15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | $475M | — | — | 9.5% | 1.1% | — | $4.2B | $1.7B |
| 2024 | — | $123M | — | — | 2.7% | 0.3% | — | $3.2B | $1.0B |
| 2023 | $1.1B | $183M | 0.0% | 0.0% | 4.4% | 0.4% | — | $2.8B | $924M |
| 2022 | $1.2B | $366M | 0.0% | 0.0% | 9.1% | 0.9% | — | $5.2B | $621M |
| 2021 | $1.1B | $351M | 0.0% | 0.0% | 8.7% | 1.0% | — | $2.2B | $1.0B |
| 2020 | $1.3B | $307M | 0.0% | 0.0% | 7.5% | 0.9% | — | $2.4B | $716M |
| 2019 | $1.2B | $327M | 0.0% | 0.0% | 8.3% | 1.0% | — | $4.2B | $589M |
| 2018 | $1.2B | $334M | 0.0% | 0.0% | 8.8% | 1.0% | — | $4.5B | $877M |
| 2017 | $1.1B | $229M | 0.0% | 0.0% | 7.1% | 0.8% | — | $4.1B | $716M |
| 2016 | $1.1B | $200M | 0.0% | 0.0% | 6.5% | 0.7% | — | $3.9B | $642M |
| 2015 | $1.0B | $188M | 0.0% | 0.0% | 6.4% | 0.7% | — | $3.5B | $474M |
| 2014 | $972M | $191M | 0.0% | 0.0% | 6.8% | 0.7% | — | $5.0B | — |
| 2013 | $959M | $189M | 0.0% | 0.0% | 6.5% | 0.8% | — | $3.8B | — |
| 2012 | $939M | $179M | 0.0% | 0.0% | 6.1% | 0.8% | — | $3.3B | — |
| 2011 | $886M | $140M | 0.0% | 0.0% | 4.9% | 0.6% | — | $3.7B | — |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | $124M | — | — | 2.2% | 0.2% | — | $5.7B | $1.8B |
| Mar '26 | — | $120M | — | — | 2.4% | 0.3% | — | $4.4B | $1.4B |
| Dec '25 | — | $137M | — | — | 2.8% | 0.3% | — | $4.2B | $1.7B |
| Sep '25 | — | $125M | — | — | 2.6% | 0.3% | — | $4.2B | $1.3B |
| Jun '25 | — | $111M | — | — | 2.3% | 0.3% | — | $4.5B | $1.3B |
| Mar '25 | — | $102M | — | — | 2.2% | 0.2% | — | $2.9B | $1.2B |
| Dec '24 | — | -$162M | — | — | -3.5% | -0.4% | — | $3.2B | $1.0B |
| Sep '24 | $330M | $88M | 0.0% | 0.0% | 2.0% | 0.2% | — | $3.7B | $967M |
| Jun '24 | $322M | $116M | 0.0% | 0.0% | 2.7% | 0.3% | — | $4.1B | $959M |
| Mar '24 | $323M | $81M | 0.0% | 0.0% | 1.9% | 0.2% | — | $2.6B | $852M |
| Dec '23 | $122M | -$91M | 0.0% | 0.0% | -2.2% | -0.2% | — | $2.8B | $924M |
| Sep '23 | $321M | $83M | 0.0% | 0.0% | 2.0% | 0.2% | — | $4.7B | $713M |
| Jun '23 | $323M | $87M | 0.0% | 0.0% | 2.1% | 0.2% | — | $4.5B | $630M |
| Mar '23 | $336M | $103M | 0.0% | 0.0% | 2.5% | 0.3% | — | $5.8B | $823M |
| Dec '22 | $351M | $109M | 0.0% | 0.0% | 2.7% | 0.3% | — | $5.2B | $621M |
| Sep '22 | $335M | $96M | 0.0% | 0.0% | 2.4% | 0.3% | — | $4.3B | $502M |
| Jun '22 | $292M | $87M | 0.0% | 0.0% | 2.2% | 0.2% | — | $4.2B | $867M |
| Mar '22 | $262M | $74M | 0.0% | 0.0% | 1.9% | 0.2% | — | $2.2B | $501M |
| Dec '21 | $268M | $77M | 0.0% | 0.0% | 1.9% | 0.2% | — | $2.2B | $1.0B |
| Sep '21 | $266M | $89M | 0.0% | 0.0% | 2.2% | 0.3% | — | $2.2B | $1.7B |
How the market has priced ASB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Associated Banc-Corp's revenue has declined 2.2% per year, and net income grown 9.1% per year. These are computed facts, not advice.
As of FY2025, Associated Banc-Corp reported $4.2B of total debt against $1.7B of cash.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Sep '26, Associated Banc-Corp traded at a price-to-earnings ratio of about 12.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.