vs
ASSOCIATED BANC-CORP（ASB）与MACOM Technology Solutions Holdings, Inc.（MTSI）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MACOM Technology Solutions Holdings, Inc.的1.4倍（$383.0M vs $271.6M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 18.0%，领先13.3%），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% 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。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
ASB vs MTSI — 直观对比
营收规模更大
ASB
是对方的1.4倍
$271.6M
净利率更高
ASB
高出13.3%
18.0%
两年增速更快
MTSI
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $271.6M |
| 净利润 | $119.6M | $48.8M |
| 毛利率 | — | 55.9% |
| 营业利润率 | — | 15.9% |
| 净利率 | 31.2% | 18.0% |
| 营收同比 | — | 24.5% |
| 净利润同比 | 566.6% | 129.1% |
| 每股收益（稀释后） | $0.70 | $0.64 |
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ASBMTSI
| Q1 26 | $383.0M | $271.6M | ||
| Q4 25 | $310.0M | $261.2M | ||
| Q3 25 | $305.2M | $252.1M | ||
| Q2 25 | $300.0M | $235.9M | ||
| Q1 25 | $285.9M | $218.1M | ||
| Q4 24 | $270.3M | — | ||
| Q3 24 | $329.7M | $200.7M | ||
| Q2 24 | $321.8M | $190.5M |
净利润ASBMTSI
| Q1 26 | $119.6M | $48.8M | ||
| Q4 25 | $137.1M | $45.1M | ||
| Q3 25 | $124.7M | $36.5M | ||
| Q2 25 | $111.2M | $31.7M | ||
| Q1 25 | $101.7M | $-167.5M | ||
| Q4 24 | $-161.6M | — | ||
| Q3 24 | $88.0M | $29.4M | ||
| Q2 24 | $115.6M | $19.9M |
毛利率ASBMTSI
| Q1 26 | — | 55.9% | ||
| Q4 25 | — | 54.5% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 55.2% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 54.7% | ||
| Q2 24 | — | 53.2% |
营业利润率ASBMTSI
| Q1 26 | — | 15.9% | ||
| Q4 25 | 52.6% | 15.2% | ||
| Q3 25 | 50.5% | 14.9% | ||
| Q2 25 | 46.5% | 14.8% | ||
| Q1 25 | 42.3% | 8.0% | ||
| Q4 24 | -65.8% | — | ||
| Q3 24 | 32.8% | 13.7% | ||
| Q2 24 | 32.0% | 10.4% |
净利率ASBMTSI
| Q1 26 | 31.2% | 18.0% | ||
| Q4 25 | 44.2% | 17.3% | ||
| Q3 25 | 40.9% | 14.5% | ||
| Q2 25 | 37.1% | 13.4% | ||
| Q1 25 | 35.6% | -76.8% | ||
| Q4 24 | -59.8% | — | ||
| Q3 24 | 26.7% | 14.7% | ||
| Q2 24 | 35.9% | 10.5% |
每股收益（稀释后）ASBMTSI
| Q1 26 | $0.70 | $0.64 | ||
| Q4 25 | $0.80 | $0.67 | ||
| Q3 25 | $0.73 | $0.48 | ||
| Q2 25 | $0.65 | $0.42 | ||
| Q1 25 | $0.59 | $-2.30 | ||
| Q4 24 | $-1.10 | — | ||
| Q3 24 | $0.56 | $0.40 | ||
| Q2 24 | $0.74 | $0.27 |
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 | — | $768.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $1.4B |
| 总资产 | $45.6B | $2.1B |
| 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ASBMTSI
| Q1 26 | — | $768.5M | ||
| Q4 25 | — | $786.0M | ||
| Q3 25 | — | $735.2M | ||
| Q2 25 | — | $681.5M | ||
| Q1 25 | — | $656.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $581.9M | ||
| Q2 24 | — | $521.5M |
总债务ASBMTSI
| 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ASBMTSI
| Q1 26 | $5.0B | $1.4B | ||
| Q4 25 | $5.0B | $1.3B | ||
| Q3 25 | $4.9B | $1.3B | ||
| Q2 25 | $4.8B | $1.2B | ||
| Q1 25 | $4.7B | $1.2B | ||
| Q4 24 | $4.6B | — | ||
| Q3 24 | $4.4B | $1.1B | ||
| Q2 24 | $4.2B | $1.1B |
总资产ASBMTSI
| Q1 26 | $45.6B | $2.1B | ||
| Q4 25 | $45.2B | $2.1B | ||
| Q3 25 | $44.5B | $2.0B | ||
| Q2 25 | $44.0B | $1.9B | ||
| Q1 25 | $43.3B | $1.8B | ||
| Q4 24 | $43.0B | — | ||
| Q3 24 | $42.2B | $1.8B | ||
| Q2 24 | $41.6B | $1.7B |
负债/权益比ASBMTSI
| 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 | — | $42.9M |
| 自由现金流经营现金流 - 资本支出 | — | $30.0M |
| 自由现金流率自由现金流/营收 | — | 11.0% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | — | $161.5M |
8季度趋势，按日历期对齐
经营现金流ASBMTSI
| Q1 26 | — | $42.9M | ||
| Q4 25 | $218.1M | $69.6M | ||
| Q3 25 | $158.0M | $60.4M | ||
| Q2 25 | $141.5M | $38.7M | ||
| Q1 25 | $98.2M | $66.7M | ||
| Q4 24 | $207.1M | — | ||
| Q3 24 | $105.1M | $62.3M | ||
| Q2 24 | $113.5M | $49.0M |
自由现金流ASBMTSI
| Q1 26 | — | $30.0M | ||
| Q4 25 | — | $49.4M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $30.5M | ||
| Q1 25 | — | $61.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $57.1M | ||
| Q2 24 | — | $41.5M |
自由现金流率ASBMTSI
| Q1 26 | — | 11.0% | ||
| Q4 25 | — | 18.9% | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 28.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 28.5% | ||
| Q2 24 | — | 21.8% |
资本支出强度ASBMTSI
| Q1 26 | — | 4.8% | ||
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 3.9% |
现金转化率ASBMTSI
| Q1 26 | — | 0.88× | ||
| Q4 25 | 1.59× | 1.54× | ||
| Q3 25 | 1.27× | 1.65× | ||
| Q2 25 | 1.27× | 1.22× | ||
| Q1 25 | 0.97× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.19× | 2.12× | ||
| Q2 24 | 0.98× | 2.46× |
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% |
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
