How to Buy Associated Banc Stock
Associated Banc Corp
Associated Banc is a bank company located in Wisconsin, United States, which is part of the Financial Services sector, and is traded under the ticker ASB on the NYSE exchange.
Associated Banc stock last closed at $20.55, up 2.54% from the previous day, and has increased 11.38% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.01 percentage points. Associated Banc stock is currently +42.02% from its 52-week low of $14.47, and -7.27% from its 52-week high of $22.16.
As of Apr 19, 2024, there are 151.09M shares of ASB outstanding. The market cap of ASB is $3.10B. In the last 24 hours, 1.35M ASB shares were traded.
How to Buy Associated Banc Stock
Wondering how to invest in Associated Banc stock? Here's how.
- Figure out where to buy Associated Banc stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Associated Banc stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Research Associated Banc stock: The Associated Banc ticker symbol is ASB. Is Associated Banc stock a good investment? Should you buy shares of ASB? How do ASB's underlying business fundamentals look? Do top analysts think Associated Banc is a good buy? Why has ASB's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ASB is a good stock to buy).
- Place your ASB purchase: Decide if you will purchase ASB shares at the current market price or use a limit order to purchase ASB shares at a particular price.
- Get key alerts regarding your ASB investment: Create a watchlist to track your investment in Associated Banc stock.
Step 1: Figure out where to buy Associated Banc stock
You need a brokerage account in order to access the NYSE market and buy ASB stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can buy ASB today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on our top ranked stock app, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing funds into your new investment account.
Step 4: Research Associated Banc stock
After you have figured out the best place to buy Associated Banc stock, it's very important to research their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Associated Banc stock data
Associated Banc Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on ASB's stock page.
Is ASB stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ASB's fair value.
Using relative valuations ratios:
- ASB could be undervalued based on its P/E ratio of 18.03x, relative to Banks - Regional industry P/E ratio of -10.33x
- ASB could be undervalued based on its P/B ratio of 0.78x, relative to Banks - Regional industry P/B ratio of 0.97x
- ASB could be undervalued based on its PEG ratio of 0.26x
You can access additional valuation research on ASB's stock here.
Is ASB a healthy company?
Pros:
- ASB earnings of $206.05M is not enough to cover its interest payments.
Cons:
- Total ASB debt is higher than 5 years ago, relative to shareholder equity.
- ASB's operating cash flow of $442.74M allows it to safely service it's debt of $2.81B.
- ASB profit margin has gone down from 29.4% to 16.8% in the past year.
- ASB has a relatively high debt to equity ratio of 9.26.
Is it a good time to buy ASB stock, according to Wall Street analysts?
Out of 6 Wall Street analysts who give forecasts on ASB, the consensus analyst rating on ASB is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ASB Analyst Ratings
Christopher Mcgratty, a top 21% analyst from Keefe, Bruyette & Woods maintains ASB with a hold rating and raises their ASB price target from $20.00 to $21.00, on Dec 4, 2023.
You can dig deeper into what analysts are forecasting on the Associated Banc stock forecast page.
ASB Technical Indicators
ASB Performance Metrics
Last year, ASB earnings were $171.46M. During the last five year, ASB's earnings have grown by -9.9% per year. This was slower than the Banks - Regional industry average of 16.23%.
Last year, ASB revenue was $1.02B. Over the past 5 year, ASB's revenue has gone up by -3.76% per year. This was slower than the Banks - Regional industry average of 7.35%.
You can research ASB's earnings and revenue performance here.
Are ASB insiders buying or selling the stock?
In the last 12 months, insiders at ASB have bought more shares than they have sold.
Tammy C. Stadler, Principal Accounting Officer of ASB, was the latest ASB insider to buy. They bought $2,760.00 worth of ASB stock on Apr 15, 2024.
Learn more about who owns ASB shares here.
Does ASB stock generate passive income?
Associated Banc pays a dividend of 4.18%, compared to the Banks - Regional industry's average dividend yield of 3.89%. If you owned $1,000 of ASB stock, you would have been paid $41.85 in the past 12 months.
Associated Banc dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Associated Banc dividend yield and history here.
ASB Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your ASB purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Press the Open button and your broker will execute your order.
If you need more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your ASB investment
Now that you own some ASB stock, you'll want to keep up with your shares.
Make a watchlist to keep track of your ASB stock.
ASB Feed
How to Buy Stock in Associated Banc
To summarize, here are the 6 steps to buy Associated Banc stock:
- Figure out where to buy Associated Banc stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Associated Banc stock
- Place your ASB purchase
- Get key alerts regarding your ASB investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Associated Banc, click the button below.
Other "How To" Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.