Associated Banc-Corp
ASBA
New York Stock Exchange24.34
USD
-0.07
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Associated Banc-Corp
ASBA
(New York Stock Exchange)
Recent
price
24.34
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Associated Banc-Corp is a bank holding company primarily engaged in providing banking and financial services through its subsidiary, Associated Bank, N.A. Founded in 1873 and headquartered in Green Bay, Wisconsin, the company offers a comprehensive range of products and services including personal and consumer banking such as checking and savings accounts, home equity lines of credit, unsecured personal loans, auto and recreational vehicle loans, credit cards, certificates of deposit, money market accounts, digital banking, telephone banking, and insurance. On the business side, it provides business checking and savings accounts, treasury management, business credit and lending, payroll services, merchant services, ACH origination, remote deposit capture, fraud management, and international banking services. Additionally, Associated Banc-Corp delivers specialized benefit administration services, including flexible spending accounts, health reimbursement arrangements, COBRA administration, and prepaid cards. The company operates predominantly in the Midwest United States, serving more than 100 communities across Wisconsin, Illinois, Minnesota, and Missouri through nearly 200 branches. Its industry segments include Corporate and Commercial Specialty, Community, Consumer and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment offers lending and deposit solutions for larger businesses, developers, municipalities, not-for-profits, and financial institutions. A significant recent development for Associated Banc-Corp is its announced merger agreement with Omaha-based American National Corporation, a transaction valued at approximately $604 million and expected to close in the second quarter of 2026. This acquisition will merge American National Bank into Associated Bank, expanding Associated's presence into the Nebraska and Iowa markets, deepening its positioning in the Twin Cities (Minneapolis/St. Paul) area, and broadening its reach across strategic Midwest growth markets. Post-merger, Associated Banc-Corp will become the second-largest bank by deposit market share in the Omaha metropolitan statistical area and the tenth-largest in the Minneapolis/St. Paul MSA. This partnership aligns with Associated's customer-centric approach and aims to enhance its product and service offerings across an expanded client base while supporting community growth throughout the region. Overall, Associated Banc-Corp leverages a broad portfolio of banking and nonbanking financial products targeted at individuals, small to mid-sized businesses, and larger corporate clients across the Midwest, supported by recent strategic expansion through acquisitions to strengthen geographic and market presence.