vs
ASSOCIATED BANC-CORP（ASB）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）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SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的1.2倍（$383.0M vs $331.3M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 0.0%，领先31.2%），过去两年ASSOCIATED BANC-CORP的营收复合增速更高（9.1% vs -5.4%）
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。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
ASB vs SPWH — 直观对比
营收规模更大
ASB
是对方的1.2倍
$331.3M
净利率更高
ASB
高出31.2%
0.0%
两年增速更快
ASB
近两年复合增速
-5.4%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $331.3M |
| 净利润 | $119.6M | $8.0K |
| 毛利率 | — | 32.8% |
| 营业利润率 | — | 1.3% |
| 净利率 | 31.2% | 0.0% |
| 营收同比 | — | 2.2% |
| 净利润同比 | 566.6% | -97.8% |
| 每股收益（稀释后） | $0.70 | $0.00 |
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ASBSPWH
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $331.3M | ||
| Q3 25 | $305.2M | $293.9M | ||
| Q2 25 | $300.0M | $249.1M | ||
| Q1 25 | $285.9M | $340.4M | ||
| Q4 24 | $270.3M | $324.3M | ||
| Q3 24 | $329.7M | $288.7M | ||
| Q2 24 | $321.8M | $244.2M |
净利润ASBSPWH
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $8.0K | ||
| Q3 25 | $124.7M | $-7.1M | ||
| Q2 25 | $111.2M | $-21.3M | ||
| Q1 25 | $101.7M | $-8.7M | ||
| Q4 24 | $-161.6M | $-364.0K | ||
| Q3 24 | $88.0M | $-5.9M | ||
| Q2 24 | $115.6M | $-18.1M |
毛利率ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 32.0% | ||
| Q2 25 | — | 30.4% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | — | 31.2% | ||
| Q2 24 | — | 30.2% |
营业利润率ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 1.3% | ||
| Q3 25 | 50.5% | -1.1% | ||
| Q2 25 | 46.5% | -7.9% | ||
| Q1 25 | 42.3% | 1.1% | ||
| Q4 24 | -65.8% | 1.0% | ||
| Q3 24 | 32.8% | -1.5% | ||
| Q2 24 | 32.0% | -8.4% |
净利率ASBSPWH
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 0.0% | ||
| Q3 25 | 40.9% | -2.4% | ||
| Q2 25 | 37.1% | -8.5% | ||
| Q1 25 | 35.6% | -2.6% | ||
| Q4 24 | -59.8% | -0.1% | ||
| Q3 24 | 26.7% | -2.0% | ||
| Q2 24 | 35.9% | -7.4% |
每股收益（稀释后）ASBSPWH
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $0.00 | ||
| Q3 25 | $0.73 | $-0.18 | ||
| Q2 25 | $0.65 | $-0.56 | ||
| Q1 25 | $0.59 | $-0.22 | ||
| Q4 24 | $-1.10 | $-0.01 | ||
| Q3 24 | $0.56 | $-0.16 | ||
| Q2 24 | $0.74 | $-0.48 |
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 | — | $2.2M |
| 总债务越低越好 | — | $44.0M |
| 股东权益账面价值 | $5.0B | $209.5M |
| 总资产 | $45.6B | $913.9M |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2M | ||
| Q3 25 | — | $1.8M | ||
| Q2 25 | — | $3.6M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | $2.7M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $2.2M |
总债务ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $44.0M | ||
| Q3 25 | $594.1M | $43.9M | ||
| Q2 25 | $593.5M | $24.1M | ||
| Q1 25 | $591.4M | $24.1M | ||
| Q4 24 | $1.4B | $24.0M | ||
| Q3 24 | $844.3M | $24.0M | ||
| Q2 24 | $536.1M | — |
股东权益ASBSPWH
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $209.5M | ||
| Q3 25 | $4.9B | $208.9M | ||
| Q2 25 | $4.8B | $215.1M | ||
| Q1 25 | $4.7B | $235.7M | ||
| Q4 24 | $4.6B | $243.6M | ||
| Q3 24 | $4.4B | $243.0M | ||
| Q2 24 | $4.2B | $247.5M |
总资产ASBSPWH
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $913.9M | ||
| Q3 25 | $44.5B | $948.9M | ||
| Q2 25 | $44.0B | $929.7M | ||
| Q1 25 | $43.3B | $852.1M | ||
| Q4 24 | $43.0B | $967.7M | ||
| Q3 24 | $42.2B | $901.9M | ||
| Q2 24 | $41.6B | $930.4M |
负债/权益比ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.21× | ||
| Q3 25 | 0.12× | 0.21× | ||
| Q2 25 | 0.12× | 0.11× | ||
| Q1 25 | 0.13× | 0.10× | ||
| Q4 24 | 0.31× | 0.10× | ||
| Q3 24 | 0.19× | 0.10× | ||
| 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 | — | $16.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.7M |
| 自由现金流率自由现金流/营收 | — | 2.6% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 现金转化率经营现金流/净利润 | — | 2038.00× |
| 过去12个月自由现金流最近4个季度 | — | $-39.7M |
8季度趋势，按日历期对齐
经营现金流ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $16.3M | ||
| Q3 25 | $158.0M | $-26.6M | ||
| Q2 25 | $141.5M | $-60.2M | ||
| Q1 25 | $98.2M | $52.8M | ||
| Q4 24 | $207.1M | $-2.5M | ||
| Q3 24 | $105.1M | $18.5M | ||
| Q2 24 | $113.5M | $-34.6M |
自由现金流ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | — | $8.7M | ||
| Q3 25 | — | $-33.9M | ||
| Q2 25 | — | $-64.0M | ||
| Q1 25 | — | $49.6M | ||
| Q4 24 | — | $-6.2M | ||
| Q3 24 | — | $14.1M | ||
| Q2 24 | — | $-38.0M |
自由现金流率ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | -11.5% | ||
| Q2 25 | — | -25.7% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | -15.5% |
资本支出强度ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.4% |
现金转化率ASBSPWH
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | 2038.00× | ||
| Q3 25 | 1.27× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 0.97× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.19× | — | ||
| 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% |
SPWH
暂无分部数据
