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ASSOCIATED BANC-CORP（ASB）与Forestar Group Inc.（FOR）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Forestar Group Inc.的1.4倍（$383.0M vs $273.0M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 5.6%，领先25.6%），过去两年ASSOCIATED BANC-CORP的营收复合增速更高（9.1% vs -9.6%）
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。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
ASB vs FOR — 直观对比
营收规模更大
ASB
是对方的1.4倍
$273.0M
净利率更高
ASB
高出25.6%
5.6%
两年增速更快
ASB
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $273.0M |
| 净利润 | $119.6M | $15.4M |
| 毛利率 | — | 20.1% |
| 营业利润率 | — | 7.6% |
| 净利率 | 31.2% | 5.6% |
| 营收同比 | — | 9.0% |
| 净利润同比 | 566.6% | -6.7% |
| 每股收益（稀释后） | $0.70 | $0.30 |
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ASBFOR
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $273.0M | ||
| Q3 25 | $305.2M | $670.5M | ||
| Q2 25 | $300.0M | $390.5M | ||
| Q1 25 | $285.9M | $351.0M | ||
| Q4 24 | $270.3M | $250.4M | ||
| Q3 24 | $329.7M | $551.3M | ||
| Q2 24 | $321.8M | $318.4M |
净利润ASBFOR
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $15.4M | ||
| Q3 25 | $124.7M | $86.9M | ||
| Q2 25 | $111.2M | $32.9M | ||
| Q1 25 | $101.7M | $31.6M | ||
| Q4 24 | $-161.6M | $16.5M | ||
| Q3 24 | $88.0M | $81.5M | ||
| Q2 24 | $115.6M | $38.7M |
毛利率ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% |
营业利润率ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 7.6% | ||
| Q3 25 | 50.5% | 16.9% | ||
| Q2 25 | 46.5% | 11.2% | ||
| Q1 25 | 42.3% | 11.6% | ||
| Q4 24 | -65.8% | 8.7% | ||
| Q3 24 | 32.8% | 19.7% | ||
| Q2 24 | 32.0% | 16.2% |
净利率ASBFOR
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 5.6% | ||
| Q3 25 | 40.9% | 13.0% | ||
| Q2 25 | 37.1% | 8.4% | ||
| Q1 25 | 35.6% | 9.0% | ||
| Q4 24 | -59.8% | 6.6% | ||
| Q3 24 | 26.7% | 14.8% | ||
| Q2 24 | 35.9% | 12.2% |
每股收益（稀释后）ASBFOR
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $0.30 | ||
| Q3 25 | $0.73 | $1.70 | ||
| Q2 25 | $0.65 | $0.65 | ||
| Q1 25 | $0.59 | $0.62 | ||
| Q4 24 | $-1.10 | $0.32 | ||
| Q3 24 | $0.56 | $1.59 | ||
| Q2 24 | $0.74 | $0.76 |
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 | — | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $5.0B | $1.8B |
| 总资产 | $45.6B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | — | $211.7M | ||
| Q3 25 | — | $379.2M | ||
| Q2 25 | — | $189.2M | ||
| Q1 25 | — | $174.3M | ||
| Q4 24 | — | $132.0M | ||
| Q3 24 | — | $481.2M | ||
| Q2 24 | — | $359.2M |
总债务ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $793.2M | ||
| Q3 25 | $594.1M | $802.7M | ||
| Q2 25 | $593.5M | $872.8M | ||
| Q1 25 | $591.4M | $872.5M | ||
| Q4 24 | $1.4B | $806.8M | ||
| Q3 24 | $844.3M | $706.4M | ||
| Q2 24 | $536.1M | $706.1M |
股东权益ASBFOR
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $1.8B | ||
| Q3 25 | $4.9B | $1.8B | ||
| Q2 25 | $4.8B | $1.7B | ||
| Q1 25 | $4.7B | $1.6B | ||
| Q4 24 | $4.6B | $1.6B | ||
| Q3 24 | $4.4B | $1.6B | ||
| Q2 24 | $4.2B | $1.5B |
总资产ASBFOR
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $3.2B | ||
| Q3 25 | $44.5B | $3.1B | ||
| Q2 25 | $44.0B | $3.1B | ||
| Q1 25 | $43.3B | $3.0B | ||
| Q4 24 | $43.0B | $3.0B | ||
| Q3 24 | $42.2B | $2.8B | ||
| Q2 24 | $41.6B | $2.7B |
负债/权益比ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.44× | ||
| Q3 25 | 0.12× | 0.45× | ||
| Q2 25 | 0.12× | 0.52× | ||
| Q1 25 | 0.13× | 0.53× | ||
| Q4 24 | 0.31× | 0.50× | ||
| Q3 24 | 0.19× | 0.44× | ||
| Q2 24 | 0.13× | 0.47× |
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 | — | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-157.1M |
| 自由现金流率自由现金流/营收 | — | -57.5% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 现金转化率经营现金流/净利润 | — | -10.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.0M |
8季度趋势，按日历期对齐
经营现金流ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $-157.0M | ||
| Q3 25 | $158.0M | $256.3M | ||
| Q2 25 | $141.5M | $15.8M | ||
| Q1 25 | $98.2M | $-19.8M | ||
| Q4 24 | $207.1M | $-450.0M | ||
| Q3 24 | $105.1M | $119.2M | ||
| Q2 24 | $113.5M | $-61.7M |
自由现金流ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | — | $-157.1M | ||
| Q3 25 | — | $255.6M | ||
| Q2 25 | — | $15.0M | ||
| Q1 25 | — | $-20.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $-62.3M |
自由现金流率ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | — | -57.5% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | -19.6% |
资本支出强度ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.2% |
现金转化率ASBFOR
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | -10.19× | ||
| Q3 25 | 1.27× | 2.95× | ||
| Q2 25 | 1.27× | 0.48× | ||
| Q1 25 | 0.97× | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | 1.19× | 1.46× | ||
| Q2 24 | 0.98× | -1.59× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
