8-K Announcements
6Apr 1, 2026·SEC
Mar 12, 2026·SEC
Feb 9, 2026·SEC
Associated Banc-Corp (ASBA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Associated Banc-Corp (ASBA) stock price & volume — 10-year historical chart
Associated Banc-Corp (ASBA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Associated Banc-Corp (ASBA) EPS & revenue vs analyst estimates — last 2 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $0.81 | $935M |
| Q4 2023 | Sep 30, 2023 | $0.53 | $299M |
Associated Banc-Corp (ASBA) competitors in Commercial and middle-market focused banks — business model, growth, and fundamentals comparison
Associated Banc-Corp (ASBA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Associated Banc-Corp (ASBA) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -855.3M | -1.08B | -327.77M |
| NII Growth % | - | - | - | - | - | - | - | - | -25.74% | -27.88% |
| Net Interest Margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -2.09% | -2.5% | -0.74% |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63.18M | 0 | -130.14M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 918.48M | 1.08B | 736.84M |
| Loan Loss Provision | 0 | 0 | 0 | 0 | 0 | 16.19M | 9.6M | -1.86B | -1.08B | -280.76M |
| Non-Interest Income | 990.16M | 1.05B | 1.23B | 1.2B | 1.12B | 1.15B | 1.21B | 956.55M | 952.86M | 1.41B |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 93.8% | 100% | 110.14% |
| Total Revenue | 990.16M▲ 0% | 1.05B▲ 5.8% | 1.23B▲ 17.8% | 1.2B▼ 2.8% | 1.12B▼ 6.7% | 1.15B▲ 2.3% | 1.21B▲ 5.3% | 1.02B▼ 15.5% | 952.86M▼ 6.6% | 1.28B▲ 0% |
| Revenue Growth % | 2.27% | 5.83% | 17.82% | -2.76% | -6.65% | 2.28% | 5.27% | -15.49% | -6.56% | 53.99% |
| Non-Interest Expense | 702.56M | 709.13M | 821.25M | 794.05M | 793.74M | 709.92M | 747.06M | 695.56M | 718.32M | 554.73M |
| Efficiency Ratio | 70.95% | 67.67% | 66.52% | 66.14% | 70.82% | 61.94% | 61.91% | 68.21% | 75.39% | 43.21% |
| Operating Income | 329.28M▲ 0% | 379.32M▲ 15.2% | 487.37M▲ 28.5% | 441.63M▼ 9.4% | 432.47M▼ 2.1% | 471.44M▲ 9.0% | 497.02M▲ 5.4% | 324.18M▼ 34.8% | 234.54M▼ 27.7% | -35.69M▲ 0% |
| Operating Margin % | 33.26% | 36.2% | 39.48% | 36.79% | 38.59% | 41.13% | 41.19% | 31.79% | 24.61% | -2.78% |
| Operating Income Growth % | 8.2% | 15.2% | 28.49% | -9.39% | -2.08% | 9.01% | 5.42% | -34.77% | -27.65% | - |
| Pretax Income | 287.6M▲ 0% | 338.77M▲ 17.8% | 413.35M▲ 22.0% | 406.51M▼ 1.7% | 326.97M▼ 19.6% | 436.31M▲ 33.4% | 459.63M▲ 5.3% | 206.05M▼ 55.2% | 134.46M▼ 34.7% | 237.26M▲ 0% |
| Pretax Margin % | 29.05% | 32.33% | 33.48% | 33.86% | 29.18% | 38.06% | 38.09% | 20.21% | 14.11% | 18.48% |
| Income Tax | 87.32M | 109.5M | 79.79M | 79.72M | 20.2M | 85.31M | 93.51M | 23.1M | 11.31M | 61.23M |
| Effective Tax Rate % | 30.36% | 32.32% | 19.3% | 19.61% | 6.18% | 19.55% | 20.34% | 11.21% | 8.41% | 25.81% |
| Net Income | 189.31M▲ 0% | 218.56M▲ 15.5% | 321.18M▲ 47.0% | 309.51M▼ 3.6% | 286.43M▼ 7.5% | 331.51M▲ 15.7% | 352.41M▲ 6.3% | 182.96M▼ 48.1% | 123.14M▼ 32.7% | 176.03M▲ 0% |
| Net Margin % | 19.12% | 20.86% | 26.01% | 25.78% | 25.56% | 28.92% | 29.2% | 17.94% | 12.92% | 13.71% |
| Net Income Growth % | 5.6% | 15.45% | 46.95% | -3.63% | -7.46% | 15.74% | 6.31% | -48.08% | -32.69% | -6.56% |
| Net Income (Continuing) | 200.27M | 229.26M | 333.56M | 326.79M | 306.77M | 350.99M | 366.12M | 182.96M | 123.14M | 176.03M |
| EPS (Diluted) | 1.26▲ 0% | 1.42▲ 12.7% | 1.89▲ 33.1% | 1.91▲ 1.1% | 1.86▼ 2.6% | 2.18▲ 17.2% | 2.34▲ 7.3% | 1.13▼ 51.7% | 0.80▼ 29.2% | 1.06▲ 0% |
| EPS Growth % | 5.88% | 12.7% | 33.1% | 1.06% | -2.62% | 17.2% | 7.34% | -51.71% | -29.2% | -26.61% |
| EPS (Basic) | 1.26 | 1.42 | 1.89 | 1.91 | 1.86 | 2.18 | 2.34 | 1.14 | 0.81 | - |
| Diluted Shares Outstanding | 149.96M | 153.65M | 169.73M | 161.93M | 153.64M | 151.99M | 150.5M | 150.86M | 153.35M | 166.7M |
Associated Banc-Corp (ASBA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 642.23M | 643.04M | 782.78M | 400.23M | 716.05M | 1.03B | 464.76M | 4.09B | 5.13B | 21.71B |
| Cash & Due from Banks | 642.23M | 643.04M | 782.78M | 400.23M | 716.05M | 1.03B | 464.76M | 498.73M | 544.06M | 490.43M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.6B | 4.58B | 5.22B |
| Total Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.6B | 4.58B | 5.22B |
| Investments Growth % | - | - | - | - | - | - | - | - | 27.23% | 25.64% |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 1.05B | 1.05B | 1.31B | 1.33B | 1.22B | 1.22B | 1.23B | 1.15B | 1.14B | 1.13B |
| Goodwill | 971.95M | 976.24M | 1.17B | 1.18B | 1.11B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Intangible Assets | 76.85M | 73.96M | 144.03M | 155.61M | 110.22M | 112.95M | 126.63M | 40.47M | 31.66M | 25.05M |
| PP&E (Net) | 330.31M | 330.96M | 363.23M | 437.47M | 419.88M | 385.32M | 377.36M | 372.98M | 379.09M | 384.14M |
| Other Assets | 27.12B | 28.46B | 31.16B | 30.22B | 31.06B | 32.48B | 37.33B | 0 | 0 | 0 |
| Total Current Assets | 642.23M | 643.04M | 782.78M | 400.23M | 716.05M | 1.03B | 464.76M | 4.25B | 5.29B | 5.88B |
| Total Non-Current Assets | 28.5B | 29.84B | 32.83B | 31.99B | 32.7B | 34.08B | 38.94B | 1.52B | 1.52B | 1.51B |
| Total Assets | 29.14B▲ 0% | 30.48B▲ 4.6% | 33.62B▲ 10.3% | 32.39B▼ 3.7% | 33.42B▲ 3.2% | 35.1B▲ 5.0% | 39.41B▲ 12.3% | 41.02B▲ 4.1% | 43.02B▲ 4.9% | 44.46B▲ 0% |
| Asset Growth % | 5.15% | 4.61% | 10.27% | -3.65% | 3.19% | 5.04% | 12.25% | 4.09% | 4.89% | 21.19% |
| Return on Assets (ROA) | 0.67% | 0.73% | 1% | 0.94% | 0.87% | 0.97% | 0.95% | 0.46% | 0.29% | 0.4% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 2.79B | 1.28B | 2.11B | 3.21B | 2.18B | 1.87B | 1.44B | 1.74B | 792.4M | 0 |
| Net Debt | 2.15B | 632.44M | 1.32B | 2.81B | 1.47B | 844.69M | 977.7M | 1.24B | -227.21M | -490.43M |
| Long-Term Debt | 2.79B | 1.28B | 2.11B | 3.21B | 2.18B | 1.87B | 1.44B | 1.74B | 792.4M | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 23.25B | 25.97B | 27.73B | 25.26B | 27.15B | 29.21B | 33.95B | 35.1B | 37.63B | 0 |
| Total Current Liabilities | 226.65M | 292.91M | 367.82M | 294.46M | 207.27M | 90.55M | 317.8M | 0 | 0 | 0 |
| Total Non-Current Liabilities | 25.82B | 26.95B | 29.47B | 28.17B | 29.12B | 30.99B | 35.07B | 36.84B | 38.42B | 0 |
| Total Liabilities | 26.05B | 27.25B | 29.83B | 28.46B | 29.33B | 31.08B | 35.39B | 36.84B | 38.42B | 39.59B |
| Total Equity | 3.09B▲ 0% | 3.24B▲ 4.7% | 3.78B▲ 16.8% | 3.92B▲ 3.7% | 4.09B▲ 4.3% | 4.02B▼ 1.6% | 4.02B▼ 0.2% | 4.17B▲ 3.9% | 4.61B▲ 10.3% | 4.67B▲ 0% |
| Equity Growth % | 5.25% | 4.73% | 16.79% | 3.74% | 4.3% | -1.62% | -0.23% | 3.95% | 10.34% | 41.37% |
| Equity / Assets (Capital Ratio) | 10.61% | 10.62% | 11.25% | 12.11% | 12.24% | 11.47% | 10.19% | 10.18% | 10.7% | 10.51% |
| Return on Equity (ROE) | 6.28% | 6.91% | 9.15% | 8.04% | 7.15% | 8.17% | 8.77% | 4.47% | 2.81% | 3.77% |
| Book Value per Share | 20.61 | 21.07 | 22.28 | 24.22 | 26.63 | 26.48 | 26.68 | 27.67 | 30.03 | 28.04 |
| Tangible BV per Share | 13.62 | 14.24 | 14.54 | 16.00 | 18.69 | 18.47 | 18.50 | 20.07 | 22.62 | 21.26 |
| Common Stock | 1.63M | 1.62M | 1.75M | 1.75M | 1.75M | 1.75M | 1.75M | 1.75M | 1.89M | 1.89M |
| Additional Paid-in Capital | 1.46B | 1.34B | 1.71B | 1.72B | 1.72B | 1.71B | 1.71B | 1.71B | 2.05B | 0 |
| Retained Earnings | 1.7B | 1.93B | 2.18B | 2.38B | 2.46B | 2.67B | 2.9B | 2.95B | 2.92B | 3.13B |
| Accumulated OCI | -54.68M | -62.76M | -124.97M | -33.18M | 12.62M | -10.32M | -272.8M | -171.1M | -74.42M | -15.98M |
| Treasury Stock | -170.83M | -134.76M | -246.64M | -400.46M | -456.2M | -546.23M | -525.19M | -512.42M | -482.63M | 0 |
| Preferred Stock | 159.93M | 159.93M | 256.72M | 256.72M | 353.51M | 193.19M | 194.11M | 194.11M | 194.11M | 0 |
Associated Banc-Corp (ASBA) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 641.38M | 458.37M | 496.57M | 574.26M | 550.02M | 529.55M | 846.57M | 442.74M | 580.25M | 580.25M |
| Operating CF Growth % | 112.94% | -28.53% | 8.33% | 15.65% | -4.22% | -3.72% | 59.86% | -47.7% | 31.06% | 258.94% |
| Net Income | 200.27M | 229.26M | 333.56M | 326.79M | 306.77M | 350.99M | 366.12M | 182.96M | 123.14M | 176.03M |
| Depreciation & Amortization | 59.85M | 59.01M | 66.01M | 80.53M | 60.76M | 55.35M | 53.9M | 55.8M | 57.66M | 59.2M |
| Deferred Taxes | -14.16M | -12.52M | -9.58M | -32.59M | -21.93M | -25.73M | 47.21M | 0 | 0 | 0 |
| Other Non-Cash Items | 345.59M | 165.46M | 50.68M | 173.13M | 193.33M | 17.3M | 472.98M | 131.46M | 331.91M | 337.2M |
| Working Capital Changes | 13.67M | -17.36M | 29.32M | -31.19M | -31.84M | 89.91M | -63.15M | 55.19M | 29.96M | 3.14M |
| Cash from Investing | -1.65B | -1.4B | -380.87M | 1.62B | -793.74M | -1.58B | -5.25B | -1.44B | -2.22B | -2.3B |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K |
| Acquisitions | -685K | 339K | 59.47M | 551.25M | -31.52M | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -1.55B | -1.35B | -374.49M | 1.13B | -707.54M | -1.53B | -5.19B | -1.44B | -2.36B | -2.44B |
| Cash from Financing | 1.18B | 1.01B | 44.98M | -2.48B | 371.02M | 1.36B | 4B | 1.3B | 1.73B | 2.02B |
| Dividends Paid | -76.76M | -85.76M | -116.3M | -127.01M | -130.38M | -133.17M | -134.64M | -141.03M | -139.2M | -154.13M |
| Share Repurchases | -25.08M | -46.32M | -246.67M | -186.08M | -77.37M | -137.8M | -6.48M | -6.59M | -24.52M | -22.61M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -25.08M | -46.32M | -246.67M | -186.08M | -77.37M | -137.8M | -6.48M | -6.59M | -24.52M | -22.61M |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -3M |
| Other Financing | 1.2B | 509.38M | 420.3M | -1.9B | 1.62B | 1.95B | 4.56B | 1.15B | 2.21B | 2.83B |
| Net Change in Cash | 168.55M▲ 0% | 73.78M▼ 56.2% | 160.68M▲ 117.8% | -287.95M▼ 279.2% | 127.3M▲ 144.2% | 309.47M▲ 143.1% | -404.06M▼ 230.6% | 302.37M▲ 174.8% | 95.78M▼ 68.3% | 325.73M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 2K | 0 | 1K | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 473.69M | 642.23M | 716.02M | 876.7M | 588.74M | 716.05M | 1.03B | 621.46M | 923.82M | 1.26B |
| Cash at End | 642.23M | 716.02M | 876.7M | 588.74M | 716.05M | 1.03B | 621.46M | 923.82M | 1.02B | 1.29B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 537.5M▲ 0% | 411M▼ 23.5% | 430.71M▲ 4.8% | 506.8M▲ 17.7% | 495.34M▼ 2.3% | 477.27M▼ 3.6% | 783.86M▲ 64.2% | 380.93M▼ 51.4% | 535.26M▲ 40.5% | 604.74M▲ 0% |
| FCF Growth % | 117.99% | -23.54% | 4.8% | 17.67% | -2.26% | -3.65% | 64.24% | -51.4% | 40.52% | 44.16% |
Associated Banc-Corp (ASBA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.28% | 6.91% | 9.15% | 8.04% | 7.15% | 8.17% | 8.77% | 4.47% | 2.81% | 3.77% |
| Return on Assets (ROA) | 0.67% | 0.73% | 1% | 0.94% | 0.87% | 0.97% | 0.95% | 0.46% | 0.29% | 0.4% |
| Net Interest Margin | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -2.09% | -2.5% | -0.74% |
| Efficiency Ratio | 70.95% | 67.67% | 66.52% | 66.14% | 70.82% | 61.94% | 61.91% | 68.21% | 75.39% | 43.21% |
| Equity / Assets | 10.61% | 10.62% | 11.25% | 12.11% | 12.24% | 11.47% | 10.19% | 10.18% | 10.7% | 10.51% |
| Book Value / Share | 20.61 | 21.07 | 22.28 | 24.22 | 26.63 | 26.48 | 26.68 | 27.67 | 30.03 | 28.04 |
| NII Growth | - | - | - | - | - | - | - | - | -25.74% | 52.28% |
| Dividend Payout | 40.55% | 39.24% | 36.21% | 41.03% | 45.52% | 40.17% | 38.2% | 77.09% | 113.03% | 10.12% |
Associated Banc-Corp (ASBA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 1, 2026·SEC
Mar 12, 2026·SEC
Feb 9, 2026·SEC
Feb 12, 2026·SEC
Associated Banc-Corp (ASBA) stock FAQ — growth, dividends, profitability & financials explained
Associated Banc-Corp (ASBA) saw revenue decline by 6.6% over the past year.
Yes, Associated Banc-Corp (ASBA) is profitable, generating $176.0M in net income for fiscal year 2024 (12.9% net margin).
Yes, Associated Banc-Corp (ASBA) pays a dividend with a yield of 3.63%. This makes it attractive for income-focused investors.
Associated Banc-Corp (ASBA) has a return on equity (ROE) of 2.8%. This is below average, suggesting room for improvement.
Associated Banc-Corp (ASBA) has a net interest margin (NIM) of -2.5%. NIM has been under pressure due to interest rate environment.
Associated Banc-Corp (ASBA) has an efficiency ratio of 75.4%. This is higher than peers, suggesting room for cost optimization.
Associated Banc-Corp (ASBA) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates