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) Total debt

Alert me on Total debt

Associated Banc-Corp's total debt at the end of fiscal 2025 was $3.9B, up 43.5% from $2.7B in fiscal 2024. At the end of the quarter to 30 September 2026 it was $4.6B. Over the past ten years it has ranged from $1.9B (fiscal 2021) to $4.6B (fiscal 2022); the current reading is higher than 82% of that period. Associated Banc-Corp ranks 35th of 321 Banks Regional companies by total debt.

Total debt, annual

Embed this chart

Annual newest first

Period Total debt Change
FY2025 $3.9B 43.51%
FY2024 $2.7B 8.46%
FY2023 $2.5B (45.68%)
FY2022 $4.6B 144.23%
FY2021 $1.9B (14.29%)
FY2020 $2.2B (41.50%)
FY2019 $3.7B (14.64%)
FY2018 $4.4B 18.70%
FY2017 $3.7B 33.30%
FY2016 $2.8B 3.20%

Quarterly newest first

Period Total debt Change
Sep 2026 $4.6B (11.91%)
Jun 2026 $5.2B 28.68%
Mar 2026 $4.0B 3.94%
Dec 2025 $3.9B 1.25%
43 more quarters

Against its own ten years

Low $1.9B High $4.6B
Ten-year median $2.8B
Current reading's percentile 82

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

More on ASB