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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and California Resources Corp (CRC). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($679.0M vs $383.0M, roughly 1.8× ASSOCIATED BANC-CORP). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 1.8%, a 29.5% gap on every dollar of revenue. Over the past eight quarters, California Resources Corp's revenue compounded faster (25.8% 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.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

ASB vs CRC — Head-to-Head

Bigger by revenue
CRC
CRC
1.8× larger
CRC
$679.0M
$383.0M
ASB
Higher net margin
ASB
ASB
29.5% more per $
ASB
31.2%
1.8%
CRC
Faster 2-yr revenue CAGR
CRC
CRC
Annualised
CRC
25.8%
9.1%
ASB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ASB
ASB
CRC
CRC
Revenue
$383.0M
$679.0M
Net Profit
$119.6M
$12.0M
Gross Margin
Operating Margin
6.9%
Net Margin
31.2%
1.8%
Revenue YoY
-17.8%
Net Profit YoY
566.6%
-63.6%
EPS (diluted)
$0.70
$0.21

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
CRC
CRC
Q1 26
$383.0M
Q4 25
$310.0M
$679.0M
Q3 25
$305.2M
$715.0M
Q2 25
$300.0M
$702.0M
Q1 25
$285.9M
$814.0M
Q4 24
$270.3M
$826.0M
Q3 24
$329.7M
$870.0M
Q2 24
$321.8M
$412.0M
Net Profit
ASB
ASB
CRC
CRC
Q1 26
$119.6M
Q4 25
$137.1M
$12.0M
Q3 25
$124.7M
$64.0M
Q2 25
$111.2M
$172.0M
Q1 25
$101.7M
$115.0M
Q4 24
$-161.6M
$33.0M
Q3 24
$88.0M
$345.0M
Q2 24
$115.6M
$8.0M
Operating Margin
ASB
ASB
CRC
CRC
Q1 26
Q4 25
52.6%
6.9%
Q3 25
50.5%
13.7%
Q2 25
46.5%
38.0%
Q1 25
42.3%
22.9%
Q4 24
-65.8%
8.2%
Q3 24
32.8%
59.5%
Q2 24
32.0%
9.2%
Net Margin
ASB
ASB
CRC
CRC
Q1 26
31.2%
Q4 25
44.2%
1.8%
Q3 25
40.9%
9.0%
Q2 25
37.1%
24.5%
Q1 25
35.6%
14.1%
Q4 24
-59.8%
4.0%
Q3 24
26.7%
39.7%
Q2 24
35.9%
1.9%
EPS (diluted)
ASB
ASB
CRC
CRC
Q1 26
$0.70
Q4 25
$0.80
$0.21
Q3 25
$0.73
$0.76
Q2 25
$0.65
$1.92
Q1 25
$0.59
$1.26
Q4 24
$-1.10
$0.87
Q3 24
$0.56
$3.78
Q2 24
$0.74
$0.11

Balance Sheet & Financial Strength

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

Metric
ASB
ASB
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
$132.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$3.7B
Total Assets
$45.6B
$7.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
CRC
CRC
Q1 26
Q4 25
$132.0M
Q3 25
$196.0M
Q2 25
$72.0M
Q1 25
$214.0M
Q4 24
$372.0M
Q3 24
$241.0M
Q2 24
$1.0B
Total Debt
ASB
ASB
CRC
CRC
Q1 26
Q4 25
$1.0B
Q3 25
$594.1M
$1.0B
Q2 25
$593.5M
$1.0B
Q1 25
$591.4M
$1.0B
Q4 24
$1.4B
$1.1B
Q3 24
$844.3M
$1.1B
Q2 24
$536.1M
$1.2B
Stockholders' Equity
ASB
ASB
CRC
CRC
Q1 26
$5.0B
Q4 25
$5.0B
$3.7B
Q3 25
$4.9B
$3.4B
Q2 25
$4.8B
$3.4B
Q1 25
$4.7B
$3.5B
Q4 24
$4.6B
$3.5B
Q3 24
$4.4B
$3.5B
Q2 24
$4.2B
$2.1B
Total Assets
ASB
ASB
CRC
CRC
Q1 26
$45.6B
Q4 25
$45.2B
$7.4B
Q3 25
$44.5B
$6.8B
Q2 25
$44.0B
$6.7B
Q1 25
$43.3B
$6.8B
Q4 24
$43.0B
$7.1B
Q3 24
$42.2B
$7.1B
Q2 24
$41.6B
$4.5B
Debt / Equity
ASB
ASB
CRC
CRC
Q1 26
Q4 25
0.20×
Q3 25
0.12×
0.29×
Q2 25
0.12×
0.30×
Q1 25
0.13×
0.29×
Q4 24
0.31×
0.32×
Q3 24
0.19×
0.32×
Q2 24
0.13×
0.57×

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
CRC
CRC
Operating Cash FlowLast quarter
$235.0M
Free Cash FlowOCF − Capex
$115.0M
FCF MarginFCF / Revenue
16.9%
Capex IntensityCapex / Revenue
17.7%
Cash ConversionOCF / Net Profit
19.58×
TTM Free Cash FlowTrailing 4 quarters
$543.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASB
ASB
CRC
CRC
Q1 26
Q4 25
$218.1M
$235.0M
Q3 25
$158.0M
$279.0M
Q2 25
$141.5M
$165.0M
Q1 25
$98.2M
$186.0M
Q4 24
$207.1M
$206.0M
Q3 24
$105.1M
$220.0M
Q2 24
$113.5M
$97.0M
Free Cash Flow
ASB
ASB
CRC
CRC
Q1 26
Q4 25
$115.0M
Q3 25
$188.0M
Q2 25
$109.0M
Q1 25
$131.0M
Q4 24
$118.0M
Q3 24
$141.0M
Q2 24
$63.0M
FCF Margin
ASB
ASB
CRC
CRC
Q1 26
Q4 25
16.9%
Q3 25
26.3%
Q2 25
15.5%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
16.2%
Q2 24
15.3%
Capex Intensity
ASB
ASB
CRC
CRC
Q1 26
Q4 25
17.7%
Q3 25
12.7%
Q2 25
8.0%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
9.1%
Q2 24
8.3%
Cash Conversion
ASB
ASB
CRC
CRC
Q1 26
Q4 25
1.59×
19.58×
Q3 25
1.27×
4.36×
Q2 25
1.27×
0.96×
Q1 25
0.97×
1.62×
Q4 24
6.24×
Q3 24
1.19×
0.64×
Q2 24
0.98×
12.13×

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%

CRC
CRC

Oil And Natural Gas Segment$645.0M95%
Natural Gas Production$26.0M4%
Other$7.0M1%

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