Cory Nettles Buys Shares of Associated Banc-Corp

Cory Nettles recently purchased 382 shares of Associated Banc-Corp (NYSE:ASB) on June 15, 2026. He bought these shares at an average price of $29.22 each, for a total transaction value of $11,162.04. This move was not part of a pre-planned trading scheme.

Other Institutional Activity in Associated Banc-Corp

Several institutional investors have been active in Associated Banc-Corp. BlackRock, Inc. increased its holdings by 1,214,530 shares, ending with a total of 22,420,184 shares worth about $579.79 million. Vanguard Portfolio Management LLC added 10,881,788 shares, bringing its total to the same number, valued at approximately $281.40 million. Dimensional Fund Advisors LP grew its stake by 170,080 shares, reaching 9,811,228 shares valued at $253.71 million. Meanwhile, State Street Corp increased its position by 250,096 shares, totaling 8,961,442 shares worth $231.74 million.

Associated Banc-Corp Stock Down 5.1%

Shares of Associated Banc-Corp (NYSE:ASB) recently traded at $29.34. The company boasts a market cap of $5.54 billion, with a P/E ratio of 10.19 and a forward P/E of 9.07. The stock's beta is 0.788, indicating lower volatility compared to the market. The 52-week range for the stock is between $22.48 and $29.96, with a 50-day moving average of $27.95 and a 200-day moving average of $26.59.

Recent Earnings

Associated Banc-Corp reported revenue of $1.47 billion, reflecting a growth rate of 12.2%. The company's net margin stands at 33.43%, with a return on equity of 10.18%. Earnings per share (EPS) was reported at $2.88. The next earnings report is expected on July 23, 2026.

Dividend

Associated Banc-Corp pays an annual dividend rate of $0.95 per share, yielding 3.24%. The dividend payout ratio is 32.64%, which indicates the portion of earnings distributed to shareholders in dividends.

Insider Buying and Selling at Associated Banc-Corp

On June 15, 2026, several insiders made purchases of Associated Banc-Corp shares. Michael Haddad bought 33 shares at $29.41 and an additional 38 shares at $29.22. John Utz, Executive Vice President, acquired 46 shares at $29.49. Kristen Ludgate purchased 38 shares at $29.22, and Derek Meyer, EVP and Chief Financial Officer, bought 127 shares at the same price.

Analysts Set New Price Targets

On April 24, 2026, Keefe, Bruyette & Woods maintained a hold rating with a price target of $31. Piper Sandler and Baird also maintained hold ratings with targets of $30. On April 7, 2026, Barclays upgraded the stock to a buy with a target of $33. The consensus among analysts is a hold rating with a mean target price of $31, based on 9 analyst opinions.

About Associated Banc-Corp

Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. It offers a wide range of banking and nonbanking services, including commercial loans, real estate financing, and personal banking solutions. The company operates in several states, including Wisconsin, Illinois, and Texas. Led by CEO Andrew John Harmening, Associated Banc-Corp employs approximately 3,934 people.

Bottom Line

Cory Nettles' recent purchase of Associated Banc-Corp shares is part of a broader trend of insider buying at the company. With a solid market position and positive earnings growth, investors are keeping a close watch on Associated Banc-Corp. While 13F filings and insider transactions provide valuable insights, they are backward-looking and may not reflect current market conditions.