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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Associated Banc-Corp (ASB) trades at a price to free cash flow of 6.7×. Over the past ten years it has ranged from 2.5× (July 2020) to 37.4× (June 2015); the current reading is higher than 38% of that period. That is below the Banks Regional industry median of 10.6× and below the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 7.3× 8.20%
FY2024 6.8× (20.79%)
FY2023 8.6× 94.26%
FY2022 4.4× (38.23%)
FY2021 7.1× 35.50%
FY2020 5.3× (24.53%)
FY2019 7.0× (9.20%)
FY2018 7.7× (17.54%)
FY2017 9.3× 35.03%
FY2016 6.9× (39.20%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 6.3× (26.32%)
Jun 2026 8.5× 22.81%
Mar 2026 6.9× (5.55%)
Dec 2025 7.3× (2.62%)
43 more quarters

Against its own ten years

Low 2.5× High 37.4×
Ten-year median 7.5×
Current reading's percentile 38

Price to free cash flow against peers

Company Price to free cash flow
ASB Associated Banc-Corp 6.7×
OZK Bank OZK compare 7.4×
AUB Atlantic Union Bankshares Corporation compare 10.0×
HWC Hancock Whitney Corporation compare 10.3×
ABCB Ameris Bancorp compare 10.5×
IFS Intercorp Financial Services Inc. compare 11.2×
AX AXOS FINANCIAL, INC compare 12.6×
EBC Eastern Bankshares, Inc. compare 12.8×
HOMB Home BancShares, Inc. compare 13.7×
Banks Regional industry median 10.6×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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