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ASSOCIATED BANC-CORP（ASB）与HAVERTY FURNITURE COMPANIES INC（HVT）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HAVERTY FURNITURE COMPANIES INC的1.9倍（$383.0M vs $201.9M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 4.2%，领先27.0%），过去两年ASSOCIATED BANC-CORP的营收复合增速更高（9.1% vs 4.8%）
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。
该企业原名为国际鞋业公司，1911年由两家鞋企合并成立于美国密苏里州克莱顿，后开展多元化业务并逐步退出制鞋领域，最终更名为家具品牌国际，是美国家居行业知名企业，曾拥有布罗伊希尔等多个知名家具品牌。
ASB vs HVT — 直观对比
营收规模更大
ASB
是对方的1.9倍
$201.9M
净利率更高
ASB
高出27.0%
4.2%
两年增速更快
ASB
近两年复合增速
4.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $201.9M |
| 净利润 | $119.6M | $8.5M |
| 毛利率 | — | 60.4% |
| 营业利润率 | — | 5.3% |
| 净利率 | 31.2% | 4.2% |
| 营收同比 | — | 9.5% |
| 净利润同比 | 566.6% | 4.1% |
| 每股收益（稀释后） | $0.70 | — |
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ASBHVT
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $201.9M | ||
| Q3 25 | $305.2M | $194.5M | ||
| Q2 25 | $300.0M | $181.0M | ||
| Q1 25 | $285.9M | $181.6M | ||
| Q4 24 | $270.3M | $184.4M | ||
| Q3 24 | $329.7M | $175.9M | ||
| Q2 24 | $321.8M | $178.6M |
净利润ASBHVT
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $8.5M | ||
| Q3 25 | $124.7M | $4.7M | ||
| Q2 25 | $111.2M | $2.7M | ||
| Q1 25 | $101.7M | $3.8M | ||
| Q4 24 | $-161.6M | $8.2M | ||
| Q3 24 | $88.0M | $4.9M | ||
| Q2 24 | $115.6M | $4.4M |
毛利率ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | — | 60.4% | ||
| Q3 25 | — | 60.3% | ||
| Q2 25 | — | 60.8% | ||
| Q1 25 | — | 61.2% | ||
| Q4 24 | — | 61.9% | ||
| Q3 24 | — | 60.2% | ||
| Q2 24 | — | 60.4% |
营业利润率ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 5.3% | ||
| Q3 25 | 50.5% | 3.3% | ||
| Q2 25 | 46.5% | 2.4% | ||
| Q1 25 | 42.3% | 2.9% | ||
| Q4 24 | -65.8% | 5.2% | ||
| Q3 24 | 32.8% | 3.9% | ||
| Q2 24 | 32.0% | 3.6% |
净利率ASBHVT
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 4.2% | ||
| Q3 25 | 40.9% | 2.4% | ||
| Q2 25 | 37.1% | 1.5% | ||
| Q1 25 | 35.6% | 2.1% | ||
| Q4 24 | -59.8% | 4.4% | ||
| Q3 24 | 26.7% | 2.8% | ||
| Q2 24 | 35.9% | 2.5% |
每股收益（稀释后）ASBHVT
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | — | ||
| Q3 25 | $0.73 | — | ||
| Q2 25 | $0.65 | — | ||
| Q1 25 | $0.59 | — | ||
| Q4 24 | $-1.10 | — | ||
| Q3 24 | $0.56 | — | ||
| Q2 24 | $0.74 | — |
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 | — | $125.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $307.9M |
| 总资产 | $45.6B | $649.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | — | $125.3M | ||
| Q3 25 | — | $130.5M | ||
| Q2 25 | — | $107.4M | ||
| Q1 25 | — | $111.9M | ||
| Q4 24 | — | $120.0M | ||
| Q3 24 | — | $121.2M | ||
| Q2 24 | — | $109.9M |
总债务ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $594.1M | — | ||
| Q2 25 | $593.5M | — | ||
| Q1 25 | $591.4M | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $844.3M | — | ||
| Q2 24 | $536.1M | — |
股东权益ASBHVT
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $307.9M | ||
| Q3 25 | $4.9B | $306.0M | ||
| Q2 25 | $4.8B | $304.9M | ||
| Q1 25 | $4.7B | $305.4M | ||
| Q4 24 | $4.6B | $307.6M | ||
| Q3 24 | $4.4B | $307.8M | ||
| Q2 24 | $4.2B | $307.1M |
总资产ASBHVT
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $649.1M | ||
| Q3 25 | $44.5B | $651.7M | ||
| Q2 25 | $44.0B | $642.7M | ||
| Q1 25 | $43.3B | $642.7M | ||
| Q4 24 | $43.0B | $648.7M | ||
| Q3 24 | $42.2B | $659.3M | ||
| Q2 24 | $41.6B | $642.1M |
负债/权益比ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 0.13× | — |
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 | — | $7.4M |
| 自由现金流经营现金流 - 资本支出 | — | $3.0M |
| 自由现金流率自由现金流/营收 | — | 1.5% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | — | 0.86× |
| 过去12个月自由现金流最近4个季度 | — | $33.0M |
8季度趋势，按日历期对齐
经营现金流ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $7.4M | ||
| Q3 25 | $158.0M | $31.9M | ||
| Q2 25 | $141.5M | $7.2M | ||
| Q1 25 | $98.2M | $6.2M | ||
| Q4 24 | $207.1M | $16.9M | ||
| Q3 24 | $105.1M | $24.4M | ||
| Q2 24 | $113.5M | $14.4M |
自由现金流ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | — | $3.0M | ||
| Q3 25 | — | $28.3M | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $27.0K | ||
| Q4 24 | — | $9.1M | ||
| Q3 24 | — | $16.1M | ||
| Q2 24 | — | $4.9M |
自由现金流率ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 14.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 2.7% |
资本支出强度ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 5.3% |
现金转化率ASBHVT
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | 0.86× | ||
| Q3 25 | 1.27× | 6.75× | ||
| Q2 25 | 1.27× | 2.69× | ||
| Q1 25 | 0.97× | 1.63× | ||
| Q4 24 | — | 2.06× | ||
| Q3 24 | 1.19× | 4.96× | ||
| Q2 24 | 0.98× | 3.25× |
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% |
HVT
| Upholstery | $91.0M | 45% |
| Bedroom Furniture | $29.2M | 14% |
| Accessories And Other | $28.4M | 14% |
| Dining Room Furniture | $22.8M | 11% |
| Mattresses | $16.1M | 8% |
| Occasional | $14.4M | 7% |
