US stock · Financial Services sector · Banks—Regional
A
Associated Banc-Corp
ASB
NYSE15.54
USD
-0.52
(-3.24%)
Market Closed
5.90P/E
7Forward P/E
0.24P/E to S&P500
2.345BMarket CAP
5.11%Div Yield
Upcoming Earnings
19 Jul-24 Jul
Shares Short
5/15/23
5.56M
Short % of Float
4.92%
Short % of Shares Outs.
3.68%
% Held by Insiders
1.40%
% Held by Institutions
82.75%
Beta
0.98
PEG Ratio
0.79
52w. high/low
25.50/14.47
Avg. Daily Volume
2.15M
Return %
Stock
S&P 500
1 year
(21.64)
5.88
3 years
18.58
40.76
5 years
(42.97)
52.43
Scale: |
High
Low
31.99
0.09
20.34
0.11
15.57
0.12
15.60
8.75
14.73
11.17
17.70
12.60
19.44
15.54
20.95
16.50
25.43
15.45
26.70
20.95
29.02
18.53
23.84
18.52
22.13
10.23
24.06
16.87
25.78
17.45
24.21
14.47
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
7.76
7.70
8.42
5.72
5.16
5.45
5.79
6.18
6.73
7.13
7.12
7.38
7.52
8.22
6.86
7.49
5.07
Earnings per share
2.24
1.32
(1.03)
(0.00)
0.81
1.04
1.14
1.21
1.26
1.35
1.52
1.99
2.04
2.00
2.29
2.39
2.55
FCF per share
2.01
3.19
0.77
2.75
1.34
1.55
2.53
1.03
1.65
3.53
2.72
2.57
3.16
3.24
3.12
5.53
4.03
Dividends per share
1.22
1.27
0.68
0.19
0.12
0.26
0.36
0.41
0.47
0.52
0.57
0.69
0.79
0.85
0.87
0.80
0.89
CAPEX per share
0.27
0.25
0.18
0.20
0.44
0.49
0.41
0.32
0.37
0.70
0.31
0.39
0.42
0.36
0.34
- -
0.31
Book Value per sh.
18.29
22.56
21.42
18.45
16.53
17.05
17.46
17.80
19.67
20.78
21.46
22.59
24.43
26.74
26.31
24.98
26.86
Comm.Shares outs.
127
128
128
171
173
172
166
157
149
149
151
167
161
153
153
153
149
Avg. annual P/E ratio
1.6
12.1
(1.7)
(508.1)
15.8
12.5
13.6
14.6
15.0
14.0
16.1
12.8
10.4
7.5
9.2
9.2
5.9
P/E to S&P500
0.1
0.6
(0.0)
(24.5)
1.0
0.8
0.8
0.8
0.7
0.6
0.7
0.5
0.4
0.2
0.3
0.4
0.2
Avg. annual div. yield
33.3%
8.0%
38.5%
7.6%
1.0%
2.0%
2.3%
2.3%
2.5%
2.7%
2.3%
2.7%
3.7%
5.7%
4.1%
3.7%
4.3%
Revenue (m)
989
982
1,077
979
895
939
959
971
1,005
1,060
1,074
1,235
1,208
1,257
1,049
1,145
757
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
409.3%
Depreciation (m)
55
56
36
35
64
71
69
65
62
60
59
66
81
83
75
54
9
Net profit (m)
286
168
(132)
(1)
140
179
189
191
188
200
229
334
327
307
351
366
395
Income tax rate
31.8%
24.2%
53.7%
97.9%
23.8%
29.7%
29.6%
31.0%
30.2%
30.4%
32.3%
19.3%
19.6%
6.2%
19.6%
20.3%
20.6%
Net profit margin
28.9%
17.2%
(12.2)%
(0.1)%
15.6%
19.1%
19.7%
19.6%
18.7%
18.9%
21.3%
27.0%
27.1%
24.4%
33.5%
32.0%
183.8%
Working capital (m)
13,603
13,938
14,603
12,729
13,252
15,630
17,217
19,140
19,830
21,170
22,208
24,987
24,305
26,445
26,583
581
4,338
Long-term debt (m)
1,765
1,862
1,954
1,414
1,177
1,015
3,087
3,930
2,679
2,762
3,397
4,370
3,210
2,182
1,870
- -
5,530
Equity (m)
2,330
2,877
2,739
3,159
2,866
2,936
2,891
2,800
2,937
3,091
3,237
3,781
3,922
4,091
4,025
3,821
4,126
ROIC
3.9%
2.4%
(0.1)%
0.0%
1.2%
1.1%
1.0%
0.9%
0.9%
0.9%
1.1%
1.7%
1.9%
1.3%
1.2%
1.3%
1.9%
Return on capital
4.9%
2.7%
(0.1)%
0.6%
1.4%
1.5%
1.4%
1.2%
1.3%
1.3%
1.6%
2.0%
2.3%
1.4%
1.4%
1.7%
2.4%
Return on equity
12.3%
5.9%
(4.8)%
(0.0)%
4.9%
6.1%
6.5%
6.8%
6.4%
6.5%
7.1%
8.8%
8.3%
7.5%
8.7%
9.6%
9.6%
Plowback ratio
45.5%
3.6%
165.7%
3,978.3%
84.8%
74.9%
68.1%
66.6%
63.1%
61.7%
62.6%
65.1%
61.1%
57.5%
62.1%
66.4%
66.3%
Div.&Repurch./FCF
60.7%
39.9%
- -
- -
234.6%
40.0%
44.1%
202.6%
60.3%
26.7%
25.4%
80.1%
59.6%
41.2%
85.8%
14.0%
21.6%
Capital Structure
27 Apr · 2023 | Q1
All numbers in millions
Total liabilities
$ 36,577
Total assets
$ 40,703
Long-term debt
$ 5,530
Cash and equiv.
$ 822
Goodwill
$ 1,105
Retained earnings
$ 2,973
Common stock
150
Enterprise Value
$ 7,053
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
3,800
5,358
437
Receivables
90
81
144
Inventory
- -
- -
- -
Other
22,614
21,491
(278)
Current assets
26,505
26,618
581
Acc. Payable
- -
- -
- -
Debt due
59
35
- -
Other
- -
- -
- -
Current liabilities
59
35
- -
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
9.17%
(1.38)%
2.34%
Cash flow
77.38%
22.28%
19.51%
Earnings
4.31%
2.64%
8.52%
Dividends
(7.54)%
1.62%
8.81%
Book value
(5.06)%
0.34%
3.32%
Insider Trading
Type
Shares
Date
Utz John A.
Other
90
05/15/23
Stadler Tammy C.
Other
184
05/15/23
Kitowski Nicole M
Other
8
05/15/23
Dewitt Angie
Other
43
05/15/23
Carson Bryan
Other
134
05/15/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
268
250
264
267
1,049
2022
207
53
19
350
629
2023
335
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.62
0.59
0.58
0.50
2.29
2022
0.49
0.57
0.63
0.71
2.39
2023
0.69
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.22
0.21
0.23
0.21
0.87
2022
0.22
0.22
0.22
0.23
0.88
2023
0.21
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Banks—Regional
CEO:
Mr. Andrew J. Harmening
Full-time employees:
4,219
City:
Green Bay
Address:
433 Main Street
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services such as interest rate risk management, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. As of December 31, 2021, the company operated 215 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.