Valuation dashboard for Associated Banc-Corp (ASBA) with P/E 8.48, P/B 0.87, EV/EBITDA 2.04 and dividend yield 6.73%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.
Operating as a bank holding company, Associated Banc-Corp delivers a diverse array of financial and non-financial solutions, catering to individual and commercial clients across Wisconsin, Illinois, and Minnesota. Its operations are structured into three main divisions: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services.
Analysis Summary
Associated Banc-Corp reported revenue of $2.46B in the most recent fiscal year, growing at a 5-year CAGR of 17.0%. Net income reached $474.8M, with a 10.6% 5-year CAGR.
Trailing-twelve-month margins: gross margin 61.7%, operating margin 25.1%, net margin 19.9%.
At $24.60 (intraday price, October 28, 2026), ASBA trades at a P/E of 8.48 and an ROE of 10.38%. Market capitalisation stands at $4.1B.
Balance sheet quality for ASBA: current ratio of 0.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 8.48 |
| Price / Book | 0.87 |
| EV / EBITDA | 2.04 |
| Dividend Yield | 6.73% |
Valuation Models
| DCF Fair Value | $163.97 |
| vs Current Price | +566.6% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| ASBA | Associated Banc-Corp | $4.1B | 8.48 | 0.87 | 10.4% |
| CADE | Cadence Bank | $7.8B | 19.68 | 1.28 | 6.8% |
| IBOC | International Bancshares Corporation | $4.1B | 9.96 | 1.22 | 12.7% |
| TCBI | Texas Capital Bancshares, Inc. | $3.9B | 11.74 | 1.11 | 10.1% |
| BANF | BancFirst Corporation | $3.7B | 14.70 | 0.60 | 8.6% |
| MTB | M&T Bank Corporation | $31.8B | 11.48 | 1.13 | 10.7% |
| WBS | Webster Financial Corporation | $12.6B | 12.61 | 1.27 | 10.7% |
| SFBS | ServisFirst Bancshares, Inc. | $4.4B | 12.69 | 2.14 | 17.6% |
Price
| Price | $24.60 (intraday price, October 28, 2026) |
| Market Cap | $4.1B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 10.38% |
| Return on Invested Capital | 6.03% |
| Return on Assets | 1.03% |
| Gross Margin | 61.67% |
| Operating Margin | 25.07% |
| Net Margin | 19.87% |
Related companies: IBOC · TCBI · BANF · MTB · SFBS · UCB
Explore sector: Financial Services · Banks - Regional
More sections of ASBA: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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