GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
A

Associated Banc- ASB · USD

Financials · US listing · 🇺🇸 United States

Compare

30.89

+1.75%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue, before interest expense

$2.46bn

FY2016FY2025

Net income

$474.8m

FY2016FY2025

Total assets

$45.20bn

FY2016FY2025

Shareholders' equity

$4.98bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expense$2.46bn$2.10bn$1.96bn$1.42bn$1.12bn$1.41bn$1.54bn$1.50bn$1.21bn$1.14bn
Operating income$577.9m$134.5m$206.1m$459.6m$436.3m$327.0m$406.5m$413.3m$338.8m$287.6m
Net income$474.8m$123.1m$183.0m$366.1m$351.0m$306.8m$326.8m$333.6m$229.3m$200.3m
Diluted earnings per share2.850.781.222.432.342.002.062.001.491.32

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$45.20bn$43.02bn$41.02bn$39.41bn$35.10bn$33.42bn$32.39bn$33.65bn$30.48bn$29.14bn
Cash and short-term investments$5.97bn$5.57bn$4.52bn$3.34bn$5.36bn$3.80bn$3.84bn$4.68bn$4.73bn$5.28bn
Total liabilities$40.23bn$38.42bn$36.84bn$35.39bn$31.08bn$29.33bn$28.46bn$29.87bn$27.25bn$26.05bn
Debt$902.1m$1.31bn$868.0m$854.0m$604.0m$802.0m$1.01bn$953.0m$890.0m$3.37bn
Shareholders' equity$4.98bn$4.61bn$4.17bn$4.02bn$4.02bn$4.09bn$3.92bn$3.78bn$3.24bn$3.09bn
Shares outstanding167m158m150m151m150m153m158m166m153m152m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expense$703.7m$603.9m$623.7m$636.2m$609.8m$582.1m$320.0m$604.8m
Operating income$159.2m$152.9m$162.9m$154.3m$139.6m$121.1m−$177.8m$108.6m
Net income$123.6m$119.6m$137.1m$124.7m$111.2m$101.7m−$161.6m$88.0m
Diluted earnings per share0.650.630.820.750.670.61-1.020.56
Total assets$51.81bn$45.59bn$45.20bn$44.46bn$43.99bn$43.31bn$43.02bn$42.21bn
Cash and short-term investments$6.91bn$5.98bn$5.97bn$1.29bn$6.29bn$6.02bn$5.60bn$5.12bn
Debt$1.38bn$1.40bn$902.1m$3.80bn$4.14bn$2.32bn$2.56bn$1.97bn
Shareholders' equity$5.64bn$5.00bn$4.98bn$4.87bn$4.78bn$4.69bn$4.61bn$4.41bn

Financial ratios

Data as of 19 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin23.5%6.4%10.5%32.3%38.9%23.2%
Net margin19.3%5.9%9.3%25.8%31.3%21.8%
Return on equity9.5%2.7%4.4%9.1%8.7%7.5%
Return on assets1.1%0.3%0.4%0.9%1.0%0.9%
Revenue growth16.8%7.5%37.7%26.8%-20.3%-8.9%
Earnings growth285.5%-32.7%-50.0%4.3%14.4%-6.1%
Current ratio0.30x0.16x0.13x0.10x19.14x0.14x
Debt to equity0.26x0.69x0.67x2.07x0.47x0.20x
Equity ratio11.0%10.7%10.2%10.2%11.5%12.2%
Interest coverage0.59x0.13x0.22x2.45x6.03x2.18x
Buybacks as a share of market value-5.7%-5.1%0.5%-0.7%2.2%3.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.4%3.4%4.0%
Operating income7.9%12.1%7.9%
Net income9.0%9.1%9.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin15.6%17.3%20.4%22.7%
Net margin13.1%14.4%17.2%18.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings9.130.617.69.59.68.510.79.917.018.7
Price to sales2.93.62.62.83.22.12.92.73.63.5

Market value over time

30 Nov 2016 to 16 Oct 2026, in USD

$3.43bn$5.50bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return11%11%-2%2%30%-25%14%-24%1%37%

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 1 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.720.930.890.850.810.760.720.69
  • 3-for-2 split · 13 May 2004
  • 11-for-10 split · 25 Apr 2002
  • 11-for-10 split · 30 May 2000
  • 5-for-4 split · 15 Jun 1998
  • 6-for-5 split · 3 Mar 1997
  • 5-for-4 split · 16 Jun 1995

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.