Associated Banc-Corp Financial Ratios
NYSE: ASBFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Associated Banc-Corp ratio analysis
Associated Banc-Corp earned a net margin of 31.9% in FY 2025, up from 11.9% a year earlier. Return on equity reached 9.5%, meaning Associated Banc-Corp generated 0.10 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.18 versus 0.28 the year before.
At the end of FY 2025, ASB traded at 9.3 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 9.2 to 33.4, with a median of 11.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Associated Banc-Corp financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 9.30 | 33.38 | 18.93 | 9.87 | 10.36 | 9.17 | 11.40 | 10.71 | 17.89 | 19.60 |
| Price / sales | 2.86 | 3.52 | 2.91 | 2.78 | 3.22 | 2.04 | 2.87 | 2.74 | 3.57 | 3.47 |
| Price / book | 0.85 | 0.79 | 0.77 | 0.86 | 0.85 | 0.64 | 0.89 | 0.90 | 1.18 | 1.19 |
| Net margin | 31.9% | 11.9% | 16.6% | 29.5% | 33.2% | 24.0% | 26.9% | 27.0% | 21.3% | 18.9% |
| Free cash flow margin | 41.4% | 55.9% | 40.1% | 68.3% | 50.0% | 43.1% | 47.2% | 40.2% | 42.7% | 60.5% |
| Return on equity (ROE) | 9.5% | 2.7% | 4.4% | 9.1% | 8.7% | 7.5% | 8.3% | 8.8% | 7.1% | 6.5% |
| Return on assets (ROA) | 1.1% | 0.3% | 0.4% | 0.9% | 1.0% | 0.9% | 1.0% | 1.0% | 0.8% | 0.7% |
| Debt / equity | 0.18 | 0.28 | 0.21 | 0.21 | 0.15 | 0.20 | 0.26 | 0.25 | 0.27 | 1.25 |
| Revenue growth | 43.3% | -5.9% | -11.0% | 17.1% | -17.1% | 5.0% | -1.5% | 15.0% | 1.3% | 5.4% |
| EPS growth | 284.7% | -36.3% | -51.7% | 7.3% | 17.2% | -2.6% | 1.1% | 33.1% | 12.7% | 5.9% |