ASB
Associated Banc-Corp
NYSE: ASB · FINANCIAL SERVICES · BANKS - REGIONAL
$28.55
+0.28% today
Updated 2026-05-08
Market cap
$5.38B
P/E ratio
9.89
P/S ratio
3.65x
EPS (TTM)
$2.88
Dividend yield
3.25%
52W range
$22 – $29
Volume
2.4M
Associated Banc-Corp (ASB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.57B | $1.62B | $1.41B | $1.33B | $1.14B | $1.01B | $1.03B | $1.02B | $1.03B | $1.08B | $1.14B | $1.21B | $1.50B | $1.54B | $1.41B | $1.12B | $1.42B | $1.96B | $2.10B | $2.46B |
| Revenue growth (YoY) | — | +2.9% | -12.8% | -5.7% | -14.3% | -11.1% | +1.7% | -0.9% | +0.5% | +5.4% | +5.7% | +5.9% | +24.0% | +2.8% | -8.9% | -20.3% | +26.8% | +37.7% | +7.5% | +16.8% |
| Cost of revenue | $628.89M | $666.41M | $632.62M | $1.01B | $562.36M | $180.79M | $102.39M | $73.54M | $71.78M | $114.88M | $154.29M | $171.38M | $274.56M | $352.94M | $323.89M | $-15.68M | $220.93M | $-860.71M | $1.16B | $1.03B |
| Gross profit | $945.99M | $954.09M | $779.74M | $326.32M | $579.23M | $833.95M | $929.18M | $948.54M | $955.83M | $968.13M | $990.16M | $1.04B | $1.23B | $1.19B | $1.08B | $1.14B | $1.20B | $1.96B | $944.38M | $1.43B |
| Gross margin | 60.1% | 58.9% | 55.2% | 24.5% | 50.7% | 82.2% | 90.1% | 92.8% | 93.0% | 89.4% | 86.5% | 85.9% | 81.7% | 77.1% | 77.0% | 101.4% | 84.5% | 100.0% | 44.9% | 58.3% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — | — |
| SG&A | $283.43M | $303.43M | $370.70M | $396.78M | $401.15M | $388.63M | $400.88M | $416.48M | $414.16M | $430.74M | $459.43M | $460.28M | $512.68M | $503.31M | $452.50M | $444.84M | $476.75M | $526.17M | $526.39M | $597.01M |
| Operating income | $449.78M | $419.19M | $222.28M | $-285.10M | $-41.03M | $183.43M | $254.46M | $267.89M | $276.05M | $269.79M | $287.60M | $338.77M | $413.35M | $406.51M | $326.97M | $436.31M | $459.63M | $206.05M | $134.46M | $577.91M |
| Operating margin | 28.6% | 25.9% | 15.7% | -21.4% | -3.6% | 18.1% | 24.7% | 26.2% | 26.9% | 24.9% | 25.1% | 28.0% | 27.5% | 26.3% | 23.2% | 38.9% | 32.3% | 10.5% | 6.4% | 23.5% |
| EBITDA | $515.15M | $473.75M | $257.49M | $-248.93M | $79.66M | $313.27M | $380.71M | $382.10M | $369.29M | $371.46M | $394.06M | $435.25M | $490.98M | $510.61M | $435.42M | $506.75M | $528.51M | $206.05M | $236.97M | $577.91M |
| EBITDA margin | 32.7% | 29.2% | 18.2% | -18.7% | 7.0% | 30.9% | 36.9% | 37.4% | 35.9% | 34.3% | 34.4% | 35.9% | 32.7% | 33.1% | 31.0% | 45.2% | 37.2% | 10.5% | 11.3% | 23.5% |
| EBIT | $449.78M | $419.19M | $222.28M | $-285.10M | $-41.03M | $183.43M | $254.46M | $267.89M | $276.05M | $269.79M | $287.60M | $338.77M | $413.35M | $406.51M | $326.97M | $436.31M | $459.63M | $206.05M | $134.46M | — |
| Interest expense | $609.83M | $631.90M | $430.56M | $255.25M | $172.35M | $128.79M | $92.29M | $63.44M | $55.78M | $77.38M | $84.30M | $145.38M | $274.56M | $336.94M | $149.88M | $72.33M | $187.93M | $918.48M | $1.08B | $971.61M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $316.64M | $285.75M | $168.45M | $-131.86M | $-856000.00 | $139.70M | $178.97M | $188.69M | $190.51M | $188.30M | $200.27M | $229.26M | $333.56M | $326.79M | $306.77M | $350.99M | $366.12M | $182.96M | $123.14M | $474.78M |
| Net income growth (YoY) | — | -9.8% | -41.0% | -178.3% | +99.4% | +16420.0% | +28.1% | +5.4% | +1.0% | -1.2% | +6.4% | +14.5% | +45.5% | -2.0% | -6.1% | +14.4% | +4.3% | -50.0% | -32.7% | +285.5% |
| Profit margin | 20.1% | 17.6% | 11.9% | -9.9% | -0.1% | 13.8% | 17.3% | 18.5% | 18.5% | 17.4% | 17.5% | 18.9% | 22.2% | 21.2% | 21.8% | 31.3% | 25.8% | 9.3% | 5.9% | 19.3% |