Associated Banc-Corp (NASDAQ:ASBC)

CAPS Rating: 3 out of 5

The Company, through its banking and nonbanking subsidiaries, provide a range of banking and nonbanking products and services to individuals and businesses in the communities it serve.

Recs

0
Player Avatar mukwonago53149 (< 20) Submitted: 12/28/2010 2:03:27 PM : Underperform Start Price: $15.43 ASBC Score: +22.38

1. Associated Bank's rates are not competitive with the other banks. I checked when I was shopping for a mortgage.2. As bonds continue to fall, interest rates continue to rise. Higher interest rates will hurt banks badly.3. This particular bank is not profitable and cannot survive by itself. I expect it to be acquired by a foreign bank in 2011 just like it's rival in Milwaukee (M&I Bank)...but at a far cheaper price than what it is now.

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