Market cap
$5,809 Mln
Revenue (TTM)
$2,568 Mln
P/E Ratio
10.8
P/B Ratio
1.1
Div. Yield
3.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 16.52 | 15.40 | 21.30 | 10.85 | 17.80 |
| EBIT | 4.11 | 13.99 | 229.25 | 8.11 | 15.71 |
| Net Profit | 3.28 | 11.09 | 262.52 | 8.49 | 11.16 |
| EPS | -9.41 | -2.69 | 251.93 | 3.87 | 8.68 |
| Book Value | -- | -- | 2.17 | 3.89 | 2.25 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 13.47 | 22.33 | 24.51 | 23.50 | 6.39 |
| Net Margin
| -- | -- | 19.67 | -- | -- |
| Return on equity
| 5.73 | 6.99 | 9.52 | 9.91 | 2.81 |
| Return on Capital
| 3.18 | 3.97 | -- | 5.61 | 1.67 |
| Return on Assets
| 0.61 | 0.77 | 0.98 | 1.08 | 0.29 |
| Debt to Equity (x)
| -- | -- | 0.15 | 0.84 | 0.69 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
5.61
|
1.67
|
2.26
|
4.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
9.52
Lower than Peers by 0.35
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
9.52
|
9.91
|
2.81
|
4.47
|
9.11
|
|
Peer Median
|
9.87
|
--
|
--
|
--
|
--
|
ROA
0.98
Higher than Peers by 0.02
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
0.98
|
1.08
|
0.29
|
0.45
|
0.98
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
EBIT Margin
24.51
Higher than Peers by 3.71
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
24.51
|
23.50
|
6.39
|
10.52
|
32.33
|
|
Peer Median
|
20.79
|
--
|
--
|
--
|
--
|
Net Margin
19.67
Lower than Peers by 0.36
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
19.67
|
19.31
|
5.85
|
9.34
|
25.75
|
|
Peer Median
|
20.03
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
21.30
Higher than Peers by 10.20
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
21.30
|
0.17
|
0.07
|
0.38
|
0.27
|
|
Peer Median
|
11.10
|
--
|
--
|
--
|
--
|
EBIT Growth
229.25
Higher than Peers by 240.74
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
229.25
|
329.80
|
-34.75
|
-55.17
|
5.35
|
|
Peer Median
|
-11.50
|
--
|
--
|
--
|
--
|
Net Profit Growth
262.52
Higher than Peers by 255.24
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
262.52
|
285.54
|
-32.69
|
-50.03
|
4.31
|
|
Peer Median
|
7.27
|
--
|
--
|
--
|
--
|
EPS Growth
251.93
Higher than Peers by 246.14
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
251.93
|
2.65
|
-0.36
|
-0.50
|
0.04
|
|
Peer Median
|
5.78
|
--
|
--
|
--
|
--
|
Book Value Growth
3.30
Lower than Peers by 5.47
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
3.30
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.77
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.15
Lower than Peers by 0.06
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
0.15
|
0.84
|
0.69
|
0.67
|
1.29
|
|
Peer Median
|
0.21
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.09
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
0.09
|
0.06
|
0.37
|
0.26
|
0.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.38
Higher than Peers by 1.07
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
1.38
|
0.30
|
0.16
|
0.13
|
0.10
|
|
Peer Median
|
0.31
|
--
|
--
|
--
|
--
|
Quick Ratio
1.38
Higher than Peers by 1.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
1.38
|
--
|
--
|
0.16
|
0.13
|
|
Peer Median
|
0.36
|
--
|
--
|
--
|
--
|
Interest Coverage
1.66
Lower than Peers by 0.09
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
1.66
|
0.59
|
0.13
|
0.22
|
2.45
|
|
Peer Median
|
1.75
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
7.09
Higher than Peers by 0.19
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
7.09
|
6.55
|
7.97
|
8.66
|
10.16
|
|
Peer Median
|
6.90
|
--
|
--
|
--
|
--
|
Asset Turnover
0.05
Higher than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
0.05
|
0.06
|
0.05
|
0.05
|
0.04
|
|
Peer Median
|
0.05
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
24.42
|
29.27
|
29.29
|
28.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
--
|
-344.15
|
394.51
|
-1,547.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
--
|
--
|
-12,576.44
|
48,028.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
--
|
--
|
13,000.24
|
-49,547.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.76
Lower than Peers by 2.03
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
10.76
|
9.05
|
30.61
|
17.55
|
9.52
|
|
Peer Median
|
12.79
|
--
|
--
|
--
|
--
|
Price / Book Value
1.07
Lower than Peers by 0.25
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
1.07
|
0.86
|
0.82
|
0.77
|
0.87
|
|
Peer Median
|
1.32
|
--
|
--
|
--
|
--
|
Dividend Yield
3.08
Higher than Peers by 0.60
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
3.08
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.48
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
--
|
3.67
|
5.73
|
7.32
|
10.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
5,809
Higher than Peers by 5,495
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Associated Banc-Corp (ASB)
|
5,809
|
--
|
--
|
--
|
--
|
|
Peer Median
|
314
|
--
|
--
|
--
|
--
|