In addition to James Yee, 6 other ASB executives reported Sell trades in the last month. Following James Yee’s last ASB Sell transaction on August 08, 2016, the stock climbed by 1.2%.
Based on Associated Banc-Corp’s latest earnings report from September 30, the company posted quarterly revenue of $294.7M and quarterly net profit of $53.82M. In comparison, last year the company earned revenue of $269.9M and had a net profit of $49.44M. The company has a one year high of $20.90 and a one year low of $15.45. ASB’s market cap is $3.07B and the company has a P/E ratio of 17.06.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy ASB with a $23 price target. Four different firms, including D.A. Davidson and Evercore ISI, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $20.75, reflecting a -2.2% downside.
The insider sentiment on Associated Banc-Corp has been positive according to 182 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Associated Banc-Corp. operates as a bank holding company, through which offers various banking and nonbanking financial services to individuals and businesses. The company operates through its segments: Corporate and Commercial Specialty, Community, Consumer, and Business and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves customers including, larger businesses, developers, non-profits, municipalities, and financial institutions. This segment based on an in-depth understanding of customers financial needs, the ability to match market competitive solutions to those needs, and the highest standards of relationship and service excellence in the delivery of these services. The Community & Consumer, and Business segment serves individuals, as well as small and mid-sized businesses. This segment based on providing a broad range of solutions to meet the needs to customers in their entire financial lifecycle, convenient access to services through multiple channels such as branches, phone based services, online and mobile banking, and a relationship based business model which assists customers in navigating any changes and challenges in their financial circumstances. The Risk Management and Shared Services segment includes Corporate Risk Management, Credit Administration, Finance, Treasury, Operations, and Technology, which are key shared functions. The segment also includes Parent Company activity, intersegment eliminations and residual revenue and expenses, representing the difference between actual amounts incurred and the amounts allocated to operating segments, including interest rate risk residuals and credit risk and provision residuals. Associated Banc was founded in 1964 and is headquartered in Green Bay, WI.