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Upturn AI SWOT - About
ASB 
Associated Banc-Corp (ASB)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
03/07/2025: ASB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -2.89% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/07/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.71B USD | Price to earnings Ratio 31.08 | 1Y Target Price 27.56 |
Price to earnings Ratio 31.08 | 1Y Target Price 27.56 | ||
Volume (30-day avg) 1457490 | Beta 0.89 | 52 Weeks Range 19.03 - 27.68 | Updated Date 03/30/2025 |
52 Weeks Range 19.03 - 27.68 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 4.11% | Basic EPS (TTM) 0.72 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.92% | Operating Margin (TTM) -353.45% |
Management Effectiveness
Return on Assets (TTM) 0.29% | Return on Equity (TTM) 2.81% |
Valuation
Trailing PE 31.08 | Forward PE 9.25 | Enterprise Value 6010295808 | Price to Sales(TTM) 3.89 |
Enterprise Value 6010295808 | Price to Sales(TTM) 3.89 | ||
Enterprise Value to Revenue 6.4 | Enterprise Value to EBITDA - | Shares Outstanding 165639008 | Shares Floating 162635587 |
Shares Outstanding 165639008 | Shares Floating 162635587 | ||
Percent Insiders 0.79 | Percent Institutions 88.74 |
Analyst Ratings
Rating 3.11 | Target Price 27.78 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 8 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Associated Banc-Corp
Company Overview
History and Background
Associated Banc-Corp was founded in 1861 as Kellogg National Bank in Green Bay, Wisconsin. It has grown through acquisitions and organic growth to become one of the largest bank holding companies in the Midwest.
Core Business Areas
- Commercial Banking: Provides a range of financial services to businesses, including loans, deposit accounts, cash management, and international banking.
- Retail Banking: Offers personal banking services such as checking and savings accounts, mortgages, credit cards, and personal loans.
- Wealth Management: Provides wealth management and trust services to individuals and families.
Leadership and Structure
The leadership team includes President and CEO Andy Harmening. The organizational structure is a traditional bank holding company model with various business lines reporting to executive leadership.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes such as expansion, equipment financing, and working capital. Market share in the Wisconsin and surrounding markets is estimated to be around 5-7%. Competitors include BMO, US Bank, and regional banks.
- Mortgages: Residential mortgage loans for home purchases and refinancing. Market share in Wisconsin is around 4-6%. Competitors include national mortgage lenders like Rocket Mortgage and local banks.
- Checking Accounts: Personal and business checking accounts. It is hard to determine market share exactly, but it is estimated that Associated Banc-Corp has a good position in the regional markets where it operates. Competitors include Chase Bank and Wells Fargo.
Market Dynamics
Industry Overview
The banking industry is currently facing challenges such as rising interest rates, increased competition from fintech companies, and regulatory changes. The industry is still recovering from the effects of COVID-19 pandemic.
Positioning
Associated Banc-Corp is positioned as a regional bank focused on serving the Midwest market. Its competitive advantages include a strong local presence, established customer relationships, and a diversified product offering.
Total Addressable Market (TAM)
The TAM for banking services in the Midwest is estimated to be in the hundreds of billions of dollars. Associated Banc-Corp's position with respect to this TAM is as a mid-sized player with a focus on specific markets and customer segments.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Established customer relationships
- Diversified product offering
- Sound capital position
- Experienced management team
Weaknesses
- Limited geographic reach compared to national banks
- Higher expense ratio compared to top performing peers
- Exposure to regional economic conditions
- Brand recognition outside of core markets
Opportunities
- Expansion into new markets
- Increased adoption of digital banking technologies
- Strategic acquisitions
- Growth in wealth management business
- Increased focus on ESG (Environmental, Social, and Governance) initiatives
Threats
- Rising interest rates
- Increased competition from fintech companies
- Regulatory changes
- Economic downturn
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- USB
- BMO
- JPM
- WFC
- C
Competitive Landscape
Associated Banc-Corp competes with larger national banks and regional players. Its advantage lies in its local market expertise and customer relationships. Its disadvantage is its smaller size and limited geographic reach compared to the national banks.
Major Acquisitions
Whitnell & Co.
- Year: 2018
- Acquisition Price (USD millions): 30
- Strategic Rationale: Expanded wealth management business and presence in the Chicago market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends and compound annual growth rates (CAGR) in revenues and earnings would be numerically provided based on the most up-to-date data.
Future Projections: Analyst estimates for future revenue and EPS growth would be listed as data, indicating average expected growth rates.
Recent Initiatives: Recent strategic initiatives undertaken by Associated Banc-Corp would be outlined
Summary
Associated Banc-Corp is a regional bank with a strong presence in the Midwest. It has a diversified product offering and established customer relationships. The bank faces challenges from rising interest rates and increased competition from fintech companies, but its focus on local markets and strategic acquisitions positions it for continued growth.
Similar Companies
- HBAN
- CFG
- KEY
- RF
- FITB
Sources and Disclaimers
Data Sources:
- Associated Banc-Corp Investor Relations
- SEC Filings
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share and other data may be estimates. Consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Associated Banc-Corp
Exchange NYSE | Headquaters Green Bay, WI, United States | ||
IPO Launch date 1984-09-07 | President, CEO & Director Mr. Andrew John Harmening | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 4000 | Website https://www.associatedbank.com |
Full time employees 4000 | Website https://www.associatedbank.com | ||
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit. It also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, the company offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
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