Associated Banc Financials

ASB Stock  USD 25.20  0.47  1.90%   
Based on the measurements of operating efficiency obtained from Associated Banc's historical financial statements, Associated Banc Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Associated Banc's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 3.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 119.4 M. Key indicators impacting Associated Banc's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.180.16
Moderately Up
Slightly volatile
Return On Assets0.00490.0051
Notably Down
Pretty Stable
Return On Equity0.04790.0504
Notably Down
Slightly volatile
Debt Equity Ratio0.650.68
Sufficiently Down
Slightly volatile
Operating Income236.4 M237 M
Slightly Down
Slightly volatile
Current Ratio22.2325.16
Fairly Down
Very volatile
Investors should never underestimate Associated Banc's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Associated Banc's cash flow, debt, and profitability to make informed and accurate decisions about investing in Associated Banc Corp.

Net Income

165.92 Million

  
Understanding current and past Associated Banc Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Associated Banc's financial statements are interrelated, with each one affecting the others. For example, an increase in Associated Banc's assets may result in an increase in income on the income statement.
Please note, the presentation of Associated Banc's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Associated Banc's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Associated Banc's management manipulating its earnings.

Associated Banc Stock Summary

Associated Banc competes with Bank First, First Business, National Bank, OFG Bancorp, and German American. Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin. Associated Banc operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 4101 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0454871056
CUSIP045487105
LocationWisconsin; U.S.A
Business Address433 Main Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.associatedbank.com
Phone920 491 7500
CurrencyUSD - US Dollar

Associated Banc Key Financial Ratios

Associated Banc Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets33.4B35.1B39.4B41.0B47.2B49.5B
Other Current Liab(59.3M)(284.1M)(3.1B)(740M)(851M)(808.5M)
Net Debt1.5B879.6M4.0B1.6B1.8B2.6B
Retained Earnings2.5B2.7B2.9B2.9B3.4B3.6B
Cash714.9M1.0B593.6M909.5M1.0B554.1M
Other Assets22.6B21.2B36.8B(3.2B)(3.6B)(3.5B)
Total Liab29.3B31.1B35.4B36.8B42.4B44.5B
Total Current Assets3.9B5.4B581.4M4.3B4.9B4.6B
Short Term Debt59.3M284.1M3.1B740M851M1.5B
Other Liab22.0M47.8M39.8M234.0M210.6M136.7M
Accounts Payable23.8B26.5B28.5B29.6B34.1B19.4B
Long Term Debt549.5M1.6B4.6B1.7B2.0B2.0B
Inventory(807.7M)(1.1B)(765.9M)(1.1B)(984.1M)(934.9M)
Treasury Stock(400.5M)(456.2M)(546.2M)(525.2M)(472.7M)(449.0M)
Intangible Assets110.2M113.0M126.6M124.9M112.4M87.0M
Good Will1.2B1.2B1.1B1.1B1.3B1.0B
Other Current Assets807.7M1.1B765.9M1.1B984.1M934.9M
Net Tangible Assets2.4B2.6B2.7B2.7B3.1B2.3B
Long Term Debt Total549.3M549.5M1.9B248.1M223.3M212.1M
Capital Surpluse1.7B1.7B1.7B1.7B2.0B1.8B

Associated Banc Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense149.9M72.3M187.9M918.5M1.1B1.1B
Operating Income327.0M436.3M692.6M206.1M237.0M236.4M
Ebit315.5M385.6M459.6M206.1M237.0M229.7M
Ebitda359.7M441.0M513.5M206.1M237.0M253.3M
Net Income306.8M351.0M366.1M183.0M210.4M165.9M
Income Tax Expense20.2M85.3M93.5M23.1M26.6M25.2M
Total Revenue1.1B1.1B1.2B2.0B2.3B2.4B
Gross Profit1.1B1.1B1.2B2.0B2.3B2.4B
Income Before Tax327.0M436.3M459.6M206.1M237.0M245.8M
Tax Provision20.2M85.3M93.5M95.6M86.1M65.1M
Net Interest Income763.0M725.9M957.3M1.1B1.2B899.7M
Interest Income912.8M798.2M1.1B1.8B2.1B1.2B

Associated Banc Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash127.3M309.5M(404.1M)302.4M272.1M285.7M
Free Cash Flow495.1M477.3M783.9M380.9M438.1M292.5M
Depreciation83.4M74.8M53.9M55.8M64.2M49.2M
Other Non Cash Items300.8M(26.0M)133.6M148.8M171.1M179.7M
Dividends Paid130.4M133.2M134.6M141.0M162.2M83.8M
Capital Expenditures54.9M52.3M62.7M61.8M71.1M37.0M
Net Income306.8M351.0M366.1M183.0M210.4M183.2M
End Period Cash Flow716.0M1.0B621.5M923.8M1.1B608.8M
Investments(652.4M)(1.5B)(5.1B)(3.5B)(3.1B)(3.0B)
Change Receivables7.6M933K9.7M(63.9M)(57.5M)(54.7M)
Net Borrowings58.0M(238.7M)(198.1M)3.8B4.4B4.6B
Change To Netincome230.1M433.1M(119.1M)129.6M116.7M100.2M

Associated Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Associated Banc's current stock value. Our valuation model uses many indicators to compare Associated Banc value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Associated Banc competition to find correlations between indicators driving Associated Banc's intrinsic value. More Info.
Associated Banc Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Associated Banc Corp is roughly  9.87 . At present, Associated Banc's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Associated Banc's earnings, one of the primary drivers of an investment's value.

Associated Banc Corp Systematic Risk

Associated Banc's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Associated Banc volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Associated Banc Corp correlated with the market. If Beta is less than 0 Associated Banc generally moves in the opposite direction as compared to the market. If Associated Banc Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Associated Banc Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Associated Banc is generally in the same direction as the market. If Beta > 1 Associated Banc moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Associated Banc Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Associated Banc's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Associated Banc growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.29)

At present, Associated Banc's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Associated Banc January 30, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Associated Banc help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Associated Banc Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Associated Banc Corp based on widely used predictive technical indicators. In general, we focus on analyzing Associated Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Associated Banc's daily price indicators and compare them against related drivers.

Complementary Tools for Associated Stock analysis

When running Associated Banc's price analysis, check to measure Associated Banc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Associated Banc is operating at the current time. Most of Associated Banc's value examination focuses on studying past and present price action to predict the probability of Associated Banc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Banc's price. Additionally, you may evaluate how the addition of Associated Banc to your portfolios can decrease your overall portfolio volatility.
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