John Utz Buys Shares of Associated Banc-Corp

John Utz, Executive Vice President of Associated Banc-Corp, made a notable purchase of company stock on June 15, 2026. He bought 441 shares at an average price of $29.22, for a total value of $12,886. This transaction was not a part of a pre-planned trading program.

Other Institutional Activity in Associated Banc-Corp

Several major funds have been active in Associated Banc-Corp. BlackRock, Inc. increased its holdings by 1,214,530 shares, bringing its total to 22,420,184 shares valued at approximately $579.8 million. Vanguard Portfolio Management LLC added 10,881,788 shares, ending with the same number of shares valued around $281.4 million. Dimensional Fund Advisors LP also grew its position, adding 170,080 shares to reach 9,811,228 shares worth about $253.7 million. Meanwhile, State Street Corp added 250,096 shares, totaling 8,961,442 shares valued at $231.7 million.

Associated Banc-Corp Stock Snapshot

Shares of NYSE:ASB traded near $29.34. The company has a market cap of $5.54 billion and a P/E ratio of 10.19. The stock's 52-week range is between $22.48 and $29.96. It has a 50-day moving average of $27.95 and a 200-day moving average of $26.59. Associated Banc-Corp's beta is 0.788, indicating lower volatility compared to the market.

Recent Earnings

In its most recent earnings report, Associated Banc-Corp reported revenue of $1.47 billion, showing a growth of 12.2%. The net margin was 33.43%, and the return on equity was 10.18%. The company's earnings per share stood at $2.88. The next earnings release is expected on July 23, 2026.

Dividend

Associated Banc-Corp offers an annual dividend of $0.95 per share, yielding 3.24%. The dividend payout ratio is 32.64%, reflecting the portion of earnings paid out as dividends.

Insider Buying and Selling at Associated Banc-Corp

On June 15, 2026, several insiders at Associated Banc-Corp purchased shares. Michael Haddad bought 33 shares at $29.41 and another 38 shares at $29.22. Kristen Ludgate also acquired 38 shares at $29.22. Derek Meyer, EVP and CFO, purchased 127 shares at $29.22. Cory Nettles bought 382 shares at $29.22.

Analysts Set New Price Targets

On April 24, 2026, Keefe, Bruyette & Woods maintained a hold rating with a $31.00 price target. Piper Sandler and Baird also maintained hold ratings with $30.00 targets. Barclays upgraded the stock to a buy with a $33.00 target on April 7, 2026. The consensus target price is $31.00 among nine analysts.

About Associated Banc-Corp

Associated Banc-Corp is a bank holding company based in Green Bay, Wisconsin. It provides a wide range of banking services to individuals and businesses in several states, including Wisconsin, Illinois, and Minnesota. The company offers various lending solutions, deposit products, and cash management services. It also provides specialized financial services like interest rate risk management and foreign exchange solutions. Led by CEO Andrew John Harmening, Associated Banc-Corp employs over 3,900 people.

Bottom Line

John Utz's recent purchase of Associated Banc-Corp shares highlights insider confidence in the company. The stock's recent performance and analyst ratings suggest varied expectations, with targets ranging from $27 to $34. As a regional bank with a solid market presence, Associated Banc-Corp continues to be closely watched by investors and analysts alike.