1. MARKETS
  2. SECTOR : BANKING & FINANCE
  3. INDUSTRY : MAJOR BANKS
  4. ASSOCIATED BANC-CORP.
Associated Banc-Corp.
XNYS: ASB
28.960.12(0.42%)
2.3M
XNYS Volume

XNYS 16 Oct, 2026 5:30 PM (EDT)

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Board Meeting
The next board meeting for Associated Banc-Corp. is on 23 Oct 2026 for the purpose of Associated Banc-Corp Third Quarter Earnings Results for 2026See details

Associated Banc-Corp. quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Associated Banc-Corp. share price target, revenues, EPS, net income and more

Associated Banc-Corp. quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Associated Banc-Corp. Jun-2026 Quarterly Revenue is $449 Million which is growth of 23.2% YoY.

  • POSITIVE

    Quarterly Net Profit Associated Banc-Corp. Jun-2026 Quarterly Net Profit is $124 Million which is growth of 11.1% YoY.

Associated Banc-Corp., Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
448.9381.3388384.9364.3342.161.6327320320.9121.8318.8321.8
Cost Of Rev.
-------------
Gross Profit
-------------
⌄
----------170.5133.4130.7
Operating Profit
----------
-------------
Profit Before Tax
159.2152.9162.9154.3139.6121.1-177.8108.1102.9101.2-138102.7110.7
Tax
35.633.325.829.628.419.4-16.120.1-12.720-47.219.423.5
⌄
120.7116.8135.9121.3108.498.8-16384.7112.778.3-92.179.984.3
Diluted NI Avail to Com Stockholders Ann.
120.7116.8135.9121.3108.498.8-16384.7112.778.3-92.179.984.3
Basic EPS
0.60.70.80.70.70.6-10.60.80.5-0.60.50.6
Diluted EPS After ExtraOrdinary
0.60.70.80.70.70.60.60.60.70.50.50.50.6
Number Of Shares End
188.1165.1165.1165164.9165.2157.8150.3149.9149.9150.1150150
Net Income Continuing Discontinued Operations
123.6119.6137.1124.7111.2101.7-161.688115.681.2-90.883.387.2
Normalized Income
123.6119.6137.1126.4111.2100.59189.711480-898285.9
Interest Income
623.3528544.3556.6545.5525.9528.7540.3530.3523.4525.4508.6481.2
Interest
253.3220.9234.4251.4245.5239.9258.4277.8273.7265.5272254.4223.3
Net Interest Income
370307.2310305.2300285.9270.3262.5256.6257.9253.4254.2257.9
EBIT
-------------
EBITDA
-------------
Reconciled Cost Of Rev.
-------------
Reconciled Depr.
22.326.727.126.426.222.528.524.724.125.225.624.929.9
Profit From Continuing Operations
123.6119.6137.1124.7111.2101.7-161.688115.681.2-90.883.387.2
Normalized EBITDA
-------------
*All financials are in USD Million and price data in USD

Associated Banc-Corp. competitor comparison and performance snapshot within industry

Associated Banc-Corp. annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue Associated Banc-Corp. Dec-2025 Annual Revenue is $1,479 Million which is growth of 43.7% YoY.

  • POSITIVE

    Annual Net Profit Associated Banc-Corp. Dec-2025 Annual Net Profit is $475 Million which is growth of 285.5% YoY.

Associated Banc-Corp., Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
6.2%
3.3%
 1,479.31,029.41,097.41,233.81,0491,2571,207.61,235.21,073.91,060.21,004.7
Cost Of Rev. Ann.
-
-
 -----------
Gross Profit Ann.
-
-
 -----------
Operating Exp. Ann.
-
-
 ---918.5-187.9-72.3-149.9-336.9-274.6-145.4-84.3-77.4
Operating Profit Ann.
-
-
 --2,015.81,421.71,121.41,406.91,544.61,509.71,219.31,144.51,082.1
-
-
 -----------
Other Exp. Ann.
-
-
 -----------
PBT Ann.
7.9%
12.1%
629.2577.9134.5206.1459.6436.3327406.5413.4338.8287.6269.8
Tax Ann.
3.3%
38.5%
124.2103.111.323.193.585.320.279.779.8109.587.381.5
⌄
9.3%
9.9%
494.6463.3111.6171.5354.6333.9288.4311.6322.8218.6189.3179.3
Diluted NI Avail to Com Stockholders Ann.
9.3%
9.9%
494.6463.3111.6171.5354.6333.9288.4311.6322.8218.6189.3179.3
EPS Ann.
5.3%
8.1%
 2.80.71.12.42.21.91.91.91.51.31.2
Diluted EPS Ann.
6.8%
8.1%
 2.80.71.12.32.21.91.91.91.41.31.2
Number Of Shares End
3.4%
1.6%
 165.1157.8150.1149.5148.7152.5157164.6150.6149.3148.8
Total Exp. Ann.
-
-
 -----------
Net Income Continuing Discontinued Operations Ann.
9.1%
9.1%
505.1474.8123.1183366.1351306.8326.8333.6229.3200.3188.3
Normalized Income Ann.
8.4%
20.9%
506.7474.8118.3189.6372.7357.6184321346230.1200.3187.2
Interest Income Ann.
23.8%
18.9%
2,252.32,172.82,122.71,958.11,145.3798.2912.81,172.61,154.1886.6791.6753.7
Interest Ann.
72.9%
45.3%
959.8971.61,075.5918.5187.972.3149.9336.9274.6145.484.377.4
EBITDA Ann.
-
-
 -----------
Reconciled Cost Of Rev. Ann.
-
-
 -----------
Reconciled Depr. Ann.
14%
-1.2%
102.4102.1102.594.368.989.9108.5104.177.696.5106.5101.7
Profit From Continuing Operations Ann.
9.1%
9.1%
505.1474.8123.1183366.1351306.8326.8333.6229.3200.3188.3
Normalized EBITDA Ann.
-
-
 -----------
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
43.7%
2Y CAGR
16.1%
3Y CAGR
6.2%
5Y CAGR
3.3%
7Y CAGR
2.6%
10Y CAGR
3.9%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
285.7%
2Y CAGR
61.1%
3Y CAGR
9.1%
5Y CAGR
9.1%
7Y CAGR
5.2%
10Y CAGR
9.7%
Net Profit Annual growth is higher than historical averages.

Associated Banc-Corp. balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Associated Banc-Corp. Dec-2025 Total Shareholders Fund is $4,781 Million which is growth of 8.4% YoY.

  • POSITIVE

    Total Assets Associated Banc-Corp. Dec-2025 Total Assets is $45,203 Million which is growth of 5.1% YoY.

Associated Banc-Corp., Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
4.7%
6.2%
45,202.643,023.141,015.939,405.735,104.333,419.832,386.533,647.930,483.629,139.327,715
⌄
4.4%
6.5%
40,227.338,417.536,841.935,390.231,079.429,328.928,464.429,86727,246.226,04824,777.8
⌄
7.8%
5%
4,781.24,411.53,979.93,821.43,831.73,737.43,665.43,524.23,077.52,931.42,815.9
Total Capitalization Ann.
3.1%
-0.9%
5,982.56,046.75,915.15,4585,895.16,2727,130.28,150.96,634.95,853.15,616.6
Tangible Assets Ann.
10.5%
5.5%
3,761.23,381.22,944.12,783.92,806.92,871.42,590.32,467.82,187.22,042.51,890.6
Working Capital Ann.
-
-
--
Invested Capital Ann.
0.9%
7.7%
8,643.67,102.66,460.98,409.65,736.65,977.87,425.57,939.66,826.46,276.95,898.2
Tangible Book Value Ann.
11.3%
7.2%
3,567.13,187.12,7502,589.82,613.72,517.92,333.62,211.12,027.31,882.61,769.2
Borrowings Ann.
-5.6%
11.5%
3,862.42,691.42,481.54,588.71,905.12,241.53,762.34,415.43,748.93,345.53,082.3
Net Debt Ann.
-18.7%
7%
2,143.61,693.51,571.63,994.6879.41,525.53,179.13,6873,065.62,749.82,627.6
Share Issued Ann.
2.6%
1.5%
189189175.2175.2175.2175.2175.2175.2161.8163164.2
Number Of Shares End
3.4%
1.6%
165.1157.8150.1149.5148.7152.5157164.6150.6149.3148.8
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
5.1%
2Y CAGR
5%
3Y CAGR
4.7%
5Y CAGR
6.2%
7Y CAGR
4.3%
10Y CAGR
5%
Total Assets Annual growth is stable compared to historical averages.
Total ShareHolders Funds Ann.
1Y CHG
8.4%
2Y CAGR
9.6%
3Y CAGR
7.8%
5Y CAGR
5%
7Y CAGR
4.5%
10Y CAGR
5.4%
Total ShareHolders Funds Annual growth is higher than historical averages.

Associated Banc-Corp. ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Associated Banc-Corp. Book Value Per Share is $29 which is growth of 8.8% YoY.

  • NEUTRAL

    ROE Associated Banc-Corp. ROE is 0% which is growth of 0% YoY.

Associated Banc-Corp., Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-0.27%0.43%0.95%0.97%0.88%0.94%1.01%0.73%0.67%0.66%
ROE Ann. %
-
-
-2.66%4.40%9.27%8.82%7.79%8.67%9.78%7.27%6.59%6.45%
ROIC %
-
-
-----------
OPM Ann. %
-
-
--183.70%115.23%106.90%111.92%127.90%122.23%113.54%107.95%107.70%
Inventory Turnover Ratio Ann.
-
-
-----------
Asset Turnover Ann. %
-
-
-0000000000
Working Capital Turnover Ann.
-
-
-----------
Quick Ratio Ann.
-
-
-----------
Current Ratio Ann.
-
-
-----------
Interest Coverage Ratio Ann.
-
-
-----------
LT Debt To Equity Ann.
-
-
-0.30.40.40.50.60.91.21.10.91
*All financials are in USD Million and price data in USD

Associated Banc-Corp. cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • POSITIVE

    Cash From Operating Activity Associated Banc-Corp. Dec-2025 Cash From Operating Activity is $616 Million which is growth of 6.1% YoY.

  • POSITIVE

    Net Cash Flow Associated Banc-Corp. Dec-2025 Net Cash Flow is $701 Million which is growth of 631.4% YoY.

Associated Banc-Corp., Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-10.1%
2.3%
615.7580.3442.7846.6529.6550574.3496.6458.4628.9301.7
-
-
-1,624.8-2,219-1,436.3-5,254.8-1,584.2-793.71,617.4-380.9-1,396.9-1,640.6-1,534.4
-24.7%
35.7%
1,709.71,734.51,295.94,004.21,364.1371-2,479.7451,012.31,180.2674.2
Cash Plus Cash Eqv. End Of Year Ann.
40.4%
19.2%
1,720.21,019.6923.8621.51,025.5716.1588.7876.7716642.2473.7
Net Increase In Cash Plus Cash Eqv.s Ann.
-
40.6%
700.695.8302.4-404.1309.5127.3-288160.773.8168.6-558.4
Cash Plus Cash Eqv. Begin Of Year Ann.
-0.2%
11.6%
1,019.6923.8621.51,025.5716.1588.7876.7716642.2473.71,032.1
Income Tax Paid Supplemental Data Ann.
-
-
-17.869.418.457.717.741.118.381.575.684.4
Interest Paid Supplemental Data Ann.
78.2%
44.1%
988.31,075.2838.8174.781.6159.3332.9261.7138.288.373.1
Capex Ann.
-
-
-36.4-45-61.8-62.7-52.3-54.9-67.5-65.9-47.4-103.9-54.6
Issuance Of Capital Stock Ann.
134.4%
96.8%
3314.311.125.7100.811.2115.727.6118.883
Issuance Of Debt Ann.
512.6%
150.4%
413.8301.5294.11.874.2751.62,137.77501,265250
Repayment Of Debt Ann.
-
-
-861.6-601-0.6-413.6-319.4-1,042.1-1,014.7-2,150-115-1,180-1,500
Repurchase Of Capital Stock Ann.
-
-
-29-24.5-6.6-6.5-302.3-77.4-186.1-247.2-46.3-85.2-99.5
Free Cash Flow Ann.
-9.6%
3.2%
579.3535.3380.9783.9477.3495.1506.8430.7411525.1247.1
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
6.1%
2Y CAGR
17.9%
3Y CAGR
-10.1%
5Y CAGR
2.3%
7Y CAGR
3.1%
10Y CAGR
7.4%
Cash from Operating Activity Annual growth is higher than historical averages.
Cash from Financing Act. Ann.
1Y CHG
-1.4%
2Y CAGR
14.9%
3Y CAGR
-24.7%
5Y CAGR
35.7%
7Y CAGR
68.1%
10Y CAGR
9.8%
Cash from Financing Annual Activity is falling faster than historical averages.