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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and Atlantic Union Bankshares Corp (AUB). Click either name above to swap in a different company.
ASSOCIATED BANC-CORP is the larger business by last-quarter revenue ($383.0M vs $367.2M, roughly 1.0× Atlantic Union Bankshares Corp). Atlantic Union Bankshares Corp runs the higher net margin — 33.3% vs 31.2%, a 2.0% gap on every dollar of revenue. Over the past eight quarters, Atlantic Union Bankshares Corp's revenue compounded faster (41.1% CAGR vs 9.1%).
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.
Atlantic Union Bankshares Corporation is a bank holding company based in Richmond, Virginia and is the parent company of Atlantic Union Bank, a regional bank. It operates 129 branches in Virginia, Maryland, and North Carolina and is the largest bank headquartered in Virginia. It is on the list of largest banks in the United States.
ASB vs AUB — Head-to-Head
Income Statement — Q1 2026 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $383.0M | $367.2M |
| Net Profit | $119.6M | $122.2M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 31.2% | 33.3% |
| Revenue YoY | — | — |
| Net Profit YoY | 566.6% | 145.2% |
| EPS (diluted) | $0.70 | $0.84 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $383.0M | $367.2M | ||
| Q4 25 | $310.0M | $330.2M | ||
| Q3 25 | $305.2M | $319.2M | ||
| Q2 25 | $300.0M | $321.4M | ||
| Q1 25 | $285.9M | $184.2M | ||
| Q4 24 | $270.3M | $183.2M | ||
| Q3 24 | $329.7M | $182.9M | ||
| Q2 24 | $321.8M | $184.5M |
| Q1 26 | $119.6M | $122.2M | ||
| Q4 25 | $137.1M | $112.0M | ||
| Q3 25 | $124.7M | $92.1M | ||
| Q2 25 | $111.2M | $19.8M | ||
| Q1 25 | $101.7M | $49.8M | ||
| Q4 24 | $-161.6M | $57.8M | ||
| Q3 24 | $88.0M | $76.4M | ||
| Q2 24 | $115.6M | $25.2M |
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 42.9% | ||
| Q3 25 | 50.5% | 36.4% | ||
| Q2 25 | 46.5% | 5.4% | ||
| Q1 25 | 42.3% | 33.4% | ||
| Q4 24 | -65.8% | 38.9% | ||
| Q3 24 | 32.8% | 50.3% | ||
| Q2 24 | 32.0% | 19.8% |
| Q1 26 | 31.2% | 33.3% | ||
| Q4 25 | 44.2% | 33.9% | ||
| Q3 25 | 40.9% | 28.9% | ||
| Q2 25 | 37.1% | 6.2% | ||
| Q1 25 | 35.6% | 27.1% | ||
| Q4 24 | -59.8% | 31.5% | ||
| Q3 24 | 26.7% | 41.8% | ||
| Q2 24 | 35.9% | 13.6% |
| Q1 26 | $0.70 | $0.84 | ||
| Q4 25 | $0.80 | $0.76 | ||
| Q3 25 | $0.73 | $0.63 | ||
| Q2 25 | $0.65 | $0.12 | ||
| Q1 25 | $0.59 | $0.52 | ||
| Q4 24 | $-1.10 | $0.55 | ||
| Q3 24 | $0.56 | $0.82 | ||
| Q2 24 | $0.74 | $0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $775.0M |
| Stockholders' EquityBook value | $5.0B | $5.1B |
| Total Assets | $45.6B | $37.3B |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $966.5M | ||
| Q3 25 | — | $794.7M | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $434.1M | ||
| Q4 24 | — | $354.1M | ||
| Q3 24 | — | $528.1M | ||
| Q2 24 | — | $446.0M |
| Q1 26 | — | $775.0M | ||
| Q4 25 | $1.0B | $771.9M | ||
| Q3 25 | $594.1M | $768.7M | ||
| Q2 25 | $593.5M | $765.4M | ||
| Q1 25 | $591.4M | $418.7M | ||
| Q4 24 | $1.4B | $418.3M | ||
| Q3 24 | $844.3M | $417.9M | ||
| Q2 24 | $536.1M | $416.6M |
| Q1 26 | $5.0B | $5.1B | ||
| Q4 25 | $5.0B | $5.0B | ||
| Q3 25 | $4.9B | $4.9B | ||
| Q2 25 | $4.8B | $4.8B | ||
| Q1 25 | $4.7B | $3.2B | ||
| Q4 24 | $4.6B | $3.1B | ||
| Q3 24 | $4.4B | $3.2B | ||
| Q2 24 | $4.2B | $3.0B |
| Q1 26 | $45.6B | $37.3B | ||
| Q4 25 | $45.2B | $37.6B | ||
| Q3 25 | $44.5B | $37.1B | ||
| Q2 25 | $44.0B | $37.3B | ||
| Q1 25 | $43.3B | $24.6B | ||
| Q4 24 | $43.0B | $24.6B | ||
| Q3 24 | $42.2B | $24.8B | ||
| Q2 24 | $41.6B | $24.8B |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.20× | 0.15× | ||
| Q3 25 | 0.12× | 0.16× | ||
| Q2 25 | 0.12× | 0.16× | ||
| Q1 25 | 0.13× | 0.13× | ||
| Q4 24 | 0.31× | 0.13× | ||
| Q3 24 | 0.19× | 0.13× | ||
| Q2 24 | 0.13× | 0.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASB
| Net Interest Income | $307.2M | 80% |
| Noninterest Income | $75.9M | 20% |
AUB
| Net Interest Income | $312.4M | 85% |
| Noninterest Income | $54.8M | 15% |
