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 6.9% 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 Growth | 11.2% |
| Revenue growth rate | -2.0% |
| Return on equity | 4.4% |
| Net Margin | 18.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Associated Banc-Corp (NYSE:ASB) Will Pay A Larger Dividend Than Last Year At $0.23
Nov 16
Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.23
Nov 02Associated Banc-Corp: Reset Rate Baby Bonds Offer Good Income
Sep 17Associated Banc-Corp: Despite Recent Weaknesses, This Is Still A Bank To Bank On
Aug 16Associated Banc-Corp: Baby Bond Presents Best Income Option
May 16We Think The Compensation For Associated Banc-Corp's (NYSE:ASB) CEO Looks About Right
Apr 25Associated Banc-Corp: Don't Bank On More Massive Upside (Rating Downgrade)
Mar 07Is Now The Time To Put Associated Banc-Corp (NYSE:ASB) On Your Watchlist?
Jan 16Associated Banc-Corp: Compelling 8.8% Yielding Baby Bond
Dec 11Associated Banc-Corp: A Great Price For A Stellar Bank
Oct 13If EPS Growth Is Important To You, Associated Banc-Corp (NYSE:ASB) Presents An Opportunity
Oct 03Associated Banc-Corp (NYSE:ASB) Is Increasing Its Dividend To $0.21
Aug 28Associated Banc-Corp (NYSE:ASB) Has Announced That It Will Be Increasing Its Dividend To $0.21
Jul 29Associated Banc-Corp: Limited Downside, Strong Upside Potential
Jul 21Do Associated Banc-Corp's (NYSE:ASB) Earnings Warrant Your Attention?
Jun 08Associated Banc-Corp's (NYSE:ASB) Upcoming Dividend Will Be Larger Than Last Year's
Apr 29Revenue & Expenses Breakdown
How Associated Banc-Corp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,008 | 182 | 715 | 0 |
| 30 Jun 24 | 998 | 177 | 710 | 0 |
| 31 Mar 24 | 1,000 | 148 | 701 | 0 |
| 31 Dec 23 | 1,020 | 170 | 696 | 0 |
| 30 Sep 23 | 1,249 | 369 | 689 | 0 |
| 30 Jun 23 | 1,268 | 382 | 686 | 0 |
| 31 Mar 23 | 1,259 | 381 | 680 | 0 |
| 31 Dec 22 | 1,207 | 352 | 668 | 0 |
| 30 Sep 22 | 1,146 | 321 | 652 | 0 |
| 30 Jun 22 | 1,116 | 312 | 641 | 0 |
| 31 Mar 22 | 1,113 | 314 | 636 | 0 |
| 31 Dec 21 | 1,146 | 332 | 636 | 0 |
| 30 Sep 21 | 1,116 | 319 | 626 | 0 |
| 30 Jun 21 | 1,044 | 275 | 627 | 0 |
| 31 Mar 21 | 1,147 | 333 | 629 | 0 |
| 31 Dec 20 | 1,121 | 286 | 639 | 0 |
| 30 Sep 20 | 1,158 | 293 | 669 | 0 |
| 30 Jun 20 | 1,247 | 332 | 687 | 0 |
| 31 Mar 20 | 1,157 | 269 | 701 | 0 |
| 31 Dec 19 | 1,201 | 310 | 705 | 0 |
| 30 Sep 19 | 1,215 | 327 | 694 | 0 |
| 30 Jun 19 | 1,222 | 331 | 691 | 0 |
| 31 Mar 19 | 1,236 | 337 | 695 | 0 |
| 31 Dec 18 | 1,235 | 321 | 692 | 0 |
| 30 Sep 18 | 1,200 | 284 | 681 | 0 |
| 30 Jun 18 | 1,158 | 263 | 659 | 0 |
| 31 Mar 18 | 1,097 | 232 | 635 | 0 |
| 31 Dec 17 | 1,048 | 219 | 618 | 0 |
| 30 Sep 17 | 1,034 | 223 | 613 | 0 |
| 30 Jun 17 | 1,015 | 212 | 607 | 0 |
| 31 Mar 17 | 1,006 | 203 | 600 | 0 |
| 31 Dec 16 | 990 | 189 | 606 | 0 |
| 30 Sep 16 | 967 | 178 | 590 | 0 |
| 30 Jun 16 | 957 | 173 | 587 | 0 |
| 31 Mar 16 | 960 | 174 | 591 | 0 |
| 31 Dec 15 | 968 | 179 | 592 | 0 |
| 30 Sep 15 | 973 | 186 | 591 | 0 |
| 30 Jun 15 | 977 | 188 | 588 | 0 |
| 31 Mar 15 | 965 | 185 | 579 | 0 |
| 31 Dec 14 | 956 | 184 | 572 | 0 |
| 30 Sep 14 | 957 | 183 | 576 | 0 |
| 30 Jun 14 | 942 | 178 | 573 | 0 |
| 31 Mar 14 | 946 | 180 | 575 | 0 |
| 31 Dec 13 | 949 | 182 | 575 | 0 |
Quality Earnings: ASB has high quality earnings.
Growing Profit Margin: ASB'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's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: ASB'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 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's Return on Equity (4.4%) is considered low.