US · USD

ASB

Associated Banc-Corp

$28.41-1.70% (-$0.49)
Day's range
$28.16 – $28.66
Day's volume
$49.4M
52-week range
$23.28 – $32.08

Follow ASB in the Fuolio

See how ASB weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

ASB in numbers

Market cap
$5.4B
P/E
10.62
P/B
0.95
Dividend yield (12m)
3.38%

The 12-month dividend yield of ASB is 3.38%, below its 5-year average of 3.64%.

ASB price history

10/08/202510/07/2026
Compare with

ASB risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+11.90%+77.35%+56.20%
Volatility (annualized)17.63%21.89%27.80%
Largest drawdown-7.27%-15.85%-38.42%
Positive months5/1218/3631/60

How much did investing in ASB return?

$1,000.00 invested on 11/01/2021 would be worth $1,561.96 today.

Value today in ASB
$1,561.96
Return over the period
+56.20%
Return per year
+9.47%
In the S&P 500
$1,708.29

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

ASB fundamentals

Valuation

  • P/E10.62
  • P/B0.95
  • EV/EBITDA—
  • EV/EBIT—
  • EV/Revenue—
  • P/EBIT—
  • P/S—
  • P/OCF7.46
  • P/FCF—
  • Earnings yield—
  • PEG ratio—
  • Earnings per share$2.67
  • Book value per share$29.86

Debt

  • Net debt$1.1B
  • Net debt/EBITDA—
  • Net debt/Equity0.20
  • Debt/Equity0.20
  • Current ratio—
  • Quick ratio—
  • Cash ratio—

Profitability

  • ROE8.96%
  • ROA0.97%
  • ROIC—
  • Payout35.90%

Growth

  • Revenue CAGR (5 years)—
  • Earnings CAGR (5 years)11.16%
  • Revenue growth (year)—
  • Earnings growth (year)—
  • Revenue growth (quarter)—
  • Earnings growth (quarter)—

What is ASB's fair price?

Two classic value formulas, with today's numbers. The current price is $28.41.

Graham's fair price
$42.39
49.19% above the price

√(22.50 × $2.67 × $29.86)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$14.13
50.25% below the price

$0.85 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

ASB's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E9.0132.2617.669.499.638.4910.559.75
P/B0.860.860.770.870.840.640.880.86
Dividend yield3.61%3.72%3.97%3.51%3.36%4.22%3.13%3.13%
Earnings per share$2.86$0.74$1.21$2.43$2.35$2.01$2.09$2.03
Book value per share$29.98$27.70$27.63$26.67$26.90$26.77$25.07$23.01
ROE9.54%2.67%4.38%9.12%8.72%7.50%8.33%8.82%
Net margin——16.59%29.53%33.17%24.02%26.86%27.01%

ASB's financial statements

Line202520242023202220212020
Net revenue——$1.1B$1.2B$1.1B$1.3B
Cost of revenue——————
Gross profit——————
EBITDA——————
EBIT——————
Financial result——————
Income before tax$577.9M$134.5M$206.1M$459.6M$436.3M$327M
Income tax-$103.1M-$11.3M-$23.1M-$93.5M-$85.3M-$20.2M
Net income$474.8M$123.1M$183M$366.1M$351M$306.8M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does ASB pay dividends?

Dividend yield per year

  • 1.97%2017
  • 3.13%2018
  • 3.13%2019
  • 4.22%2020
  • 3.36%2021
  • 3.51%2022
  • 3.97%2023
  • 3.72%2024
  • 3.61%2025
  • 2.53%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/31/202609/15/2026$0.24
Dividend05/29/202606/15/2026$0.24
Dividend02/27/202603/16/2026$0.24
Dividend11/28/202512/15/2025$0.24
Dividend09/01/202509/15/2025$0.23
Dividend05/30/202506/16/2025$0.23
Dividend02/28/202503/17/2025$0.23
Dividend11/29/202412/16/2024$0.23
Dividend09/02/202409/16/2024$0.22
Dividend05/31/202406/17/2024$0.22
Dividend02/28/202403/15/2024$0.22
Dividend11/29/202312/15/2023$0.22
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/30/202309/15/2023$0.21
Dividend05/30/202306/15/2023$0.21
Dividend02/27/202303/15/2023$0.21
Dividend11/29/202212/15/2022$0.21
Dividend08/30/202209/15/2022$0.20
Dividend05/30/202206/15/2022$0.20
Dividend02/25/202203/15/2022$0.20
Dividend11/29/202112/15/2021$0.20
Dividend08/30/202109/15/2021$0.20
Dividend05/27/202106/15/2021$0.18
Dividend02/25/202103/15/2021$0.18
Dividend11/27/202012/15/2020$0.18
Dividend08/28/202009/15/2020$0.18
Dividend05/28/202006/15/2020$0.18
Dividend02/27/202003/16/2020$0.18
Dividend11/28/201912/16/2019$0.18
Dividend08/29/201909/16/2019$0.17
Dividend05/30/201906/17/2019$0.17
Dividend02/27/201903/15/2019$0.17
Dividend11/29/201812/17/2018$0.17
Dividend08/30/201809/17/2018$0.15
Dividend05/30/201806/15/2018$0.15
Dividend02/27/201803/15/2018$0.15
Dividend11/29/201712/15/2017$0.14
Dividend08/29/201709/15/2017$0.12
Dividend05/29/201706/15/2017$0.12
Dividend02/24/201703/15/2017$0.12
Dividend11/28/201612/15/2016$0.12

About Associated Banc-Corp

Sector
Finance, insurance and real estate

Questions about ASB

How much is ASB today?

ASB is at $28.41 (-1.70% on the day), last traded on 10/07/2026.

How much did ASB pay in dividends in 2025?

ASB paid $0.93 per share in 2025, a dividend yield of 3.61%.

What are the P/E and P/B of ASB?

ASB trades at a P/E of 10.62 and a P/B of 0.95.

How much did ASB return in 12 months?

ASB returned 11.90% in 12 months, with annualized volatility of 17.63% and a largest drawdown of -7.27%.