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ASSOCIATED BANC-CORP（ASB）与Ecovyst Inc.（ECVT）财务数据对比。点击上方公司名可切换其他公司
ASSOCIATED BANC-CORP的季度营收约是Ecovyst Inc.的1.9倍（$383.0M vs $199.4M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 9.1%）
联合银行集团（Associated Banc-Corp）是美国区域性银行控股公司，总部位于威斯康星州格林贝，深耕美国中西部地区，主营零售银行、商业银行、商业地产贷款、私人银行及特色金融服务，在威斯康星州、伊利诺伊州、明尼苏达州设有220多个营业网点，覆盖100多个社区，还在印第安纳、密歇根等多州设有贷款办事处。
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
ASB vs ECVT — 直观对比
营收规模更大
ASB
是对方的1.9倍
$199.4M
两年增速更快
ECVT
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $199.4M |
| 净利润 | $119.6M | — |
| 毛利率 | — | 23.4% |
| 营业利润率 | — | 10.9% |
| 净利率 | 31.2% | — |
| 营收同比 | — | 34.0% |
| 净利润同比 | 566.6% | — |
| 每股收益（稀释后） | $0.70 | $0.06 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ASBECVT
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $199.4M | ||
| Q3 25 | $305.2M | $204.9M | ||
| Q2 25 | $300.0M | $176.1M | ||
| Q1 25 | $285.9M | $143.1M | ||
| Q4 24 | $270.3M | $148.9M | ||
| Q3 24 | $329.7M | $153.9M | ||
| Q2 24 | $321.8M | $154.0M |
净利润ASBECVT
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | — | ||
| Q3 25 | $124.7M | $-79.3M | ||
| Q2 25 | $111.2M | $6.0M | ||
| Q1 25 | $101.7M | $-3.6M | ||
| Q4 24 | $-161.6M | — | ||
| Q3 24 | $88.0M | $14.3M | ||
| Q2 24 | $115.6M | $8.3M |
毛利率ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | — | 23.4% | ||
| Q3 25 | — | 25.4% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 13.3% | ||
| Q4 24 | — | 28.9% | ||
| Q3 24 | — | 29.3% | ||
| Q2 24 | — | 27.3% |
营业利润率ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 10.9% | ||
| Q3 25 | 50.5% | 13.8% | ||
| Q2 25 | 46.5% | 9.0% | ||
| Q1 25 | 42.3% | -0.7% | ||
| Q4 24 | -65.8% | 15.1% | ||
| Q3 24 | 32.8% | 17.9% | ||
| Q2 24 | 32.0% | 14.1% |
净利率ASBECVT
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | — | ||
| Q3 25 | 40.9% | -38.7% | ||
| Q2 25 | 37.1% | 3.4% | ||
| Q1 25 | 35.6% | -2.5% | ||
| Q4 24 | -59.8% | — | ||
| Q3 24 | 26.7% | 9.3% | ||
| Q2 24 | 35.9% | 5.4% |
每股收益（稀释后）ASBECVT
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $0.06 | ||
| Q3 25 | $0.73 | $-0.69 | ||
| Q2 25 | $0.65 | $0.05 | ||
| Q1 25 | $0.59 | $-0.03 | ||
| Q4 24 | $-1.10 | $-0.26 | ||
| Q3 24 | $0.56 | $0.12 | ||
| Q2 24 | $0.74 | $0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $197.2M |
| 总债务越低越好 | — | $392.6M |
| 股东权益账面价值 | $5.0B | $603.4M |
| 总资产 | $45.6B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | — | $197.2M | ||
| Q3 25 | — | $82.0M | ||
| Q2 25 | — | $69.6M | ||
| Q1 25 | — | $127.5M | ||
| Q4 24 | — | $131.4M | ||
| Q3 24 | — | $123.5M | ||
| Q2 24 | — | $83.3M |
总债务ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $392.6M | ||
| Q3 25 | $594.1M | $854.8M | ||
| Q2 25 | $593.5M | $856.6M | ||
| Q1 25 | $591.4M | $859.0M | ||
| Q4 24 | $1.4B | $860.8M | ||
| Q3 24 | $844.3M | $862.7M | ||
| Q2 24 | $536.1M | $862.4M |
股东权益ASBECVT
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $603.4M | ||
| Q3 25 | $4.9B | $607.9M | ||
| Q2 25 | $4.8B | $692.4M | ||
| Q1 25 | $4.7B | $698.7M | ||
| Q4 24 | $4.6B | $700.5M | ||
| Q3 24 | $4.4B | $729.4M | ||
| Q2 24 | $4.2B | $717.3M |
总资产ASBECVT
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $1.3B | ||
| Q3 25 | $44.5B | $1.7B | ||
| Q2 25 | $44.0B | $1.8B | ||
| Q1 25 | $43.3B | $1.8B | ||
| Q4 24 | $43.0B | $1.8B | ||
| Q3 24 | $42.2B | $1.8B | ||
| Q2 24 | $41.6B | $1.8B |
负债/权益比ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.65× | ||
| Q3 25 | 0.12× | 1.41× | ||
| Q2 25 | 0.12× | 1.24× | ||
| Q1 25 | 0.13× | 1.23× | ||
| Q4 24 | 0.31× | 1.23× | ||
| Q3 24 | 0.19× | 1.18× | ||
| Q2 24 | 0.13× | 1.20× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $41.8M |
| 自由现金流经营现金流 - 资本支出 | — | $22.9M |
| 自由现金流率自由现金流/营收 | — | 11.5% |
| 资本支出强度资本支出/营收 | — | 9.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $69.9M |
8季度趋势，按日历期对齐
经营现金流ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $41.8M | ||
| Q3 25 | $158.0M | $55.3M | ||
| Q2 25 | $141.5M | $33.0M | ||
| Q1 25 | $98.2M | $10.3M | ||
| Q4 24 | $207.1M | $43.5M | ||
| Q3 24 | $105.1M | $59.9M | ||
| Q2 24 | $113.5M | $10.0M |
自由现金流ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | — | $22.9M | ||
| Q3 25 | — | $53.2M | ||
| Q2 25 | — | $7.8M | ||
| Q1 25 | — | $-14.0M | ||
| Q4 24 | — | $30.9M | ||
| Q3 24 | — | $53.6M | ||
| Q2 24 | — | $-9.3M |
自由现金流率ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | -9.8% | ||
| Q4 24 | — | 20.7% | ||
| Q3 24 | — | 34.9% | ||
| Q2 24 | — | -6.1% |
资本支出强度ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 14.4% | ||
| Q1 25 | — | 16.9% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 12.5% |
现金转化率ASBECVT
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | — | ||
| Q3 25 | 1.27× | — | ||
| Q2 25 | 1.27× | 5.52× | ||
| Q1 25 | 0.97× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.19× | 4.21× | ||
| Q2 24 | 0.98× | 1.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ASB
| Net Interest Income | $307.2M | 80% |
| Noninterest Income | $75.9M | 20% |
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
