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ASB vs EWBC
Which Stock Would AI Choose? Associated Banc-Corp (ASB) vs. East West Bancorp (EWBC) Stock Comparison
Key Takeaways
- ASB is a Wisconsin-based Midwest regional bank with roughly $52 billion in assets, while EWBC is a Southern California-based bank with about $83 billion in assets and a distinct cross-border US–Asia focus.
- EWBC has delivered stronger relative performance, with roughly a 30% 52-week gain and returns well ahead of the broader regional-bank peer group, versus a more moderate advance for ASB.
- Both banks are expanding net interest margin (NIM, the spread between interest earned and interest paid), though EWBC operates at a structurally higher level of profitability.
- ASB is integrating the acquisition of American National Corporation and rebalancing its loan mix toward commercial and industrial lending.
- EWBC is generating record fee income, loans, and deposits, with a return on average common equity (ROE, net income divided by shareholder equity) in the mid-teens.
- Analyst consensus is constructive on both names, but EWBC carries a larger market capitalization and a higher forward earnings base.
Introduction
Regional and mid-cap banks have drawn renewed attention from traders and investors as interest rates, credit trends, and deposit competition reshape the sector. This stock comparison evaluates Associated Banc-Corp (ASB) and East West Bancorp (EWBC) across business model, momentum, and risk. The two institutions occupy different niches: ASB is a traditional Midwest franchise, while EWBC specializes in serving commercial clients with ties between the United States and Asia. Investors weighing relative performance, market positioning, and capital deployment may find the contrast instructive, given the two banks' differing growth drivers and geographic exposures.
ASB Overview and Recent Performance
Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is the largest bank holding company based in the state, serving customers through more than 200 locations across the Midwest. The bank has recently been executing a strategic pivot toward higher-yielding commercial and industrial (C&I) lending, reducing its concentration in residential real estate on the balance sheet. This shift has supported record net interest income (NII, the core revenue banks earn from lending) and modest NIM expansion in recent quarters.
In recent market activity, ASB shares have traded with some volatility, with a pullback over the trailing 30-day window offsetting a solid year-to-date advance. Sentiment has been influenced by the integration of American National Corporation, which management expects to drive meaningful deposit and loan growth, as well as by the bank's capital-return program, including a dividend increase and share repurchases. Analysts generally hold a Buy-to-Hold consensus, with price targets clustered in the low-to-mid $30s, reflecting both the loan-mix improvement and lingering credit-quality considerations tied to commercial real estate (CRE) exposure.
EWBC Overview and Recent Performance
East West Bancorp, the largest independent bank headquartered in Southern California, operates more than 110 locations across the United States and Asia. Its core franchise is built on cross-border commercial banking, wealth management, and trade finance, which gives it a differentiated revenue profile compared with most regional peers. The bank has reported record levels of loans, deposits, and fee income in recent quarters, with NII growth driven by loan balances and disciplined deposit repricing.
EWBC has outperformed its peer group over the past six months, gaining more than 15% while the broader regional-bank industry advanced by a smaller margin. Profitability metrics remain strong, with return on average common equity in the mid-teens and a NIM around 3.4%. The company raised its quarterly dividend by about one-third and maintains an active share-repurchase authorization. Analyst sentiment is broadly constructive, with several firms raising price targets into the mid-$130s to low-$150s on the strength of fee income and capital strength.
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Head-to-Head Comparison
The two banks diverge most clearly in scale, geography, and profitability. EWBC is roughly 60% larger by assets and produces a higher NIM and ROE, reflecting a business model weighted toward relationship-driven commercial lending and fee-based services such as wealth management. ASB, by contrast, is a more conventional community and commercial lender whose near-term story hinges on acquisition integration and loan-mix repositioning.
Growth drivers also differ. ASB's outlook depends on realizing cost savings and deposit growth from its American National acquisition while managing credit risk in its CRE portfolio. EWBC's growth is tied to loan and fee momentum, cross-border activity, and a favorable higher-for-longer interest-rate environment. On risk, ASB carries relatively greater exposure to commercial real estate and integration execution, while EWBC faces sensitivity to US–China trade and economic relations. Recent market sentiment has favored EWBC, whose trend has been steadier and whose earnings revisions have been consistently positive, whereas ASB has shown more choppy short-term momentum despite solid longer-term gains.
Tickeron AI Verdict
Based on observable factors such as trend consistency, profitability, and relative positioning, Tickeron's AI would currently lean toward EWBC. The bank's steadier uptrend, stronger NIM and ROE, record fee income, and constructive earnings revisions suggest a more durable momentum profile than ASB's acquisition-dependent narrative. That said, the assessment is probabilistic rather than definitive: ASB's loan-mix transformation and integration synergies could narrow the gap if credit quality remains stable and cost savings materialize. The AI's preference for EWBC reflects current trend and fundamental positioning, not a guaranteed outcome.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ASB is a Buy and EWBC is a Buy.
ASB's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for ASB turned positive on October 09, 2026. Looking at past instances where ASB's MACD turned positive, the stock continued to rise in 29 of 44 cases over the following month. The odds of a continued upward trend are 66%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 20, 2026. You may want to consider a long position or call options on ASB as a result. In 55 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 61%.
ASB moved above its 50-day moving average on October 22, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ASB crossed bullishly above the 50-day moving average on October 29, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 65%.
Following a +1.81% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASB advanced for three days, in 177 of 302 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.
The Aroon Indicator entered an Uptrend today. In 113 of 222 cases where ASB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 51%.
Bearish Trend Analysis
The 10-day RSI Indicator for ASB moved out of overbought territory on November 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In 20 of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at 59%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 33 of 59 cases where ASB's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 56%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASB declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 60%.
ASB broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 11 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 29 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.
The Tickeron Valuation Rating of 44 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.053) is normal, around the industry mean (1.262). P/E Ratio (10.542) is within average values for comparable stocks, (13.480). Projected Growth (PEG Ratio) (0.340) is also within normal values, averaging (1.194). Dividend Yield (0.032) settles around the average of (0.035) among similar stocks. P/S Ratio (3.203) is also within normal values, averaging (3.740).
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. ASB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 94 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Momentum Indicator for EWBC turns positive, indicating new upward trend
EWBC saw its Momentum Indicator move above the 0 level on November 09, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 84 similar instances where the indicator turned positive. In 60 of the 84 cases, the stock moved higher in the following days. The odds of a move higher are at 71%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
EWBC moved above its 50-day moving average on October 21, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for EWBC crossed bullishly above the 50-day moving average on October 26, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 50%.
Following a +3.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where EWBC advanced for three days, in 216 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
The Aroon Indicator entered an Uptrend today. In 178 of 292 cases where EWBC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.
Bearish Trend Analysis
The 10-day RSI Indicator for EWBC moved out of overbought territory on October 23, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In 31 of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at 79%.
The Moving Average Convergence Divergence Histogram (MACD) for EWBC turned negative on November 06, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 28 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 62%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWBC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 62%.
EWBC broke above its upper Bollinger Band on October 20, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 9 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 32 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 36 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. EWBC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 95 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.909) is normal, around the industry mean (1.262). P/E Ratio (12.306) is within average values for comparable stocks, (13.480). Projected Growth (PEG Ratio) (4.719) is also within normal values, averaging (1.194). Dividend Yield (0.025) settles around the average of (0.035) among similar stocks. EWBC's P/S Ratio (5.714) is slightly higher than the industry average of (3.740).
ASB | EWBC | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 35 | 86 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 44 Fair valued | 95 Overvalued | |
PROFIT vs RISK RATING 1..100 | 29 | 32 | |
SMR RATING 1..100 | 11 | 9 | |
PRICE GROWTH RATING 1..100 | 45 | 45 | |
P/E GROWTH RATING 1..100 | 94 | 36 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ASB's Valuation (44) in the Regional Banks industry is somewhat better than the same rating for EWBC (95). This means that ASB’s stock grew somewhat faster than EWBC’s over the last 12 months.
ASB's Profit vs Risk Rating (29) in the Regional Banks industry is in the same range as EWBC (32). This means that ASB’s stock grew similarly to EWBC’s over the last 12 months.
EWBC's SMR Rating (9) in the Regional Banks industry is in the same range as ASB (11). This means that EWBC’s stock grew similarly to ASB’s over the last 12 months.
EWBC's Price Growth Rating (45) in the Regional Banks industry is in the same range as ASB (45). This means that EWBC’s stock grew similarly to ASB’s over the last 12 months.
EWBC's P/E Growth Rating (36) in the Regional Banks industry is somewhat better than the same rating for ASB (94). This means that EWBC’s stock grew somewhat faster than ASB’s over the last 12 months.
| ASB | EWBC | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 59% | 2 days ago 79% |
| Stochastic ODDS (%) | 2 days ago 56% | 2 days ago 69% |
| Momentum ODDS (%) | 2 days ago 61% | 2 days ago 71% |
| MACD ODDS (%) | 2 days ago 66% | 2 days ago 62% |
| TrendWeek ODDS (%) | 2 days ago 60% | 2 days ago 61% |
| TrendMonth ODDS (%) | 2 days ago 56% | 2 days ago 62% |
| Advances ODDS (%) | 2 days ago 59% | 21 days ago 69% |
| Declines ODDS (%) | 6 days ago 60% | 6 days ago 62% |
| BollingerBands ODDS (%) | 2 days ago 64% | 2 days ago 61% |
| Aroon ODDS (%) | 2 days ago 51% | 2 days ago 61% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
ASB’s FA Score shows that 2 FA rating(s) are green while EWBC’s FA Score has 2 green FA rating(s).
- ASB’s FA Score: 2 green, 3 red.
- EWBC’s FA Score: 2 green, 3 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
ASB’s TA Score shows that 6 TA indicator(s) are bullish while EWBC’s TA Score has 6 bullish TA indicator(s).
- ASB’s TA Score: 6 bullish, 4 bearish.
- EWBC’s TA Score: 6 bullish, 4 bearish.
Price Growth
ASB (@Regional Banks) experienced а -0.06% price change this week, while EWBC (@Regional Banks) price change was -1.26% for the same time period.
The average weekly price growth across all stocks in the @Regional Banks industry was -1.23%. For the same industry, the average monthly price growth was +2.41%, and the average quarterly price growth was +11.80%.
Reported Earning Dates
ASB is expected to report earnings on Jan 28, 2027.
EWBC is expected to report earnings on Jan 28, 2027.
Industries' Descriptions
@Regional Banks (-1.23% weekly)Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.
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ASB and
Correlation & Price change
A.I.dvisor indicates that over the last year, ASB has been closely correlated with ONB. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASB jumps, then ONB could also see price increases.
| Ticker / NAME | Correlation To ASB | 1D Price Change % | ||
|---|---|---|---|---|
| ASB | 100% | +0.06% | ||
| ONB - ASB | 90% Closely correlated | -0.39% | ||
| FULT - ASB | 89% Closely correlated | -0.54% | ||
| FNB - ASB | 89% Closely correlated | +0.05% | ||
| SSB - ASB | 87% Closely correlated | -0.25% | ||
| WTFC - ASB | 86% Closely correlated | -0.23% | ||
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EWBC and
Correlation & Price change
A.I.dvisor indicates that over the last year, EWBC has been closely correlated with WTFC. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWBC jumps, then WTFC could also see price increases.
| Ticker / NAME | Correlation To EWBC | 1D Price Change % | ||
|---|---|---|---|---|
| EWBC | 100% | -0.18% | ||
| WTFC - EWBC | 84% Closely correlated | -0.23% | ||
| ZION - EWBC | 83% Closely correlated | +0.11% | ||
| ASB - EWBC | 83% Closely correlated | +0.06% | ||
| FNB - EWBC | 82% Closely correlated | +0.05% | ||
| KEY - EWBC | 82% Closely correlated | -0.33% | ||
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