Gregory Warsek Acquires Shares in Associated Banc-Corp
EVP Gregory Warsek bought 36 shares of Associated Banc-Corp, reflecting confidence in the company.
Key Points
- Gregory Warsek, EVP of Associated Banc-Corp, bought 36 shares at $29.22 each, totaling $1,051.92 on June 15, 2026.
- Associated Banc-Corp, trading at $29.34, has a market cap of $5.54 billion and a P/E ratio of 10.19.
- Analysts have set a mean price target of $31, with recent activity showing various insider buys in June 2026.
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On June 15, 2026, Gregory Warsek, Executive Vice President of Associated Banc-Corp, purchased 36 shares of the company at an average price of $29.22, amounting to a total transaction value of $1,051.92. This insider buying activity was not part of a prearranged trading plan.
Insider Buying and Selling at Associated Banc-Corp
On the same day, other insiders at Associated Banc-Corp were also active in the market. Michael Haddad bought 33 and 38 shares at prices of $29.41 and $29.22, respectively. John Utz, another Executive Vice President, acquired 46 shares at $29.49. Derek Meyer, EVP and CFO, purchased 127 shares at $29.22, while Kristen Ludgate and Cory Nettles bought 38 and 382 shares, respectively, at the same price.
Other Institutional Activity in Associated Banc-Corp
Several major funds have been adjusting their holdings in Associated Banc-Corp. BlackRock, Inc. increased its position by 1,214,530 shares, bringing its total to 22,420,184 shares valued at approximately $579.79 million. Vanguard Portfolio Management LLC added 10,881,788 shares, now holding the same amount worth around $281.40 million. Dimensional Fund Advisors LP also grew its stake by 170,080 shares, totaling 9,811,228 shares valued at about $253.71 million. State Street Corp added 250,096 shares, reaching 8,961,442 shares worth approximately $231.74 million. First Trust Advisors LP significantly increased its holdings by 3,347,699 shares, bringing its total to 5,971,227 shares valued at around $154.42 million.
Associated Banc-Corp Stock Down 5.1%
Shares of NYSE:ASB recently traded at $29.34. The company has a market capitalization of $5.54 billion and a P/E ratio of 10.19, with a forward P/E of 9.07. The stock's beta is 0.788, indicating lower volatility than the market average. Associated Banc-Corp'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
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%, and its return on equity is 10.18%. Earnings per share were reported at $2.88. The next earnings release is scheduled for July 23, 2026.
Dividend
The company offers an annual dividend rate of $0.95 per share, yielding 3.24%. The dividend payout ratio is 32.64%.
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 maintained 'hold' ratings with $30 targets. Earlier, on April 7, Barclays upgraded the stock to a 'buy' with a $33 target. The consensus among analysts is a 'hold' rating, with a mean price target of $31 based on nine opinions.
About Associated Banc-Corp
Associated Banc-Corp, headquartered in Green Bay, Wisconsin, operates as a bank holding company providing a wide range of financial services. It serves individuals and businesses across Wisconsin, Illinois, Missouri, Texas, and Minnesota. The company offers various lending solutions, deposit and cash management services, and investment products. Associated Banc-Corp was founded in 1861 and employs approximately 3,934 people under the leadership of CEO Andrew John Harmening.
Bottom Line
The recent insider buying activity at Associated Banc-Corp, including the purchase by EVP Gregory Warsek, suggests a positive sentiment among company executives. Investors often track such moves for potential insights into the company's prospects. However, it's important to remember that these transactions are historical and may not reflect current positions or future trends.
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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.
