Ticker
ASB

Price
21.44
Stock movement up
+0.41 (1.95%)
Company name
Associated Banc-Corp
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Banks-Regional
Market cap
3.23B
Ent value
38.19B
Price/Sales
2.82
Price/Book
0.81
Div yield
4.10%
Div growth
6.51%
Growth years
9
FCF payout
22.19%
Trailing P/E
7.34
Forward P/E
8.54
PEG
1.22
EPS growth
9.82%
1 year return
23.22%
3 year return
-0.12%
5 year return
-0.81%
10 year return
1.65%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.88
Dividend yield4.10%
Payout frequencyQuarterly
Maximum yield6.64%
Average yield4.11%
Minimum yield2.94%
Discount to avg yield-0.08%
Upside potential-0.08%
Yield as % of max yield61.85%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield4.10%
Current yield distribution40.08%
Yield at 100% (Min)2.94%
Yield at 90%3.27%
Yield at 80%3.42%
Yield at 50% (Median)3.87%
Yield at 20%4.97%
Yield at 10%5.35%
Yield at 0% (Max)6.64%

Dividend per share

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Dividend per share data
Years of growth9 years
CCC statusDividend Challenger
Dividend per share0.88
Payout frequencyQuarterly
Ex-div date29 Feb 2024
EPS (TTM)2.87
EPS (1y forward)2.51
EPS growth (5y)9.82%
EPS growth (5y forward)6.00%

Dividend growth

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Dividend growth data
ASBS&P500
DGR MR4.76%-16.32%
DGR TTM4.88%4.05%
DGR 3 years5.69%5.24%
DGR 5 years6.51%5.40%
DGR 10 years9.92%7.07%
DGR 15 years-2.64%6.12%
Time since last change announced179 days
EPS growth (5y)9.82%
EPS growth (5y forward)6.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM27.96%22.19%
Average--
Forward35.06%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E7.34
Price to OCF3.82
Price to FCF5.83
Price to EBITDA4.70
EV to EBITDA55.54

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.82
Price to Book0.81
EV to Sales33.34

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FINANCIALS

Per share

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Per share data
Current share count150.87M
EPS (TTM)2.87
FCF per share (TTM)3.61

Income statement

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Income statement data
Revenue (TTM)1.15B
Gross profit (TTM)1.15B
Operating income (TTM)1.95B
Net income (TTM)440.38M
EPS (TTM)2.87
EPS (1y forward)2.51

Margins

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Margins data
Gross margin (TTM)100.60%
Operating margin (TTM)170.60%
Profit margin (TTM)38.45%

Balance Sheet

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Balance Sheet data
Cash436.95M
Net receivables144.45M
Total current assets581.40M
Goodwill1.10B
Intangible assets55.89M
Property, plant and equipment0.00
Total assets39.41B
Accounts payable0.00
Short/Current long term debt0.00
Total current liabilities29.66B
Total liabilities35.39B
Shareholder's equity4.02B
Net tangible assets2.67B

Cash flow

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Cash flow data
Operating cash flow (TTM)846.57M
Capital expenditures (TTM)62.71M
Free cash flow (TTM)554.88M
Dividends paid (TTM)123.14M

Financial returns

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Financial returns data
Return on Equity10.97%
Return on Assets1.12%
Return on Invested Capital5.12%
Cash Return on Invested Capital6.45%

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STOCK INFORMATION

Stock chart

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Stock price data
Open21.18
Daily high21.54
Daily low21.08
Daily Volume1.04M
All-time high35.43
1y analyst estimate24.44
Beta1.01
EPS (TTM)2.87
Dividend per share0.88
Ex-div date29 Feb 2024
Next earnings date25 Apr 2024

Downside potential

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Downside potential data
ASBS&P500
Current price drop from All-time high-39.49%-0.85%
Highest price drop-74.74%-56.47%
Date of highest drop22 Sep 20119 Mar 2009
Avg drop from high-28.90%-11.35%
Avg time to new high34 days13 days
Max time to new high4313 days1805 days

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COMPANY DETAILS
ASB (Associated Banc-Corp) company logo
Marketcap
3.23B
Marketcap category
Mid-cap
Description
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services such as interest rate risk management, foreign exchange solutions, and commodity hedging; fiduciary services such as administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; and investable funds solutions such as savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers lending solutions, such as residential mortgages, home equity loans and lines of credit, personal and installment loans, auto loans, business loans, and business lines of credit; and deposit and transactional solutions such as checking, credit, debit and pre-paid cards, online banking and bill pay; and money transfer services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Employees
4200
Investor relations
SEC filings
CEO
Philip Flynn
Country
USA
City
Green Bay
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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