Shares of Associated Banc-Corp surged Friday on speculation that the Green Bay, Wis., bank holding company is about to be acquired.

The stock price for Associated, an $11.3 billion-asset company with 225 branches in Illinois and Wisconsin, jumped 10% during the first hour of trading from Thursday's close of $36.875.It closed Friday at $41.1875.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.