Williams Terry Lynn Buys Shares of Associated Banc-Corp
The Chief Information Officer purchased 78 shares worth $2,300.22.
Key Points
- Williams Terry Lynn, Chief Information Officer at Associated Banc-Corp, bought 78 shares valued at $2,300.22 on June 15, 2026.
- Shares of NYSE:ASB traded near $29.34 with a market cap of $5.54 billion and a P/E ratio of 10.19.
- Analysts from Barclays upgraded the stock to 'buy' with a $33 target, while others maintained 'hold' ratings.
Williams Terry Lynn, the Chief Information Officer at Associated Banc-Corp (NYSE:ASB), made a purchase of 78 shares on June 15, 2026. The shares were bought at an average price of $29.49, totaling approximately $2,300.22. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Associated Banc-Corp
On the same day, several other insiders also acquired shares. Steven Zandpour, an Executive Vice President, bought 82 shares at $29.49 each. Michael Haddad made two purchases, acquiring 33 shares at $29.41 and 38 shares at $29.22. John Utz, another Executive Vice President, bought 46 shares at $29.49. Kristen Ludgate and Derek Meyer, the Chief Financial Officer, also made purchases, with Meyer acquiring 127 shares.
Other Institutional Activity in Associated Banc-Corp
In recent institutional activity, BlackRock, Inc. increased its stake by 1,214,530 shares, ending with 22,420,184 shares valued at about $579.8 million. Vanguard Portfolio Management LLC added 10,881,788 shares, bringing its total to the same number, worth approximately $281.4 million. Dimensional Fund Advisors LP grew its holdings by 170,080 shares to 9,811,228 shares, valued at around $253.7 million. State Street Corp increased its position by 250,096 shares, ending with 8,961,442 shares worth $231.7 million. First Trust Advisors LP made a significant purchase of 3,347,699 shares, bringing its total to 5,971,227 shares valued at $154.4 million.
Associated Banc-Corp Stock Snapshot
Shares of Associated Banc-Corp (NYSE:ASB) were trading near $29.34. The company has a market capitalization of approximately $5.54 billion and a P/E ratio of 10.19. Its forward P/E ratio is around 9.07, and it has a beta of 0.788, indicating lower volatility compared to the market. The stock's 52-week low is $22.48, while its high is $29.96. The 50-day moving average stands at $27.95, and the 200-day moving average is $26.59.
Recent Earnings
In its recent earnings report, Associated Banc-Corp posted revenue of $1.47 billion, reflecting a growth rate of 12.2%. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Its earnings per share were $2.88. The next earnings release is scheduled for July 23, 2026.
Dividend
Associated Banc-Corp offers a dividend with an annual rate of $0.95, yielding 3.24%. The dividend payout ratio is 32.64%, indicating a sustainable distribution relative to earnings.
Analysts Set New Price Targets
On April 7, 2026, Barclays upgraded the stock to a 'buy' rating with a price target of $33. Keefe, Bruyette & Woods, Piper Sandler, and Baird all maintained 'hold' ratings with targets around $30. The consensus among analysts suggests a target mean price of $31, based on nine opinions.
About Associated Banc-Corp
Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. It provides a range of banking and nonbanking services to individuals and businesses across several states, including Wisconsin, Illinois, and Texas. The company's offerings include lending solutions, deposit and cash management services, and specialized financial services. Associated Banc-Corp operates loan production offices in various states and is led by CEO Andrew John Harmening.
Bottom Line
The insider purchase by Williams Terry Lynn highlights ongoing interest in Associated Banc-Corp's stock among its executives. The company's solid market position, coupled with recent institutional activity, indicates continued confidence. Investors will be watching the upcoming earnings release for more insights into its performance. As a reminder, insider transactions are reported after the fact and provide a historical view rather than a real-time indicator.
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.
