Associated Banc-Corp (ASB) Reports Record Q4 2025 Earnings with Over $1.2 Billion Loan Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Strategic Investment Completion: Associated Banc-Corp completed all major Phase 2 strategic investments in 2025, with CEO Andrew Harmening noting it was the strongest year for organic household growth in a decade, achieving net growth in all four quarters, reflecting robust market performance.
- Loan and Deposit Growth: In 2025, the company saw over $1.2 billion in relationship C&I loan growth and nearly $1 billion in core customer deposit growth, indicating significant improvements in customer base and liquidity, thereby enhancing its competitive position in the market.
- Acquisition Plans Advancing: The company announced the acquisition of American National Corporation, aiming to enter the Omaha market and strengthen its presence in the Twin Cities, with Harmening stating a cultural fit and expected integration in the coming months to further drive market expansion.
- Optimistic Future Outlook: Management expects C&I loan growth of 9% to 10% in 2026, alongside core customer deposit and net interest income growth projected at 5% to 6% and 5.5% to 6.5%, respectively, demonstrating confidence in future growth and strategic positioning.
Analyst Views on ASB
Wall Street analysts forecast ASB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASB is 29.71 USD with a low forecast of 29.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
1 Buy
6 Hold
0 Sell
Hold
Current: 27.300
Low
29.00
Averages
29.71
High
32.00
Current: 27.300
Low
29.00
Averages
29.71
High
32.00
About ASB
Associated Banc-Corp is a bank holding company. The Company, through Associated Bank and various nonbanking subsidiaries, provides an array of banking and nonbanking products and services to individuals and businesses through 200 banking branches serving more than 100 communities, throughout Wisconsin, Illinois, Minnesota and Missouri. The Corporate and Commercial Specialty segment serves a wide range of customers, including larger businesses, developers, not-for-profits, municipalities, and financial institutions by providing lending and deposit solutions as well as the support to deliver, fund, and manage such banking solutions. The Community, Consumer and Business segment serves individuals and businesses by providing lending and deposit solutions and a variety of investment, fiduciary, and retirement planning products and services. The Risk Management and Shared Services segment includes key shared operational functions and also includes residual revenue and expenses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
