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Associated Banc-Corp (ASB)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US0454871056
CUSIP
045487105
IPO Date
Sep 7, 1984

Highlights

EPS (TTM)
$1.06
PE Ratio
24.46
Total Revenue (TTM)
$2.15B
Gross Profit (TTM)
$1.09B
EBITDA (TTM)
$340.84M
Year Range
$18.32 - $29.52
Target Price
$29.20
ROA (TTM)
0.39%
ROE (TTM)
3.54%

Share Price Chart


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Associated Banc-Corp

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Associated Banc-Corp, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Associated Banc-Corp (ASB) has returned 1.31% so far this year and 19.09% over the past 12 months. Over the last ten years, ASB has returned 7.58% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Associated Banc-Corp

1D
3.61%
1M
-1.18%
YTD
1.31%
6M
2.44%
1Y
19.09%
3Y*
17.64%
5Y*
7.76%
10Y*
7.58%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 7, 1984, ASB's average daily return is +0.06%, while the average monthly return is +0.92%. At this rate, your investment would double in approximately 6.3 years.

Historically, 55% of months were positive and 45% were negative. The best month was Dec 1984 with a return of +26.5%, while the worst month was Jun 2008 at -29.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, ASB closed higher 46% of trading days. The best single day was Oct 21, 1987 with a return of +22.0%, while the worst single day was Dec 1, 2008 at -17.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.82%-3.12%-1.18%1.31%
20255.19%-1.15%-8.49%-2.09%5.03%6.32%1.44%9.01%-3.85%-3.66%6.14%-1.11%11.85%
2024-1.78%0.26%3.21%-2.05%1.66%-0.24%8.65%-0.44%-4.94%10.21%12.43%-9.67%16.22%
2023-2.94%4.23%-22.33%-0.83%-15.79%9.59%16.76%-7.41%-1.27%-5.26%10.81%20.57%-2.86%
20225.80%2.88%-6.68%-12.35%4.76%-11.79%10.08%0.69%0.20%21.26%1.90%-6.14%5.98%
20215.22%13.31%5.91%2.58%5.85%-10.92%-3.32%5.17%3.88%4.01%-0.83%3.15%37.25%

Benchmark Metrics

Associated Banc-Corp has an annualized alpha of 4.20%, beta of 0.93, and R² of 0.23 versus S&P 500 Index. Calculated based on daily prices since September 10, 1984.

  • This stock participated in 77.42% of S&P 500 Index downside but only 74.81% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.23 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.20%
Beta
0.93
0.23
Upside Capture
74.81%
Downside Capture
77.42%

Return for Risk

Risk / Return Rank

ASB ranks 61 for risk / return — better than 61% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


ASB Risk / Return Rank: 6161
Overall Rank
ASB Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
ASB Sortino Ratio Rank: 5555
Sortino Ratio Rank
ASB Omega Ratio Rank: 5656
Omega Ratio Rank
ASB Calmar Ratio Rank: 6666
Calmar Ratio Rank
ASB Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Associated Banc-Corp (ASB) and compare them to a chosen benchmark (S&P 500 Index).


ASBBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.60

0.90

-0.29

Sortino ratio

Return per unit of downside risk

0.99

1.39

-0.39

Omega ratio

Gain probability vs. loss probability

1.14

1.21

-0.07

Calmar ratio

Return relative to maximum drawdown

1.21

1.40

-0.19

Martin ratio

Return relative to average drawdown

3.21

6.61

-3.40

Explore ASB risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Associated Banc-Corp provided a 3.63% dividend yield over the last twelve months, with an annual payout of $0.94 per share. The company has been increasing its dividends for 15 consecutive years.


2.00%2.50%3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.94$0.93$0.89$0.85$0.81$0.76$0.72$0.69$0.62$0.50$0.45$0.41

Dividend yield

3.63%3.61%3.72%3.97%3.51%3.36%4.22%3.13%3.13%1.97%1.82%2.19%

Monthly Dividends

The table displays the monthly dividend distributions for Associated Banc-Corp. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.24$0.24
2025$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.24$0.93
2024$0.00$0.22$0.00$0.00$0.00$0.22$0.00$0.00$0.22$0.00$0.00$0.23$0.89
2023$0.00$0.21$0.00$0.00$0.21$0.00$0.00$0.21$0.00$0.00$0.22$0.00$0.85
2022$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.21$0.00$0.81
2021$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.76

Dividend Yield & Payout


Dividend Yield

Associated Banc-Corp has a dividend yield of 3.63%, which is quite average when compared to the overall market.

Payout Ratio

Associated Banc-Corp has a payout ratio of 94.09%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Associated Banc-Corp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Associated Banc-Corp was 71.39%, occurring on Sep 22, 2011. Recovery took 1675 trading sessions.

The current Associated Banc-Corp drawdown is 11.14%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-71.39%Feb 22, 20071157Sep 22, 20111675May 21, 20182832
-60.22%Jun 11, 2018449Mar 23, 2020459Jan 14, 2022908
-49.77%Dec 17, 1997640Jun 30, 2000453Apr 25, 20021093
-41.36%Nov 11, 2022127May 16, 2023292Jul 16, 2024419
-38.54%Jun 26, 1986334Oct 20, 1987483Sep 18, 1989817

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Associated Banc-Corp over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Associated Banc-Corp is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for ASB, comparing it with other companies in the Banks - Regional industry. Currently, ASB has a P/E ratio of 24.5. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for ASB relative to other companies in the Banks - Regional industry. Currently, ASB has a P/S ratio of 2.0. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items