Associated Banc-Corp (ASB) Stock

About Associated Banc-Corp

Associated Banc-Corp (ASB) stock trades at $30.21 with a market capitalization of $5.01B. The stock is valued at a price-to-earnings (P/E) ratio of 10.02, price-to-book of 0.97, price-to-sales of 2.13. Over the past 52 weeks the stock has ranged between $23.86 and $32.46, and currently trades 6.9% below its 52-week high. It pays a dividend yielding 3.31%.

On profitability, Associated Banc-Corp generates a return on equity (ROE) of 9.86%, return on capital employed of 1.23%, an operating margin of 24.65%, a net profit margin of 19.67%.

Associated Banc-Corp by the numbers, 2016–2025

Between 2016 and 2025 Associated Banc-Corp reported revenue of $1.1B rising to $2.5B, a change of +114.9% across 10 years. Compounded, revenue has grown 11.8% a year over five years, 20.0% over three, 16.8% over the last twelve months. Net profit rose to $475.0M.

Operating margin went from 25.1% in 2016 to 23.5% in 2025, a fall of 1.6 percentage points. The most recent net margin is 19.67%. On a trailing twelve-month basis to Jun '26, revenue is $2.6B and net profit $506.0M.

Borrowings rose from $3.9B to $4.2B, cash from operations was $616.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 6.9% over five years, and was 9.6% in the most recent year.

The share price itself has compounded at 9.9% a year over five years, 24.8% over three, 33.8% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Associated Banc-Corp (ASB) — frequently asked questions