ASSOCIATED BANC-CORP (ASB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASB - US0454871056 - Common Stock
26.54 USD
-0.16 (-0.6%)
26.54 USD
0 (0%)
Overall ASB gets a fundamental rating of 4 out of 10. We evaluated ASB against 383 industry peers in the Banks industry. ASB may be in some trouble as it scores bad on both profitability and health. ASB may be a bit undervalued, certainly considering the very reasonable score on growth
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.
- ASB had positive earnings in each of the past 5 years.
- ASB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.37%, ASB is doing worse than 84.07% of the companies in the same industry.
- ASB's Return On Equity of 3.36% is on the low side compared to the rest of the industry. ASB is outperformed by 83.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 3.36% | ||
| ROIC | N/A |
ROA(3y)0.52%
ROA(5y)0.67%
ROE(3y)5.09%
ROE(5y)6.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a Profit Margin value of 14.09%, ASB is not doing good in the industry: 78.33% of the companies in the same industry are doing better.
- ASB's Profit Margin has declined in the last couple of years.
- ASB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 14.09% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.12%
PM growth 5Y-15.92%
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.
- ASB has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ASB has more shares outstanding
- The debt/assets ratio for ASB is higher compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of ASB is 1.77, which is an excellent value as it means it would take ASB, only 1.77 years of fcf income to pay off all of its debts.
- ASB has a Debt to FCF ratio (1.77) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.20 indicates that ASB is not too dependend on debt financing.
- ASB has a Debt to Equity ratio (0.20) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.77 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.86%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 9.79% over the past year.
- Measured over the past 5 years, ASB shows a small growth in Earnings Per Share. The EPS has been growing by 3.84% on average per year.
- ASB shows a small growth in Revenue. In the last year, the Revenue has grown by 5.93%.
- The Revenue has been decreasing by -3.13% on average over the past years.
EPS 1Y (TTM)9.79%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%30.36%
Revenue 1Y (TTM)5.93%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%17.21%
3.2 Future
- The Earnings Per Share is expected to grow by 10.26% on average over the next years. This is quite good.
- Based on estimates for the next years, ASB will show a quite strong growth in Revenue. The Revenue will grow by 13.09% on average per year.
EPS Next Y13.46%
EPS Next 2Y8.77%
EPS Next 3Y10.26%
EPS Next 5YN/A
Revenue Next Year21.27%
Revenue Next 2Y15.83%
Revenue Next 3Y13.09%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 10.29, which indicates a very decent valuation of ASB.
- Based on the Price/Earnings ratio, ASB is valued cheaply inside the industry as 80.68% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of ASB to the average of the S&P500 Index (27.38), we can say ASB is valued rather cheaply.
- A Price/Forward Earnings ratio of 9.39 indicates a reasonable valuation of ASB.
- ASB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ASB is cheaper than 71.28% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, ASB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.29 | ||
| Fwd PE | 9.39 |
4.2 Price Multiples
- ASB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASB is cheaper than 80.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.82 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.76
PEG (5Y)2.68
EPS Next 2Y8.77%
EPS Next 3Y10.26%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.60%, ASB has a reasonable but not impressive dividend return.
- ASB's Dividend Yield is a higher than the industry average which is at 2.87.
- Compared to an average S&P500 Dividend Yield of 1.85, ASB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
5.2 History
- The dividend of ASB has a limited annual growth rate of 3.73%.
- 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)3.73%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
- 101.18% 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.
DP101.18%
EPS Next 2Y8.77%
EPS Next 3Y10.26%
26.54
-0.16 (-0.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)10-23 2025-10-23/amc
Earnings (Next)01-22 2026-01-22/amc
Inst Owners87.31%
Inst Owner Change0.21%
Ins Owners0.77%
Ins Owner Change-0.59%
Market Cap4.40B
Revenue(TTM)1.16B
Net Income(TTM)163.70M
Analysts68.57
Price Target29.99 (13%)
Short Float %2.46%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
Yearly Dividend0.95
Dividend Growth(5Y)3.73%
DP101.18%
Div Incr Years13
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.47%
Min EPS beat(2)4.04%
Max EPS beat(2)6.9%
EPS beat(4)4
Avg EPS beat(4)6.11%
Min EPS beat(4)4.04%
Max EPS beat(4)8.15%
EPS beat(8)8
Avg EPS beat(8)10.29%
EPS beat(12)11
Avg EPS beat(12)7.02%
EPS beat(16)15
Avg EPS beat(16)9.65%
Revenue beat(2)2
Avg Revenue beat(2)0.83%
Min Revenue beat(2)0.23%
Max Revenue beat(2)1.43%
Revenue beat(4)3
Avg Revenue beat(4)8.86%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)35.66%
Revenue beat(8)4
Avg Revenue beat(8)8.3%
Revenue beat(12)4
Avg Revenue beat(12)4.7%
Revenue beat(16)7
Avg Revenue beat(16)3.84%
PT rev (1m)0.68%
PT rev (3m)2.8%
EPS NQ rev (1m)1.15%
EPS NQ rev (3m)2.8%
EPS NY rev (1m)-0.15%
EPS NY rev (3m)2.42%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)0.36%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.29 | ||
| Fwd PE | 9.39 | ||
| P/S | 3.79 | ||
| P/FCF | 7.82 | ||
| P/OCF | 7.28 | ||
| P/B | 0.9 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.58
EY9.72%
EPS(NY)2.83
Fwd EY10.65%
FCF(TTM)3.39
FCFY12.78%
OCF(TTM)3.64
OCFY13.73%
SpS7
BVpS29.34
TBVpS22.02
PEG (NY)0.76
PEG (5Y)2.68
Graham Number41.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 3.36% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 14.09% | ||
| GM | N/A | ||
| FCFM | 48.45% |
ROA(3y)0.52%
ROA(5y)0.67%
ROE(3y)5.09%
ROE(5y)6.1%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.12%
PM growth 5Y-15.92%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.77 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 70.74% | ||
| Cap/Sales | 3.6% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 343.83% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC18.86%
ROIC/WACCN/A
Cap/Depr(3y)101.71%
Cap/Depr(5y)88.11%
Cap/Sales(3y)5%
Cap/Sales(5y)4.84%
Profit Quality(3y)309.46%
Profit Quality(5y)249.06%
High Growth Momentum
Growth
EPS 1Y (TTM)9.79%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%30.36%
EPS Next Y13.46%
EPS Next 2Y8.77%
EPS Next 3Y10.26%
EPS Next 5YN/A
Revenue 1Y (TTM)5.93%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%17.21%
Revenue Next Year21.27%
Revenue Next 2Y15.83%
Revenue Next 3Y13.09%
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 1Y27.46%
FCF growth 3Y3.89%
FCF growth 5Y1.1%
OCF growth 1Y20.37%
OCF growth 3Y3.09%
OCF growth 5Y0.21%
ASSOCIATED BANC-CORP / ASB FAQ
What is the ChartMill fundamental rating of ASSOCIATED BANC-CORP (ASB) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ASB.
What is the valuation status for ASB stock?
ChartMill assigns a valuation rating of 7 / 10 to ASSOCIATED BANC-CORP (ASB). This can be considered as Undervalued.
How profitable is ASSOCIATED BANC-CORP (ASB) stock?
ASSOCIATED BANC-CORP (ASB) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for ASB stock?
The Price/Earnings (PE) ratio for ASSOCIATED BANC-CORP (ASB) is 10.29 and the Price/Book (PB) ratio is 0.9.
How sustainable is the dividend of ASSOCIATED BANC-CORP (ASB) stock?
The dividend rating of ASSOCIATED BANC-CORP (ASB) is 6 / 10 and the dividend payout ratio is 101.18%.