Associated Banc-Corp is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 220 banking locations serving more than 120 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC.
Company profile
Ticker
ASB, ASB+E, ASB+F, ASBA
Exchange
Website
CEO
Philip Flynn
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Associated Trust Company • ABNA Investment Partners LLC • ABNA SPH, LLC • ACD Germania, LLC • Associated Community Development, LLC • Associated Investments Inc. • Associated Investment Services, Inc. • Associated Wisconsin Real Estate Corp. • Kellogg Asset Management, LLC • Milwaukee Center Management, LLC ...
IRS number
391098068
ASB stock data
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
10 Mar 23
DEFA14A
Additional proxy soliciting materials
10 Mar 23
DEF 14A
Definitive proxy
10 Mar 23
CERT
Certification of approval for exchange listing
28 Feb 23
8-A12B
Registration of securities on exchange
28 Feb 23
8-K
Regulation FD Disclosure
13 Feb 23
10-K
2022 FY
Annual report
13 Feb 23
8-K
Other Events
10 Feb 23
424B5
Prospectus supplement for primary offering
8 Feb 23
FWP
Free writing prospectus
6 Feb 23
Transcripts
ASB
Earnings call transcript
2022 Q4
26 Jan 23
ASB
Earnings call transcript
2022 Q3
20 Oct 22
ASB
Earnings call transcript
2022 Q2
21 Jul 22
ASB
Earnings call transcript
2021 Q1
22 Apr 22
ASB
Earnings call transcript
2021 Q4
21 Jan 22
ASB
Earnings call transcript
2021 Q3
22 Oct 21
ASB
Earnings call transcript
2021 Q2
23 Jul 21
ASB
Earnings call transcript
2021 Q1
23 Apr 21
ASB
Earnings call transcript
2020 Q4
22 Jan 21
ASB
Earnings call transcript
2020 Q3
22 Oct 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 621.46 mm | 621.46 mm | 621.46 mm | 621.46 mm | 621.46 mm | 621.46 mm |
| Cash burn (monthly) | (no burn) | 33.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 95.73 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 525.73 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 15.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
81.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 302 |
| Opened positions | 60 |
| Closed positions | 34 |
| Increased positions | 100 |
| Reduced positions | 95 |
| 13F shares | Current |
|---|---|
| Total value | 2.78 tn |
| Total shares | 122.32 mm |
| Total puts | 400.00 |
| Total calls | 154.30 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 20.18 mm | $465.96 bn |
| Vanguard | 15.55 mm | $359.09 bn |
| Dimensional Fund Advisors | 10.84 mm | $250.31 bn |
| FMR | 8.98 mm | $207.41 bn |
| STT State Street | 7.92 mm | $182.85 bn |
| GS Goldman Sachs | 3.15 mm | $72.76 bn |
| Pzena Investment Management | 3.11 mm | $71.81 bn |
| Alliancebernstein | 2.80 mm | $64.67 bn |
| Geode Capital Management | 2.76 mm | $63.73 bn |
| LSV Asset Management | 2.59 mm | $59.83 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Haddad Michael J | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 60 | 1.15 k | 9,221 |
| 15 Mar 23 | Gerken R Jay | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 60 | 1.15 k | 39,036 |
| 15 Mar 23 | Gerken R Jay | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 338 | 6.49 k | 38,976 |
| 15 Mar 23 | Greffin Judith P | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 60 | 1.15 k | 17,050 |
| 15 Mar 23 | Greffin Judith P | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 123 | 2.36 k | 16,990 |
| 15 Mar 23 | Jeffe Robert A | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 60 | 1.15 k | 44,143 |
| 15 Mar 23 | Jeffe Robert A | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 414 | 7.94 k | 44,083 |
| 15 Mar 23 | Nettles Cory L | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 60 | 1.15 k | 42,966 |
| 15 Mar 23 | Nettles Cory L | Common Stock $0.01 Par Value | Grant | Acquire A | No | No | 19.19 | 401 | 7.70 k | 42,906 |
Press releases
Associated Banc-Corp Increases Prime Rate
22 Mar 23
Associated Banc-Corp to Attend Three First Quarter 2023 Investor Events
1 Feb 23
Associated Banc-Corp Announces Dividends
1 Feb 23
Associated Banc-Corp Increases Prime Rate
1 Feb 23
Associated Banc-Corp Reports Fourth Quarter 2022 Earnings of $0.70 Per Common Share and $2.34 Per Common Share for the Full Year 2022
26 Jan 23