Associated Banc-Corp (ASB)
Quantitative Summary
DeterministicAt 9.7x earnings — a 50% discount to the sector average of 19.2x — ASB is in the lower valuation range. Strong operational fundamentals (Piotroski 7/9) with Altman Z of 0.2. DCF fair value of $50 implies 80% upside from current prices based on model assumptions.
Generated deterministically from quant metrics and financial statements. Not a recommendation.
DCF Sandbox
Interactive5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.
The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 44% YoY revenue.
Sensitivity Matrix
| TG ↓ / WACC → | 6.7% | 8.7% | 10.7% |
|---|---|---|---|
| 2% | $62 | $45 | $35 |
| 3% | $74 | $50 | $38 |
| 4% | $96 | $58 | $42 |
Center = base case. Green = >10% upside, Red = >10% downside vs $27.59.
Pre-computed DCF: WACC=8.8%, terminal growth 3%. Fair value $50 (+79.5%). Not investment advice.
Valuation Context
Currently trading 22% above its 5-year average P/E of 8.1x.
Price Chart with Moving Averages
Technical Setup
AI GeneratedAssociated Banc-Corp currently trades at $27.22, a position that requires contextualizing against its moving averages to determine the prevailing trend direction and momentum strength. Without specific average values provided in this snapshot, the immediate assessment relies on interpreting how this price point interacts with historical cost bases; if the current level sits above key short-term and long-term moving averages, it typically signals an uptrend where buyers are maintaining control over sellers. Conversely, a position below these benchmarks would suggest downward pressure or a corrective phase within a broader bearish context. The Relative Strength Index serves as a critical gauge for short-term momentum dynamics at this specific price level. Although the exact RSI reading is not listed here, its value relative to standard thresholds like 30 or 70 offers insight into potential overbought or oversold conditions. A high reading near the upper extreme might indicate that recent gains have been aggressive and could face resistance, while a low reading approaching the lower boundary often points to depleted selling pressure and possible stabilization. Observing where these indicators align with the $27.22 price point helps clarify whether the asset is exhibiting strong bullish momentum or facing potential exhaustion in its current trajectory. Ultimately, the interplay between the current trading price of $27.22, the slope of moving averages, and the RSI value creates a composite picture of market sentiment for Associated Banc-Corp. These technical factors collectively highlight whether short-term forces are supporting further appreciation or if corrective
Quant Health Deep Dive
Profitability & Value Creation
✅ Conservative payout — room for dividend increases.
DuPont Analysis — ROE Decomposition
Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.
Balance Sheet Health
Insider Activity (Last 90 Days)
Open-market buys vs sells by company insiders. Source: yfinance.
Earnings Surprise History
EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.
Dividend History
| Date | Amount | Change |
|---|---|---|
| 2026-06-01 | $0.2400 | 0.0% |
| 2026-03-02 | $0.2400 | 0.0% |
| 2025-12-01 | $0.2400 | +4.3% |
| 2025-09-02 | $0.2300 | 0.0% |
| 2025-06-02 | $0.2300 | 0.0% |
| 2025-03-03 | $0.2300 | 0.0% |
| 2024-12-02 | $0.2300 | +4.5% |
| 2024-09-03 | $0.2200 | 0.0% |
| 2024-06-03 | $0.2200 | 0.0% |
| 2024-02-29 | $0.2200 | 0.0% |
| 2023-11-30 | $0.2200 | +4.8% |
| 2023-08-31 | $0.2100 | 0.0% |
Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Fundamentals
Passive Flow Attribution
ETF Draft EffectWhen investors buy or sell ETFs like KRE or KBE, the fund manager is mechanically forced to buy or sell ASB shares regardless of Associated Banc-Corp's individual fundamentals. We estimate $293M of passive capital is structurally linked to ASB through 8 tracked ETFs. Passive flows have a limited but growing influence on ASB's daily trading dynamics.
Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.
ETF Contagion Visualizer
Simulate a price drop in Associated Banc-Corp to visualize passive redemption contagion across ETFs and collateral stocks.
If Associated Banc-Corp (ASB) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies PINNACLE FINANCIAL PARTNERS (PNFP) as the most exposed collateral stock, sharing 3 ETFs with ASB. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.
Contagion model based on shared ETF exposure and constituent weights across 13 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.
ASB Ownership Dynamics
Passive funds hold 1 in every 17 ASB shares, reducing daily market volatility.
Associated Banc-Corp (ASB) exerts measurable gravity on the passive index market, currently representing 1.6% of the KRE (KRE) and 1.1% of the KBE (KBE). Across 13 tracked ETFs, approximately 11M shares (5.9% of float) are held by passive funds and rarely trade on the open market. As passive ownership grows, index inclusion changes may increasingly drive price discovery.
ETFs with Highest ASB Exposure
Float lock-up computed from 13 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).
ASB Institutional Volume Profile
252-day volume distribution by price level. The Point of Control (POC) marks — the price where the most institutional volume transacted — an implicit support/resistance floor.
The highest-volume price zone for Associated Banc-Corp over the past year sits near $25.02 (12% of 252-day volume). The current price of $27.59 trades 10.3% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (12% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.
Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.
Fails-to-Deliver (FTD) History
SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.
| Date | Failed Shares | Close Price | Notional Value |
|---|---|---|---|
| 2026-05-13 | 40,681 | $27.92 | $1.1M |
| 2026-05-05 | 1 | $27.89 | $27.89 |
| 2026-04-17 | 133 | $27.45 | $3,650.85 |
| 2026-03-31 | 121 | $24.96 | $3,020.16 |
| 2026-03-27 | 2,144 | $25.38 | $54,414.72 |
| 2026-03-25 | 2,116 | $24.96 | $52,815.36 |
| 2026-03-23 | 1,054 | $24.43 | $25,749.22 |
| 2026-03-13 | 763 | $24.70 | $18,846.1 |
| 2026-02-27 | 21 | $28.08 | $589.68 |
| 2026-02-09 | 1 | $29.37 | $29.37 |
| 2026-02-06 | 18 | $28.70 | $516.6 |
| 2026-02-04 | 2,176 | $28.24 | $61,450.24 |
| 2026-02-03 | 193 | $27.80 | $5,365.4 |
| 2026-01-26 | 4 | $26.44 | $105.76 |
| 2026-01-23 | 6,742 | $27.47 | $185,202.74 |
| 2025-12-17 | 517 | $26.76 | $13,834.92 |
| 2025-12-12 | 8,756 | $27.14 | $237,637.84 |
| 2025-12-01 | 341 | $26.29 | $8,964.89 |
| 2025-11-04 | 29 | $24.89 | $721.81 |
| 2025-10-30 | 1 | $24.82 | $24.82 |
| 2025-10-27 | 179 | $25.59 | $4,580.61 |
| 2025-10-24 | 200 | $25.32 | $5,064 |
| 2025-10-20 | 6 | $24.36 | $146.16 |
| 2025-10-15 | 207 | $26.37 | $5,458.59 |
| 2025-10-07 | 289 | $26.60 | $7,687.4 |
| 2025-10-06 | 1,992 | $26.00 | $51,792 |
Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.
Price Correlations
Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.
| Peer | 252-Day (1Y) | 126-Day (6M) | Direction |
|---|---|---|---|
| WTGXX | NaN | NaN | |
| FNB | 0.917 | 0.908 | High co-movement |
| ONB | 0.903 | 0.923 | High co-movement |
| FULT | 0.897 | 0.905 | High co-movement |
| WTFC | 0.892 | 0.892 | High co-movement |
| HWC | 0.891 | 0.872 | High co-movement |
| CFG | 0.878 | 0.871 | High co-movement |
| KEY | 0.877 | 0.876 | High co-movement |
| AUB | 0.870 | 0.863 | High co-movement |
| SSB | 0.869 | 0.863 | High co-movement |
Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.
Compare ASB to Peers
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.
SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.