Associated Banc-Corp (ASB) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.76
- Estimate
- $0.76
- Surprise
- +0.1%
- Score at report (before → after)
- 6.2 → 6.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Associated Banc-Corp (ASB) reported adjusted EPS of $0.76, in line with the $0.76 estimate. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ASB Buy (Wait) at 6.4/10.
2 of the last 4 quarters beat the estimate; this quarter's +0.1% surprise compares with a +1.0% four-quarter average.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Positive news sentiment (+0.60)
What argues against it
- Concentration risk — Loan Portfolio: commercial loans (65.0%)
- Concentration risk — Regulatory: OCC
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $29.81
- Entry target
- $28.14
- Price target
- $29.93
- Stop
- $27.15
- Upside to target
- +0.4%
- Reward-to-risk
- 0.1:1
The stock trades at 10.4× trailing but 8.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.
ASB at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Banks - Regional
- Market cap
- $5.63B
- P/E (fwd)
- 8.8
- P/E (ttm)
- 10.4
- 52-week range
- $23.87–$32.46
- Off 52-week high
- 8.2%
- RSI (14)
- 60
- Volume vs avg
- 1.65×
- Score today
- 6.4/10