This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Bank Stock Buys From a Deep Data Dive

Associated Banc-Corp
Shares of Associated Banc-Corp (ASBC) of Green Bay, Wis., closed at $12.93 Friday, returning 16% year-to-date, following a 16% decline during 2011. Based on a five-cent quarterly payout, the shares have a dividend yield of 1.55%.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

The shares trade for 1.2 times tangible book value and for 13 times the consensus 2013 EPS estimate of $1.02. The consensus 2012 EPS estimate is 95 cents.

Harmon's price target for Associated Banc-Corp is $16, and the analyst said on Monday that the bank "appears well situated from an economic perspective, with the majority of its footprint showing positive economic signs." About 70% of Associated's deposits are concentrated in Wisconsin, "though the company is pushing concentrated lending operations into other Midwest markets," said Harmon, who added that "positive manufacturing reports from the Minneapolis and Chicago Fed districts are encouraging."

Interested in more on Associated Banc-Corp? See TheStreet Ratings' report card for this stock.
7 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FNFG $10.23 -0.10%
FITB $17.56 0.11%
HBAN $9.88 0.20%
PNC $85.98 0.72%
STI $40.55 -0.22%


Chart of I:DJI
DOW 17,688.65 +37.39 0.21%
S&P 500 2,056.15 +5.03 0.25%
NASDAQ 4,735.0280 +9.3890 0.20%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs