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ASBAssociated Banc-CorpHold5.8·$28.34+2.02%
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Associated Banc-Corp (ASB) Stock Analysis

Breakout setup

HoldVALUE-TRAP 1/5Moderate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $28.34, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (3.9% away).

Associated Banc-Corp is the largest bank holding company headquartered in Wisconsin, operating 184 branches in a four-state upper Midwest footprint (Wisconsin, Illinois, Minnesota, Missouri) serving 100+ communities. Revenue comes from net interest income and fees across three... Read more

$28.34-0.6% A.UpsideScore 5.8/10#78 of 142 Banks - Regional
QualityF-score8 / 9FCF yield
IncomeYield3.42%(5y avg 3.86%)Payout32.64%sustainable
Stop $27.18Target $28.18(resistance)A.R:R -0.9:1
Analyst target$31.00+9.4%9 analysts
$28.18our TP
$28.34price
$31.00mean
$27
$34

Hold if already holding. Not a fresh buy at $28.34, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (3.9% away). Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Maintain position. Not compelling to add more. Score 5.8/10, moderate confidence.

Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 202644d to earnings· next earnings call

Thesis

Rewards
Sector modifier (Financial Services): +1.0
Strong earnings beat streak (4/4)
Attractive valuation
Risks
Analyst target reached - limited upside remaining
Near 52-week high (3.9% away)
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5)

Key Metrics

P/E (TTM)9.6
P/E (Fwd)8.6
Mkt Cap$5.2B
EV/EBITDA
Profit Mgn33.4%
ROE10.2%
Rev Growth12.2%
Beta0.79
Dividend3.42%
Rating analysts13

Quality Signals

Piotroski F8/9

Options Flow

P/C0.10bullish
IV93%elevated
Max Pain$13-55.9% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
2.1
52w Position
9.6
GatesA.R:R -0.9=NEGATIVEMomentum 6.6>=5.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
65 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $26.83Resistance $28.75

Price Targets

$27
$28
A.Upside-0.6%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-4.9% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-23 (44d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ASB stock a buy right now?

Hold if already holding. Not a fresh buy at $28.34, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (3.9% away). Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Maintain position. Not compelling to add more. Target $28.18 (-0.6%), stop $27.18 (−4.3%), A.R:R -0.9:1. Score 5.8/10, moderate confidence.

What is the ASB stock price target?

Take-profit target: $28.18 (-0.6% upside). Target $28.18 (-0.6%), stop $27.18 (−4.3%), A.R:R -0.9:1. Stop-loss: $27.18.

What are the risks of investing in ASB?

Analyst target reached - limited upside remaining; Near 52-week high (3.9% away); V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5).

Is ASB overvalued or undervalued?

Associated Banc-Corp trades at a P/E of 9.6 (forward 8.6). TrendMatrix value score: 8.1/10. Verdict: Hold.

What do analysts say about ASB?

13 analysts cover ASB with a consensus score of 3.7/5. Average price target: $31.

What does Associated Banc-Corp do?Associated Banc-Corp is the largest bank holding company headquartered in Wisconsin, operating 184 branches in a...

Associated Banc-Corp is the largest bank holding company headquartered in Wisconsin, operating 184 branches in a four-state upper Midwest footprint (Wisconsin, Illinois, Minnesota, Missouri) serving 100+ communities. Revenue comes from net interest income and fees across three segments; Associated Bank (national charter) is regulated by the OCC, the holding company by the Federal Reserve.

Related stocks: GABC (German American Bancorp, Inc.) · IFS (Intercorp Financial Services In) · CUBI (Customers Bancorp, Inc) · NIC (Nicolet Bankshares Inc.) · WSBC (WesBanco, Inc.)
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