Reading the tape
NYSE: ASBA
Associated Banc-Corp
Financial Services · Banks - Regional
Market Cap
$4.15B
52w High
$25.37
52w Low
$23.29
P/E
9.16
Volume
13.85K
Outstanding Shares
164.94M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 5.19%Revenue (TTM): 4,281.5%FCF (TTM): 13.1%P/FCF: 42nd pct
What changed
The stock rose 5.19% over the last year. Revenue grew 4,281.5% over the trailing twelve months. Operating margin moved from 26.28% to 0.01%. Free cash flow grew 13.1% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 0.01%. A decisive move in revenue — currently up 4,281.5% — would be the clearest signal to resolve the ambiguity.
Company profile
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota.
CEOAndrew J. Harmening
SectorFinancial Services
IndustryBanks - Regional
Employees4,223
IPO dateMar 3, 2023
Valuation
Forward P/E—
EV/EBITDA6.10
Enterprise value$3.53B
Price / Book0.87
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Income growth-100%
Gross marginN/A
Operating margin—
ROE9.93%▲271.38%vs FY2024
Analyst consensus
Rating—
Target price—
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Feb 12, 2026
Q2 FY26 · EPS est — · Revenue est —
View
Dividends
$1.66/shareQuarterlyEx-div May 15, 2026 · in 20dASBA pays a dividend with a 6.59% declared yield.
Declared Yield
6.59%
Annual Div / Share
$1.66
TTM $0.94
CAGR
—
Payout Ratio
33.95%
Bank — specialized metrics apply
Dividend Growth Rate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.66+0.0%
2025$1.66+0.0%
2024$1.66—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$66/yr
$5/mo
In 5 yrs
$66/yr
$5/mo
In 10 yrs
$66/yr
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$66/yr $5/mo | $66/yr $5/mo | $66/yr $5/mo |
5yr and 10yr income use the current dividend with no growth assumption because bank payout growth depends on earnings cycles, regulation, and capital policy.