Associated Banc-Corp (NYSE: ASB) Financial Overview and Analyst Insights

Company Overview - Associated Banc-Corp (NYSE:ASB) is a bank holding company based in Green Bay, Wisconsin, providing a variety of banking and nonbanking services to individuals and businesses in Wisconsin, Illinois, and Minnesota [1] - The company operates through three main segments: Corporate and Commercial Specialty, Community, Consumer, and Business, and Risk Management and Shared Services, with 215 banking branches as of the end of 2021 [1] Price Target Analysis - The consensus price target for ASB has shown slight fluctuations over the past year, remaining stable at $29, indicating stability in analysts' expectations [2][5] - A quarter ago, the price target was slightly higher at $29.2, suggesting a minor decrease in optimism or adjustment in valuation models [2][5] - A year ago, the target was $28.8, showing a modest increase over the year [2] Analyst Insights - Analyst Brandon Berman from Neuberger Berman has set a price target of $29 for ASB, aligning with the current consensus, indicating a consistent outlook on the company's performance and potential [3] - Despite anticipated earnings growth, it is suggested that ASB may not have the optimal combination of factors necessary for an earnings beat [3] Comparative Financial Review - A financial review comparing ASB with Central Plains Bancshares (NASDAQ:CPBI) evaluates several factors, including analyst recommendations, earnings, valuation, dividends, risk, profitability, and institutional ownership [4] - Investors are advised to understand the key expectations surrounding ASB's performance, considering broader market conditions and company-specific news [4]