Michael Haddad Buys Shares of Associated Banc-Corp
Michael Haddad acquired 38 shares of Associated Banc-Corp on June 15, 2026.
Key Points
- Michael Haddad purchased 38 shares of Associated Banc-Corp at $29.22 each on June 15, 2026.
- Associated Banc-Corp, trading on the NYSE, has a market cap of $5.54 billion and a P/E ratio of 10.19.
- Analysts like Barclays and Stephens & Co. have set new price targets, with Barclays upgrading the stock to 'buy' with a $33 target.
On June 15, 2026, Michael Haddad bought 38 shares of Associated Banc-Corp (NYSE: ASB) at an average price of $29.22 per share. This insider purchase was not part of a pre-arranged trading plan.
Insider Buying and Selling at Associated Banc-Corp
Michael Haddad was not the only insider buying on June 15. Other key figures such as John Utz, Executive Vice President, purchased 46 shares at $29.49 each, and Derek Meyer, EVP and Chief Financial Officer, bought 127 shares at $29.22. These transactions suggest confidence among top executives in the company's future.
Other Institutional Activity in Associated Banc-Corp
Several institutional investors have also been active in Associated Banc-Corp. BlackRock, Inc. increased its position by 1,214,530 shares, bringing its total to 22,420,184 shares valued at about $579.8 million. Vanguard Portfolio Management LLC added 10,881,788 shares, now holding shares worth $281.4 million. Dimensional Fund Advisors LP grew its stake by 170,080 shares, ending with 9,811,228 shares valued at approximately $253.7 million.
Associated Banc-Corp Stock Snapshot
Shares of Associated Banc-Corp are currently trading at $29.34 on the NYSE. The company has a market capitalization of approximately $5.54 billion and a P/E ratio of 10.19. The stock's 52-week range has been between $22.48 and $29.96. Its 50-day moving average is $27.95, while the 200-day moving average stands at $26.59.
Recent Earnings
Associated Banc-Corp reported revenue of about $1.47 billion, with a revenue growth rate of 12.2%. The company achieved a net margin of 33.43% and a return on equity of 10.18%. The next earnings report is anticipated on July 23, 2026.
Dividend
The company pays an annual dividend of $0.95 per share, yielding 3.24% based on current prices. The dividend payout ratio is 32.64%, reflecting a sustainable dividend policy.
Analysts Set New Price Targets
On April 24, 2026, Keefe, Bruyette & Woods maintained a 'hold' rating with a $31 price target. Similarly, Piper Sandler and Baird also maintained their 'hold' ratings with a $30 target. Barclays upgraded the stock to 'buy' with a $33 target on April 7, 2026. The consensus target price is $31, with nine analysts providing insights.
About Associated Banc-Corp
Associated Banc-Corp is a regional bank holding company based in Green Bay, Wisconsin. It offers a wide range of banking and nonbanking services to individuals and businesses across several states including Wisconsin, Illinois, and Minnesota. Led by CEO Andrew John Harmening, the company employs nearly 4,000 people and has been in operation since 1861.
Bottom Line
Insider buying activity, including that by Michael Haddad, indicates confidence in Associated Banc-Corp's prospects. The company continues to show robust financial performance with solid earnings and a stable dividend. Institutional investors and analysts are keeping a close watch, with recent upgrades and price target adjustments reflecting varied sentiments in the market.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
