RBC keeps USD 33.00 target for Associated Banc-Corp stock

Published on 10/17/2026 at 21:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 22, 2026. Associated Banc-Corp stock costs USD 28.96 on October 16, 2026, up 0.42 percent versus the prior close.

Analyst view and earnings base

RBC Capital maintained a USD 33.00 target and Hold rating on October 9, 2026.
Second-quarter net income reached USD 123.56 million in 2026.
Associated Banc-Corp stock costs USD 28.96 on October 16, 2026, up 0.42 percent versus the prior close.
Third-quarter results are scheduled for October 22, 2026, while the price-to-earnings ratio is 10.13.

ASB, US0454871056, Illustration mit AI erstellt.

RBC Capital maintained a Hold rating and a USD 33.00 price target for Associated Banc-Corp in a report released on October 9, 2026, leaving the target 13.95 percent above the October 16 price of USD 28.96. According to Business Insider, Jon Arfstrom kept the Hold rating and the target unchanged. Associated Banc-Corp last stood at USD 28.96 on the NYSE on October 16, 2026 at 4:00 p.m. ET, up 0.42 percent versus the prior close of October 15, 2026.

Second-quarter earnings set the base

Associated Banc-Corp reported USD 123.56 million in net income for the second quarter of 2026, while basic earnings per share came to USD 0.64. Revenue reached USD 448.89 million for the period, according to Tickzen. The result gives the analyst target a current operating reference, while the next report will test whether earnings momentum has continued into the third quarter.

Price sits below the yearly high

The October 16 price was USD 3.50 below the 52-week high of USD 32.46, a gap of 10.78 percent. It stood USD 5.09 above the 52-week low of USD 23.87, equal to a 21.32 percent distance. Trading volume reached 2,283,834 shares against an average volume of 1,857,901 shares on the same date.

Valuation and October 22

Associated Banc-Corp had a market capitalization of USD 4.8 billion, a price-to-earnings ratio of 10.13 and a dividend yield of 3.00 percent as of October 16, 2026. The company is scheduled to report third-quarter 2026 results after the market close on October 22, 2026, and to hold its investor call at 4:00 p.m. Central Time, according to Yahoo Finance.

Comparison with peers

Associated Banc-Corp (NYSE, USD): plus 0.42 percent, price-to-earnings ratio 10.13, market capitalization USD 4.8 billion
Fifth Third Bancorp (Nasdaq, USD): plus 0.04 percent, price-to-earnings ratio 17.19, market capitalization USD 45.7 billion
Huntington Bancshares (Nasdaq, USD): minus 0.52 percent, price-to-earnings ratio 11.40, market capitalization USD 30.9 billion

Market position

Associated Banc-Corp is a regional financial-services company headquartered in Green Bay, Wisconsin, with more than 200 banking locations across the Midwest. Its latest reported total assets were USD 51.8 billion at June 30, 2026. The October 22 results date is the next scheduled event for the stock, while the analyst target keeps attention on the gap between the current quotation and the latest firm view.