Associated Banc-Corp (ASB) CEO Harmening Buys $75K of Stock

Significant Insider Purchase by CEO

Andrew Harmening, the President and CEO of Associated Banc-Corp (NYSE: ASB), bought 2,554 shares on June 15, 2026, for a total value of $75,113. The shares were purchased at an average price of $29.41 each. This transaction reflects Harmening's ongoing commitment to the company and comes as the stock trades near its 52-week high.

Other Executives Join in on Purchases

On the same day as Harmening's transaction, several other executives at Associated Banc-Corp also made insider purchases. Jayne Hladio, EVP and President of Private Wealth, bought 13 shares valued at $383.37. Julio Manso, EVP and CHRO, acquired 34 shares worth $1,002.18. Chief Information Officer Williams Terry Lynn purchased 78 shares for $2,300.22, while Executive Vice President Nicole Kitowski bought 26 shares valued at $766.74. Additionally, EVP Steven Zandpour acquired 82 shares for $2,418.18, and Karen Van Lith purchased 393 shares worth $11,483.46. This wave of buying on June 15 could indicate a collective confidence among the company's leadership.

Stock Performance and Market Context

As of June 15, 2026, Associated Banc-Corp's stock was trading at $29.34, close to its 52-week high of $32.46. The stock has shown resilience, with a market capitalization of about $5.54 billion and a price-to-earnings (P/E) ratio of 10.27. This performance context adds weight to the insider purchases, suggesting that executives believe the stock has room for growth.

Analysts Set New Price Targets

Analysts have maintained a generally positive outlook on Associated Banc-Corp. On October 5, 2026, Barclays maintained an Overweight rating with a target price of $35.0, up from a previous target of $34.0. Wells Fargo also holds an Overweight rating with a target of $35.0, indicating confidence in the company's future performance. The consensus from analysts suggests that the stock is well-positioned for growth, with a mean target price of $34.4 based on 10 analyst opinions.

What Associated Banc-Corp Does

Associated Banc-Corp is a regional bank holding company based in Green Bay, Wisconsin. It offers a wide range of banking and financial services, including commercial loans, residential mortgages, and various deposit products. The recent insider buying activity may reflect the executives' belief in the company's prospects as it continues to serve its markets across several states.

What’s Next for Associated Banc-Corp

Investors will be watching for the next earnings report scheduled for October 22, 2026. The recent insider transactions provide a glimpse into the company's leadership confidence. However, it's essential to note that these trades reflect past actions and may not represent current positions.