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

NEWMARKET CORP is the larger business by last-quarter revenue ($669.7M vs $383.0M, roughly 1.7× ASSOCIATED BANC-CORP). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 17.6%, a 13.6% gap on every dollar of revenue. Over the past eight quarters, ASSOCIATED BANC-CORP's revenue compounded faster (9.1% CAGR vs -2.9%).

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.

NewMarket Corporation, is a publicly traded American company that primarily serves the petroleum additives industry. The company is based in Richmond, Virginia, and has operations in North America, Latin America, Europe, the Middle East and Asia Pacific. The company's predecessor, the Albemarle Paper Manufacturing Company, was founded in 1887.

ASB vs NEU — Head-to-Head

Bigger by revenue
NEU
NEU
1.7× larger
NEU
$669.7M
$383.0M
ASB
Higher net margin
ASB
ASB
13.6% more per $
ASB
31.2%
17.6%
NEU
Faster 2-yr revenue CAGR
ASB
ASB
Annualised
ASB
9.1%
-2.9%
NEU

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ASB
ASB
NEU
NEU
Revenue
$383.0M
$669.7M
Net Profit
$119.6M
$118.1M
Gross Margin
33.0%
Operating Margin
21.4%
Net Margin
31.2%
17.6%
Revenue YoY
-4.5%
Net Profit YoY
566.6%
-6.3%
EPS (diluted)
$0.70
$12.62

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
NEU
NEU
Q1 26
$383.0M
$669.7M
Q4 25
$310.0M
$635.4M
Q3 25
$305.2M
$690.3M
Q2 25
$300.0M
$698.5M
Q1 25
$285.9M
$700.9M
Q4 24
$270.3M
$654.6M
Q3 24
$329.7M
$724.9M
Q2 24
$321.8M
$710.2M
Net Profit
ASB
ASB
NEU
NEU
Q1 26
$119.6M
$118.1M
Q4 25
$137.1M
$81.3M
Q3 25
$124.7M
$100.3M
Q2 25
$111.2M
$111.2M
Q1 25
$101.7M
$125.9M
Q4 24
$-161.6M
$110.7M
Q3 24
$88.0M
$132.3M
Q2 24
$115.6M
$111.6M
Gross Margin
ASB
ASB
NEU
NEU
Q1 26
33.0%
Q4 25
30.0%
Q3 25
30.4%
Q2 25
31.6%
Q1 25
33.7%
Q4 24
31.7%
Q3 24
33.6%
Q2 24
30.8%
Operating Margin
ASB
ASB
NEU
NEU
Q1 26
21.4%
Q4 25
52.6%
17.3%
Q3 25
50.5%
18.9%
Q2 25
46.5%
20.5%
Q1 25
42.3%
22.8%
Q4 24
-65.8%
20.3%
Q3 24
32.8%
23.4%
Q2 24
32.0%
20.7%
Net Margin
ASB
ASB
NEU
NEU
Q1 26
31.2%
17.6%
Q4 25
44.2%
12.8%
Q3 25
40.9%
14.5%
Q2 25
37.1%
15.9%
Q1 25
35.6%
18.0%
Q4 24
-59.8%
16.9%
Q3 24
26.7%
18.3%
Q2 24
35.9%
15.7%
EPS (diluted)
ASB
ASB
NEU
NEU
Q1 26
$0.70
$12.62
Q4 25
$0.80
$8.67
Q3 25
$0.73
$10.67
Q2 25
$0.65
$11.84
Q1 25
$0.59
$13.26
Q4 24
$-1.10
$11.57
Q3 24
$0.56
$13.79
Q2 24
$0.74
$11.63

Balance Sheet & Financial Strength

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

Metric
ASB
ASB
NEU
NEU
Cash + ST InvestmentsLiquidity on hand
$73.2M
Total DebtLower is stronger
$939.6M
Stockholders' EquityBook value
$5.0B
$1.7B
Total Assets
$45.6B
$3.5B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
NEU
NEU
Q1 26
$73.2M
Q4 25
$77.6M
Q3 25
$102.5M
Q2 25
$70.3M
Q1 25
$118.3M
Q4 24
$77.5M
Q3 24
$80.3M
Q2 24
$87.6M
Total Debt
ASB
ASB
NEU
NEU
Q1 26
$939.6M
Q4 25
$1.0B
$883.4M
Q3 25
$594.1M
$783.1M
Q2 25
$593.5M
$841.8M
Q1 25
$591.4M
$990.6M
Q4 24
$1.4B
$971.3M
Q3 24
$844.3M
$1.1B
Q2 24
$536.1M
$1.2B
Stockholders' Equity
ASB
ASB
NEU
NEU
Q1 26
$5.0B
$1.7B
Q4 25
$5.0B
$1.8B
Q3 25
$4.9B
$1.7B
Q2 25
$4.8B
$1.6B
Q1 25
$4.7B
$1.5B
Q4 24
$4.6B
$1.5B
Q3 24
$4.4B
$1.4B
Q2 24
$4.2B
$1.2B
Total Assets
ASB
ASB
NEU
NEU
Q1 26
$45.6B
$3.5B
Q4 25
$45.2B
$3.5B
Q3 25
$44.5B
$3.2B
Q2 25
$44.0B
$3.2B
Q1 25
$43.3B
$3.2B
Q4 24
$43.0B
$3.1B
Q3 24
$42.2B
$3.2B
Q2 24
$41.6B
$3.2B
Debt / Equity
ASB
ASB
NEU
NEU
Q1 26
0.54×
Q4 25
0.20×
0.50×
Q3 25
0.12×
0.46×
Q2 25
0.12×
0.52×
Q1 25
0.13×
0.65×
Q4 24
0.31×
0.66×
Q3 24
0.19×
0.80×
Q2 24
0.13×
0.95×

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%

NEU
NEU

Segment breakdown not available.

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