ASSOCIATED BANC-CORPASBEarnings & Financial Report
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
ASSOCIATED BANC-CORP Q4 FY2025 Financial Summary
ASSOCIATED BANC-CORP reported revenue of $310.0M (up 14.7% YoY) for Q4 FY2025, with a net profit of $137.1M (up 184.8% YoY) (44.2% margin).
Key Financial Metrics
| Total Revenue | $310.0M |
|---|---|
| Net Profit | $137.1M |
| Gross Margin | N/A |
| Operating Margin | 52.6% |
| Report Period | Q4 FY2025 |
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 |
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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $383.0M | — | $119.6M | 31.2% |
| Q4 FY2025 | $310.0M | +14.7% | $137.1M | 44.2% |
| Q3 FY2025 | $305.2M | -7.4% | $124.7M | 40.9% |
| Q2 FY2025 | $300.0M | -6.8% | $111.2M | 37.1% |
| Q1 FY2025 | $285.9M | -11.4% | $101.7M | 35.6% |
| Q4 FY2024 | $270.3M | +120.8% | $-161.6M | -59.8% |
| Q3 FY2024 | $329.7M | +2.8% | $88.0M | 26.7% |
| Q2 FY2024 | $321.8M | -0.5% | $115.6M | 35.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $113.5M | $105.1M | $207.1M | $98.2M | $141.5M | $158.0M | $218.1M |