Associated Banc-Corp
Associated Banc-Corp (NYSE: ASB) is trading at $28.96, about ₹2,778 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.40% today. Indian residents can buy Associated Banc-Corp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.94
Today's high
$29.39
52 week low
$23.86
52 week high
$32.46
ASB opened at $29.34, closed previously at $29.37, and has traded between $23.86 and $32.46 over the past 52 weeks.
About
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, and Minnesota. It offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit. The company also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, it offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Key statistics
Avg. volume
1.99M
Market cap
$5.47B
P/E Ratio
10.02
Price-to-sales ratio
2.13
Enterprise value
$10.61B
Free cash flow yield
12.44%
Debt-to-equity ratio
1.01
Return on equity
9.86%
ROIC
0.97%
Beta
0.77
Dividend yield
3.31%
Last dividend
$0.96
Financial overview
Revenue
$2.46B
Earnings per share
$2.81
Free cash flow
$579.32M
Net profit margin
19.67%
Gross margin
60.54%
EBITDA
$680.05M
Revenue growth
16.83%
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This is not an investment recommendation
How to buy Associated Banc-Corp from India
Indian residents can buy Associated Banc-Corp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Associated Banc-Corp and place an order
Find Associated Banc-Corp by name or by its ticker, ASB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Associated Banc-Corp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Associated Banc-Corp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Associated Banc-Corp from India
Trading and taxes when buying Associated Banc-Corp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Associated Banc-Corp’s current yield is 3.31%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Associated Banc-Corp stock?
Yes. Associated Banc-Corp (ASB) has been listed on the New York Stock Exchange since 1980, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Associated Banc-Corp share cost in rupees?
One Associated Banc-Corp share is $28.96 — about ₹2,778 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Associated Banc-Corp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Associated Banc-Corp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Associated Banc-Corp?
Yes. One Associated Banc-Corp share is $28.96, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Associated Banc-Corp.
How are gains on Associated Banc-Corp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Associated Banc-Corp price. Paasa issues a capital-gains statement for your return.
Does Associated Banc-Corp pay a dividend, and how is it taxed in India?
Yes. Associated Banc-Corp pays a dividend and the current yield is 3.31%; the last declared dividend was $0.96 per share, about ₹92.09. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Associated Banc-Corp from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Associated Banc-Corp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Associated Banc-Corp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Associated Banc-Corp holding, its cost and its closing value.
How do I sell Associated Banc-Corp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.