Associated Banc-Corp Shares Up 9% YTD; Dividend Yield at 3.42%
Associated Banc-Corp's shares are up 9.01% YTD and the bank currently pays a quarterly dividend of $0.24 per share (3.42% yield), above the Midwest banks’ 2.69% average. The annualized dividend of $0.96 rose 3.2% year-over-year, supported by a 35% payout ratio and projected 7.2% EPS growth to $2.97 in 2026.
1. Year-to-Date Share Performance
Associated Banc-Corp's shares have risen 9.01% year-to-date, outperforming regional peers as investors seek stable bank dividend plays. This gain reflects market confidence in the company’s capital position and consistent earnings growth.
2. Dividend Profile
The bank pays a quarterly dividend of $0.24 per share, yielding 3.42%, above the Midwest banks’ 2.69% average and the S&P 500’s 1.35% yield. Its annualized $0.96 payout has increased 3.2% year-over-year, backed by a five-year average dividend growth of 5.6% and a conservative 35% payout ratio.
3. Earnings Forecast and Outlook
Consensus estimates project earnings per share of $2.97 for fiscal 2026, a 7.2% increase that underpins future dividend growth potential. A 35% payout ratio leaves room for further distributions, while a #2 buy rating underscores positive market sentiment.