Associated Banc-Corp

$ 29.20 0.90 %

Associated Banc-Corp (ASB) functions as a bank holding company, offering a broad spectrum of banking and nonbanking financial solutions to individual consumers and businesses throughout Wisconsin, Illinois, and Minnesota. The company's operations are divided into three distinct segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The Corporate and Commercial Specialty segment caters to businesses and institutions, providing diverse financing options such as commercial loans, lines of credit, real estate and construction financing, leasing, asset-based lending, and loan syndications. It also offers treasury and cash management services, including business checking and interest-bearing deposit accounts, cash vault services, liquidity solutions, and tools for managing payables and receivables. Specialized financial services encompass interest rate risk management, foreign exchange solutions, and commodity hedging. Fiduciary services include the administration of pension and employee benefit plans, corporate agency services, and institutional asset management. Furthermore, it assists clients with investable funds, offering savings and money market accounts, IRAs, Certificates of Deposit (CDs), fixed and variable annuities, comprehensive brokerage services (full-service, discount, and online), investment advisory, and trust and investment management accounts. Conversely, the Community, Consumer, and Business segment focuses on serving individual consumers and smaller enterprises. Its lending portfolio features residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, and business loans and lines of credit. For daily banking needs, this segment provides deposit and transactional services like checking accounts, various card options (credit, debit, and pre-paid), online banking with bill pay functionalities, and money transfer services. The Risk Management and Shared Services segment provides internal support for the company's overall operations. As of December 31, 2021, Associated Banc-Corp maintained a network of 215 banking branches. Established in 1861, the company's headquarters are located in Green Bay, Wisconsin.

CEO: Andrew John Harmening - https://www.associatedbank.com

Price objectif

$30 2.74 %

Recommandation

Hold

DCF

$ 10.77

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ASB vs S&P500

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Quick ratio

15.52

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

10.14

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

2.88

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

10.04 %

reflects reasonable profitability, showing good use of equity.

ROIC

6.45 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

13.37

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.88

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

3.73

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

34.26 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
8 indicates good financial health
Altman score
0.42 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
1.18 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.10 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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