Associated Banc-Corp (ASB) vs Glacier Bancorp (GBCI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Associated Banc-Corp (ASB) has outperformed Glacier Bancorp (GBCI) over the past year, gaining 10.2% versus a loss of 10.5%. Over five years, ASB leads with a +29.6% price change compared with -20.3% for GBCI. Glacier Bancorp is the larger company by market cap ($5.60 billion vs $5.43 billion), about 1.0 times the size, while Associated Banc-Corp is growing revenue faster (+43.3% vs +7.5%).
On valuation, Associated Banc-Corp trades at a lower forward P/E (8.5x vs 12.0x for Glacier Bancorp). Associated Banc-Corp offers the higher dividend yield (3.30% vs 3.07%). Glacier Bancorp converts more of its revenue into profit, with a net margin of 236.5% versus 31.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ASB | GBCI |
|---|---|---|
| Share price | $28.76 | $42.98 |
| Market cap | $5.43B | $5.60B |
| 1-day change | +1.23% | +0.49% |
| YTD return | +11.65% | -2.43% |
| 1-year return | +10.19% | -10.46% |
| 5-year return | +29.61% | -20.30% |
| P/E ratio (TTM) | 10.02 | 17.69 |
| Forward P/E | 8.50 | 12.04 |
| EPS (TTM) | $2.87 | $2.43 |
| Dividend yield | 3.30% | 3.07% |
| Annual dividend | $0.95 | $1.32 |
| Revenue (latest FY) | $1.49B | $101.07M |
| Revenue growth (YoY) | +43.33% | +7.51% |
| Net income (latest FY) | $474.78M | $239.03M |
| Net margin | 31.92% | 236.49% |
| 52-week high | $32.46 | $54.58 |
| 52-week low | $23.86 | $39.90 |
| Distance from 52-week high | -11.40% | -21.25% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +19.61% | +29.90% |
| Average volume | 1.86M | 1.08M |
| Shares outstanding | 188.85M | 130.21M |
| Employees | 4,129 | 4,125 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ASB has outperformed GBCI by 20.6 percentage points over the past year.
- Glacier Bancorp trades at a higher earnings multiple (17.7x vs 10.0x trailing P/E).
- Glacier Bancorp is more profitable, keeping 236.5 cents of every revenue dollar as net income versus 31.9 cents for Associated Banc-Corp.
- Associated Banc-Corp grew revenue faster in its latest fiscal year (+43.33% vs +7.51%).
About Associated Banc-Corp
ASB stock →Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, Texas, and Minnesota. It offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit.
Finance · Major Banks · 4,129 employees
About Glacier Bancorp
GBCI stock →Glacier Bancorp, Inc. operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States.
Finance · Major Banks · 4,125 employees
ASB vs GBCI FAQ
Which is bigger, Associated Banc-Corp or Glacier Bancorp?
Glacier Bancorp (GBCI) is larger, with a market capitalization of $5.60B compared with $5.43B for Associated Banc-Corp (ASB).
Which stock has performed better over the past year, ASB or GBCI?
ASB returned +10.19% over the past 12 months, compared with -10.46% for GBCI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ASB or GBCI?
ASB has the lower trailing P/E at 10.0, versus 17.7 for GBCI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Associated Banc-Corp or Glacier Bancorp?
Associated Banc-Corp has the higher yield at 3.30%, compared with 3.07% for Glacier Bancorp.
Are Associated Banc-Corp and Glacier Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.