Bruyette & Woods maintained a 'hold' rating with a $31.00 price target. Piper Sandler and Baird also maintained 'hold' ratings with price targets of $30.00. Barclays upgraded the stock to 'buy' with a $33.00 target on April 7, 2026. The consensus among nine analysts is a 'hold', with a mean price target of $31.00.
About Associated Banc-Corp
Associated Banc-Corp is a bank holding company based in Green Bay, Wisconsin. It offers a wide range of banking and nonbanking services to individuals and businesses across several states, including Wisconsin, Illinois, and Minnesota. The company provides commercial loans, real estate financing, personal loans, and a variety of deposit products. Under the leadership of CEO Andrew John Harmening, Associated Banc-Corp employs around 3,934 people and has been serving customers since its founding in 1861.
Bottom Line
Wende Kotouc's recent purchase of Associated Banc-Corp shares adds to the growing interest from institutional investors. With a solid market presence and recent positive earnings, Associated Banc-Corp remains a focal point for investors. As always, remember that insider transactions are disclosed after the fact and may not indicate future intentions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
