Associated Banc-Corp

Associated Banc-Corp

ASBยทNYSE

$26.88

-0.85%
Financial ServicesBanks - Regional

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services such as interest rate risk management, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. As of December 31, 2021, the company operated 215 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

At a Glance

Live Snapshot
Market Cap$4.46B
EPS2.8100
P/E Ratio9.57
Earnings Date07/23/2026
3Y-27.0%
5Y+13.0%
10Y-3.0%
3Y-69.0%
5Y+105.0%
10Y-1.0%
3Y-57.0%
5Y+361.0%
10Y+45.0%
ASB

Associated Banc-Corp Cash Conversion Engine

ASB ยท NYSE
Net Income472.50M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-20.82M
Others169.43M
Capital Expenditures-36.37M
Free Cash Flow584.73M

Cash Flow Quality Analysis

FCF Conversion Rate

123.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

5.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+9.2%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$20.82M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Associated Banc-Corp Cash Flow Statement

ASB โ€ข NYSE

Associated Banc-Corp Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
472.5M
123.1M
183M
366.1M
351M
306.8M
326.8M
333.6M
229.3M
200.3M
188.3M
190.5M
188.7M
179M
139.7M
-856K
-131.9M
168.5M
285.8M
316.6M
0.0
102.5M
94.3M
68.9M
70.4M
108.5M
104.1M
77.6M
96.5M
106.5M
101.7M
93.2M
114.2M
126.3M
129.8M
120.7M
36.2M
35.2M
54.6M
65.4M
0.0
34.8M
34.2M
34.7M
34.1M
25.6M
20.1M
19.4M
41.2M
15.9M
-422K
9.9M
25.9M
54.3M
34.7M
50.8M
-134.8M
-41.6M
9.5M
19.6M
169.4M
326.5M
247.8M
129.6M
-130.1M
277.5M
213.6M
-22.5M
121.8M
305M
19.1M
-90.7M
149.3M
-56.2M
-77.5M
290.5M
790.3M
270.2M
-29.6M
-41.9M
(0.0)
(17.7M)
(69.4M)
(18.4M)
(57.7M)
(17.7M)
(41.1M)
(18.3M)
(81.5M)
(75.6M)
(84.4M)
(72.4M)
(49.2M)
(0.0)
(10.8M)
(93.7M)
(46.2M)
(86M)
(0.0)
(0.0)
-20.8M
-6.8M
-116.6M
247.2M
204.1M
-168.3M
-90.3M
88.4M
-30.4M
13.7M
-7.4M
-3.4M
-136K
47.2M
83M
48.3M
-438.1M
5.5M
-28.8M
-29.6M
621.1M
580.2M
442.7M
846.6M
529.6M
550M
574.3M
496.6M
458.4M
641.4M
301.2M
199.5M
478M
350.5M
309.8M
509.4M
121.8M
437.9M
291.4M
330.2M
INVESTING ACTIVITIES
-36.4M
-45M
-61.8M
-62.7M
-52.3M
-54.7M
-67.5M
-65.9M
-47.4M
-103.9M
-54.6M
-50.4M
-67.7M
-84M
-76.6M
-34.6M
-22.8M
-31.5M
-34.8M
-18.1M
(0.0)
(0.0)
(0.0)
(0.0)
(2.4M)
(225M)
(551.3M)
(59.5M)
(339K)
-685K
(1.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-33.8M
(0.0)
-2B
-3.3B
-2B
-1.3B
-3.4B
-1.8B
-883.8M
-1.5B
-1.4B
-1.5B
-3.1B
-1.3B
-2.1B
-2.1B
-777.3M
-3.4B
-3.7B
-2.7B
-1.5B
-1B
1.3B
2.4B
1.3B
801M
1.7B
2.4B
2.2B
1.5B
942.7M
1.6B
2.7B
970.5M
1.4B
2B
2B
3B
3.1B
1.2B
1.4B
2.3B
-970.5M
-1.3B
-654.9M
-4.7B
157.3M
-1.6B
-172.2M
-349.8M
-867.2M
-1.6B
-1.1B
-1.7B
-529M
-1.4B
-1.6B
1B
1.7B
-943M
-129.6M
-52.9M
-1.6B
-2.2B
-1.4B
-5.3B
-1.6B
-793.7M
(1.6B)
-380.9M
-1.4B
-1.7B
-1.5B
-2.1B
-1.3B
-1.6B
-472.5M
(616.8M)
(1B)
-2.5B
-245.6M
(1.2B)
FINANCING ACTIVITIES
-22.1M
306.5M
-6.6M
-6.5M
-137.8M
-73.4M
-174.9M
-228.3M
-18.7M
-3.3M
-78.1M
-249.6M
-114M
-61.7M
-659K
477.5M
-599K
0.0
-112.2M
-236.3M
995M
353.9M
-2.4B
3B
-210.5M
-1.8B
-335M
22.3M
219.2M
342.6M
-1.5B
1.2B
486.6M
-344.4M
529.5M
-19.8M
-2.4B
474.6M
959.1M
-1.9B
-167.3M
-150.7M
-141M
-134.6M
-133.2M
-130.4M
-127M
-116.3M
-85.8M
-76.8M
-69.6M
-63.7M
-60.1M
-44.8M
-21.2M
-33.2M
-86.6M
-162.3M
-155.8M
-151.2M
-29M
-24.5M
-6.6M
-6.5M
-137.8M
-77.4M
-186.1M
-247.2M
-46.3M
-25.1M
-98.2M
-262.8M
-123.3M
-61.7M
-659K
-830K
-599K
(0.0)
(0.0)
(0.0)
904.1M
1.2B
3.8B
1.2B
2B
2.3B
-1.8B
270.5M
897.5M
880.8M
2.2B
1.5B
328.9M
1.9B
-134.7M
-1.5B
1.6B
1.7B
-631.7M
746.2M
1.7B
1.7B
1.3B
4B
1.4B
371M
-2.5B
45M
1B
1.2B
674.2M
2.3B
639.6M
1.4B
-88.8M
-1.1B
-898M
2B
59.4M
-1.5B
CASH FLOW SUMMARY
700.6M
95.8M
302.4M
-404.1M
309.5M
127.3M
-288M
160.7M
73.8M
168.5M
-558.4M
429.8M
-135.6M
121.3M
-251.6M
47.5M
250M
-16.4M
105.1M
-10.3M
1B
923.8M
621.5M
1B
716M
588.7M
876.7M
716M
642.2M
473.7M
1B
602.2M
737.9M
616.6M
868.2M
820.7M
570.7M
587.1M
482M
492.3M
1.7B
1B
923.8M
621.5M
1B
716M
588.7M
876.7M
716M
642.2M
473.7M
1B
602.2M
737.9M
616.6M
868.2M
820.7M
570.7M
587.1M
482M
584.7M
535.3M
380.9M
783.9M
477.3M
495.1M
506.8M
430.7M
411M
537.5M
246.6M
149.1M
410.2M
266.5M
233.1M
474.8M
99M
406.4M
256.6M
312M

SEC Filings

ASB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 28, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
April 01, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 16, 2026
April 28, 2026
2026
8-K

8-K 2026

N/A

March 12, 2026
March 12, 2026
2026
10-K

10-K 2025 FY

FY

February 12, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 09, 2026
February 09, 2026
2026
8-K

8-K 2026

N/A

January 22, 2026
January 22, 2026
2026
Showing 1 to 10 of 596 filings