Anchor BanCorp Wisconsin Inc.
ABCW
NASDAQ47.86
USD
+1.74
- -
Anchor BanCorp Wisconsin Inc.
ABCW
(NASDAQ)
Recent
price
47.86
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Anchor BanCorp Wisconsin Inc. served as a financial holding company, with its primary subsidiary being AnchorBank, fsb, a community-focused financial institution established in 1919 and headquartered in Madison, Wisconsin. The company delivered a comprehensive array of financial services to both individual and business clients across Wisconsin, particularly within the Madison, Milwaukee, and Fox Valley areas. Its offerings encompassed retail and commercial banking, residential mortgages, consumer lending, and various investment products. Following significant financial difficulties stemming from the Great Recession, Anchor BanCorp underwent a Chapter 11 bankruptcy reorganization and secured a $175 million recapitalization in 2013, which helped stabilize its operations. The company subsequently returned to the public market in 2014. In a notable strategic development, Anchor BanCorp Wisconsin Inc. was acquired by Old National Bancorp in a $461 million cash and stock transaction, first announced in January 2016 and finalized during the second quarter of that year. This acquisition integrated AnchorBank's network of branches into Old National Bank, marking the cessation of Anchor BanCorp Wisconsin Inc. as an independent operating entity.