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ASSOCIATED BANC-CORP（ASB）与FirstCash Holdings, Inc.（FCFS）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是ASSOCIATED BANC-CORP的1.3倍（$501.3M vs $383.0M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 20.8%，领先10.5%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% 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。
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
ASB vs FCFS — 直观对比
营收规模更大
FCFS
是对方的1.3倍
$383.0M
净利率更高
ASB
高出10.5%
20.8%
两年增速更快
FCFS
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $501.3M |
| 净利润 | $119.6M | $104.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 28.5% |
| 净利率 | 31.2% | 20.8% |
| 营收同比 | — | 21.2% |
| 净利润同比 | 566.6% | 24.7% |
| 每股收益（稀释后） | $0.70 | $2.35 |
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ASBFCFS
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $501.3M | ||
| Q3 25 | $305.2M | $411.0M | ||
| Q2 25 | $300.0M | $385.1M | ||
| Q1 25 | $285.9M | $371.1M | ||
| Q4 24 | $270.3M | $413.7M | ||
| Q3 24 | $329.7M | $363.1M | ||
| Q2 24 | $321.8M | $363.5M |
净利润ASBFCFS
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $104.2M | ||
| Q3 25 | $124.7M | $82.8M | ||
| Q2 25 | $111.2M | $59.8M | ||
| Q1 25 | $101.7M | $83.6M | ||
| Q4 24 | $-161.6M | $83.5M | ||
| Q3 24 | $88.0M | $64.8M | ||
| Q2 24 | $115.6M | $49.1M |
营业利润率ASBFCFS
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 28.5% | ||
| Q3 25 | 50.5% | 27.4% | ||
| Q2 25 | 46.5% | 21.1% | ||
| Q1 25 | 42.3% | 30.0% | ||
| Q4 24 | -65.8% | 26.5% | ||
| Q3 24 | 32.8% | 23.5% | ||
| Q2 24 | 32.0% | 18.2% |
净利率ASBFCFS
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 20.8% | ||
| Q3 25 | 40.9% | 20.1% | ||
| Q2 25 | 37.1% | 15.5% | ||
| Q1 25 | 35.6% | 22.5% | ||
| Q4 24 | -59.8% | 20.2% | ||
| Q3 24 | 26.7% | 17.9% | ||
| Q2 24 | 35.9% | 13.5% |
每股收益（稀释后）ASBFCFS
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $2.35 | ||
| Q3 25 | $0.73 | $1.86 | ||
| Q2 25 | $0.65 | $1.34 | ||
| Q1 25 | $0.59 | $1.87 | ||
| Q4 24 | $-1.10 | $1.86 | ||
| Q3 24 | $0.56 | $1.44 | ||
| Q2 24 | $0.74 | $1.08 |
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 | — | $125.2M |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $5.0B | $2.3B |
| 总资产 | $45.6B | $5.3B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资ASBFCFS
| Q1 26 | — | — | ||
| Q4 25 | — | $125.2M | ||
| Q3 25 | — | $130.2M | ||
| Q2 25 | — | $101.5M | ||
| Q1 25 | — | $146.0M | ||
| Q4 24 | — | $175.1M | ||
| Q3 24 | — | $106.3M | ||
| Q2 24 | — | $113.7M |
总债务ASBFCFS
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $2.2B | ||
| Q3 25 | $594.1M | $2.2B | ||
| Q2 25 | $593.5M | $1.7B | ||
| Q1 25 | $591.4M | $1.7B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $844.3M | $1.7B | ||
| Q2 24 | $536.1M | $1.7B |
股东权益ASBFCFS
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $2.3B | ||
| Q3 25 | $4.9B | $2.2B | ||
| Q2 25 | $4.8B | $2.1B | ||
| Q1 25 | $4.7B | $2.1B | ||
| Q4 24 | $4.6B | $2.1B | ||
| Q3 24 | $4.4B | $2.0B | ||
| Q2 24 | $4.2B | $2.0B |
总资产ASBFCFS
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $5.3B | ||
| Q3 25 | $44.5B | $5.2B | ||
| Q2 25 | $44.0B | $4.5B | ||
| Q1 25 | $43.3B | $4.4B | ||
| Q4 24 | $43.0B | $4.5B | ||
| Q3 24 | $42.2B | $4.4B | ||
| Q2 24 | $41.6B | $4.3B |
负债/权益比ASBFCFS
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.98× | ||
| Q3 25 | 0.12× | 1.01× | ||
| Q2 25 | 0.12× | 0.79× | ||
| Q1 25 | 0.13× | 0.83× | ||
| Q4 24 | 0.31× | 0.85× | ||
| Q3 24 | 0.19× | 0.87× | ||
| Q2 24 | 0.13× | 0.85× |
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 | — | $206.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ASBFCFS
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $206.6M | ||
| Q3 25 | $158.0M | $135.8M | ||
| Q2 25 | $141.5M | $116.9M | ||
| Q1 25 | $98.2M | $126.6M | ||
| Q4 24 | $207.1M | $198.1M | ||
| Q3 24 | $105.1M | $113.1M | ||
| Q2 24 | $113.5M | $106.2M |
现金转化率ASBFCFS
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | 1.98× | ||
| Q3 25 | 1.27× | 1.64× | ||
| Q2 25 | 1.27× | 1.95× | ||
| Q1 25 | 0.97× | 1.51× | ||
| Q4 24 | — | 2.37× | ||
| Q3 24 | 1.19× | 1.74× | ||
| Q2 24 | 0.98× | 2.16× |
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% |
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
