Post-earnings recap
Reported
Thu, Jul 23, 2026
EPS actual
$0.73
EPS est.
$0.72
EPS surprise
+1.39%
1-day move
-1.43%
—
Est. EPS
$0.59
Est. Rev
$23M
Impl. Move
±8.1%
Associated Banc-Corp (ASB) is a regional bank that provides a range of financial services, including personal and commercial banking, wealth management, and investment services. As a player in the financial sector, its performance can be influenced by interest rates, economic conditions, and consumer spending trends.
Last quarter
In Q1 2026, Associated Banc-Corp reported an EPS of $0.70, slightly beating expectations. The stock reacted positively, gaining 0.22% the following day.
EPS beat streak
6Q
EPS beat rate
88%
Avg EPS surprise
-29.54%
Avg 1-day reaction
+0.06%
Overall, investors are cautiously optimistic about Associated Banc-Corp's upcoming earnings report, given its strong track record of beating EPS estimates.
Bull case
If the bank continues its trend of exceeding EPS expectations, it could signal robust financial health and attract more investors.
Bear case
Conversely, if the bank fails to meet expectations or shows signs of declining loan growth, it could lead to a negative market reaction.
Key metrics to watch
Earnings Per Share (EPS)
Expectations are not available.EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.
Net Interest Margin
Expectations are not available.This metric measures the difference between interest income generated and interest paid out, reflecting the bank's efficiency in earning revenue.
The print will turn on these.
Q1
What is the expected EPS for Q2-2026?
Given the bank's history of beating EPS estimates, this number will be critical for assessing future growth and investor sentiment.
Q2
How is loan growth trending in the current economic environment?
Loan growth is a key indicator of the bank's performance and its ability to generate revenue, especially in a fluctuating economic landscape.
Why consensus could be wrong
The consensus may underestimate the bank's ability to manage costs effectively, which could lead to better-than-expected margins despite economic pressures.
Supporting evidence
ASB has consistently beaten EPS estimates in the past, indicating strong operational performance.
The implied volatility in options suggests traders are anticipating a significant move, which could reflect underlying confidence in the bank's performance.
Recent economic indicators show signs of stability, which may support loan growth.
Key risk
If loan growth exceeds expectations, it could significantly alter the market's perception of the bank's growth potential.
Pre-commit to what would confirm each case.
The market is debating whether Associated Banc-Corp can maintain its strong earnings momentum in a potentially challenging economic environment.
Bull confirmed if
An EPS of $0.75 or higher would confirm the bull case and indicate strong financial performance.
Bear confirmed if
An EPS below $0.65 would support the bear case and raise concerns about the bank's profitability.
What the market is pricing for the move.
Implied Move
±7.32%
Historical Avg
±1.2%
The options market is pricing in a significant move of over 7%, suggesting that traders expect volatility around the earnings announcement.
Options are pricing ±7.3% while ASB has averaged ±1.2% over the last 8 prints — setup is pricing rich.
ATM IV
0.3%
30d HV
23.0%
Smart-money positioning from the most recent 13F filings.
Institutional
81.84%
of float
Insider
12.52%
of float
Holders
536
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
23,267,058 sh · $661.0M
12.32%
3.8%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If ASB beats expectations, history suggests the stock could rise by around 0.86%, confirming a positive outlook for the bank.
In line / cautious
If results are in line with expectations, the stock may react cautiously, reflecting uncertainty about future growth.
Miss
A miss could lead to a decline of about 0.74%, indicating disappointment among investors.
The lines on the call that would change the story.
Loan Growth
Expectations are not available.Loan growth indicates demand for credit and can signal the overall health of the economy and the bank's market position.
Vanguard Portfolio Management LLC
10,367,662 sh · $294.5M
5.49%
-4.7%
Dimensional Fund Advisors LP
10,038,553 sh · $285.2M
5.32%
2.3%
State Street Corporation
8,848,723 sh · $251.4M
4.69%
-1.3%
First Trust Advisors LP
7,538,653 sh · $214.2M
3.99%
26.3%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.