Why Did Associated Banc-Corp (ASB) Soar 38.48%?

On April 15, 2025, Associated Banc's stock surged by 38.48% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Associated Banc-Corp (ASB) has been highlighted as a potential great choice for investors, particularly due to its dividend benefits. The company's strong dividend policy is seen as a significant advantage for shareholders.

Wells Fargo & Company recently upgraded Associated Banc from an "equal weight" rating to an "overweight" rating, indicating a positive outlook on the company's future performance. This upgrade reflects the growing confidence in Associated Banc's prospects.

Associated Banc-Corp is Wisconsin's largest bank holding company, with total assets of $34 billion. Headquartered in Green Bay, Wisconsin, the company's strong financial position and strategic location contribute to its appeal as an investment option.