Associated Banc-Corp

NYSE:ASB.PRF Stock Report

Market Cap: US$3.9b

Associated Banc-Corp Past Earnings Performance

Past criteria checks 1/6

Associated Banc-Corp's earnings have been declining at an average annual rate of -6%, while the Banks industry saw earnings growing at 7% annually. Revenues have been declining at an average rate of 2% per year. Associated Banc-Corp's return on equity is 4.4%, and it has net margins of 18%.

Key information

-6.0%

Earnings growth rate

-4.7%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate-2.0%
Return on equity4.4%
Net Margin18.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Associated Banc-Corp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:ASB.PRF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,0081827150
30 Jun 249981777100
31 Mar 241,0001487010
31 Dec 231,0201706960
30 Sep 231,2493696890
30 Jun 231,2683826860
31 Mar 231,2593816800
31 Dec 221,2073526680
30 Sep 221,1463216520
30 Jun 221,1163126410
31 Mar 221,1133146360
31 Dec 211,1463326360
30 Sep 211,1163196260
30 Jun 211,0442756270
31 Mar 211,1473336290
31 Dec 201,1212866390
30 Sep 201,1582936690
30 Jun 201,2473326870
31 Mar 201,1572697010
31 Dec 191,2013107050
30 Sep 191,2153276940
30 Jun 191,2223316910
31 Mar 191,2363376950
31 Dec 181,2353216920
30 Sep 181,2002846810
30 Jun 181,1582636590
31 Mar 181,0972326350
31 Dec 171,0482196180
30 Sep 171,0342236130
30 Jun 171,0152126070
31 Mar 171,0062036000
31 Dec 169901896060
30 Sep 169671785900
30 Jun 169571735870
31 Mar 169601745910
31 Dec 159681795920
30 Sep 159731865910
30 Jun 159771885880
31 Mar 159651855790
31 Dec 149561845720
30 Sep 149571835760
30 Jun 149421785730
31 Mar 149461805750
31 Dec 139491825750

Quality Earnings: ASB.PRF has high quality earnings.

Growing Profit Margin: ASB.PRF's current net profit margins (18%) are lower than last year (29.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASB.PRF's earnings have declined by 6% per year over the past 5 years.

Accelerating Growth: ASB.PRF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ASB.PRF had negative earnings growth (-50.8%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: ASB.PRF's Return on Equity (4.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 05:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Associated Banc-Corp is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David GeorgeBaird
Matthew KeatingBarclays
Jared ShawBarclays