Associated Financial Statements From 2010 to 2024

ASB Stock  USD 26.27  0.27  1.04%   
Associated Banc financial statements provide useful quarterly and yearly information to potential Associated Banc Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Associated Banc financial statements helps investors assess Associated Banc's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Associated Banc's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.1925
Market Capitalization
4.3 B
Enterprise Value Revenue
6.6475
Revenue
B
We have found one hundred twenty available fundamental signals for Associated Banc Corp, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Associated Banc Corp prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 4 B. The current year's Enterprise Value is expected to grow to about 3.6 B

Associated Banc Total Revenue

2.06 Billion

Check Associated Banc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Associated Banc's main balance sheet or income statement drivers, such as Interest Expense of 964.4 M, Other Operating Expenses of 2.7 B or Operating Income of 236.4 M, as well as many indicators such as Price To Sales Ratio of 2.59, Dividend Yield of 0.0253 or PTB Ratio of 0.73. Associated financial statements analysis is a perfect complement when working with Associated Banc Valuation or Volatility modules.
  
Check out the analysis of Associated Banc Correlation against competitors.

Associated Banc Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding119.4 M150.9 M147.2 M
Pretty Stable
Total Assets21 B41 B28.1 B
Slightly volatile
Short and Long Term Debt Total3.1 B2.5 B3.2 B
Pretty Stable
Total Current Liabilities703 M740 M630.4 M
Slightly volatile
Total Stockholder Equity2.3 B4.2 B3.1 B
Slightly volatile
Property Plant And Equipment Net218.1 M373 M303.4 M
Slightly volatile
Net Debt2.6 B1.6 B2.5 B
Very volatile
Retained Earnings3.1 B2.9 B1.9 B
Slightly volatile
Cash554.1 M909.5 M659.7 M
Slightly volatile
Non Current Assets Total1.5 B1.6 B5.7 B
Pretty Stable
Other Assets21.2 B35.2 B27 B
Slightly volatile
Cash And Short Term Investments4.3 B4.1 BB
Very volatile
Liabilities And Stockholders Equity21 B41 B28.1 B
Slightly volatile
Non Current Liabilities Total38.7 B36.8 BB
Slightly volatile
Other Stockholder Equity907.6 M1.2 B1.2 B
Very volatile
Total Liabilities18.7 B36.8 B25 B
Slightly volatile
Total Current AssetsB4.3 B12.1 B
Slightly volatile
Short Term Debt703 M740 M855.1 M
Very volatile
Property Plant And Equipment Gross787.5 M750 M416.1 M
Slightly volatile
Common Stock Total Equity1.5 MM1.6 M
Slightly volatile
Common Stock1.6 MM1.6 M
Slightly volatile
Other Liabilities136.7 M210.6 M132.1 M
Slightly volatile
Accounts Payable19.4 B34.1 B22 B
Slightly volatile
Long Term DebtB1.7 BB
Pretty Stable
Short Term Investments3.9 B3.6 B3.9 B
Very volatile
Intangible Assets87 M124.9 M97.8 M
Slightly volatile
Property Plant Equipment277.2 M433.4 M318 M
Slightly volatile
Good WillB1.3 B985.7 M
Slightly volatile
Other Current AssetsB1.1 B9.2 B
Slightly volatile
Preferred Stock Total Equity185.4 M174.7 M187.5 M
Pretty Stable
Net Tangible Assets2.3 B3.1 B2.2 B
Slightly volatile
Long Term Debt Total212.1 M223.3 M1.6 B
Slightly volatile
Capital Surpluse1.8 BB1.6 B
Slightly volatile
Long Term Investments13.6 B7.8 B16.7 B
Pretty Stable
Non Current Liabilities Other6.6 B6.3 B2.2 B
Slightly volatile
Short and Long Term Debt942.2 M740 M2.2 B
Slightly volatile
Earning Assets7.3 B8.7 B6.9 B
Slightly volatile
Net Invested Capital5.6 B6.5 B6.8 B
Pretty Stable
Capital Stock194.3 M195.9 M247.9 M
Slightly volatile
Capital Lease Obligations696.3 K383 K1.7 M
Slightly volatile

Associated Banc Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses2.7 B2.6 B915.6 M
Slightly volatile
Operating Income236.4 M206.1 M325.4 M
Slightly volatile
EBIT229.7 M206.1 M309.2 M
Slightly volatile
EBITDA253.3 M206.1 M323.8 M
Slightly volatile
Net Income165.9 M183 M224 M
Slightly volatile
Depreciation And Amortization99 M94.3 M26.2 M
Slightly volatile
Selling General Administrative306.4 M526.2 M417.2 M
Slightly volatile
Selling And Marketing Expenses18 M28.4 M23.2 M
Slightly volatile
Total Revenue2.1 BB1.1 B
Slightly volatile
Gross Profit2.1 BB1.1 B
Slightly volatile
Income Before Tax245.8 M206.1 M293 M
Slightly volatile
Net Income Applicable To Common Shares248.2 M407.8 M245.7 M
Slightly volatile
Preferred Stock And Other Adjustments13.1 M13.2 M11.7 M
Pretty Stable
Non Recurring21.2 M25.9 M20.4 M
Slightly volatile
Tax Provision65.1 M95.6 M80.3 M
Pretty Stable
Net Interest Income899.7 M1.1 B776.2 M
Slightly volatile
Interest Income1.2 B1.8 B957.4 M
Slightly volatile
Reconciled Depreciation44.6 M84 M56.6 M
Pretty Stable

Associated Banc Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow292.5 M380.9 M376.5 M
Slightly volatile
Begin Period Cash Flow546.7 M621.5 M678.2 M
Pretty Stable
Depreciation49.2 M55.8 M61.2 M
Pretty Stable
Dividends Paid83.8 M141 M86.2 M
Slightly volatile
Capital Expenditures37 M61.8 M59.6 M
Very volatile
Total Cash From Operating Activities329.5 M442.7 M436.1 M
Slightly volatile
Net Income183.2 M183 M225.6 M
Slightly volatile
End Period Cash Flow608.8 M923.8 M689.7 M
Slightly volatile
Issuance Of Capital Stock5.1 M5.4 M80 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.593.14572.83
Slightly volatile
Dividend Yield0.02530.0440.0292
Slightly volatile
PTB Ratio0.730.76850.9183
Slightly volatile
Days Sales Outstanding32.0360.694832.41
Slightly volatile
Book Value Per Share29.2227.832421.2827
Slightly volatile
Free Cash Flow Yield0.0880.11870.1273
Slightly volatile
Operating Cash Flow Per Share1.822.95222.8171
Slightly volatile
Capex To Depreciation0.661.10781.0413
Slightly volatile
PB Ratio0.730.76850.9183
Slightly volatile
EV To Sales4.894.68735.2626
Very volatile
Free Cash Flow Per Share1.622.54012.4286
Slightly volatile
ROIC0.04530.04330.042
Slightly volatile
Net Income Per Share1.01.221.4502
Slightly volatile
Sales General And Administrative To Revenue0.30.52510.4216
Pretty Stable
Capex To Revenue0.03640.06060.063
Slightly volatile
Cash Per Share16.4330.075528.6241
Very volatile
POCF Ratio7.617.24547.0691
Pretty Stable
Interest Coverage0.340.3532.6087
Very volatile
Payout Ratio0.810.77090.3967
Slightly volatile
Capex To Operating Cash Flow0.150.13960.1627
Slightly volatile
PFCF Ratio12.738.42118.8375
Pretty Stable
Income Quality2.542.41991.986
Pretty Stable
ROE0.04160.04380.0727
Pretty Stable
EV To Operating Cash Flow11.3410.79613.1159
Slightly volatile
PE Ratio18.4117.533313.3851
Very volatile
Return On Tangible Assets0.00440.00460.0081
Pretty Stable
EV To Free Cash Flow15.9812.547816.1696
Slightly volatile
Earnings Yield0.08350.0570.082
Pretty Stable
Intangibles To Total Assets0.04170.030.0364
Very volatile
Net Debt To EBITDA7.357.08.0003
Slightly volatile
Current Ratio22.2325.1661.886
Very volatile
Tangible Book Value Per Share20.6119.631714.4711
Slightly volatile
Receivables Turnover11.216.013711.7414
Slightly volatile
Graham Number16.827.640225.5868
Slightly volatile
Shareholders Equity Per Share29.2227.832421.2827
Slightly volatile
Debt To Equity0.560.59440.9998
Slightly volatile
Capex Per Share0.210.41220.3892
Pretty Stable
Revenue Per Share4.646.79976.2988
Slightly volatile
Interest Debt Per Share19.6922.668621.0482
Slightly volatile
Debt To Assets0.05750.06050.1067
Slightly volatile
Enterprise Value Over EBITDA13.6913.0416.2561
Slightly volatile
Short Term Coverage Ratios0.940.59832.6241
Slightly volatile
Price Earnings Ratio18.4117.533313.3851
Very volatile
Price Book Value Ratio0.730.76850.9183
Slightly volatile
Dividend Payout Ratio0.810.77090.3967
Slightly volatile
Price To Operating Cash Flows Ratio7.617.24547.0691
Pretty Stable
Price To Free Cash Flows Ratio12.738.42118.8375
Pretty Stable
Pretax Profit Margin0.340.20210.2986
Slightly volatile
Ebt Per Ebit0.890.63560.7092
Pretty Stable
Operating Profit Margin0.260.31790.3287
Slightly volatile
Effective Tax Rate0.110.11210.2257
Slightly volatile
Company Equity Multiplier11.529.82669.3997
Very volatile
Long Term Debt To Capitalization0.250.29430.3817
Pretty Stable
Total Debt To Capitalization0.650.37280.5021
Pretty Stable
Return On Capital Employed0.00750.00790.0118
Very volatile
Debt Equity Ratio0.560.59440.9998
Slightly volatile
Ebit Per Revenue0.260.31790.3287
Slightly volatile
Quick Ratio61.2258.369.4979
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.172.18262.8653
Very volatile
Net Income Per E B T0.550.88790.7516
Pretty Stable
Cash Ratio26.9725.697.4962
Slightly volatile
Operating Cash Flow Sales Ratio0.310.43420.4265
Slightly volatile
Days Of Sales Outstanding32.0360.694832.41
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.530.86040.8826
Slightly volatile
Cash Flow Coverage Ratios0.0960.17840.1484
Slightly volatile
Price To Book Ratio0.730.76850.9183
Slightly volatile
Fixed Asset Turnover4.212.7343.2956
Slightly volatile
Capital Expenditure Coverage Ratio12.367.16267.5516
Slightly volatile
Price Cash Flow Ratio7.617.24547.0691
Pretty Stable
Enterprise Value Multiple13.6913.0416.2561
Slightly volatile
Debt Ratio0.05750.06050.1067
Slightly volatile
Cash Flow To Debt Ratio0.0960.17840.1484
Slightly volatile
Price Sales Ratio2.593.14572.83
Slightly volatile
Return On Assets0.00420.00450.0078
Pretty Stable
Asset Turnover0.04680.02490.0367
Slightly volatile
Net Profit Margin0.180.17940.2233
Slightly volatile
Gross Profit Margin0.730.820.8947
Slightly volatile
Price Fair Value0.730.76850.9183
Slightly volatile
Return On Equity0.04160.04380.0727
Pretty Stable

Associated Banc Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB3.8 B3.9 B
Slightly volatile
Enterprise Value3.6 B3.5 B3.6 B
Slightly volatile

Associated Fundamental Market Drivers

Forward Price Earnings10.8342
Cash And Short Term Investments4.1 B

Associated Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Associated Banc Financial Statements

Associated Banc stakeholders use historical fundamental indicators, such as Associated Banc's revenue or net income, to determine how well the company is positioned to perform in the future. Although Associated Banc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Associated Banc's assets and liabilities are reflected in the revenues and expenses on Associated Banc's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Associated Banc Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total RevenueB2.1 B
Cost Of Revenue-774.6 M-735.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.53  0.30 
Capex To Revenue 0.06  0.04 
Revenue Per Share 6.80  4.64 
Ebit Per Revenue 0.32  0.26 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Associated Banc Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Banc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Banc Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Banc Corp Stock:
Check out the analysis of Associated Banc Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Associated Banc. If investors know Associated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Associated Banc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.057
Dividend Share
0.88
Earnings Share
1.2
Revenue Per Share
6.717
Quarterly Revenue Growth
0.033
The market value of Associated Banc Corp is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Banc's value that differs from its market value or its book value, called intrinsic value, which is Associated Banc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Associated Banc's market value can be influenced by many factors that don't directly affect Associated Banc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Associated Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Banc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.