Associated Banc-Corp Financials

ASBA

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Key Financial Metrics

Revenue

$2.1B

YoY+8.4%

5Y CAGR+11.8%

10Y CAGR+8.1%

Associated Banc-Corp generated $2.1B in revenue in fiscal year 2024. This represents an increase of 8.4% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$123.1M

YoY-32.7%

5Y CAGR-17.7%

10Y CAGR-4.3%

Associated Banc-Corp reported $123.1M in net income in fiscal year 2024. This represents a decrease of 32.7% from the prior year.

EPS (Diluted)

$0.72

YoY-36.3%

5Y CAGR-17.7%

10Y CAGR-4.7%

Associated Banc-Corp earned $0.72 per diluted share in fiscal year 2024. This represents a decrease of 36.3% from the prior year.

Cash & Debt

N/A

Dividends Per Share

$0.89

YoY+4.7%

Associated Banc-Corp paid $0.89 per share in dividends in fiscal year 2024. This represents an increase of 4.7% from the prior year.

Shares Outstanding

166M

YoY+10.0%

5Y CAGR+1.1%

10Y CAGR+1.1%

Associated Banc-Corp had 166M shares outstanding in fiscal year 2024. This represents an increase of 10.0% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

5.8%

YoY-3.5pp

5Y CAGR-21.1pp

10Y CAGR-13.8pp

Associated Banc-Corp's net profit margin was 5.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.5 percentage points from the prior year.

Return on Equity

2.7%

YoY-1.7pp

5Y CAGR-5.7pp

10Y CAGR-4.1pp

Associated Banc-Corp's return on equity was 2.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.7 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

ASBA Income Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Revenue	$2.1B+8.4%	$2.0B+71.0%	$1.1B+8.2%	$1.1B-17.1%	$1.3B+5.0%	$1.2B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.1B+17.1%	$918.5M+388.7%	$187.9M+159.8%	$72.3M-51.7%	$149.9M-55.5%	$336.9M
Income Tax	$11.3M-51.0%	$23.1M-75.3%	$93.5M+9.6%	$85.3M+322.3%	$20.2M-74.7%	$79.7M
Net Income	$123.1M-32.7%	$183.0M-50.0%	$366.1M+4.3%	$351.0M+14.4%	$306.8M-6.1%	$326.8M
EPS (Diluted)	$0.72-36.3%	$1.13-51.7%	$2.34+7.3%	$2.18+17.2%	$1.86-2.6%	$1.91

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$556.6M+2.0%	$545.5M+3.7%	$525.9M	N/A	$540.3M+1.9%	$530.3M+1.3%	$523.4M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$251.4M+2.4%	$245.5M+2.3%	$239.9M	N/A	$277.8M+1.5%	$273.7M+3.1%	$265.5M	N/A
Income Tax	$29.6M+4.1%	$28.4M+46.3%	$19.4M	N/A	$20.1M+258.6%	-$12.7M-163.4%	$20.0M	N/A
Net Income	$124.7M+12.1%	$111.2M+9.4%	$101.7M	N/A	$88.0M-23.8%	$115.6M+42.4%	$81.2M	N/A
EPS (Diluted)	$0.73+12.3%	$0.65+10.2%	$0.59	N/A	$0.56-24.3%	$0.74+42.3%	$0.52	N/A

ASBA Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Total Assets	$43.0B+4.9%	$41.0B+4.1%	$39.4B+12.3%	$35.1B+5.0%	$33.4B+3.2%	$32.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B-0.4%	$1.1B-5.7%	$1.2B
Total Liabilities	$38.4B+4.3%	$36.8B+4.1%	$35.4B+13.9%	$31.1B+6.0%	$29.3B+3.0%	$28.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$837.6M+54.8%	$541.3M+118.2%	$248.1M-0.5%	$249.3M-54.6%	$549.5M0.0%	$549.3M
Total Equity	$4.6B+10.3%	$4.2B+3.9%	$4.0B-0.2%	$4.0B-1.6%	$4.1B+4.3%	$3.9B
Retained Earnings	$2.9B-0.9%	$2.9B+1.4%	$2.9B+8.7%	$2.7B+8.7%	$2.5B+3.3%	$2.4B

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$44.5B+1.1%	$44.0B+1.6%	$43.3B+0.7%	$43.0B+1.9%	$42.2B+1.4%	$41.6B+1.2%	$41.1B+0.3%	$41.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B
Total Liabilities	$39.6B+1.0%	$39.2B+1.5%	$38.6B+0.5%	$38.4B+1.6%	$37.8B+1.1%	$37.4B+1.1%	$37.0B+0.3%	$36.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$594.1M+0.1%	$593.5M+0.4%	$591.4M-29.4%	$837.6M-0.8%	$844.3M+57.5%	$536.1M0.0%	$536.1M-1.0%	$541.3M
Total Equity	$4.9B+1.8%	$4.8B+2.0%	$4.7B+1.8%	$4.6B+4.4%	$4.4B+4.0%	$4.2B+1.8%	$4.2B-0.1%	$4.2B
Retained Earnings	$3.1B+2.7%	$3.0B+2.3%	$3.0B+2.1%	$2.9B-6.5%	$3.1B+1.7%	$3.1B+2.6%	$3.0B+1.5%	$2.9B

ASBA Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Operating Cash Flow	$580.2M+31.1%	$442.7M-47.7%	$846.6M+59.9%	$529.6M-3.7%	$550.0M-4.2%	$574.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$2.2B-54.5%	-$1.4B+72.7%	-$5.3B-231.7%	-$1.6B-99.6%	-$793.7M-149.1%	$1.6B
Financing Cash Flow	$1.7B+33.8%	$1.3B-67.6%	$4.0B+193.5%	$1.4B+267.7%	$371.0M+115.0%	-$2.5B
Dividends Paid	$139.2M+7.5%	$129.5M+5.2%	$123.1M+6.1%	$116.1M+3.6%	$112.0M+0.2%	$111.8M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$98.2M	N/A	N/A	N/A	$154.5M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	-$127.1M	N/A	N/A	N/A	-$275.3M	N/A
Financing Cash Flow	N/A	N/A	$241.8M	N/A	N/A	N/A	$48.6M	N/A
Dividends Paid	N/A	N/A	$38.5M	N/A	N/A	N/A	$33.5M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ASBA Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	5.8%-3.5pp	9.3%-22.6pp	32.0%-1.2pp	33.2%+9.2pp	24.0%-2.8pp	26.9%
Return on Equity	2.7%-1.7pp	4.4%-4.7pp	9.1%+0.4pp	8.7%+1.2pp	7.5%-0.8pp	8.3%
Return on Assets	0.3%-0.2pp	0.4%-0.5pp	0.9%-0.1pp	1.0%+0.1pp	0.9%-0.1pp	1.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.18+0.1	0.13+0.1	0.060.0	0.06-0.1	0.130.0	0.14
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	22.4%+2.0pp	20.4%+1.1pp	19.3%	N/A	16.3%-5.5pp	21.8%+6.3pp	15.5%	N/A
Return on Equity	2.6%+0.2pp	2.3%+0.2pp	2.2%	N/A	2.0%-0.7pp	2.7%+0.8pp	1.9%	N/A
Return on Assets	0.3%+0.0pp	0.3%+0.0pp	0.2%	N/A	0.2%-0.1pp	0.3%+0.1pp	0.2%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.120.0	0.120.0	0.13-0.1	0.180.0	0.19+0.1	0.130.0	0.130.0	0.13
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Associated Banc-Corp's annual revenue?

Associated Banc-Corp (ASBA) reported $2.1B in revenue for fiscal year 2024.

How fast is Associated Banc-Corp's revenue growing?

Associated Banc-Corp (ASBA) revenue grew by 8.4% year-over-year, from $2.0B to $2.1B in fiscal year 2024.

Is Associated Banc-Corp profitable?

Yes, Associated Banc-Corp (ASBA) reported a net income of $123.1M in fiscal year 2024, with a net profit margin of 5.8%.

What is Associated Banc-Corp's earnings per share (EPS)?

Associated Banc-Corp (ASBA) reported diluted earnings per share of $0.72 for fiscal year 2024.

What is Associated Banc-Corp's net profit margin?

Associated Banc-Corp (ASBA) had a net profit margin of 5.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Associated Banc-Corp pay dividends?

Yes, Associated Banc-Corp (ASBA) paid $0.89 per share in dividends during fiscal year 2024.

What is Associated Banc-Corp's return on equity (ROE)?

Associated Banc-Corp (ASBA) has a return on equity of 2.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Associated Banc-Corp's operating cash flow?

Associated Banc-Corp (ASBA) generated $580.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Associated Banc-Corp's total assets?

Associated Banc-Corp (ASBA) had $43.0B in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Associated Banc-Corp have outstanding?

Associated Banc-Corp (ASBA) had 166M shares outstanding as of fiscal year 2024.

What is Associated Banc-Corp's debt-to-equity ratio?

Associated Banc-Corp (ASBA) had a debt-to-equity ratio of 0.18 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Associated Banc-Corp's return on assets (ROA)?

Associated Banc-Corp (ASBA) had a return on assets of 0.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.