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ASSOCIATED BANC-CORP（ASB）与Natural Grocers by Vitamin Cottage, Inc.（NGVC）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Natural Grocers by Vitamin Cottage, Inc.的1.1倍（$383.0M vs $335.6M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 3.4%，领先27.9%），过去两年ASSOCIATED BANC-CORP的营收复合增速更高（9.1% vs 4.4%）
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。
Natural Grocers by Vitamin Cottage, Inc.是美国本土的特色零售连锁企业，主营认证有机食品、膳食补充剂、天然个护及环保家居类产品，面向健康意识较强的消费群体，门店覆盖美国多州，执行严格品控标准，拒绝售卖含人工添加剂的商品。
ASB vs NGVC — 直观对比
营收规模更大
ASB
是对方的1.1倍
$335.6M
净利率更高
ASB
高出27.9%
3.4%
两年增速更快
ASB
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $335.6M |
| 净利润 | $119.6M | $11.3M |
| 毛利率 | — | 29.5% |
| 营业利润率 | — | 4.4% |
| 净利率 | 31.2% | 3.4% |
| 营收同比 | — | 1.6% |
| 净利润同比 | 566.6% | 14.0% |
| 每股收益（稀释后） | $0.70 | $0.49 |
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ASBNGVC
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $335.6M | ||
| Q3 25 | $305.2M | $336.1M | ||
| Q2 25 | $300.0M | $328.7M | ||
| Q1 25 | $285.9M | $335.8M | ||
| Q4 24 | $270.3M | $330.2M | ||
| Q3 24 | $329.7M | $322.7M | ||
| Q2 24 | $321.8M | $309.1M |
净利润ASBNGVC
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $11.3M | ||
| Q3 25 | $124.7M | $11.8M | ||
| Q2 25 | $111.2M | $11.6M | ||
| Q1 25 | $101.7M | $13.1M | ||
| Q4 24 | $-161.6M | $9.9M | ||
| Q3 24 | $88.0M | $9.0M | ||
| Q2 24 | $115.6M | $9.2M |
毛利率ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | — | 29.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.2% |
营业利润率ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 4.4% | ||
| Q3 25 | 50.5% | 4.6% | ||
| Q2 25 | 46.5% | 4.7% | ||
| Q1 25 | 42.3% | 5.2% | ||
| Q4 24 | -65.8% | 4.0% | ||
| Q3 24 | 32.8% | 3.7% | ||
| Q2 24 | 32.0% | 4.2% |
净利率ASBNGVC
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 3.4% | ||
| Q3 25 | 40.9% | 3.5% | ||
| Q2 25 | 37.1% | 3.5% | ||
| Q1 25 | 35.6% | 3.9% | ||
| Q4 24 | -59.8% | 3.0% | ||
| Q3 24 | 26.7% | 2.8% | ||
| Q2 24 | 35.9% | 3.0% |
每股收益（稀释后）ASBNGVC
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $0.49 | ||
| Q3 25 | $0.73 | $0.51 | ||
| Q2 25 | $0.65 | $0.50 | ||
| Q1 25 | $0.59 | $0.56 | ||
| Q4 24 | $-1.10 | $0.43 | ||
| Q3 24 | $0.56 | $0.38 | ||
| Q2 24 | $0.74 | $0.40 |
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 | — | $23.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $220.0M |
| 总资产 | $45.6B | $668.6M |
| 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ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $17.1M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $6.3M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $13.9M |
总债务ASBNGVC
| 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ASBNGVC
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $220.0M | ||
| Q3 25 | $4.9B | $212.4M | ||
| Q2 25 | $4.8B | $202.5M | ||
| Q1 25 | $4.7B | $193.0M | ||
| Q4 24 | $4.6B | $181.9M | ||
| Q3 24 | $4.4B | $174.3M | ||
| Q2 24 | $4.2B | $167.8M |
总资产ASBNGVC
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $668.6M | ||
| Q3 25 | $44.5B | $670.5M | ||
| Q2 25 | $44.0B | $659.0M | ||
| Q1 25 | $43.3B | $664.6M | ||
| Q4 24 | $43.0B | $648.9M | ||
| Q3 24 | $42.2B | $655.5M | ||
| Q2 24 | $41.6B | $654.4M |
负债/权益比ASBNGVC
| 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 | — | $21.1M |
| 自由现金流经营现金流 - 资本支出 | — | $11.6M |
| 自由现金流率自由现金流/营收 | — | 3.4% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | — | 1.86× |
| 过去12个月自由现金流最近4个季度 | — | $42.6M |
8季度趋势，按日历期对齐
经营现金流ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $21.1M | ||
| Q3 25 | $158.0M | $15.6M | ||
| Q2 25 | $141.5M | $2.9M | ||
| Q1 25 | $98.2M | $34.1M | ||
| Q4 24 | $207.1M | $2.7M | ||
| Q3 24 | $105.1M | $24.5M | ||
| Q2 24 | $113.5M | $12.4M |
自由现金流ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $-4.2M | ||
| Q1 25 | — | $27.6M | ||
| Q4 24 | — | $-6.9M | ||
| Q3 24 | — | $18.0M | ||
| Q2 24 | — | $3.6M |
自由现金流率ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | -1.3% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | -2.1% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 1.2% |
资本支出强度ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 2.9% |
现金转化率ASBNGVC
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | 1.86× | ||
| Q3 25 | 1.27× | 1.32× | ||
| Q2 25 | 1.27× | 0.25× | ||
| Q1 25 | 0.97× | 2.60× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | 1.19× | 2.72× | ||
| Q2 24 | 0.98× | 1.35× |
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% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
