Derek Meyer Purchases Shares of Associated Banc-Corp

On June 15, 2026, Derek Meyer, the Executive Vice President and Chief Financial Officer of Associated Banc-Corp, bought 127 shares of the company. He acquired these shares at an average price of $29.22 each, bringing the total transaction value to $3,710.94. This purchase was not part of a pre-planned trading program.

Other Institutional Activity in Associated Banc-Corp

BlackRock, Inc. increased its holdings in Associated Banc-Corp by adding 1,214,530 shares, bringing its total to 22,420,184 shares valued at about $579.8 million. Vanguard Portfolio Management LLC took on a new position with 10,881,788 shares valued at approximately $281.4 million. Dimensional Fund Advisors LP grew its stake by 170,080 shares, reaching a total of 9,811,228 shares worth $253.7 million. State Street Corp added 250,096 shares, ending with 8,961,442 shares valued at $231.7 million. Meanwhile, First Trust Advisors LP made a significant increase of 3,347,699 shares, totaling 5,971,227 shares with a value of $154.4 million.

Associated Banc-Corp Stock Down 5.1%

Shares of NYSE:ASB traded around $29.34. Associated Banc-Corp has a market capitalization of $5.54 billion and a P/E ratio of 10.19. The stock's 52-week range is between $22.48 and $29.96. Its 50-day moving average is $27.95, while the 200-day moving average is $26.59. The company has a beta of 0.788, indicating lower volatility compared to the market.

Recent Earnings

In its most recent quarter, Associated Banc-Corp reported revenue of $1.47 billion, reflecting a growth rate of 12.2%. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Earnings per share stood at $2.88. The next earnings report is anticipated on July 23, 2026.

Dividend

Associated Banc-Corp offers an annual dividend rate of $0.95, yielding 3.24%. The dividend payout ratio is 32.64%, indicating the portion of earnings distributed to shareholders.

Insider Buying and Selling at Associated Banc-Corp

Besides Derek Meyer's purchase, several other insiders bought shares on June 15, 2026. Michael Haddad acquired 33 and 38 shares at prices of $29.41 and $29.22, respectively. John Utz, Executive Vice President, purchased 46 shares at $29.49. Kristen Ludgate and Cory Nettles bought 38 and 382 shares at $29.22 each.

Analysts Set New Price Targets

On April 24, 2026, Keefe, Bruyette & Woods maintained a hold rating with a price target of $31.00. Piper Sandler and Baird also maintained hold ratings with targets of $30.00. Barclays upgraded the stock to a buy with a target of $33.00 on April 7, 2026. The consensus among analysts is a hold with an average price target of $31.00 based on nine analyst opinions.

About Associated Banc-Corp

Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. It provides a wide range of banking and financial services to individuals and businesses. The company's offerings include commercial and residential loans, deposit products, cash management, and trust services. With operations across several states, including Wisconsin, Illinois, and Texas, it employs approximately 3,934 people under the leadership of CEO Andrew John Harmening.

Bottom Line

Derek Meyer's recent purchase of Associated Banc-Corp shares is a notable insider transaction. Investors often track such moves to gauge company sentiment. While this filing provides insight into past insider activity, it doesn't necessarily reflect the current position. As always, 13F filings are backward-looking and should be considered as part of a broader investment analysis.