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

ASSOCIATED BANC-CORP is the larger business by last-quarter revenue ($383.0M vs $237.1M, roughly 1.6× HUYA Inc.). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 0.6%, a 30.7% gap on every dollar of revenue. Over the past eight quarters, ASSOCIATED BANC-CORP's revenue compounded faster (9.1% CAGR vs 2.5%).

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.

HUYA Inc. is a leading interactive live streaming platform based in China, focused primarily on video game live broadcasting. It also offers esports events, variety entertainment, lifestyle and educational live streams, mainly serving young digital entertainment consumers in the domestic Chinese market.

ASB vs HUYA — Head-to-Head

Bigger by revenue
ASB
ASB
1.6× larger
ASB
$383.0M
$237.1M
HUYA
Higher net margin
ASB
ASB
30.7% more per $
ASB
31.2%
0.6%
HUYA
Faster 2-yr revenue CAGR
ASB
ASB
Annualised
ASB
9.1%
2.5%
HUYA

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ASB
ASB
HUYA
HUYA
Revenue
$383.0M
$237.1M
Net Profit
$119.6M
$1.3M
Gross Margin
13.4%
Operating Margin
-0.8%
Net Margin
31.2%
0.6%
Revenue YoY
Net Profit YoY
566.6%
EPS (diluted)
$0.70

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
HUYA
HUYA
Q1 26
$383.0M
Q4 25
$310.0M
Q3 25
$305.2M
$237.1M
Q2 25
$300.0M
$218.8M
Q1 25
$285.9M
$207.9M
Q4 24
$270.3M
Q3 24
$329.7M
$219.1M
Q2 24
$321.8M
$212.1M
Net Profit
ASB
ASB
HUYA
HUYA
Q1 26
$119.6M
Q4 25
$137.1M
Q3 25
$124.7M
$1.3M
Q2 25
$111.2M
$-766.0K
Q1 25
$101.7M
$128.0K
Q4 24
$-161.6M
Q3 24
$88.0M
$3.4M
Q2 24
$115.6M
$4.1M
Gross Margin
ASB
ASB
HUYA
HUYA
Q1 26
Q4 25
Q3 25
13.4%
Q2 25
13.5%
Q1 25
12.5%
Q4 24
Q3 24
13.2%
Q2 24
13.9%
Operating Margin
ASB
ASB
HUYA
HUYA
Q1 26
Q4 25
52.6%
Q3 25
50.5%
-0.8%
Q2 25
46.5%
-1.5%
Q1 25
42.3%
-4.0%
Q4 24
-65.8%
Q3 24
32.8%
-2.1%
Q2 24
32.0%
-1.7%
Net Margin
ASB
ASB
HUYA
HUYA
Q1 26
31.2%
Q4 25
44.2%
Q3 25
40.9%
0.6%
Q2 25
37.1%
-0.4%
Q1 25
35.6%
0.1%
Q4 24
-59.8%
Q3 24
26.7%
1.5%
Q2 24
35.9%
1.9%
EPS (diluted)
ASB
ASB
HUYA
HUYA
Q1 26
$0.70
Q4 25
$0.80
Q3 25
$0.73
Q2 25
$0.65
Q1 25
$0.59
Q4 24
$-1.10
Q3 24
$0.56
Q2 24
$0.74

Balance Sheet & Financial Strength

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

Metric
ASB
ASB
HUYA
HUYA
Cash + ST InvestmentsLiquidity on hand
$102.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$709.9M
Total Assets
$45.6B
$960.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
HUYA
HUYA
Q1 26
Q4 25
Q3 25
$102.0M
Q2 25
$69.7M
Q1 25
$40.9M
Q4 24
Q3 24
$156.1M
Q2 24
$138.4M
Total Debt
ASB
ASB
HUYA
HUYA
Q1 26
Q4 25
$1.0B
Q3 25
$594.1M
Q2 25
$593.5M
Q1 25
$591.4M
Q4 24
$1.4B
Q3 24
$844.3M
Q2 24
$536.1M
Stockholders' Equity
ASB
ASB
HUYA
HUYA
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
$4.9B
$709.9M
Q2 25
$4.8B
$704.3M
Q1 25
$4.7B
$711.2M
Q4 24
$4.6B
Q3 24
$4.4B
$1.1B
Q2 24
$4.2B
$1.3B
Total Assets
ASB
ASB
HUYA
HUYA
Q1 26
$45.6B
Q4 25
$45.2B
Q3 25
$44.5B
$960.3M
Q2 25
$44.0B
$928.0M
Q1 25
$43.3B
$1.3B
Q4 24
$43.0B
Q3 24
$42.2B
$1.6B
Q2 24
$41.6B
$1.6B
Debt / Equity
ASB
ASB
HUYA
HUYA
Q1 26
Q4 25
0.20×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.13×
Q4 24
0.31×
Q3 24
0.19×
Q2 24
0.13×

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%

HUYA
HUYA

Live streaming$162.5M69%
Game-related services, advertising and others$74.7M31%

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