insiderdelta
CoverageForm 410-K10-Q8-K13D13G13F

ASB · Associated Banc-Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · ASB

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AnnualQuarterly

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue--$1.10B$1.24B$1.06B$1.28B
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A$50.36M$48.84M$46.99M$45.09M$46.51M$50.57M
Operating Income$577.91M$134.46M$206.05M$459.63M$436.31M$326.97M
Interest Expense$971.61M$1.08B$918.48M$187.93M$72.33M$149.88M
Income Tax$103.13M$11.31M$23.10M$93.51M$85.31M$20.20M
Net Income$474.78M$123.14M$182.96M$366.12M$350.99M$306.77M
EPS - Basic$2.79$0.73$1.14$2.36$2.20$1.87
EPS - Diluted$2.77$0.72$1.13$2.34$2.18$1.86

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$1.72B$1.02B$923.82M$621.46M$1.03B$716.05M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$45.20B$43.02B$41.02B$39.41B$35.10B$33.42B
Current Liabilities------
Long-term Debt$1.01B$1.44B$1.74B$1.44B$1.87B$549.47M
Total Liabilities$40.23B$38.42B$36.84B$35.39B$31.08B$29.33B
Stockholders' Equity$4.98B$4.61B$4.17B$4.02B$4.02B$4.09B
Retained Earnings$3.23B-$2.95B$2.90B$2.67B$2.46B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$615.69M$580.25M$442.74M$846.57M$529.55M$550.02M
Investing Cash Flow($1.62B)($2.22B)($1.44B)($5.25B)($1.58B)($793.74M)
Financing Cash Flow$1.71B$1.73B$1.30B$4.00B$1.36B$371.02M
CapEx------
Free Cash Flow------

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin--18.7%37.1%41.2%25.6%
EBITDA margin--22.9%40.7%45.6%29.6%
Net margin--16.6%29.5%33.2%24.0%
Free cash flow margin------
FCF / Net income------
R&D / Revenue------
SG&A / Revenue------
Effective tax rate17.8%8.4%11.2%20.3%19.6%6.2%
Return on assets1.1%0.3%0.4%0.9%1.0%0.9%
Return on equity9.5%2.7%4.4%9.1%8.7%7.5%
Return on invested capital7.9%2.0%3.1%6.7%6.0%6.6%
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity0.200.310.420.360.460.13
Debt / Assets0.020.030.040.040.050.02
Debt / EBITDA1.607.866.882.863.871.46
Interest coverage0.6x0.1x0.2x2.4x6.0x2.2x
Equity multiplier9.099.349.839.818.728.17
Liabilities / Assets0.890.890.900.900.890.88
Efficiency
Asset turnover--0.030.030.030.04
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E9.3x33.2x18.9x9.9x10.4x9.2x
P / B0.9x0.8x0.8x0.9x0.9x0.6x
P / S--2.9x2.8x3.2x2.1x
EV / EBITDA5.7x22.3x16.0x8.5x8.9x6.5x
Growth
Revenue growth (YoY)---11.0%17.1%-17.1%5.0%
Revenue CAGR (3y)---4.8%0.6%-5.0%5.9%
Revenue CAGR (5y)---2.2%2.9%-0.0%4.9%
Gross profit growth (YoY)------
Operating income growth (YoY)329.8%-34.7%-55.2%5.3%33.4%-19.6%
Net income growth (YoY)285.5%-32.7%-50.0%4.3%14.4%-6.1%
EPS growth (YoY)284.7%-36.3%-51.7%7.3%17.2%-2.6%
EPS CAGR (3y)5.8%-30.9%-15.3%7.0%4.9%9.4%
EPS CAGR (5y)8.3%-17.7%-9.8%10.5%11.6%9.3%
FCF growth (YoY)------
FCF CAGR (5y)------
Book value growth (YoY)8.0%10.3%3.9%-0.2%-1.6%4.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2023-12-31.

Business segments

$1.10B total
Community Consumerand Business$841.13M · 76.3%
Corporateand Commercial Specialty$703.76M · 63.8%
Risk Managementand Shared Services($442.14M) · -40.1%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9
Neutral
  • ✓Net income positive
  • ✓Operating cash flow positive
  • ✓ROA improved YoY
  • ✓Cash flow > net income
  • ✓Long-term debt decreased
  • -Current ratio improved
  • ✗No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: State Commercial Banks

CompanyRevenue (last FY)Net marginROE
CZNC$5.98M392.0%6.9%
CBSH--14.9%
SBSI--8.2%
BUSE$719.58M18.8%5.5%
RBCAA$417.50M31.5%11.9%

Comparing ASSOCIATED BANC-CORP against the 5 most active filers in the same SIC group.

Dividends

$0.95/share trailing 12 months · +4.4% YoY

Ex-datePer share
Jun 1, 2026$0.2400
Mar 2, 2026$0.2400
Dec 1, 2025$0.2400
Sep 2, 2025$0.2300
Jun 2, 2025$0.2300
Mar 3, 2025$0.2300
Dec 2, 2024$0.2300
Sep 3, 2024$0.2200
Jun 3, 2024$0.2200
Feb 29, 2024$0.2200
Nov 30, 2023$0.2200
Aug 31, 2023$0.2100
May 31, 2023$0.2100
Feb 28, 2023$0.2100
Nov 30, 2022$0.2100
Aug 31, 2022$0.2000
May 31, 2022$0.2000
Feb 28, 2022$0.2000
Nov 30, 2021$0.2000
Aug 31, 2021$0.2000
May 28, 2021$0.1800
Feb 26, 2021$0.1800
Nov 30, 2020$0.1800
Aug 31, 2020$0.1800