ASSOCIATED BANC-CORPASBEarnings & Financial Report

NYSE · financial services

Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.

Revenue

$310.0M

Gross Profit

N/A

Operating Profit

$162.9M

Net Profit

$137.1M

Gross Margin

N/A

Operating Margin

52.6%

Net Margin

44.2%

YoY Growth

14.7%

EPS

$0.80

Financial Flow

ASSOCIATED BANC-CORP Q4 2025 Financial Summary

ASSOCIATED BANC-CORP reported revenue of $310.0M for Q4 2025, with a net profit of $137.1M (44.2% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue	$310.0M
Net Profit	$137.1M
Gross Margin	N/A
Operating Margin	52.6%
Report Period	Q4 2025

ASSOCIATED BANC-CORP Annual Revenue by Year

ASSOCIATED BANC-CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).

Year	Annual Revenue
2025	$1.2B
2024	$1.2B
2023	$1.1B
2022	$1.2B

Income Statement

	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Revenue	$322.8M	$321.8M	$329.7M	$270.3M	$285.9M	$300.0M	$305.2M	$310.0M
YoY Growth	-3.9%	-0.5%	2.8%	120.8%	-11.4%	-6.8%	-7.4%	14.7%

Balance Sheet

	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Assets	$41.14B	$41.62B	$42.21B	$43.02B	$43.31B	$43.99B	$44.46B	$45.20B
Liabilities	$36.97B	$37.38B	$37.80B	$38.42B	$38.62B	$39.21B	$39.59B	$40.23B
Equity	$4.17B	$4.24B	$4.41B	$4.61B	$4.69B	$4.78B	$4.87B	$4.98B