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AS

Associated Banc-Corp

ASBFinancial ServicesNASDAQ

Banks - Regional

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Financials · Annual
Revenue
$1.48B
+43.7% YoY
Net Income
$474.8M
+285.5% YoY

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About Associated Banc-Corp

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, Texas, and Minnesota. At a $5.26B market cap, Associated Banc-Corp ranks as a mid-cap company within financial services. It offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit.

Key stats
Market Cap$5.26B
P/E (TTM)9.66
Fwd P/E8.60
EPS$2.88
Beta0.79
52W Change+20.1%
Dividend Yield3.41%
ROE10.2%
Analysis

Associated Banc-Corp carries $4.45B in total debt against $1.40B in cash reserves — debt is roughly 3.2x the cash position. Managing this leverage effectively will be important for long-term financial stability. Return on equity stands at 10.2%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $1.23B to $1.48B.

As with any equity investment, ASB carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Associated Banc-Corp's trajectory.

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