With 2.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.65 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $20.06 whereas the lowest price it dropped to was $19.15. The 52-week range on ASB shows that it touched its highest point at $28.18 and its lowest point at $18.32 during that stretch. It currently has a 1-year price target of $26.70. With its current market cap of 3.26 billion, ASB has annualized dividend of $0.90 while the current yield stands at 4.58%. ASB paid its most recent dividend on 1740960000, while the ex-dividend date for that was 1740960000. Beta for the stock currently stands at 0.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASB was down-trending over the past week, with a drop of -4.61%, but this was down by -12.39% over a month. Three-month performance dropped to -22.48% while six-month performance fell -11.00%. The stock lost -3.01% in the past year, while it has lost -17.74% so far this year. A look at the trailing 12-month EPS for ASB yields 0.78 with Next year EPS estimates of 2.69. For the next quarter, that number is 0.58. This implies an EPS growth rate of 11.96% for this year and 10.07% for next year. EPS is expected to grow by 10.94% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.66%.
Float and Shares Shorts:
At present, 166.18 million ASB shares are outstanding with a float of 163.86 million shares on hand for trading. On 2025-03-31, short shares totaled 5.96 million, which was 359.99999999999994 higher than short shares on 1740700800. In addition to Mr. Andrew John Harmening as the firm’s President, CEO & Director, Mr. Derek S. Meyer serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.88324 of ASB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASB since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ASB analysts setting a high price target of 29.0 and a low target of 25.0, the average target price over the next 12 months is 27.0. Based on these targets, ASB could surge 47.51% to reach the target high and rise by 27.16% to reach the target low. Reaching the average price target will result in a growth of 37.33% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.23595 being high and $2.09431 being low. For ASB, this leads to a yearly average estimate of $2.17525. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.58. The average estimate for the next quarter is thus $0.59.
