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ASSOCIATED BANC-CORP（ASB）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
ASSOCIATED BANC-CORP的季度营收约是百胜餐饮集团的1.9倍（$383.0M vs $204.1M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 8.9%，领先22.3%），过去两年百胜餐饮集团的营收复合增速更高（19.8% 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。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
ASB vs LCUT — 直观对比
营收规模更大
ASB
是对方的1.9倍
$204.1M
净利率更高
ASB
高出22.3%
8.9%
两年增速更快
LCUT
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $204.1M |
| 净利润 | $119.6M | $18.2M |
| 毛利率 | — | 38.6% |
| 营业利润率 | — | 9.8% |
| 净利率 | 31.2% | 8.9% |
| 营收同比 | — | -5.2% |
| 净利润同比 | 566.6% | 103.5% |
| 每股收益（稀释后） | $0.70 | $0.83 |
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ASBLCUT
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $204.1M | ||
| Q3 25 | $305.2M | $171.9M | ||
| Q2 25 | $300.0M | $131.9M | ||
| Q1 25 | $285.9M | $140.1M | ||
| Q4 24 | $270.3M | $215.2M | ||
| Q3 24 | $329.7M | $183.8M | ||
| Q2 24 | $321.8M | $141.7M |
净利润ASBLCUT
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $18.2M | ||
| Q3 25 | $124.7M | $-1.2M | ||
| Q2 25 | $111.2M | $-39.7M | ||
| Q1 25 | $101.7M | $-4.2M | ||
| Q4 24 | $-161.6M | $8.9M | ||
| Q3 24 | $88.0M | $344.0K | ||
| Q2 24 | $115.6M | $-18.2M |
毛利率ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 38.6% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 38.5% |
营业利润率ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 9.8% | ||
| Q3 25 | 50.5% | 3.9% | ||
| Q2 25 | 46.5% | -28.2% | ||
| Q1 25 | 42.3% | 0.8% | ||
| Q4 24 | -65.8% | 7.2% | ||
| Q3 24 | 32.8% | 4.7% | ||
| Q2 24 | 32.0% | 0.8% |
净利率ASBLCUT
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 8.9% | ||
| Q3 25 | 40.9% | -0.7% | ||
| Q2 25 | 37.1% | -30.1% | ||
| Q1 25 | 35.6% | -3.0% | ||
| Q4 24 | -59.8% | 4.1% | ||
| Q3 24 | 26.7% | 0.2% | ||
| Q2 24 | 35.9% | -12.8% |
每股收益（稀释后）ASBLCUT
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $0.83 | ||
| Q3 25 | $0.73 | $-0.05 | ||
| Q2 25 | $0.65 | $-1.83 | ||
| Q1 25 | $0.59 | $-0.19 | ||
| Q4 24 | $-1.10 | $0.41 | ||
| Q3 24 | $0.56 | $0.02 | ||
| Q2 24 | $0.74 | $-0.85 |
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 | — | $4.3M |
| 总债务越低越好 | — | $135.0M |
| 股东权益账面价值 | $5.0B | $202.3M |
| 总资产 | $45.6B | $572.6M |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | $4.3M | ||
| Q3 25 | — | $12.1M | ||
| Q2 25 | — | $12.0M | ||
| Q1 25 | — | $10.4M | ||
| Q4 24 | — | $2.9M | ||
| Q3 24 | — | $6.0M | ||
| Q2 24 | — | $3.4M |
总债务ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $135.0M | ||
| Q3 25 | $594.1M | — | ||
| Q2 25 | $593.5M | — | ||
| Q1 25 | $591.4M | — | ||
| Q4 24 | $1.4B | $142.5M | ||
| Q3 24 | $844.3M | — | ||
| Q2 24 | $536.1M | — |
股东权益ASBLCUT
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $202.3M | ||
| Q3 25 | $4.9B | $184.6M | ||
| Q2 25 | $4.8B | $185.8M | ||
| Q1 25 | $4.7B | $225.7M | ||
| Q4 24 | $4.6B | $229.9M | ||
| Q3 24 | $4.4B | $220.9M | ||
| Q2 24 | $4.2B | $219.8M |
总资产ASBLCUT
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $572.6M | ||
| Q3 25 | $44.5B | $581.1M | ||
| Q2 25 | $44.0B | $551.9M | ||
| Q1 25 | $43.3B | $594.6M | ||
| Q4 24 | $43.0B | $634.3M | ||
| Q3 24 | $42.2B | $668.7M | ||
| Q2 24 | $41.6B | $617.0M |
负债/权益比ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.67× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.31× | 0.62× | ||
| 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 | — | $3.7M |
| 自由现金流经营现金流 - 资本支出 | — | $2.6M |
| 自由现金流率自由现金流/营收 | — | 1.3% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.21× |
| 过去12个月自由现金流最近4个季度 | — | $3.3M |
8季度趋势，按日历期对齐
经营现金流ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $3.7M | ||
| Q3 25 | $158.0M | $-22.2M | ||
| Q2 25 | $141.5M | $9.3M | ||
| Q1 25 | $98.2M | $16.7M | ||
| Q4 24 | $207.1M | $20.3M | ||
| Q3 24 | $105.1M | $-22.7M | ||
| Q2 24 | $113.5M | $10.4M |
自由现金流ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | $2.6M | ||
| Q3 25 | — | $-22.7M | ||
| Q2 25 | — | $8.2M | ||
| Q1 25 | — | $15.1M | ||
| Q4 24 | — | $19.7M | ||
| Q3 24 | — | $-23.2M | ||
| Q2 24 | — | $9.9M |
自由现金流率ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | -13.2% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | -12.6% | ||
| Q2 24 | — | 7.0% |
资本支出强度ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.4% |
现金转化率ASBLCUT
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | 0.21× | ||
| Q3 25 | 1.27× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 0.97× | — | ||
| Q4 24 | — | 2.28× | ||
| Q3 24 | 1.19× | -65.89× | ||
| Q2 24 | 0.98× | — |
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% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
