Associated Banc-Corp
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
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Associated Banc-Corp (ASB) P/E ratio
As of 5 November 2026, Associated Banc-Corp (ASB) trades at a P/E ratio of 10.5×. Over the past ten years it has ranged from 5.5× (July 2020) to 34.6× (August 2025); the current reading is higher than 33% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 9.2× | (69.59%) |
| FY2024 | 30.3× | 57.18% |
| FY2023 | 19.2× | 96.05% |
| FY2022 | 9.8× | (4.82%) |
| FY2021 | 10.3× | 13.13% |
| FY2020 | 9.1× | (20.57%) |
| FY2019 | 11.5× | 11.95% |
| FY2018 | 10.3× | (40.66%) |
| FY2017 | 17.3× | (12.05%) |
| FY2016 | 19.6× | 25.73% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 9.8× | (8.17%) |
| Jun 2026 | 10.7× | 19.81% |
| Mar 2026 | 8.9× | (3.07%) |
| Dec 2025 | 9.2× | (66.01%) |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| OZK Bank OZK compare | 8.6× |
| AX AXOS FINANCIAL, INC compare | 10.3× |
| ASB Associated Banc-Corp | 10.5× |
| AUB Atlantic Union Bankshares Corporation compare | 10.7× |
| HOMB Home BancShares, Inc. compare | 12.3× |
| EBC Eastern Bankshares, Inc. compare | 13.1× |
| IFS Intercorp Financial Services Inc. compare | 13.8× |
| HWC Hancock Whitney Corporation compare | 14.3× |
| ABCB Ameris Bancorp compare | 14.3× |
| Banks Regional industry median | 12.0× |
| Financial sector median | 12.2× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on ASB
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement