Associated Banc-Corp (ASB) vs Hancock Whitney (HWC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Hancock Whitney (HWC) has outperformed Associated Banc-Corp (ASB) over the past year, gaining 13.6% versus a gain of 7.1%. Over five years, HWC leads with a +48.2% price change compared with +29.6% for ASB. Hancock Whitney is the larger company by market cap ($5.75 billion vs $5.37 billion), about 1.1 times the size, while Associated Banc-Corp is growing revenue faster (+43.3% vs +4.8%).
On valuation, Associated Banc-Corp trades at a lower forward P/E (8.4x vs 9.8x for Hancock Whitney). Associated Banc-Corp offers the higher dividend yield (3.34% vs 2.65%). Hancock Whitney converts more of its revenue into profit, with a net margin of 32.1% 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 | HWC |
|---|---|---|
| Share price | $28.41 | $71.64 |
| Market cap | $5.37B | $5.75B |
| 1-day change | -1.70% | -1.49% |
| YTD return | +10.29% | +12.50% |
| 1-year return | +7.09% | +13.62% |
| 5-year return | +29.61% | +48.17% |
| P/E ratio (TTM) | 9.90 | 14.02 |
| Forward P/E | 8.45 | 9.78 |
| EPS (TTM) | $2.87 | $5.11 |
| Dividend yield | 3.34% | 2.65% |
| Annual dividend | $0.95 | $1.90 |
| Revenue (latest FY) | $1.49B | $1.52B |
| Revenue growth (YoY) | +43.33% | +4.78% |
| Net income (latest FY) | $474.78M | $486.07M |
| Net margin | 31.92% | 32.08% |
| 52-week high | $32.46 | $80.13 |
| 52-week low | $23.86 | $54.05 |
| Distance from 52-week high | -12.48% | -10.60% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +21.08% | +17.99% |
| Average volume | 1.86M | 821.48K |
| Shares outstanding | 188.85M | 80.22M |
| Employees | 4,129 | 3,674 |
| 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
- Hancock Whitney trades at a higher earnings multiple (14.0x vs 9.9x trailing P/E).
- Associated Banc-Corp grew revenue faster in its latest fiscal year (+43.33% vs +4.78%).
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 Hancock Whitney
HWC stock →Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers in the United States. The company offers various transaction and savings deposit products, such as brokered deposits, time deposits, and money market accounts; treasury management services; secured and unsecured loan products, including revolving credit facilities; letters of credit and similar financial guarantees; trust and investment management services to retirement plans, corporations, and individuals; and investment advisory and brokerage products.
Finance · Major Banks · 3,674 employees
ASB vs HWC FAQ
Which is bigger, Associated Banc-Corp or Hancock Whitney?
Hancock Whitney (HWC) is larger, with a market capitalization of $5.75B compared with $5.37B for Associated Banc-Corp (ASB).
Which stock has performed better over the past year, ASB or HWC?
HWC returned +13.62% over the past 12 months, compared with +7.09% for ASB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ASB or HWC?
ASB has the lower trailing P/E at 9.9, versus 14.0 for HWC. 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 Hancock Whitney?
Associated Banc-Corp has the higher yield at 3.34%, compared with 2.65% for Hancock Whitney.
Are Associated Banc-Corp and Hancock Whitney in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.