Steven Zandpour Buys Shares of Associated Banc-Corp
EVP Steven Zandpour purchased 82 shares of Associated Banc-Corp on June 15, 2026.
Key Points
- Steven Zandpour, EVP of Associated Banc-Corp, bought 82 shares on June 15, 2026, for $2,418.18 at an average price of $29.49.
- Associated Banc-Corp's stock trades at $29.34 with a market cap of $5.54 billion and a P/E ratio of 10.19.
- Analysts recently maintained or upgraded ratings with targets ranging from $27 to $33, reflecting varied sentiments.
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Steven Zandpour, Executive Vice President at Associated Banc-Corp, made a personal investment in the company by purchasing 82 shares on June 15, 2026. The transaction, valued at $2,418.18, was completed at an average price of $29.49 per share. This move was not part of a pre-planned trading program.
Insider Buying and Selling at Associated Banc-Corp
On June 15, 2026, several insiders at Associated Banc-Corp made purchases. Alongside Steven Zandpour, EVP and CFO Derek Meyer bought 127 shares at $29.22 each. Other insiders, including Michael Haddad and Kristen Ludgate, also acquired shares, with prices ranging from $29.22 to $29.49.
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, ending with 22,420,184 shares valued at about $579.8 million. Vanguard Portfolio Management LLC established a new position with 10,881,788 shares worth approximately $281.4 million. Dimensional Fund Advisors LP and State Street Corp also grew their stakes, adding 170,080 and 250,096 shares, respectively.
Associated Banc-Corp Stock Down 5.1%
Shares of Associated Banc-Corp (NYSE:ASB) are trading at $29.34. The company has a market capitalization of approximately $5.54 billion and a P/E ratio of 10.19. Its stock has fluctuated between a 52-week low of $22.48 and a high of $29.96. The 50-day moving average is $27.95, while the 200-day moving average is $26.59.
$ASB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In the latest earnings report, Associated Banc-Corp posted revenue of $1.47 billion, reflecting a 12.2% growth. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Investors are looking forward to the next earnings release on July 23, 2026.
Dividend
Associated Banc-Corp offers a dividend rate of $0.95 per share, yielding 3.24%. The dividend payout ratio stands at 32.64%.
Analysts Set New Price Targets
Analyst activity has been notable, with Barclays upgrading the stock to a "buy" with a $33 target on April 7, 2026. Keefe, Bruyette & Woods, Piper Sandler, and Baird maintained "hold" ratings with targets around $30. The consensus target is $31, based on nine analyst opinions.
About Associated Banc-Corp
Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is a regional bank holding company providing a broad range of banking and financial services. It operates in Wisconsin, Illinois, Missouri, Texas, and Minnesota, offering commercial loans, real estate financing, and a suite of personal and business banking solutions. Under the leadership of CEO Andrew John Harmening, the company employs about 3,934 people.
Bottom Line
Steven Zandpour's recent purchase of Associated Banc-Corp shares adds to the insider activity at the company, reflecting personal investment confidence. With a solid market presence and recent analyst ratings showing a mix of holds and buys, Associated Banc-Corp remains a company to watch in the banking sector. Remember, insider transactions are just one piece of the puzzle and may not indicate future performance.
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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.