ASBA
ASSOCIATED BANC-CORP
Next earnings Jul 23, 2026 · consensus $0.69 EPS, $442M rev
$24.47
▲ +0.87%$24.47▲ +8.82%
over 1Y
L $22.00EODHDH $24.94
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.9%
1W+0.2%
1M-0.9%
3M+1.5%
YTD+1.9%
1Y+8.8%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 13 analysts
Buy
Strong net margin (43.1%); but revenue fell -11.0% YoY.
Revenue (FY2023) $1.10B · FY2023
The read
Middling fundamentals offset by an attractive price (~330% below fair value) — worth a look on the value angle.
ASSOCIATED BANC-CORP shows $1.10B in FY2023 revenue (-11.0% YoY), a 43.1% net margin, and 9.5% ROE.
Supporting the case: strong net margin (43.1%); undemanding valuation (P/E 8.8).
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.06B | $1.24B | $1.10B | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $351M | $366M | $183M | $123M | $475M |
| Diluted EPS | $2.18 | $2.34 | $1.13 | $0.72 | $2.77 |
| Net margin | 33.2% | 29.5% | 16.6% | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)0.03
Earnings yield11.7%
FCF yield—
Quality & risk
ROIC (est.)—
Free cash flow—
Total debt$1.31B
Net cash$405M
Piotroski F-Score6/7
Capital returns
Buyback yield0.0%
Dividend yield (est.)3.8%
Shareholder yield3.8%
Shares Δ YoY-0.2%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗11-KPeriod ending 2025-12-312026-06-18open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗
Frequently asked
- Is ASSOCIATED BANC-CORP (ASBA) a buy?
- ASBA currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Strong net margin (43.1%); but revenue fell -11.0% YoY.
- What is ASBA's fair value?
- A Modified-Graham model based on ASBA's SEC fundamentals estimates a fair value of about $105.26. It is an estimate from reported earnings, not a price target.
- Is ASBA overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, ASBA currently appears undervalued relative to its SEC-grounded earnings power.
- What is ASSOCIATED BANC-CORP's quality score?
- ASBA scores 75.43342177512854/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000007789, latest 10-Q filed 2026-04-28) · EODHD · as of 7/3/2026, 6:23:31 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.