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

monday.com Ltd. is the larger business by last-quarter revenue ($704.0M vs $383.0M, roughly 1.8× ASSOCIATED BANC-CORP). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 1.3%, a 29.9% gap on every dollar of revenue.

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.

Monday.com Ltd. is an Israeli-based cloud-based platform that allows users to create their own applications and project management software. The product was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation. The company went public in June 2021 and is based in Tel Aviv, Israel.

ASB vs MNDY — Head-to-Head

Bigger by revenue
MNDY
MNDY
1.8× larger
MNDY
$704.0M
$383.0M
ASB
Higher net margin
ASB
ASB
29.9% more per $
ASB
31.2%
1.3%
MNDY

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ASB
ASB
MNDY
MNDY
Revenue
$383.0M
$704.0M
Net Profit
$119.6M
$9.4M
Gross Margin
89.6%
Operating Margin
-4.4%
Net Margin
31.2%
1.3%
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
MNDY
MNDY
Q1 26
$383.0M
Q4 25
$310.0M
Q3 25
$305.2M
$704.0M
Q2 25
$300.0M
$453.0M
Q1 25
$285.9M
$216.9M
Q4 24
$270.3M
Q3 24
$329.7M
$527.1M
Q2 24
$321.8M
$337.9M
Net Profit
ASB
ASB
MNDY
MNDY
Q1 26
$119.6M
Q4 25
$137.1M
Q3 25
$124.7M
$9.4M
Q2 25
$111.2M
$21.4M
Q1 25
$101.7M
$7.1M
Q4 24
$-161.6M
Q3 24
$88.0M
$-14.2M
Q2 24
$115.6M
$-21.7M
Gross Margin
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
Q3 25
89.6%
Q2 25
89.6%
Q1 25
89.2%
Q4 24
Q3 24
89.0%
Q2 24
89.2%
Operating Margin
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
52.6%
Q3 25
50.5%
-4.4%
Q2 25
46.5%
-0.7%
Q1 25
42.3%
-2.3%
Q4 24
-65.8%
Q3 24
32.8%
-7.1%
Q2 24
32.0%
-10.3%
Net Margin
ASB
ASB
MNDY
MNDY
Q1 26
31.2%
Q4 25
44.2%
Q3 25
40.9%
1.3%
Q2 25
37.1%
4.7%
Q1 25
35.6%
3.3%
Q4 24
-59.8%
Q3 24
26.7%
-2.7%
Q2 24
35.9%
-6.4%
EPS (diluted)
ASB
ASB
MNDY
MNDY
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
MNDY
MNDY
Cash + ST InvestmentsLiquidity on hand
$1.4B
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
MNDY
MNDY
Q1 26
Q4 25
Q3 25
$1.4B
Q2 25
$1.7B
Q1 25
$1.4B
Q4 24
Q3 24
$1.1B
Q2 24
$1.3B
Total Debt
ASB
ASB
MNDY
MNDY
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
MNDY
MNDY
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
$4.9B
$1.0B
Q2 25
$4.8B
$1.2B
Q1 25
$4.7B
$1.0B
Q4 24
$4.6B
Q3 24
$4.4B
$813.5M
Q2 24
$4.2B
$910.1M
Total Assets
ASB
ASB
MNDY
MNDY
Q1 26
$45.6B
Q4 25
$45.2B
Q3 25
$44.5B
$1.7B
Q2 25
$44.0B
$2.0B
Q1 25
$43.3B
$1.7B
Q4 24
$43.0B
Q3 24
$42.2B
$1.3B
Q2 24
$41.6B
$1.5B
Debt / Equity
ASB
ASB
MNDY
MNDY
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
MNDY
MNDY
Operating Cash FlowLast quarter
$234.4M
Free Cash FlowOCF − Capex
$224.6M
FCF MarginFCF / Revenue
31.9%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
25.02×
TTM Free Cash FlowTrailing 4 quarters
$608.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
$218.1M
Q3 25
$158.0M
$234.4M
Q2 25
$141.5M
$147.7M
Q1 25
$98.2M
$92.0M
Q4 24
$207.1M
Q3 24
$105.1M
$156.9M
Q2 24
$113.5M
$90.3M
Free Cash Flow
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
Q3 25
$224.6M
Q2 25
$141.8M
Q1 25
$90.5M
Q4 24
Q3 24
$151.4M
Q2 24
$85.6M
FCF Margin
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
Q3 25
31.9%
Q2 25
31.3%
Q1 25
41.7%
Q4 24
Q3 24
28.7%
Q2 24
25.3%
Capex Intensity
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
Q3 25
1.4%
Q2 25
1.3%
Q1 25
0.7%
Q4 24
Q3 24
1.0%
Q2 24
1.4%
Cash Conversion
ASB
ASB
MNDY
MNDY
Q1 26
Q4 25
1.59×
Q3 25
1.27×
25.02×
Q2 25
1.27×
6.91×
Q1 25
0.97×
12.99×
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%

MNDY
MNDY

Segment breakdown not available.

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