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) P/E ratio

Alert me on 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

Against its own ten years

Low 5.5× High 34.6×
Ten-year median 12.5×
Current reading's percentile 36

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)

The full definition of P/E ratio →

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