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Associated BancCorp (ASB)

(Delayed Data from NYSE)

$21.16 USD

21.16
2,315,771

-0.91 (-4.12%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $21.15 -0.01 (-0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value F Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 15% (37 out of 251)

Industry: Banks - Midwest

Better trading starts here.

Balance Sheet

Research for ASB

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Associated BancCorp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 924 621 1,026 716 589
Receivables 29,035 28,631 24,025 24,158 22,620
Notes Receivable 0 0 0 0 0
Inventories 123 20 137 129 151
Other Current Assets 0 0 0 0 0
Total Current Assets 30,082 29,273 25,188 25,003 23,360
Net Property & Equipment 373 377 385 419 435
Investments & Advances 7,732 7,023 6,758 5,148 5,710
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 1,230 1,232 1,218 1,220 1,332
Deposits & Other Assets 1,599 1,501 1,556 1,630 1,549
Total Assets 41,016 39,406 35,104 33,420 32,386
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 327 606 354 252 465
Accounts Payable 33,446 29,636 28,466 26,482 23,779
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 553 541 349 364 490
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 34,326 30,784 29,169 27,099 24,734
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,481 4,568 1,870 2,182 3,730
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 35 39 40 48 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 36,842 35,390 31,079 29,329 28,464
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 194 194 193 354 257
Common Stock (Par) 2 2 2 2 2
Capital Surplus 1,715 1,713 1,714 1,720 1,716
Retained Earnings 2,947 2,905 2,673 2,459 2,381
Other Equity -171 -273 -10 13 -33
Treasury Stock 512 525 546 456 400
Total Shareholder's Equity 4,174 4,015 4,025 4,091 3,922
Total Liabilities & Shareholder's Equity 41,016 39,406 35,104 33,420 32,386
Total Common Equity 3,980 3,821 3,832 3,737 3,665
Shares Outstanding 150.90 150.30 150.00 153.50 159.30
Book Value Per Share 26.37 25.43 25.54 24.35 23.01

Fiscal Year End for Associated BancCorp falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,040 852 924 713 630
Receivables 29,436 29,305 29,035 30,019 29,669
Notes Receivable NA 0 0 0 0
Inventories 84 52 123 55 53
Other Current Assets NA 0 0 0 0
Total Current Assets 30,478 30,209 30,082 30,786 30,352
Net Property & Equipment 370 368 373 373 375
Investments & Advances 7,947 7,751 7,732 7,697 7,746
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 1,227 1,228 1,230 1,237 1,230
Deposits & Other Assets 1,602 1,581 1,599 1,545 1,516
Total Assets 41,624 41,137 41,016 41,637 41,219
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 860 766 327 452 341
Accounts Payable 32,691 33,713 33,446 32,123 32,014
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 588 588 553 637 538
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities 34,139 35,067 34,326 33,212 32,893
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt 3,209 1,869 2,481 4,263 4,165
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 34 35 35 38
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 37,382 36,968 36,842 37,510 37,097
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 194 194 194 194 194
Common Stock (Par) 4,048 2 2 2 2
Capital Surplus NA 1,709 1,715 1,711 1,708
Retained Earnings NA 2,992 2,947 3,074 3,026
Other Equity NA -210 -171 -339 -292
Treasury Stock NA 518 512 515 515
Total Shareholder's Equity 4,242 4,169 4,174 4,128 4,123
Total Liabilities & Shareholder's Equity 41,624 41,137 41,016 41,637 41,219
Total Common Equity 4,048 3,975 3,980 3,934 3,929
Shares Outstanding 150.80 150.70 150.90 150.90 150.90
Book Value Per Share 26.85 26.37 26.37 26.07 26.04