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Associated Banc-Corp

ASBA
Exchange
NYSE
Industry
State Commercial Banks
SEC CIK
0000007789

In the last 90 days, Associated Banc-Corp insiders filed 0 open-market purchases and 3 sales; 1 institution reported holding it in 13F filings for Q2 2026, worth $72.9K in total; no superinvestor holds it.

Other share classesASBASB.PEASB.PF

Currency
USD
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 28, 2026, 12:32 PM ET

Revenue flow, FY2025

Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of Associated Banc-Corp, annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing10-K10-K10-K10-K10-K
ReportedJan 22, 2026Jan 23, 2025Jan 25, 2024Jan 26, 2023Jan 20, 2022
Revenue$2.17B$2.12B$1.10B$1.24B$1.06B
Interest expense$971.6M$1.08B$918.5M$187.9M$72.3M
Income tax$103.1M$11.3M$23.1M$93.5M$85.3M
Net income$474.8M$123.1M$183.0M$366.1M$351.0M
EPS, basic$2.79$0.73$1.14$2.36$2.20
EPS, diluted$2.77$0.72$1.13$2.34$2.18
Weighted shares, basic165.1M151.9M150.0M149.2M150.8M
Weighted shares, diluted166.6M153.3M150.9M150.5M152.0M
Margins and growth
Net margin21.9%5.8%16.6%29.5%33.2%
Revenue growth, year over year+2.4%+92.5%−11.0%+17.1%−17.1%
Net income growth, year over year+285.5%−32.7%−50.0%+4.3%+14.4%

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of Associated Banc-Corp, annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing10-K10-K10-K10-K10-K
ReportedJan 22, 2026Jan 23, 2025Jan 25, 2024Jan 26, 2023Jan 20, 2022
Property, plant and equipment$381.6M$379.1M$373.0M$376.9M$385.2M
Goodwill$1.10B$1.10B$1.10B$1.10B$1.10B
Intangible assets$22.8M$31.7M$40.5M$49.3M$58.1M
Total assets$45.2B$43.0B$41.0B$39.4B$35.1B
Short-term debt$307.9M–$326.8M$605.9M$354.3M
Long-term debt$1.01B$1.44B$1.74B$1.44B$1.87B
Total liabilities$40.2B$38.4B$36.8B$35.4B$31.1B
Shareholders' equity$4.98B$4.61B$4.17B$4.02B$4.02B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of Associated Banc-Corp, annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing10-K10-K10-K10-K10-K
ReportedJan 22, 2026Jan 23, 2025Jan 25, 2024Jan 26, 2023Jan 20, 2022
Operating cash flow$615.7M$580.2M$442.7M$846.6M$529.6M
Dividends paid$155.8M$139.2M$129.5M$123.1M$116.1M
Investing cash flow-$1.62B-$2.22B-$1.44B-$5.25B-$1.58B
Financing cash flow$1.71B$1.73B$1.30B$4.00B$1.36B
Net change in cash$700.6M––––

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for Associated Banc-Corp by cover date
Cover dateShares outstandingChange in a yearFiling
Oct 23, 2026185.7M+11.9%SEC
Jul 31, 2026188.8M+13.9%SEC
Apr 24, 2026165.9M+0.1%SEC
Jan 30, 2026166.0M−0.2%SEC
Oct 24, 2025165.9M+9.7%SEC
Jul 25, 2025165.8M+9.9%SEC
Apr 25, 2025165.8M+10.0%SEC
Jan 31, 2025166.2M+10.0%SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.