Associated Banc-Corp (ASB) vs Atlantic Union Bankshares Corporation (AUB)

Associated Banc-Corp and Atlantic Union Bankshares Corporation are both Banks Regional companies. Associated Banc-Corp and Atlantic Union Bankshares Corporation are of similar size ($5.7B and $5.5B). Associated Banc-Corp trades at the lower P/E: 10.5× against 10.7×. Associated Banc-Corp grew revenue faster over the last twelve months: 22.9% against 20.8%. Atlantic Union Bankshares Corporation has the higher net margin (23.4% vs 19.4%) and the higher return on invested capital (8.66% vs 4.95%). Both pay a dividend; Atlantic Union Bankshares Corporation yields more (3.77% vs 3.14%). Across the 19 metrics below, Atlantic Union Bankshares Corporation leads on 10 and Associated Banc-Corp on 9.

Valuation

Metric ASB AUB Banks Regional median
P/E 10.49 10.68 12.02
P/S 2.16 2.50 2.36
P/B 1.08 1.10 1.23
Price to free cash flow 6.71 10.00 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.54% 9.36% 8.21%
Free cash flow yield 14.91% 10.00% 9.23%

Profitability

Metric ASB AUB Banks Regional median
Gross margin 63.62% 70.00% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.35% 23.44% 18.82%
Free cash flow margin 32.14% 24.96% 17.97%
Return on equity 10.31% 10.43% 10.28%
Return on assets 1.07% 1.38% 1.13%
Return on invested capital 4.95% 8.66% 8.45%

Growth

Metric ASB AUB Banks Regional median
Revenue growth (TTM) 22.93% 20.79% 6.37%
EPS growth (last fiscal year) 284.72% (9.38%) 18.85%
Revenue growth, 5-year CAGR 11.50% 21.06% 12.65%
Net income growth, 5-year CAGR 9.83% 11.41% 9.81%

Health

Metric ASB AUB Banks Regional median
Debt to equity 0.83 0.17 0.17
Current ratio 0.92 0.94 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ASB AUB Banks Regional median
Dividend yield 3.14% 3.77% 2.49%
Payout ratio 0.33 0.40 0.29

Size

Metric ASB AUB Banks Regional median
Market cap 5.67b 5.49b 934.85m

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