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ISIN
US0454871056
CUSIP
045487105
IPO Date
Sep 7, 1984

Highlights

EPS (TTM)
$2.99
PE Ratio
9.84
PEG Ratio
0.19
Total Revenue (TTM)
$43.22B
Gross Profit (TTM)
$1.10B
EBITDA (TTM)
$509.38M
Year Range
$23.63 - $29.96
Target Price
$29.57
ROA (TTM)
0.82%
ROE (TTM)
7.46%

Share Price Chart


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Associated Banc-Corp

Performance

ASB Performance Chart

Associated Banc-Corp (ASB) is up 16.1% since the beginning of the year. At $29 per share, ASB is trading just below its 52-week high of $30. Investors who bought $1,000 worth of ASB shares 5 years ago would now be looking at an investment worth $1,693.


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S&P 500 Index

Returns By Period

Associated Banc-Corp (ASB) has returned 16.10% so far this year and 31.90% over the past 12 months. Over the last ten years, ASB has returned 9.53% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Associated Banc-Corp

1D
0.62%
1M
5.80%
YTD
16.10%
6M
12.06%
1Y
31.90%
3Y*
28.38%
5Y*
11.10%
10Y*
9.53%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ASB Monthly Returns History

Based on dividend-adjusted daily data since Sep 7, 1984, ASB's average daily return is +0.06%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 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%8.89%-1.24%6.57%16.10%
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 4.24%, beta of 0.93, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since September 07, 1984.

  • This stock participated in 76.41% of S&P 500 Index downside but only 74.38% 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
4.24%
Beta
0.93
0.23
Upside Capture
74.38%
Downside Capture
76.41%

Return for Risk

Risk / Return Rank

ASB ranks 75 for risk / return — better than 75% 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: 7575
Overall Rank
ASB Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
ASB Sortino Ratio Rank: 7272
Sortino Ratio Rank
ASB Omega Ratio Rank: 7171
Omega Ratio Rank
ASB Calmar Ratio Rank: 7575
Calmar Ratio Rank
ASB Martin Ratio Rank: 7878
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 S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


ASBBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.81

Sortino ratioReturn per unit of downside risk

-1.03

Omega ratioGain probability vs. loss probability

1.22

1.37

-0.14

Calmar ratioReturn relative to maximum drawdown

1.96

2.78

-0.83

Martin ratioReturn relative to average drawdown

5.63

12.44

-6.81

Dividends

Dividend History

Associated Banc-Corp provided a 3.23% dividend yield over the last twelve months, with an annual payout of $0.95 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$0.95$0.93$0.89$0.85$0.81$0.76$0.72$0.69$0.62$0.50$0.45$0.41

Dividend yield

3.23%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$0.00$0.00$0.24$0.48
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 3.23%, which is quite average when compared to the overall market.

Payout Ratio

Associated Banc-Corp has a payout ratio of 44.83%, which is quite average when compared to the overall market. This suggests that Associated Banc-Corp strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

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 0.61%.


Related event

Drawdown

Fall

Recovery

Underwater

2011 bear market2011
-71.39%Sep 2011
4y 7mo6y 8mo
11y 3moFeb 2007 - May 2018
COVID crash2020
-60.22%Mar 2020
1y 9mo1y 9mo
3y 7moJun 2018 - Jan 2022
Dot-com crash2000–2002
-49.77%Jun 2000
2y 6mo1y 9mo
4y 4moDec 1997 - Apr 2002
2023 bear market2023
-41.36%May 2023
6mo 6d1y 2mo
1y 8moNov 2022 - Jul 2024
Black Monday1987
-38.54%Oct 1987
1y 3mo1y 11mo
3y 2moJul 1986 - Sep 1989

Drawdown Indicators


ASBBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-71.39%

-56.78%

-14.61%

Max Drawdown (1Y)

Largest decline over 1 year

-16.37%

-9.10%

-7.27%

Max Drawdown (3Y)

Largest decline over 3 years

-31.58%

-18.90%

-12.68%

Max Drawdown (5Y)

Largest decline over 5 years

-41.36%

-25.43%

-15.93%

Max Drawdown (10Y)

Largest decline over 10 years

-60.22%

-33.92%

-26.30%

Current Drawdown

Current decline from peak

-0.61%

-1.80%

+1.19%

Average Drawdown

Average peak-to-trough decline

-20.68%

-10.71%

-9.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.68%

2.03%

+3.65%

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 9.8. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for ASB compared to other companies in the Banks - Regional industry. ASB currently has a PEG ratio of 0.2. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected 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 0.1. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

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
Portfolio Analyzer

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