ASSOCIATED BANC-CORP

ASSOCIATED BANC-CORPASBEarnings & Financial Report

NYSE · Financials · State Commercial Banks

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.

ASB Q1 FY2026 Key Financial Metrics

Revenue

$383.0M

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$119.6M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

31.2%

YoY Growth

N/A

EPS

$0.70

ASSOCIATED BANC-CORP Q1 FY2026 Financial Summary

ASSOCIATED BANC-CORP reported revenue of $383.0M for Q1 FY2026, with a net profit of $119.6M (up 566.6% YoY) (31.2% margin).

Key Financial Metrics

Total Revenue$383.0M
Net Profit$119.6M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ1 FY2026

Revenue Breakdown

ASSOCIATED BANC-CORP Q1 FY2026 revenue of $383.0M breaks down across 2 segments, led by Net Interest Income at $307.2M (80.2% of total).

SegmentRevenue% of Total
Net Interest Income$307.2M80.2%
Noninterest Income$75.9M19.8%

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).

YearAnnual Revenue
2025$1.2Bvs 2024
2024$1.2Bvs 2023
2023$1.1Bvs 2022
2022$1.2B

ASSOCIATED BANC-CORP Quarterly Revenue & Net Profit History

ASSOCIATED BANC-CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$383.0M$119.6M31.2%
Q4 FY2025$310.0M+14.7%$137.1M44.2%
Q3 FY2025$305.2M-7.4%$124.7M40.9%
Q2 FY2025$300.0M-6.8%$111.2M37.1%
Q1 FY2025$285.9M-11.4%$101.7M35.6%
Q4 FY2024$270.3M+120.8%$-161.6M-59.8%
Q3 FY2024$329.7M+2.8%$88.0M26.7%
Q2 FY2024$321.8M-0.5%$115.6M35.9%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$321.8M$329.7M$270.3M$285.9M$300.0M$305.2M$310.0M$383.0M
YoY Growth-0.5%2.8%120.8%-11.4%-6.8%-7.4%14.7%N/A

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$41.62B$42.21B$43.02B$43.31B$43.99B$44.46B$45.20B$45.59B
Liabilities$37.38B$37.80B$38.42B$38.62B$39.21B$39.59B$40.23B$40.60B
Equity$4.24B$4.41B$4.61B$4.69B$4.78B$4.87B$4.98B$5.00B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$113.5M$105.1M$207.1M$98.2M$141.5M$158.0M$218.1M