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ASSOCIATED BANC-CORP（ASB）与UNITED BANKSHARES INC（UBSI）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UNITED BANKSHARES INC的1.2倍（$383.0M vs $318.4M），UNITED BANKSHARES INC净利率更高（40.5% vs 31.2%，领先9.2%），过去两年UNITED BANKSHARES INC的营收复合增速更高（11.8% 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。
United Bankshares Inc（WV）是总部位于美国西弗吉尼亚州的区域性金融控股集团，主要面向大西洋中部及东南部市场运营，为个人、小微企业及企业客户提供存贷款、财富管理、住房按揭等多元化金融服务。
ASB vs UBSI — 直观对比
营收规模更大
ASB
是对方的1.2倍
$318.4M
净利率更高
UBSI
高出9.2%
31.2%
两年增速更快
UBSI
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $383.0M | $318.4M |
| 净利润 | $119.6M | $128.8M |
| 毛利率 | — | — |
| 营业利润率 | — | 50.2% |
| 净利率 | 31.2% | 40.5% |
| 营收同比 | — | 21.6% |
| 净利润同比 | 566.6% | 36.5% |
| 每股收益（稀释后） | $0.70 | $0.91 |
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ASBUBSI
| Q1 26 | $383.0M | — | ||
| Q4 25 | $310.0M | $318.4M | ||
| Q3 25 | $305.2M | $323.3M | ||
| Q2 25 | $300.0M | $306.0M | ||
| Q1 25 | $285.9M | $289.6M | ||
| Q4 24 | $270.3M | $261.9M | ||
| Q3 24 | $329.7M | $262.2M | ||
| Q2 24 | $321.8M | $255.9M |
净利润ASBUBSI
| Q1 26 | $119.6M | — | ||
| Q4 25 | $137.1M | $128.8M | ||
| Q3 25 | $124.7M | $130.7M | ||
| Q2 25 | $111.2M | $120.7M | ||
| Q1 25 | $101.7M | $84.3M | ||
| Q4 24 | $-161.6M | $94.4M | ||
| Q3 24 | $88.0M | $95.3M | ||
| Q2 24 | $115.6M | $96.5M |
营业利润率ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 50.2% | ||
| Q3 25 | 50.5% | 50.9% | ||
| Q2 25 | 46.5% | 49.7% | ||
| Q1 25 | 42.3% | 36.9% | ||
| Q4 24 | -65.8% | 46.2% | ||
| Q3 24 | 32.8% | 45.7% | ||
| Q2 24 | 32.0% | 45.1% |
净利率ASBUBSI
| Q1 26 | 31.2% | — | ||
| Q4 25 | 44.2% | 40.5% | ||
| Q3 25 | 40.9% | 40.4% | ||
| Q2 25 | 37.1% | 39.5% | ||
| Q1 25 | 35.6% | 29.1% | ||
| Q4 24 | -59.8% | 36.0% | ||
| Q3 24 | 26.7% | 36.3% | ||
| Q2 24 | 35.9% | 37.7% |
每股收益（稀释后）ASBUBSI
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.80 | $0.91 | ||
| Q3 25 | $0.73 | $0.92 | ||
| Q2 25 | $0.65 | $0.85 | ||
| Q1 25 | $0.59 | $0.59 | ||
| Q4 24 | $-1.10 | $0.70 | ||
| Q3 24 | $0.56 | $0.70 | ||
| Q2 24 | $0.74 | $0.71 |
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 | — | — |
| 总债务越低越好 | — | $531.8M |
| 股东权益账面价值 | $5.0B | $5.5B |
| 总资产 | $45.6B | $33.7B |
| 负债/权益比越低杠杆越低 | — | 0.10× |
8季度趋势，按日历期对齐
总债务ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $531.8M | ||
| Q3 25 | $594.1M | $250.0M | ||
| Q2 25 | $593.5M | $250.0M | ||
| Q1 25 | $591.4M | $250.0M | ||
| Q4 24 | $1.4B | $540.4M | ||
| Q3 24 | $844.3M | $260.3M | ||
| Q2 24 | $536.1M | $1.2B |
股东权益ASBUBSI
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $5.5B | ||
| Q3 25 | $4.9B | $5.4B | ||
| Q2 25 | $4.8B | $5.4B | ||
| Q1 25 | $4.7B | $5.3B | ||
| Q4 24 | $4.6B | $5.0B | ||
| Q3 24 | $4.4B | $5.0B | ||
| Q2 24 | $4.2B | $4.9B |
总资产ASBUBSI
| Q1 26 | $45.6B | — | ||
| Q4 25 | $45.2B | $33.7B | ||
| Q3 25 | $44.5B | $33.4B | ||
| Q2 25 | $44.0B | $32.8B | ||
| Q1 25 | $43.3B | $32.8B | ||
| Q4 24 | $43.0B | $30.0B | ||
| Q3 24 | $42.2B | $29.9B | ||
| Q2 24 | $41.6B | $30.0B |
负债/权益比ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.10× | ||
| Q3 25 | 0.12× | 0.05× | ||
| Q2 25 | 0.12× | 0.05× | ||
| Q1 25 | 0.13× | 0.05× | ||
| Q4 24 | 0.31× | 0.11× | ||
| Q3 24 | 0.19× | 0.05× | ||
| Q2 24 | 0.13× | 0.25× |
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 | — | $498.9M |
| 自由现金流经营现金流 - 资本支出 | — | $481.2M |
| 自由现金流率自由现金流/营收 | — | 151.1% |
| 资本支出强度资本支出/营收 | — | 5.6% |
| 现金转化率经营现金流/净利润 | — | 3.87× |
| 过去12个月自由现金流最近4个季度 | — | $828.9M |
8季度趋势，按日历期对齐
经营现金流ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | $218.1M | $498.9M | ||
| Q3 25 | $158.0M | $150.6M | ||
| Q2 25 | $141.5M | $89.4M | ||
| Q1 25 | $98.2M | $120.0M | ||
| Q4 24 | $207.1M | $445.5M | ||
| Q3 24 | $105.1M | $123.6M | ||
| Q2 24 | $113.5M | $61.2M |
自由现金流ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | — | $481.2M | ||
| Q3 25 | — | $146.4M | ||
| Q2 25 | — | $85.2M | ||
| Q1 25 | — | $116.1M | ||
| Q4 24 | — | $433.3M | ||
| Q3 24 | — | $122.0M | ||
| Q2 24 | — | $58.2M |
自由现金流率ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | — | 151.1% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 27.8% | ||
| Q1 25 | — | 40.1% | ||
| Q4 24 | — | 165.4% | ||
| Q3 24 | — | 46.5% | ||
| Q2 24 | — | 22.7% |
资本支出强度ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.2% |
现金转化率ASBUBSI
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | 3.87× | ||
| Q3 25 | 1.27× | 1.15× | ||
| Q2 25 | 1.27× | 0.74× | ||
| Q1 25 | 0.97× | 1.42× | ||
| Q4 24 | — | 4.72× | ||
| Q3 24 | 1.19× | 1.30× | ||
| Q2 24 | 0.98× | 0.63× |
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% |
UBSI
暂无分部数据
