Van Lith Karen Buys Shares of Associated Banc-Corp
Van Lith Karen acquired 393 shares of Associated Banc-Corp, valued at $11,483.46.
Key Points
- Van Lith Karen bought 393 shares of Associated Banc-Corp at $29.22 each, totaling $11,483.46 on June 15, 2026.
- Associated Banc-Corp has a market cap of $5.54 billion, a P/E ratio of 10.19, and a 52-week high of $29.96.
- Peers like BlackRock and State Street Corp adjusted their holdings in Associated Banc-Corp recently.
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On June 15, 2026, Van Lith Karen purchased 393 shares of Associated Banc-Corp (NYSE:ASB) at an average price of $29.22 per share. This acquisition was valued at $11,483.46 and was not part of a pre-planned trading program.
Other Institutional Activity in Associated Banc-Corp
In recent institutional activity, BlackRock, Inc. increased its holdings in Associated Banc-Corp by 1,214,530 shares, bringing its total to 22,420,184 shares valued at approximately $579.79 million. Vanguard Portfolio Management LLC initiated a position with 10,881,788 shares worth about $281.40 million. Dimensional Fund Advisors LP added 170,080 shares, ending with 9,811,228 shares valued at $253.71 million. State Street Corp also grew its position by 250,096 shares, totaling 8,961,442 shares valued at $231.74 million. First Trust Advisors LP notably boosted its stake by 3,347,699 shares, now holding 5,971,227 shares valued at $154.42 million.
Associated Banc-Corp Stock Down 5.1%
Shares of Associated Banc-Corp traded near $29.34. The company has a market capitalization of $5.54 billion and a P/E ratio of 10.19. It shows a forward P/E of 9.07 and a beta of 0.788, indicating relatively low volatility compared to the market. The stock's 52-week range spans from $22.48 to $29.96, with a 50-day moving average of $27.95 and a 200-day moving average of $26.59.
$ASB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its recent earnings report, Associated Banc-Corp posted a revenue of $1.47 billion, reflecting a 12.2% increase. The company's net margin stood at 33.43%, with a return on equity of 10.18%. The next earnings release is expected 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 a sustainable dividend relative to earnings.
Insider Buying and Selling at Associated Banc-Corp
On June 15, 2026, several insiders bought shares of Associated Banc-Corp. Michael Haddad purchased 33 shares at $29.41 and 38 shares at $29.22. John Utz, Executive Vice President, acquired 46 shares at $29.49. Kristen Ludgate and Derek Meyer, EVP and CFO, each bought 38 and 127 shares at $29.22, respectively. Cory Nettles also bought 382 shares at $29.22. None of these transactions were part of pre-planned trading programs.
Analysts Set New Price Targets
On April 24, 2026, Keefe, Bruyette & Woods maintained a 'hold' rating with a $31 price target. Piper Sandler and Baird also held their 'hold' ratings with $30 targets. Barclays upgraded the stock to 'buy' on April 7, 2026, with a $33 target. The consensus price target is $31 from nine analysts.
About Associated Banc-Corp
Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is a bank holding company providing a range of financial services. It operates primarily in Wisconsin, Illinois, Missouri, Texas, and Minnesota, offering commercial loans, real estate financing, and various banking services. Led by CEO Mr. Andrew John Harmening, the company employs 3,934 people.
Bottom Line
Van Lith Karen's recent purchase of Associated Banc-Corp shares adds to the insider activity at the company. Investors often track such transactions for potential signals about the company's prospects. However, it's important to remember that these filings reflect past transactions and may not indicate current or future positions.
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