SCHEDULE: FMR LLC Reports Stake in Associated Banc Corp

FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, disclosing beneficial ownership of 1.2% of Associated Banc Corp's common stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Associated Banc Corp's common stock.
• As of March 31, 2026, the total number of shares beneficially owned is 2,066,396.05.
• This represents 1.2% of the total class of common stock.
• FMR LLC has sole voting power over 2,044,476 shares and sole dispositive power over 2,066,396.05 shares.
• Abigail P. Johnson is listed as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's voting shares.
• The filing indicates that other persons have the right to receive or direct the sale of dividends from the securities, but no single other person holds more than 5%.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a routine disclosure of beneficial ownership by a large investment firm and does not provide new operational or financial performance data for Associated Banc Corp.

Positives

• FMR LLC and Abigail P. Johnson maintain a significant, though passive, stake in Associated Banc Corp.
• The filing confirms a stable ownership structure from these reporting persons as of the specified date.

Negatives

• The filing does not contain any information that would be considered negative in terms of company performance or outlook, as it is a disclosure of beneficial ownership.

Risks

• The filing does not explicitly mention any risks. However, as a passive investor disclosure, the inherent risks associated with Associated Banc Corp's business operations and market conditions would apply.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Associated Banc Corp's future performance.

Management Comments

• Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC.
• Members of the Johnson family are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC.
• The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson indicates a significant institutional investor's passive stake in Associated Banc Corp, a regional bank. Such filings are common as large asset managers build positions across various sectors, reflecting broad market investment strategies rather than specific company performance indicators.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's holdings, which can be a factor in market perception.
• Management: The filing confirms a passive investment by FMR LLC and Abigail P. Johnson, indicating no immediate intent to influence control.
• Regulators: Compliance with SEC reporting requirements is maintained.

Next Steps

• Continued monitoring of Associated Banc Corp's financial performance and strategic initiatives.
• Observation of any future changes in FMR LLC's or Abigail P. Johnson's beneficial ownership stake.

Key Dates

Keywords

Associated Banc Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Management