Associated Banc-Corp

ASB Financial Banks Regional

Associated Banc-Corp’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 16.4% from fiscal 2024.

Revenue
+13.0%
EPS
+5.48%
Free cash flow
+117.2%
Total debt
+19.3%

Quarter to September 2026, against a year earlier

30.62 0.73 −2.33%
Market cap
$5.7B
P/E
10.5×
Fwd P/E
10.6×
Dividend yield
3.14%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Associated Banc-Corp (ASB) Free cash flow

Alert me on Free cash flow

Associated Banc-Corp's free cash flow for fiscal 2025 was $579.3M, up 8.23% from $535.3M in fiscal 2024. Over the twelve months to 30 September 2026 it was $852.5M. Over the past ten years it has ranged from $246.6M (fiscal 2015) to $783.9M (fiscal 2022); the current reading is higher than 91% of that period. Associated Banc-Corp ranks 39th of 323 Banks Regional companies by free cash flow.

Free cash flow, annual

Embed this chart

Annual newest first

Period Free cash flow Change
FY2025 $579.3M 8.23%
FY2024 $535.3M 40.52%
FY2023 $380.9M (51.40%)
FY2022 $783.9M 64.24%
FY2021 $477.3M (3.61%)
FY2020 $495.1M (2.30%)
FY2019 $506.8M 17.67%
FY2018 $430.7M 4.80%
FY2017 $411.0M (23.54%)
FY2016 $537.5M 117.99%

Quarterly newest first

Period Free cash flow Change
Sep 2026 $320.3M 64.46%
Jun 2026 $194.8M 53.15%
Mar 2026 $127.2M (39.53%)
Dec 2025 $210.3M 42.65%
43 more quarters

Against its own ten years

Low $246.6M High $783.9M
Ten-year median $495.1M
Current reading's percentile 91

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

More on ASB