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

Seneca Foods Corp is the larger business by last-quarter revenue ($508.3M vs $383.0M, roughly 1.3× ASSOCIATED BANC-CORP). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 8.8%, a 22.4% gap on every dollar of revenue. Over the past eight quarters, Seneca Foods Corp's revenue compounded faster (77.1% 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.

Seneca Foods Corporation is an American food processor and distributor headquartered in Fairport, New York, United States. Seneca Foods Corporation conducts its business almost entirely in food packaging, which contributed to about 98% of the company's fiscal year net sales in 2017. Canned vegetables represented 65%, fruit products represented 23%, frozen fruit and vegetables represented 11% and fruit chip products represented 1% of the total food packaging net sales. Non-food packaging sales...

ASB vs SENEB — Head-to-Head

Bigger by revenue
SENEB
SENEB
1.3× larger
SENEB
$508.3M
$383.0M
ASB
Higher net margin
ASB
ASB
22.4% more per $
ASB
31.2%
8.8%
SENEB
Faster 2-yr revenue CAGR
SENEB
SENEB
Annualised
SENEB
77.1%
9.1%
ASB

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ASB
ASB
SENEB
SENEB
Revenue
$383.0M
$508.3M
Net Profit
$119.6M
$44.8M
Gross Margin
16.4%
Operating Margin
11.8%
Net Margin
31.2%
8.8%
Revenue YoY
1.1%
Net Profit YoY
566.6%
205.4%
EPS (diluted)
$0.70
$6.48

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
SENEB
SENEB
Q1 26
$383.0M
Q4 25
$310.0M
$508.3M
Q3 25
$305.2M
$460.0M
Q2 25
$300.0M
$297.5M
Q1 25
$285.9M
$345.8M
Q4 24
$270.3M
$502.9M
Q3 24
$329.7M
$425.5M
Q2 24
$321.8M
$304.7M
Net Profit
ASB
ASB
SENEB
SENEB
Q1 26
$119.6M
Q4 25
$137.1M
$44.8M
Q3 25
$124.7M
$29.7M
Q2 25
$111.2M
$14.9M
Q1 25
$101.7M
$601.0K
Q4 24
$-161.6M
$14.7M
Q3 24
$88.0M
$13.3M
Q2 24
$115.6M
$12.7M
Gross Margin
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
16.4%
Q3 25
13.4%
Q2 25
14.1%
Q1 25
4.5%
Q4 24
9.8%
Q3 24
10.1%
Q2 24
14.0%
Operating Margin
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
52.6%
11.8%
Q3 25
50.5%
9.0%
Q2 25
46.5%
7.8%
Q1 25
42.3%
0.6%
Q4 24
-65.8%
5.1%
Q3 24
32.8%
5.8%
Q2 24
32.0%
8.3%
Net Margin
ASB
ASB
SENEB
SENEB
Q1 26
31.2%
Q4 25
44.2%
8.8%
Q3 25
40.9%
6.5%
Q2 25
37.1%
5.0%
Q1 25
35.6%
0.2%
Q4 24
-59.8%
2.9%
Q3 24
26.7%
3.1%
Q2 24
35.9%
4.2%
EPS (diluted)
ASB
ASB
SENEB
SENEB
Q1 26
$0.70
Q4 25
$0.80
$6.48
Q3 25
$0.73
$4.29
Q2 25
$0.65
$2.14
Q1 25
$0.59
$0.10
Q4 24
$-1.10
$2.10
Q3 24
$0.56
$1.90
Q2 24
$0.74
$1.80

Balance Sheet & Financial Strength

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

Metric
ASB
ASB
SENEB
SENEB
Cash + ST InvestmentsLiquidity on hand
$33.3M
Total DebtLower is stronger
$275.8M
Stockholders' EquityBook value
$5.0B
$713.9M
Total Assets
$45.6B
$1.2B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
$33.3M
Q3 25
$18.1M
Q2 25
$12.1M
Q1 25
$42.7M
Q4 24
$5.3M
Q3 24
$9.5M
Q2 24
$5.5M
Total Debt
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
$1.0B
$275.8M
Q3 25
$594.1M
$280.2M
Q2 25
$593.5M
$293.9M
Q1 25
$591.4M
$369.9M
Q4 24
$1.4B
$416.2M
Q3 24
$844.3M
$504.6M
Q2 24
$536.1M
$572.1M
Stockholders' Equity
ASB
ASB
SENEB
SENEB
Q1 26
$5.0B
Q4 25
$5.0B
$713.9M
Q3 25
$4.9B
$672.9M
Q2 25
$4.8B
$644.2M
Q1 25
$4.7B
$633.0M
Q4 24
$4.6B
$612.8M
Q3 24
$4.4B
$598.9M
Q2 24
$4.2B
$588.9M
Total Assets
ASB
ASB
SENEB
SENEB
Q1 26
$45.6B
Q4 25
$45.2B
$1.2B
Q3 25
$44.5B
$1.4B
Q2 25
$44.0B
$1.2B
Q1 25
$43.3B
$1.2B
Q4 24
$43.0B
$1.2B
Q3 24
$42.2B
$1.5B
Q2 24
$41.6B
$1.4B
Debt / Equity
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
0.20×
0.39×
Q3 25
0.12×
0.42×
Q2 25
0.12×
0.46×
Q1 25
0.13×
0.58×
Q4 24
0.31×
0.68×
Q3 24
0.19×
0.84×
Q2 24
0.13×
0.97×

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
SENEB
SENEB
Operating Cash FlowLast quarter
$31.1M
Free Cash FlowOCF − Capex
$22.9M
FCF MarginFCF / Revenue
4.5%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters
$168.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
$218.1M
$31.1M
Q3 25
$158.0M
$29.3M
Q2 25
$141.5M
$53.7M
Q1 25
$98.2M
$91.9M
Q4 24
$207.1M
$117.7M
Q3 24
$105.1M
$75.5M
Q2 24
$113.5M
$50.3M
Free Cash Flow
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
$22.9M
Q3 25
$21.8M
Q2 25
$42.4M
Q1 25
$81.4M
Q4 24
$108.7M
Q3 24
$70.0M
Q2 24
$38.3M
FCF Margin
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
4.5%
Q3 25
4.7%
Q2 25
14.3%
Q1 25
23.5%
Q4 24
21.6%
Q3 24
16.4%
Q2 24
12.6%
Capex Intensity
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
1.6%
Q3 25
1.6%
Q2 25
3.8%
Q1 25
3.0%
Q4 24
1.8%
Q3 24
1.3%
Q2 24
4.0%
Cash Conversion
ASB
ASB
SENEB
SENEB
Q1 26
Q4 25
1.59×
0.70×
Q3 25
1.27×
0.99×
Q2 25
1.27×
3.61×
Q1 25
0.97×
152.87×
Q4 24
8.03×
Q3 24
1.19×
5.68×
Q2 24
0.98×
3.98×

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%

SENEB
SENEB

Canned Vegetables$430.2M85%
Fruit$34.6M7%
Frozen$29.3M6%
Manufactured Product Other$10.8M2%
Snack$3.4M1%

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