ASB
$28.96+0.42%
ASB financial statements
The full income statement, balance sheet, and cash-flow statement for Associated Banc-Corp (ASB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 150.9M2024-09 151.3M2024-12 166.2M2025-03 165.8M2025-06 165.8M2025-09 165.9M2025-12 166.0M2026-03 165.9M2026-06 188.8M+25.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.49B+43.3% | 1.04B-5.9% | 1.10B-11.0% | 1.24B+17.1% | 1.06B-17.1% | ||
| Noninterest income | 286M+3144.5% | -9.41M-114.9% | 63.2M-77.6% | 282M-15.0% | 332M-35.3% | |
| Amortization of intangibles | 8.81M+0.0% | 8.81M+0.0% | 8.81M+0.0% | 8.81M-0.4% | 8.84M-13.2% | |
| Noninterest expense | 856M+4.6% | 818M+0.6% | 814M+8.9% | 747M+5.2% | 710M-8.5% | |
| Provision for credit losses | 54.0M-36.5% | 85.0M+2.4% | 83.0M+151.6% | 33.0M+137.5% | -88.0M-150.6% | |
| Interest expense | 972M-9.7% | 1.08B+17.1% | 918M+388.7% | 188M+159.8% | 72.3M-51.7% | |
| Interest & investment income | 2.17B+2.4% | 2.12B+8.4% | 1.96B+71.0% | 1.15B+43.5% | 798M-12.6% | |
| Net interest income | 1.20B+14.7% | 1.05B+0.7% | 1.04B+8.6% | 957M+31.9% | 726M-4.9% | |
| Pre-tax income | 578M+329.8% | 134M-34.7% | 206M-55.2% | 460M+5.3% | 436M+33.4% | |
| Income tax | 103M+811.6% | 11.3M-51.0% | 23.1M-75.3% | 93.5M+9.6% | 85.3M+322.3% | |
| 475M+285.5% | 123M-32.7% | 183M-50.0% | 366M+4.3% | 351M+14.4% | ||
| Preferred dividends | 11.5M+0.0% | 11.5M+0.0% | 11.5M+0.0% | 11.5M-32.8% | 17.1M-6.8% | |
| Net income to common | 463M+315.0% | 112M-34.9% | 171M-51.7% | 355M+6.2% | 334M+15.8% | |
| $2.77+284.7% | $0.72-36.3% | $1.13-51.7% | $2.34+7.3% | $2.18+17.2% | ||
| EPS (basic) | $2.79+282.2% | $0.73-36.0% | $1.14-51.7% | $2.36+7.3% | $2.20+17.6% | |
| Weighted-avg shares (basic) | 165M+8.7% | 152M+1.3% | 150M+0.5% | 149M-1.1% | 151M-1.5% | |
| Weighted-avg shares (diluted) | 167M+8.7% | 153M+1.6% | 151M+0.2% | 150M-1.0% | 152M-1.1% | |
| Dividends per share | $0.93+4.5% | $0.89+4.7% | $0.85+4.9% | $0.81+4.4% | $0.78+5.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 1.72B+68.7% | 1.02B+10.4% | 924M+48.7% | 621M-39.4% | 1.03B+43.2% | |
| 45.2B+5.1% | 43.0B+4.9% | 41.0B+4.1% | 39.4B+12.3% | 35.1B+5.0% | ||
| Property, plant & equipment | 382M+0.7% | 379M+1.6% | 373M-1.0% | 377M-2.1% | 385M-8.1% | |
| Operating lease right-of-use | — | 33.2M+34.4% | 24.7M-3.5% | 25.6M-9.5% | 28.3M-11.5% | |
| Goodwill | 1.10B+0.0% | 1.10B+0.0% | 1.10B+0.0% | 1.10B+0.0% | 1.10B-0.4% | |
| Intangible assets | 22.8M-27.8% | 31.7M-21.8% | 40.5M-17.9% | 49.3M-15.2% | 58.1M-14.9% | |
| Short-term & current debt | 308M-34.5% | 470M+43.9% | 327M-46.1% | 606M+71.0% | 354M+40.4% | |
| 40.2B+4.7% | 38.4B+4.3% | 36.8B+4.1% | 35.4B+13.9% | 31.1B+6.0% | ||
| Long-term debt | 594M-29.1% | 838M+54.8% | 541M+118.2% | 248M-0.5% | 249M-54.6% | |
| Operating lease liability (total) | — | 35.6M+30.3% | 27.3M-3.7% | 28.4M-9.5% | 31.3M-13.9% | |
| Finance lease liability (total) | 0.00-100.0% | 295K-23.0% | 383K-18.3% | 469K+187.7% | 163K-85.5% | |
| 4.98B+8.0% | 4.61B+10.3% | 4.17B+3.9% | 4.02B-0.2% | 4.02B-1.6% | ||
| Common stock | 1.89M+0.0% | 1.89M+7.9% | 1.75M+0.0% | 1.75M+0.0% | 1.75M+0.0% | |
| Additional paid-in capital | 2.05B+0.1% | 2.05B+19.4% | 1.71B+0.1% | 1.71B-0.1% | 1.71B-0.4% | |
| Retained earnings | 3.23B+10.5% | 2.92B-0.9% | 2.95B+1.4% | 2.90B+8.7% | 2.67B+8.7% | |
| Treasury stock | 490M+1.6% | 483M-5.8% | 512M-2.4% | 525M-3.9% | 546M+19.7% | |
| Accumulated other comprehensive income | -7.57M+89.8% | -74.4M+56.5% | -171M+37.3% | -273M-2544.2% | -10.3M-181.8% | |
| Total liabilities & equity | 45.2B+5.1% | 43.0B+4.9% | 41.0B+4.1% | 39.4B+12.3% | 35.1B+5.0% | |
| Common shares issued | 189M+0.0% | 189M+7.9% | 175M+0.0% | 175M+0.0% | 175M+0.0% | |
| Common shares outstanding | 166M-0.1% | 166M+10.0% | 151M+0.4% | 150M+0.7% | 149M-2.7% | |
| Shares outstanding (cover) | 166M-0.2% | 166M+10.0% | 151M+0.4% | 151M+0.6% | 150M-2.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 616M+6.1% | 580M+31.1% | 443M-47.7% | 847M+59.9% | 530M-3.7% | ||
| Depreciation & amortization | 59.2M+2.6% | 57.7M+3.3% | 55.8M+3.5% | 53.9M-2.6% | 55.4M-8.9% | |
| Intangible amortization | 8.81M+0.0% | 8.81M+0.0% | 8.81M+0.0% | 8.81M-0.4% | 8.84M-13.2% | |
| Deferred income taxes | 21.2M+158.2% | -36.5M-217.0% | -11.5M-192.5% | 12.4M-19.1% | 15.4M+152.9% | |
| -1.62B+26.8% | -2.22B-54.5% | -1.44B+72.7% | -5.25B-231.7% | -1.58B-99.6% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00+100.0% | |
| Sales/maturities of investments | 1.19B+2.6% | 1.16B+191.6% | 398M-19.5% | 494M-59.4% | 1.22B-9.4% | |
| 1.71B-1.4% | 1.73B+33.8% | 1.30B-67.6% | 4.00B+193.5% | 1.36B+267.7% | ||
| Long-term debt issued | 0.00-100.0% | 299M+2.1% | 293M | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 300M | |
| Net short-term debt | -163M-213.2% | 144M+151.4% | -279M-210.9% | 252M+146.9% | 102M+142.7% | |
| Common stock issued | 0.00-100.0% | 331M | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 156M+11.9% | 139M+7.5% | 130M+5.2% | 123M+6.1% | 116M+3.6% | |
| Other financing activities | -52.0K | 0.00 | 0.00 | — | — | |
| Net change in cash | 701M+631.5% | 95.8M-68.3% | 302M | — | — | |
| Interest paid | 988M-8.1% | 1.08B+28.2% | 839M+380.2% | 175M+114.1% | 81.6M-48.8% | |
| Income taxes paid | 1.52M-91.4% | 17.7M-74.4% | 69.4M+277.4% | 18.4M-68.1% | 57.7M+225.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.28B+7.6% | 3.97B+23.1% | 3.23B-7.0% | 3.47B+2.7% | 3.38B+29.7% | |
| P/E | 9.0×-72.1% | 32.3×+282.3% | 8.4×-18.7% | 10.4×+7.9% | 9.6×+13.4% | |
| P/S | 2.9×-24.9% | 3.8×+57.8% | 2.4×-19.1% | 3.0×-6.1% | 3.2×+56.5% | |
| P/B | 0.9×-0.4% | 0.9×+10.3% | 0.8×-10.9% | 0.9×+4.6% | 0.8×+31.8% | |
| P/FCF | 5.1×+7.6% | 4.7×+23.1% | 3.8×-7.0% | 4.1×+2.7% | 4.0×+29.7% | |
| Earnings yield | 11.1%+258.3% | 3.1%-73.8% | 11.8%+23.1% | 9.6%-7.3% | 10.4%-11.8% | |
| FCF yield | 19.7%-7.1% | 21.2%-18.7% | 26.1%+7.5% | 24.2%-2.7% | 24.9%-22.9% | |
| Dividend yield | 3.6%-3.1% | 3.7%-6.3% | 4.0%+13.3% | 3.5%+2.1% | 3.4%-20.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ASB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ASB filings on SEC EDGAR → Not investment advice.