Associated Banc-Corp (ASB) Insider Kotouc Buys $847 of Stock
A wave of seven insiders, including CEO Andrew Harmening, purchased shares of the regional bank on June 15, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Wende Kotouc bought 29 shares of Associated Banc-Corp ($ASB) at an average price of $29.22, worth about $847.38, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ASB is up 0.6% after 1 week, up 5.9% after 1 month and down 0.1% to date (from the $28.99 close on Jun 15, 2026).
Key Points
- Wende Kotouc purchased 29 shares of Associated Banc-Corp at $29.22 each on June 15, 2026, a transaction totaling $847.38.
- The stock is currently trading near $29.34, sitting between its 52-week low of $23.86 and its high of $32.46.
- Wall Street analysts maintain a consensus buy rating on the stock, with a mean price target of $34.40 from 10 different opinions.
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Wende Kotouc purchased 29 shares of Associated Banc-Corp (NYSE: ASB) on June 15, 2026. The transaction took place at a price of $29.22 per share, bringing the total value of the buy to $847.38. This move was part of a broader pattern of insider activity at the Green Bay-based regional lender, as several other high-level executives also added to their holdings on the same day.
A Day of Heavy Insider Activity
The purchase by Kotouc was one of seven insider buys reported for June 15, 2026. President and CEO Andrew Harmening led the group by acquiring 2554 shares at $29.41, a trade worth $75,113.14. Other executives joining the buying spree included Steven Zandpour, who bought 82 shares for $2,418.18, and Williams Terry Lynn, who added 78 shares valued at $2,300.22. Julio Manso, Nicole Kitowski, and Jayne Hladio also made purchases ranging from 13 to 34 shares each. None of these transactions were conducted under a Rule 10b5-1 plan, which is a pre-scheduled trading arrangement often used by insiders to avoid conflicts of interest.
Associated Banc-Corp Stock Performance
Shares of Associated Banc-Corp were trading at $29.34 on Wednesday. The company currently has a market capitalization of $5.54 billion and a forward P/E ratio of 8.8. This ratio compares the stock price to its expected future earnings, suggesting the market is valuing the bank at less than nine times its anticipated profits. The stock has stayed within a 52-week range of $23.86 to $32.46 and is currently trading above its 200-day moving average of $28.27, a metric often used by traders to judge long-term momentum.
Recent Earnings and Financial Health
Associated Banc-Corp reported annual revenue of $1.56 billion in its most recent reporting cycle. The bank managed to maintain a net margin of 32.46%, while its return on equity (ROE)—a measure of how effectively it uses shareholder money to generate profit—stood at 9.69%. The company grew its revenue by 23.5% over the prior period. Investors are looking toward October 22, 2026, for the bank's next scheduled earnings release.
Dividend Yield and Payouts
The company pays an annual dividend of $0.96 per share, which currently provides a dividend yield of 3.24%. The bank uses about 33.2% of its earnings to cover these payments to shareholders. This payout ratio suggests the dividend is well-supported by the bank's current profitability.
Analysts Set New Price Targets
Several financial firms have updated their outlook on the stock recently. On October 5, 2026, Barclays maintained its Overweight rating and raised its price target from $34.00 to $35.00. Wells Fargo also kept an Overweight rating on September 30, 2026, with a $35.00 target. Truist Securities has been more conservative, maintaining a Hold rating with a $33.00 price target as of August 4, 2026. Overall, the consensus among 10 analysts is a buy, with an average price target of $34.40.
About Associated Banc-Corp
Associated Banc-Corp is a regional bank that provides lending, deposit, and investment services to families and businesses across the Midwest and parts of the South. Based in Wisconsin, it operates a network of branches and loan offices that handle everything from residential mortgages and auto loans to commercial real estate financing and wealth management. The insider buying suggests the leadership team remains committed to the bank's current path.
Future Outlook
Shareholders will likely watch the October earnings report to see if the bank can maintain its double-digit revenue growth. While insider buying is often viewed as a sign of confidence by management in the company's future, it is just one factor for investors to consider alongside broader economic conditions and interest rate changes. Further SEC filings will reveal if Kotouc or other executives continue to add to their stakes in the coming months.
Source: Wende Kotouc's Form 4 filing on $ASB (Jun 15, 2026). Find the original filing: ASB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts