Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, ...
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$0.95 per share
Est. EPS $0.76 · Revenue $463.52M · 6 analysts
Est. EPS $0.78 · Revenue $470.32M · 6 analysts
Est. EPS $2.96 · Revenue $1.77B · 7 analysts
$0.95 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $2.5B | +16.8% | +16.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $474.8M | +285.5% | +3.3% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +58.3% | +29.9% | -0.6% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +23.5% | +267.9% | -10.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +19.3% | +230.0% | -11.4% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $579.3M | +8.2% | +53.1% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +23.6% | -7.4% | +31.4% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 83.8% | +22.1% | +14.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.30x | +90.5% | -91.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $45.2B | +5.1% | +13.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.77 vs 2.70 | +2.7% | 0.63 vs 0.76 | -17.1% |
| Revenue Surprise | $2.5B vs $1.5B | +64.7% | $703.7M vs $463.5M | +51.8% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 17, 2026 | ZANDPOUR STEVEN S. | officer: EVP | Common Stock $0.01 Par Value | A | 75 | $32.21 |
| Aug 17, 2026 | Williams Terry Lynn | officer: Chief Information Officer | Common Stock $0.01 Par Value | A | 71 | $32.21 |
| Aug 17, 2026 | Utz John A. | officer: Executive Vice President | Common Stock $0.01 Par Value | A | 42 | $32.21 |
| Aug 17, 2026 | Manso Julio | officer: EVP, CHRO | Common Stock $0.01 Par Value | A | 13 | $32.21 |
| Aug 17, 2026 | Kitowski Nicole M | officer: Executive Vice President | Common Stock $0.01 Par Value | A | 23 | $32.21 |
Operator : Greetings, and welcome to the Associated Banc-Corp's Second Quarter 2026 Earnings Conference Call. My name is Alicia, and I will be your operator today. We will be conducting a question-and-answer session at the end of the conference. Copies of the slides will be referenced during today's call are available on the company's website at investor.associatedbank.com. As a reminder, this conference is being recorded. As outlined on Slide 2, during the course of the discussion today, management may make statements that constitute projections, expectations, beliefs or similar forward-looking statements. Associated actual results may differ materially from the results anticipated or projected in such forward-looking statements. Additional detailed information concerning the important factors that could cause associated actual results to differ materially from the information discussed today is readily available on the SEC website in the Risk Factors section of Associated's most recent Form 10-K and subsequent SEC filings. These factors are incorporated herein by reference. For a reconciliation of the non-GAAP financial measures to the GAAP financial measures mentioned in this conference call, please refer to Pages 28 through 31 on the slide presentation and to Pages 10 and 11 of the press release financial tables. Following today's presentation, instructions will be given for the question-and-answer session. At this time, I would like to turn the conference over to Andy Harmening, President and CEO, for opening remarks. Please go ahead, sir. Andrew Harmening : Thank you, and good afternoon. Welcome to our second quarter earnings call. I'm Andy Harmening. And as usual, I'm joined by Derek Meyer, our CFO; and Pat Ahern, our Chief Credit Officer. I'll start with some highlights from the quarter. And from there, Derek will cover income statement and capital trends, and Pat will provide a credit update. Midway through 2026, delivering sustainable, profitable organic growth continues to be the primary focus for our company, and we've maintained momentum in several important ways. We are driving relationship growth and particularly in commercial. Back in January, we set a target of 9% to 10% organic C&I loan growth for the year, and we've already hit that target as of June 30, thanks to the addition of over $600 million in balances during the second quarter. We're also driving relationship deposit growth. Through the first half of 2026, our organic customer household growth has held above 2% on an annualized basis, trending ahead of the 2% target we set for ourselves at the beginning of the year. From June 30 of 2025 to June 30 of 2026, organic core customer deposits were up 6%, which is the strongest June to June growth we've seen in the last 5 years. As we look to the back half of 2026 and into 2027, we are well positioned to maintain our growth trajectory, thanks to steady execution against our organic initiatives and the ongoing integration …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Andrew J. Harmening | President, Chief Executive Officer & Director | USD 3,548,725 | Male | 1969 | Active |
Derek S. Meyer | Executive Vice President & Chief Financial Officer | USD 1,269,089 | Male | 1968 | Active |
John Anthony Utz | Executive VP and Head of Specialized Industries & Milwaukee Market President | USD 1,023,597 | Male | 1968 | Active |
Randall J. Erickson | Executive Vice President, General Counsel & Corporate Secretary | USD 1,003,787 | Male | 1959 | Active |
Julio Manso | Executive Vice President & Chief Human Resources Officer | USD 809,376 | Male | 1968 | Active |
Anthony Philip Pecora | Senior Vice President, Director of Compliance & Associated Investment Services | — | Male | — | Active |
Bryan Carson | Executive VP and Chief Product & Marketing Officer | — | Male | 1971 | Active |
Ben McCarville | Senior VP & Director of Investor Relations | — | Male | — | Active |
Ryan Beld | Corporate Controller & Chief Accounting Officer | — | Male | 1990 | Active |
Terry L. Williams | Executive Vice President & Chief Information Officer | — | Male | 1960 | Active |
GREEN BAY, Wis., Sept. 2, 2026 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors at the 24th Annual Barclays Global Financial Services Conference in New York, NY on September 14-16, 2026.
Kelley succeeds Randall J. Erickson who is retiring in a planned leadership succession GREEN BAY, Wis.
Canada Pension Plan Investment Board acquired a new stake in Associated Banc-Corp (NYSE: ASB) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 43,600 shares of the bank's stock, valued at approximately $1,342,000. A number of other institutional investors and
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Associated Banc-Corp (ASB) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Associated Banc-Corp (ASB) have what it takes?
