ASSOCIATED BANC-CORP (ASB)
US0454871056 - Common Stock
Taking everything into account, ASB scores 3 out of 10 in our fundamental rating. ASB was compared to 406 industry peers in the Banks industry. ASB has a bad profitability rating. Also its financial health evaluation is rather negative. ASB has a valuation in line with the averages, but it does not seem to be growing. Finally ASB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ASB was profitable.
In the past year ASB had a positive cash flow from operations.
Each year in the past 5 years ASB has been profitable.
ASB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.43%, ASB is not doing good in the industry: 76.24% of the companies in the same industry are doing better.
The Return On Equity of ASB (4.11%) is worse than 79.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.43% | ||
| ROE | 4.11% | ||
| ROIC | N/A |
ROA(3y)0.75%
ROA(5y)0.81%
ROE(3y)7.03%
ROE(5y)7.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of ASB (16.55%) is worse than 70.30% of its industry peers.
ASB's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for ASB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 16.55% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.67%
PM growth 5Y-9.88%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ASB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ASB has been increased compared to 1 year ago.
Compared to 5 years ago, ASB has less shares outstanding
The debt/assets ratio for ASB has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of ASB is 4.54, which is a neutral value as it means it would take ASB, 4.54 years of fcf income to pay off all of its debts.
ASB has a Debt to FCF ratio of 4.54. This is in the lower half of the industry: ASB underperforms 61.39% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that ASB is not too dependend on debt financing.
ASB has a worse Debt to Equity ratio (0.40) than 72.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.89%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ASB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.08%.
The Earnings Per Share has been growing slightly by 2.45% on average over the past years.
Looking at the last year, ASB shows a very negative growth in Revenue. The Revenue has decreased by -17.60% in the last year.
ASB shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.24% yearly.
EPS 1Y (TTM)-4.08%
EPS 3Y24.55%
EPS 5Y2.45%
EPS Q2Q%5.66%
Revenue 1Y (TTM)-17.6%
Revenue growth 3Y-4.77%
Revenue growth 5Y-2.24%
Sales Q2Q%2.78%
3.2 Future
ASB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.41% yearly.
The Revenue is expected to grow by 6.76% on average over the next years.
EPS Next Y1.78%
EPS Next 2Y2.63%
EPS Next 3Y6.41%
EPS Next 5YN/A
Revenue Next Year-2.29%
Revenue Next 2Y7.15%
Revenue Next 3Y6.76%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.21 indicates a reasonable valuation of ASB.
ASB's Price/Earnings ratio is rather cheap when compared to the industry. ASB is cheaper than 82.43% of the companies in the same industry.
When comparing the Price/Earnings ratio of ASB to the average of the S&P500 Index (27.73), we can say ASB is valued rather cheaply.
The Price/Forward Earnings ratio is 9.99, which indicates a very decent valuation of ASB.
ASB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ASB is cheaper than 75.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASB to the average of the S&P500 Index (22.83), we can say ASB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.21 | ||
| Fwd PE | 9.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASB indicates a somewhat cheap valuation: ASB is cheaper than 68.32% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.21 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASB does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.75
PEG (5Y)4.16
EPS Next 2Y2.63%
EPS Next 3Y6.41%
5. Dividend
5.1 Amount
ASB has a Yearly Dividend Yield of 3.88%.
Compared to an average industry Dividend Yield of 3.15, ASB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, ASB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.88% |
5.2 History
The dividend of ASB has a limited annual growth rate of 5.01%.
ASB has paid a dividend for at least 10 years, which is a reliable track record.
ASB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.01%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
80.26% of the earnings are spent on dividend by ASB. This is not a sustainable payout ratio.
ASB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP80.26%
EPS Next 2Y2.63%
EPS Next 3Y6.41%
ASSOCIATED BANC-CORP
NYSE:ASB (12/20/2024, 8:04:00 PM)
After market: 23.99 0 (0%)23.99
+0.29 (+1.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners86.68%
Inst Owner Change0.07%
Ins Owners0.87%
Ins Owner Change-1.52%
Market Cap3.96B
Analysts67.69
Price Target27.09 (12.92%)
Short Float %2.03%
Short Ratio1.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.88% |
Dividend Growth(5Y)5.01%
DP80.26%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)25.98%
Min EPS beat(2)11.39%
Max EPS beat(2)40.57%
EPS beat(4)4
Avg EPS beat(4)14.48%
Min EPS beat(4)1.17%
Max EPS beat(4)40.57%
EPS beat(8)7
Avg EPS beat(8)7.47%
EPS beat(12)11
Avg EPS beat(12)10.83%
EPS beat(16)15
Avg EPS beat(16)14.43%
Revenue beat(2)0
Avg Revenue beat(2)-2.83%
Min Revenue beat(2)-3.72%
Max Revenue beat(2)-1.95%
Revenue beat(4)1
Avg Revenue beat(4)7.74%
Min Revenue beat(4)-3.72%
Max Revenue beat(4)38.28%
Revenue beat(8)1
Avg Revenue beat(8)2.61%
Revenue beat(12)4
Avg Revenue beat(12)2.16%
Revenue beat(16)5
Avg Revenue beat(16)1.5%
PT rev (1m)10.14%
PT rev (3m)10.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.49%
EPS NY rev (1m)-2.19%
EPS NY rev (3m)1.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.94%
Revenue NY rev (1m)-6.7%
Revenue NY rev (3m)-7.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.21 | ||
| Fwd PE | 9.99 | ||
| P/S | 3.61 | ||
| P/FCF | 10.21 | ||
| P/OCF | 9.04 | ||
| P/B | 0.9 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.35
EY9.8%
EPS(NY)2.4
Fwd EY10.01%
FCF(TTM)2.35
FCFY9.8%
OCF(TTM)2.65
OCFY11.06%
SpS6.65
BVpS26.75
TBVpS19.35
PEG (NY)5.75
PEG (5Y)4.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.43% | ||
| ROE | 4.11% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 16.55% | ||
| GM | N/A | ||
| FCFM | 35.36% |
ROA(3y)0.75%
ROA(5y)0.81%
ROE(3y)7.03%
ROE(5y)7.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.67%
PM growth 5Y-9.88%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.54 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 86.95% | ||
| Cap/Sales | 4.56% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 213.62% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC13.89%
ROIC/WACCN/A
Cap/Depr(3y)99.01%
Cap/Depr(5y)89.28%
Cap/Sales(3y)5.2%
Cap/Sales(5y)5.09%
Profit Quality(3y)196.65%
Profit Quality(5y)185.33%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.08%
EPS 3Y24.55%
EPS 5Y2.45%
EPS Q2Q%5.66%
EPS Next Y1.78%
EPS Next 2Y2.63%
EPS Next 3Y6.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.6%
Revenue growth 3Y-4.77%
Revenue growth 5Y-2.24%
Sales Q2Q%2.78%
Revenue Next Year-2.29%
Revenue Next 2Y7.15%
Revenue Next 3Y6.76%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-52.97%
FCF growth 3Y-8.38%
FCF growth 5Y-2.43%
OCF growth 1Y-50.69%
OCF growth 3Y-6.98%
OCF growth 5Y-2.27%