Associated Banc-Corp (ASB, Financial) has revealed that its Chief Human Resources Officer, Angie DeWitt, will retire, concluding a distinguished 17-year tenure with the organization. DeWitt, who joined Associated Bank in 2008, has been an integral part of the executive team, significantly contributing to the bank’s organizational strategies and success.
Having started her career in finance, DeWitt advanced to the role of Chief Human Resources Officer by 2019. Her leadership and expertise have been instrumental in guiding the bank's human resources strategies over the years.
To facilitate a smooth transition, DeWitt will serve as an advisor for a period to assist in the handover process to her successor. Her retirement marks the end of a notable era of leadership at Associated Banc-Corp.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Associated Banc-Corp (ASB, Financial) is $27.00 with a high estimate of $29.00 and a low estimate of $25.00. The average target implies an upside of 29.31% from the current price of $20.88. More detailed estimate data can be found on the Associated Banc-Corp (ASB) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Associated Banc-Corp's (ASB, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Associated Banc-Corp (ASB, Financial) in one year is $26.74, suggesting a upside of 28.07% from the current price of $20.88. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Associated Banc-Corp (ASB) Summary page.
