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Friday 6 November 2026 Export ASB’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Associated Banc-Corp (ASB) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Associated Banc-Corp (ASB) trades at a P/B ratio of 1.1×. Over the past ten years it has ranged from 0.5× (March 2020) to 1.3× (March 2017); the current reading is higher than 81% of that period. That is below the Banks Regional industry median of 1.2× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.9× 8.05%
FY2024 0.8× 0.43%
FY2023 0.8× (9.38%)
FY2022 0.9× 1.74%
FY2021 0.9× 27.35%
FY2020 0.7× (27.69%)
FY2019 1.0× 2.72%
FY2018 0.9× (24.54%)
FY2017 1.2× (1.65%)
FY2016 1.3× 27.32%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.0× (4.74%)
Jun 2026 1.1× 19.61%
Mar 2026 0.9× (0.07%)
Dec 2025 0.9× (2.02%)
43 more quarters

Against its own ten years

Low 0.5× High 1.3×
Ten-year median 0.9×
Current reading's percentile 80

P/B ratio against peers

Company P/B ratio
OZK Bank OZK compare 1.0×
ASB Associated Banc-Corp 1.1×
AUB Atlantic Union Bankshares Corporation compare 1.1×
EBC Eastern Bankshares, Inc. compare 1.2×
ABCB Ameris Bancorp compare 1.3×
HOMB Home BancShares, Inc. compare 1.3×
HWC Hancock Whitney Corporation compare 1.4×
IFS Intercorp Financial Services Inc. compare 1.4×
AX AXOS FINANCIAL, INC compare 1.6×
Banks Regional industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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