American Century Companies Boosts Stake in Associated Banc-Corp

Investment firm increases holdings in Wisconsin-based bank by 32.5% in Q3

Published on Mar. 5, 2026

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American Century Companies Inc. increased its stake in Associated Banc-Corp (NYSE:ASB) by 32.5% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investment firm now owns approximately 2.6 million shares of the Wisconsin-based bank, representing around 1.58% of Associated Banc's outstanding stock.

Why it matters

The increase in American Century's position in Associated Banc reflects the investment firm's confidence in the bank's growth prospects. As a regional financial institution focused on community banking, Associated Banc's performance is seen as an indicator of economic conditions in the Midwest.

The details

According to the 13F filing, American Century Companies purchased an additional 645,676 shares of Associated Banc during the third quarter, bringing its total holdings to 2,629,549 shares. This represents approximately 1.58% of the bank's outstanding stock, valued at around $67.6 million at the end of the quarter.

  • American Century Companies increased its stake in Associated Banc during the third quarter of 2026.

The players

American Century Companies Inc.

An investment management firm based in Kansas City, Missouri that oversees more than $250 billion in assets.

Associated Banc-Corp

A regional bank headquartered in Green Bay, Wisconsin that operates over 200 branches across the Midwest and provides banking services to individuals, small businesses, and commercial clients.

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The takeaway

The increase in American Century's stake in Associated Banc suggests the investment firm sees growth potential in the regional bank, which could signal broader optimism about economic conditions in the Midwest.