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

ASSOCIATED BANC-CORP is the larger business by last-quarter revenue ($383.0M vs $272.3M, roughly 1.4× Legend Biotech Corp). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs -14.6%, a 45.8% gap on every dollar of revenue. Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% 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.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

ASB vs LEGN — Head-to-Head

Bigger by revenue
ASB
ASB
1.4× larger
ASB
$383.0M
$272.3M
LEGN
Higher net margin
ASB
ASB
45.8% more per $
ASB
31.2%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
9.1%
ASB

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ASB
ASB
LEGN
LEGN
Revenue
$383.0M
$272.3M
Net Profit
$119.6M
$-39.7M
Gross Margin
58.4%
Operating Margin
-16.0%
Net Margin
31.2%
-14.6%
Revenue YoY
70.0%
Net Profit YoY
566.6%
68.3%
EPS (diluted)
$0.70
$-0.11

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
LEGN
LEGN
Q1 26
$383.0M
Q4 25
$310.0M
Q3 25
$305.2M
$272.3M
Q2 25
$300.0M
$255.1M
Q1 25
$285.9M
$195.1M
Q4 24
$270.3M
Q3 24
$329.7M
$160.2M
Q2 24
$321.8M
$186.5M
Net Profit
ASB
ASB
LEGN
LEGN
Q1 26
$119.6M
Q4 25
$137.1M
Q3 25
$124.7M
$-39.7M
Q2 25
$111.2M
$-125.4M
Q1 25
$101.7M
$-100.9M
Q4 24
$-161.6M
Q3 24
$88.0M
$-125.3M
Q2 24
$115.6M
$-18.2M
Gross Margin
ASB
ASB
LEGN
LEGN
Q1 26
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Operating Margin
ASB
ASB
LEGN
LEGN
Q1 26
Q4 25
52.6%
Q3 25
50.5%
-16.0%
Q2 25
46.5%
Q1 25
42.3%
Q4 24
-65.8%
Q3 24
32.8%
-43.9%
Q2 24
32.0%
Net Margin
ASB
ASB
LEGN
LEGN
Q1 26
31.2%
Q4 25
44.2%
Q3 25
40.9%
-14.6%
Q2 25
37.1%
-49.2%
Q1 25
35.6%
-51.7%
Q4 24
-59.8%
Q3 24
26.7%
-78.2%
Q2 24
35.9%
-9.8%
EPS (diluted)
ASB
ASB
LEGN
LEGN
Q1 26
$0.70
Q4 25
$0.80
Q3 25
$0.73
$-0.11
Q2 25
$0.65
$-0.34
Q1 25
$0.59
$-0.27
Q4 24
$-1.10
Q3 24
$0.56
$-0.34
Q2 24
$0.74
$-0.05

Balance Sheet & Financial Strength

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

Metric
ASB
ASB
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$278.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$1.0B
Total Assets
$45.6B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
LEGN
LEGN
Q1 26
Q4 25
Q3 25
$278.9M
Q2 25
$266.6M
Q1 25
$441.7M
Q4 24
Q3 24
$459.3M
Q2 24
$201.3M
Total Debt
ASB
ASB
LEGN
LEGN
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
LEGN
LEGN
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
$4.9B
$1.0B
Q2 25
$4.8B
$1.0B
Q1 25
$4.7B
$1.0B
Q4 24
$4.6B
Q3 24
$4.4B
$1.1B
Q2 24
$4.2B
$1.2B
Total Assets
ASB
ASB
LEGN
LEGN
Q1 26
$45.6B
Q4 25
$45.2B
Q3 25
$44.5B
$1.7B
Q2 25
$44.0B
$1.7B
Q1 25
$43.3B
$1.6B
Q4 24
$43.0B
Q3 24
$42.2B
$1.7B
Q2 24
$41.6B
$1.8B
Debt / Equity
ASB
ASB
LEGN
LEGN
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×

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
LEGN
LEGN
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASB
ASB
LEGN
LEGN
Q1 26
Q4 25
$218.1M
Q3 25
$158.0M
$28.8M
Q2 25
$141.5M
$-13.0M
Q1 25
$98.2M
$-103.8M
Q4 24
$207.1M
Q3 24
$105.1M
$-75.8M
Q2 24
$113.5M
$-1.7M
Cash Conversion
ASB
ASB
LEGN
LEGN
Q1 26
Q4 25
1.59×
Q3 25
1.27×
Q2 25
1.27×
Q1 25
0.97×
Q4 24
Q3 24
1.19×
Q2 24
0.98×

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%

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

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