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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and CECO ENVIRONMENTAL CORP (CECO). Click either name above to swap in a different company.
ASSOCIATED BANC-CORP is the larger business by last-quarter revenue ($383.0M vs $205.9M, roughly 1.9× CECO ENVIRONMENTAL CORP). Over the past eight quarters, CECO ENVIRONMENTAL CORP's revenue compounded faster (22.4% 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.
CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.
ASB vs CECO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $383.0M | $205.9M |
| Net Profit | $119.6M | — |
| Gross Margin | — | 31.0% |
| Operating Margin | — | 0.9% |
| Net Margin | 31.2% | — |
| Revenue YoY | — | 16.5% |
| Net Profit YoY | 566.6% | — |
| EPS (diluted) | $0.70 | $0.98 |
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 | $205.9M | ||
| Q4 25 | $310.0M | $214.7M | ||
| Q3 25 | $305.2M | $197.6M | ||
| Q2 25 | $300.0M | $185.4M | ||
| Q1 25 | $285.9M | $176.7M | ||
| Q4 24 | $270.3M | $158.6M | ||
| Q3 24 | $329.7M | $135.5M | ||
| Q2 24 | $321.8M | $137.5M |
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $3.1M | ||
| Q3 25 | $124.7M | $1.5M | ||
| Q2 25 | $111.2M | $9.5M | ||
| Q1 25 | $101.7M | $36.0M | ||
| Q4 24 | $-161.6M | $4.9M | ||
| Q3 24 | $88.0M | $2.1M | ||
| Q2 24 | $115.6M | $4.5M |
| Q1 26 | — | 31.0% | ||
| Q4 25 | — | 35.1% | ||
| Q3 25 | — | 32.7% | ||
| Q2 25 | — | 36.2% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.8% | ||
| Q3 24 | — | 33.4% | ||
| Q2 24 | — | 35.7% |
| Q1 26 | — | 0.9% | ||
| Q4 25 | 52.6% | 7.7% | ||
| Q3 25 | 50.5% | 4.8% | ||
| Q2 25 | 46.5% | 9.7% | ||
| Q1 25 | 42.3% | 35.0% | ||
| Q4 24 | -65.8% | 7.1% | ||
| Q3 24 | 32.8% | 5.3% | ||
| Q2 24 | 32.0% | 6.7% |
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 1.4% | ||
| Q3 25 | 40.9% | 0.8% | ||
| Q2 25 | 37.1% | 5.1% | ||
| Q1 25 | 35.6% | 20.4% | ||
| Q4 24 | -59.8% | 3.1% | ||
| Q3 24 | 26.7% | 1.5% | ||
| Q2 24 | 35.9% | 3.3% |
| Q1 26 | $0.70 | $0.98 | ||
| Q4 25 | $0.80 | $0.09 | ||
| Q3 25 | $0.73 | $0.04 | ||
| Q2 25 | $0.65 | $0.26 | ||
| Q1 25 | $0.59 | $0.98 | ||
| Q4 24 | $-1.10 | $0.14 | ||
| Q3 24 | $0.56 | $0.06 | ||
| Q2 24 | $0.74 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $45.4M |
| Total DebtLower is stronger | — | $5.3M |
| Stockholders' EquityBook value | $5.0B | $317.2M |
| Total Assets | $45.6B | $1.0B |
| Debt / EquityLower = less leverage | — | 0.02× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $45.4M | ||
| Q4 25 | — | $33.1M | ||
| Q3 25 | — | $32.8M | ||
| Q2 25 | — | $36.8M | ||
| Q1 25 | — | $146.5M | ||
| Q4 24 | — | $37.8M | ||
| Q3 24 | — | $38.7M | ||
| Q2 24 | — | $36.5M |
| Q1 26 | — | $5.3M | ||
| Q4 25 | $1.0B | $212.4M | ||
| Q3 25 | $594.1M | $220.9M | ||
| Q2 25 | $593.5M | $238.7M | ||
| Q1 25 | $591.4M | $339.7M | ||
| Q4 24 | $1.4B | $218.9M | ||
| Q3 24 | $844.3M | $133.4M | ||
| Q2 24 | $536.1M | $130.8M |
| Q1 26 | $5.0B | $317.2M | ||
| Q4 25 | $5.0B | $317.5M | ||
| Q3 25 | $4.9B | $309.2M | ||
| Q2 25 | $4.8B | $298.4M | ||
| Q1 25 | $4.7B | $285.8M | ||
| Q4 24 | $4.6B | $247.7M | ||
| Q3 24 | $4.4B | $241.3M | ||
| Q2 24 | $4.2B | $235.0M |
| Q1 26 | $45.6B | $1.0B | ||
| Q4 25 | $45.2B | $893.8M | ||
| Q3 25 | $44.5B | $891.9M | ||
| Q2 25 | $44.0B | $876.6M | ||
| Q1 25 | $43.3B | $957.1M | ||
| Q4 24 | $43.0B | $759.7M | ||
| Q3 24 | $42.2B | $621.5M | ||
| Q2 24 | $41.6B | $598.1M |
| Q1 26 | — | 0.02× | ||
| Q4 25 | 0.20× | 0.67× | ||
| Q3 25 | 0.12× | 0.71× | ||
| Q2 25 | 0.12× | 0.80× | ||
| Q1 25 | 0.13× | 1.19× | ||
| Q4 24 | 0.31× | 0.88× | ||
| Q3 24 | 0.19× | 0.55× | ||
| Q2 24 | 0.13× | 0.56× |
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% |
CECO
Segment breakdown not available.
