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EdgeTI Signs Platform Partnership with Multi-National Defense Contractor Austal Australia (ASB) to Integrate EdgeTI into Their Customer Operating Eco-Systems
Newsfile· 2025-07-14 07:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has partnered with Austal Australia to integrate its real-time digital operations software, EdgeCore, into Austal's customer operating ecosystems [1][2][5] - The partnership aims to leverage Austal's maritime expertise to expand edgeTI's presence in the Asia Pacific region [5] - Austal Australia will have the capability to integrate, procure, and configure EdgeCore for its own use and for its global customer base [2] Company Overview - EdgeTI specializes in real-time digital operations software that enables AI-driven Digital Twins, enhancing situational awareness and operational efficiency for various sectors [1][8] - Austal Australia is a leading global shipbuilder and defense contractor, recognized as Australia's largest defense exporter and the world's largest aluminum shipbuilder [6] - Austal has a strong track record, having contracted over 350 vessels for more than 122 operators in 59 countries over 35 years [6]
Associated Banc-Corp to Announce Second Quarter 2025 Earnings and Hold Conference Call on July 24, 2025
Prnewswire· 2025-07-10 21:52
Core Viewpoint - Associated Banc-Corp is set to release its second quarter 2025 financial results on July 24, 2025, after market close, and will host a conference call for investors and analysts at 4:00 p.m. Central Time on the same day [1]. Group 1 - The live webcast of the earnings call will be accessible through the Investor Relations section of the company's website, and participants can also dial in using provided domestic and international numbers [2]. - Financial tables and a slide presentation will be available on the company's website shortly before the call, with an audio archive expected to be accessible approximately fifteen minutes after the call concludes [2]. Group 2 - Associated Banc-Corp has total assets of $43 billion and is the largest bank holding company based in Wisconsin, operating nearly 200 banking locations across multiple states [3]. - The company offers a comprehensive range of financial products and services and serves over 100 communities in Wisconsin, Illinois, Minnesota, and Missouri, with additional loan production offices in several other states [3].
Associated Banc-Corp (ASB) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-07-10 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
All You Need to Know About Associated Banc-Corp (ASB) Rating Upgrade to Buy
ZACKS· 2025-07-07 17:01
Core Viewpoint - Associated Banc-Corp (ASB) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Company Performance and Outlook - The recent upgrade reflects an improvement in Associated Banc-Corp's underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - The Zacks Consensus Estimate for Associated Banc-Corp indicates expected earnings of $2.49 per share for the fiscal year ending December 2025, with a 2.5% increase in estimates over the past three months [8]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimates, with only the top 20% of stocks receiving a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [9][10]. - Stocks rated Zacks Rank 1 have historically generated an average annual return of +25% since 1988, showcasing the effectiveness of the rating system [7].
ASB or UMBF: Which Is the Better Value Stock Right Now?
ZACKS· 2025-07-07 16:41
Core Viewpoint - The article compares Associated Banc-Corp (ASB) and UMB Financial (UMBF) to determine which stock is more attractive to value investors [1] Valuation Metrics - ASB has a forward P/E ratio of 10.37, while UMBF has a forward P/E of 11.83 [5] - ASB's PEG ratio is 1.13, compared to UMBF's PEG ratio of 1.29, indicating ASB may offer better value considering expected earnings growth [5] - ASB's P/B ratio is 0.95, while UMBF's P/B ratio is 1.26, suggesting ASB is undervalued relative to its book value [6] Earnings Outlook - ASB is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7] - ASB holds a Zacks Rank of 2 (Buy), while UMBF has a Zacks Rank of 4 (Sell), indicating a more favorable earnings estimate revision for ASB [3]
ASSOCIATED BANK ANNOUNCES THIRD ANNUAL DAY OF SERVICE
Prnewswire· 2025-06-23 14:00
Over 2,400 bank employees mobilize across four states; $17,500 in grants and a food drive fuel community impact GREEN BAY, Wis., June 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") will hold its third annual Day of Service event on June 25, mobilizing more than 2,400 employees to volunteer with hundreds of nonprofit organizations across Wisconsin, Illinois, Minnesota and parts of Missouri. Each employee will receive extra volunteer time off hours to support initiatives focused on a ...
Associated Bank makes significant investment in Downtown Minneapolis with move to iconic IDS Center to accommodate rapid growth
Prnewswire· 2025-06-12 18:06
Strategic relocation to IDS Center unifies new branch location and larger office space in one premier buildingMINNEAPOLIS, June 12, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced it is moving its Minneapolis office to the IDS Center's 43rd floor at 80 S 8th St. The move is expected to happen in Spring 2026, and construction is expected to start in August 2025. Rendering of Associated Bank IDS Center office space. "The IDS Center is an iconic symbol of Minneapolis—y ...
Associated Bank launches AI Academy, a summer youth education program
Prnewswire· 2025-06-10 15:12
Core Viewpoint - Associated Banc-Corp is launching the Associated Bank AI Academy, a pilot program aimed at enhancing digital skills and financial literacy among Milwaukee youth, in partnership with Boys and Girls Clubs of Greater Milwaukee and Milky Way Tech Hub [1][2] Program Details - The Associated Bank AI Academy is a six-week curriculum targeting sixth to eighth grade students, focusing on artificial intelligence, financial literacy, and entrepreneurship, including hands-on instruction in prompt engineering and data science fundamentals [1][2] - The program will commence on July 7, starting with a cohort of 15-20 students, and will be facilitated by Milky Way Tech Hub with support from Associated Bank employee volunteers [4] Community Impact - The initiative aims to empower young individuals with essential skills to navigate the future of technology and finance, aligning with Associated Bank's commitment to community support and innovation in youth education [2][3] - The program includes an incentive system called "Associated Bank Bucks," which rewards students for participation and performance, allowing them to exchange these bucks for merchandise and exclusive rewards [2] Future Plans - There are plans to expand the program following a successful pilot, with collaborative efforts to promote the initiative across Milwaukee [5] Company Background - Associated Banc-Corp has total assets of $43 billion and is the largest bank holding company based in Wisconsin, offering a full range of financial products and services across multiple states [6][7]
Why Associated Banc-Corp (ASB) is a Great Dividend Stock Right Now
ZACKS· 2025-06-02 16:46
Company Overview - Associated Banc-Corp (ASB) is headquartered in Green Bay and has experienced a price change of -3.05% this year [3] - The company currently pays a dividend of $0.23 per share, resulting in a dividend yield of 3.97%, which is higher than the Banks - Midwest industry's yield of 3.13% and the S&P 500's yield of 1.57% [3] Dividend Performance - The current annualized dividend of $0.92 represents a 3.4% increase from the previous year [4] - Over the past five years, Associated Banc-Corp has increased its dividend four times, averaging an annual increase of 5.65% [4] - The company's payout ratio is currently 41%, indicating that it pays out 41% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, ASB anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $2.49 per share, reflecting a year-over-year growth rate of 4.62% [5] Investment Considerations - Associated Banc-Corp is viewed as a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
Why Associated Banc-Corp (ASB) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-05-16 16:46
Company Overview - Associated Banc-Corp (ASB) is headquartered in Green Bay and operates in the Finance sector [3] - The stock has experienced a price change of 1.76% since the beginning of the year [3] Dividend Information - Associated Banc-Corp currently pays a dividend of $0.23 per share, resulting in a dividend yield of 3.78% [3] - This yield is higher than the Banks - Midwest industry's yield of 3.14% and the S&P 500's yield of 1.55% [3] - The annualized dividend of $0.92 has increased by 3.4% from the previous year [4] - Over the last 5 years, the company has raised its dividend 4 times, averaging an annual increase of 5.65% [4] - The current payout ratio is 41%, indicating that 41% of its trailing 12-month EPS is distributed as dividends [4] Earnings Growth Expectations - For the fiscal year, ASB anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $2.48 per share, reflecting a year-over-year growth rate of 4.20% [5] Investment Considerations - ASB is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7] - The company is positioned as a strong dividend play, appealing to income investors [7]