Steven Zandpour Buys Shares of Associated Banc-Corp
EVP Steven Zandpour purchased 82 shares of Associated Banc-Corp on June 15, 2026.
Key Points
- Steven Zandpour, EVP of Associated Banc-Corp, bought 82 shares on June 15, 2026, for $2,418.18 at an average price of $29.49.
- Associated Banc-Corp's stock trades at $29.34 with a market cap of $5.54 billion and a P/E ratio of 10.19.
- Analysts recently maintained or upgraded ratings with targets ranging from $27 to $33, reflecting varied sentiments.
Steven Zandpour, Executive Vice President at Associated Banc-Corp, made a personal investment in the company by purchasing 82 shares on June 15, 2026. The transaction, valued at $2,418.18, was completed at an average price of $29.49 per share. This move was not part of a pre-planned trading program.
Insider Buying and Selling at Associated Banc-Corp
On June 15, 2026, several insiders at Associated Banc-Corp made purchases. Alongside Steven Zandpour, EVP and CFO Derek Meyer bought 127 shares at $29.22 each. Other insiders, including Michael Haddad and Kristen Ludgate, also acquired shares, with prices ranging from $29.22 to $29.49.
Other Institutional Activity in Associated Banc-Corp
In recent institutional activity, BlackRock, Inc. increased its holdings in Associated Banc-Corp by 1,214,530 shares, ending with 22,420,184 shares valued at about $579.8 million. Vanguard Portfolio Management LLC established a new position with 10,881,788 shares worth approximately $281.4 million. Dimensional Fund Advisors LP and State Street Corp also grew their stakes, adding 170,080 and 250,096 shares, respectively.
Associated Banc-Corp Stock Snapshot
Shares of Associated Banc-Corp (NYSE:ASB) are trading at $29.34. The company has a market capitalization of approximately $5.54 billion and a P/E ratio of 10.19. Its stock has fluctuated between a 52-week low of $22.48 and a high of $29.96. The 50-day moving average is $27.95, while the 200-day moving average is $26.59.
Recent Earnings
In the latest earnings report, Associated Banc-Corp posted revenue of $1.47 billion, reflecting a 12.2% growth. The company achieved a net margin of 33.43% and a return on equity of 10.18%. Investors are looking forward to the next earnings release on July 23, 2026.
Dividend
Associated Banc-Corp offers a dividend rate of $0.95 per share, yielding 3.24%. The dividend payout ratio stands at 32.64%.
Analysts Set New Price Targets
Analyst activity has been notable, with Barclays upgrading the stock to a "buy" with a $33 target on April 7, 2026. Keefe, Bruyette & Woods, Piper Sandler, and Baird maintained "hold" ratings with targets around $30. The consensus target is $31, based on nine analyst opinions.
About Associated Banc-Corp
Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is a regional bank holding company providing a broad range of banking and financial services. It operates in Wisconsin, Illinois, Missouri, Texas, and Minnesota, offering commercial loans, real estate financing, and a suite of personal and business banking solutions. Under the leadership of CEO Andrew John Harmening, the company employs about 3,934 people.
Bottom Line
Steven Zandpour's recent purchase of Associated Banc-Corp shares adds to the insider activity at the company, reflecting personal investment confidence. With a solid market presence and recent analyst ratings showing a mix of holds and buys, Associated Banc-Corp remains a company to watch in the banking sector. Remember, insider transactions are just one piece of the puzzle and may not indicate future performance.
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.