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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM). Click either name above to swap in a different company.

BRIGHT HORIZONS FAMILY SOLUTIONS INC. is the larger business by last-quarter revenue ($733.7M vs $383.0M, roughly 1.9× ASSOCIATED BANC-CORP). Over the past eight quarters, ASSOCIATED BANC-CORP's revenue compounded faster (9.1% CAGR vs 8.5%).

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.

Bright Horizons Family Solutions Inc. is a United States–based child-care provider and is the largest provider of employer-sponsored child care. It also provides back-up child care and elder care, tuition program management, education advising, and student loan repayment programs. It is headquartered in Newton, Massachusetts.

ASB vs BFAM — Head-to-Head

Bigger by revenue
BFAM
BFAM
1.9× larger
BFAM
$733.7M
$383.0M
ASB
Faster 2-yr revenue CAGR
ASB
ASB
Annualised
ASB
9.1%
8.5%
BFAM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ASB
ASB
BFAM
BFAM
Revenue
$383.0M
$733.7M
Net Profit
$119.6M
Gross Margin
19.3%
Operating Margin
6.2%
Net Margin
31.2%
Revenue YoY
8.8%
Net Profit YoY
566.6%
EPS (diluted)
$0.70
$0.38

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.

Revenue
ASB
ASB
BFAM
BFAM
Q1 26
$383.0M
Q4 25
$310.0M
$733.7M
Q3 25
$305.2M
$802.8M
Q2 25
$300.0M
$731.6M
Q1 25
$285.9M
$665.5M
Q4 24
$270.3M
$674.1M
Q3 24
$329.7M
$719.1M
Q2 24
$321.8M
$670.1M
Net Profit
ASB
ASB
BFAM
BFAM
Q1 26
$119.6M
Q4 25
$137.1M
Q3 25
$124.7M
$78.6M
Q2 25
$111.2M
$54.8M
Q1 25
$101.7M
$38.0M
Q4 24
$-161.6M
Q3 24
$88.0M
$54.9M
Q2 24
$115.6M
$39.2M
Gross Margin
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
19.3%
Q3 25
27.0%
Q2 25
25.0%
Q1 25
23.4%
Q4 24
20.8%
Q3 24
25.2%
Q2 24
24.2%
Operating Margin
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
52.6%
6.2%
Q3 25
50.5%
15.1%
Q2 25
46.5%
11.8%
Q1 25
42.3%
9.4%
Q4 24
-65.8%
7.2%
Q3 24
32.8%
12.4%
Q2 24
32.0%
10.3%
Net Margin
ASB
ASB
BFAM
BFAM
Q1 26
31.2%
Q4 25
44.2%
Q3 25
40.9%
9.8%
Q2 25
37.1%
7.5%
Q1 25
35.6%
5.7%
Q4 24
-59.8%
Q3 24
26.7%
7.6%
Q2 24
35.9%
5.8%
EPS (diluted)
ASB
ASB
BFAM
BFAM
Q1 26
$0.70
Q4 25
$0.80
$0.38
Q3 25
$0.73
$1.37
Q2 25
$0.65
$0.95
Q1 25
$0.59
$0.66
Q4 24
$-1.10
$0.50
Q3 24
$0.56
$0.94
Q2 24
$0.74
$0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASB
ASB
BFAM
BFAM
Cash + ST InvestmentsLiquidity on hand
$140.1M
Total DebtLower is stronger
$747.6M
Stockholders' EquityBook value
$5.0B
$1.3B
Total Assets
$45.6B
$3.9B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
$140.1M
Q3 25
$116.6M
Q2 25
$179.2M
Q1 25
$112.0M
Q4 24
$110.3M
Q3 24
$109.9M
Q2 24
$140.2M
Total Debt
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
$1.0B
$747.6M
Q3 25
$594.1M
$747.5M
Q2 25
$593.5M
$797.0M
Q1 25
$591.4M
$872.7M
Q4 24
$1.4B
$918.4M
Q3 24
$844.3M
$925.7M
Q2 24
$536.1M
$931.9M
Stockholders' Equity
ASB
ASB
BFAM
BFAM
Q1 26
$5.0B
Q4 25
$5.0B
$1.3B
Q3 25
$4.9B
$1.4B
Q2 25
$4.8B
$1.4B
Q1 25
$4.7B
$1.3B
Q4 24
$4.6B
$1.3B
Q3 24
$4.4B
$1.4B
Q2 24
$4.2B
$1.3B
Total Assets
ASB
ASB
BFAM
BFAM
Q1 26
$45.6B
Q4 25
$45.2B
$3.9B
Q3 25
$44.5B
$3.9B
Q2 25
$44.0B
$3.9B
Q1 25
$43.3B
$3.8B
Q4 24
$43.0B
$3.9B
Q3 24
$42.2B
$3.9B
Q2 24
$41.6B
$3.8B
Debt / Equity
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
0.20×
0.56×
Q3 25
0.12×
0.52×
Q2 25
0.12×
0.57×
Q1 25
0.13×
0.66×
Q4 24
0.31×
0.72×
Q3 24
0.19×
0.66×
Q2 24
0.13×
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASB
ASB
BFAM
BFAM
Operating Cash FlowLast quarter
$350.7M
Free Cash FlowOCF − Capex
$258.5M
FCF MarginFCF / Revenue
35.2%
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$402.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
$218.1M
$350.7M
Q3 25
$158.0M
$-17.6M
Q2 25
$141.5M
$134.2M
Q1 25
$98.2M
$86.2M
Q4 24
$207.1M
$337.5M
Q3 24
$105.1M
$-8.9M
Q2 24
$113.5M
$109.4M
Free Cash Flow
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
$258.5M
Q3 25
$-42.4M
Q2 25
$115.4M
Q1 25
$70.9M
Q4 24
$240.2M
Q3 24
$-32.2M
Q2 24
$86.8M
FCF Margin
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
35.2%
Q3 25
-5.3%
Q2 25
15.8%
Q1 25
10.7%
Q4 24
35.6%
Q3 24
-4.5%
Q2 24
13.0%
Capex Intensity
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
12.6%
Q3 25
3.1%
Q2 25
2.6%
Q1 25
2.3%
Q4 24
14.4%
Q3 24
3.2%
Q2 24
3.4%
Cash Conversion
ASB
ASB
BFAM
BFAM
Q1 26
Q4 25
1.59×
Q3 25
1.27×
-0.22×
Q2 25
1.27×
2.45×
Q1 25
0.97×
2.26×
Q4 24
Q3 24
1.19×
-0.16×
Q2 24
0.98×
2.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASB
ASB

Net Interest Income$307.2M80%
Noninterest Income$75.9M20%

BFAM
BFAM

Segment breakdown not available.

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