Associated Banc-Corp stock rises as prime rate moves to 7.00%
Published on 09/19/2026 at 11:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Associated Banc-Corp stock (ISIN US0450541098) traded at USD 29.64 on September 19, 2026, giving the company a market capitalization of USD 5.60 billion. The bank's prime rate rose to 7.00 percent from 6.75 percent on September 17, 2026, a move that feeds directly into loan pricing and interest income, as Robinhood reported.
Rate move changes the setup
The same Robinhood data show a daily high of USD 29.95, a low of USD 29.44 and volume of 6.38 million shares on September 19, 2026. The stock also sat 1.0 percent below the intraday high and 0.7 percent above the low.
Simply Wall St said on September 18, 2026 that ASB raised its prime rate to 7.00 percent from 6.75 percent effective September 17, 2026. It also put the shares at USD 29.88 and described the stock as 11 percent undervalued versus a fair value estimate of USD 33.56.
Valuation stays in view
Simply Wall St also cited a 1-day share price return of 0.40 percent, a 7-day return of minus 1.52 percent, a 30-day return of minus 5.65 percent and a year-to-date gain of 15.99 percent. That mix matters because the rate move supports margins, but the share price still trades below the USD 32.46 52-week high and above the USD 23.86 52-week low on Robinhood data.
Stock near its range
Associated Banc-Corp stock closed at USD 29.64 on September 19, 2026, with market capitalization at USD 5.60 billion and volume at 6.38 million shares. The 52-week range stood at USD 23.86 to USD 32.46.
Associated Banc-Corp key data
- Company: Associated Banc-Corp
- ISIN: US0450541098
- Ticker: ASB
- Trading venue: NYSE
- Price (as of September 19, 2026): USD 29.64
- Market capitalization: USD 5.60 billion (as of September 19, 2026)
- Sector / Industry: Financials / Banks - Regional
- Index membership: Not substantiated in the search results
