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) Gross margin

Alert me on Gross margin

Associated Banc-Corp's gross margin over the twelve months to 30 September 2026 was 63.6%, up 3.1 percentage points from fiscal 2025 (60.5%). Over the past ten years it has ranged from 49.1% (fiscal 2024) to 93.6% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Banks Regional industry median of 69.8% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 60.5% 11.38
FY2024 49.1% (5.45)
FY2023 54.6% (32.28)
FY2022 86.8% (6.76)
FY2021 93.6% 4.10
FY2020 89.5% 11.19
FY2019 78.3% (3.50)
FY2018 81.8% (6.27)
FY2017 88.1% (4.55)
FY2016 92.6% (0.22)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 64.4% 0.42
Jun 2026 64.0% 0.58
Mar 2026 63.4% 1.00
Dec 2025 62.4% 1.84
43 more quarters

Against its own ten years

Low 49.1% High 93.6%
Ten-year median 86.8%
Current reading's percentile 28

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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