ASSOCIATED BANC-CORP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21.57 USD | +0.94% |
|
+4.96% | +0.84% |
| Apr. 25 | Transcript : Associated Banc-Corp, Q1 2024 Earnings Call, Apr 25, 2024 | |
| Apr. 25 | Earnings Flash (ASB) ASSOCIATED BANC- Posts Q1 EPS $0.52, vs. Street Est of $0.49 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,459 | 2,578 | 3,330 | 3,410 | 3,179 | 3,201 | - |
| Enterprise Value (EV) 1 | 3,459 | 2,578 | 3,330 | 3,410 | 3,179 | 3,201 | 3,201 |
| P/E ratio | 11.5 x | 9.17 x | 10.4 x | 9.87 x | 18.9 x | 9.99 x | 9.16 x |
| Yield | 3.13% | 4.22% | 3.36% | 3.51% | 3.97% | 4.1% | 4.21% |
| Capitalization / Revenue | 2.84 x | 2.02 x | 3.15 x | 2.71 x | 2.88 x | 2.38 x | 2.26 x |
| EV / Revenue | 2.84 x | 2.02 x | 3.15 x | 2.71 x | 2.88 x | 2.38 x | 2.26 x |
| EV / EBITDA | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | 0.95 x | 0.7 x | 0.88 x | 0.91 x | 0.81 x | 0.79 x | 0.74 x |
| Nbr of stocks (in thousands) | 156,937 | 151,205 | 147,418 | 147,693 | 148,613 | 148,390 | - |
| Reference price 2 | 22.04 | 17.05 | 22.59 | 23.09 | 21.39 | 21.57 | 21.57 |
| Announcement Date | 1/23/20 | 1/21/21 | 1/20/22 | 1/26/23 | 1/25/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,216 | 1,277 | 1,058 | 1,259 | 1,103 | 1,343 | 1,416 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | 416.6 | 393 | 348 | 493 | 289 | 543.5 | 581.8 |
| Operating Margin | 34.24% | 30.77% | 32.89% | 39.17% | 26.21% | 40.47% | 41.1% |
| Earnings before Tax (EBT) 1 | 407 | 327 | 436.3 | 459.6 | 206.1 | 430.4 | 467.5 |
| Net income 1 | 312 | 288 | 333.9 | 354.6 | 171.5 | 328.9 | 359.8 |
| Net margin | 25.65% | 22.55% | 31.55% | 28.17% | 15.55% | 24.49% | 25.42% |
| EPS 2 | 1.910 | 1.860 | 2.180 | 2.340 | 1.130 | 2.158 | 2.355 |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.6900 | 0.7200 | 0.7600 | 0.8100 | 0.8500 | 0.8840 | 0.9083 |
| Announcement Date | 1/23/20 | 1/21/21 | 1/20/22 | 1/26/23 | 1/25/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 269.9 | 268.3 | 262.2 | 296.3 | 340.1 | 355.6 | 336.1 | 328.3 | 320.8 | 122.4 | 322.8 | 331 | 338.4 | 343.2 | 347.1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 88 | 86 | 88.92 | 110 | 139 | 154 | 149 | 133 | 125 | -117 | 125 | 133.2 | 138.8 | 141.7 | 139.2 |
| Operating Margin | 32.6% | 32.06% | 33.91% | 37.12% | 40.87% | 43.31% | 44.33% | 40.52% | 38.96% | -95.6% | 38.72% | 40.22% | 41.01% | 41.29% | 40.1% |
| Earnings before Tax (EBT) 1 | 111.9 | 92.05 | 92.91 | 110.2 | 122.4 | 134.1 | 130.7 | 110.7 | 102.7 | -138 | 101.2 | 104.5 | 108.9 | 113.1 | 109.5 |
| Net income 1 | 84.66 | 74 | 71.39 | 83.95 | 93.4 | 105.9 | 100.5 | 84.28 | 80.37 | -93.68 | 78.29 | 81.24 | 84.33 | 85.34 | 82.17 |
| Net margin | 31.36% | 27.59% | 27.22% | 28.33% | 27.47% | 29.78% | 29.9% | 25.68% | 25.05% | -76.54% | 24.25% | 24.54% | 24.92% | 24.87% | 23.67% |
| EPS 2 | 0.5600 | 0.4900 | 0.4700 | 0.5600 | 0.6200 | 0.7000 | 0.6600 | 0.5600 | 0.5300 | -0.6200 | 0.5200 | 0.5290 | 0.5471 | 0.5527 | 0.5292 |
| Dividend per Share 2 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2100 | 0.2100 | 0.2100 | 0.2100 | 0.2200 | 0.2200 | 0.2200 | 0.2200 | 0.2240 | 0.2233 |
| Announcement Date | 10/21/21 | 1/20/22 | 4/21/22 | 7/21/22 | 10/20/22 | 1/26/23 | 4/20/23 | 7/20/23 | 10/19/23 | 1/25/24 | 4/25/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 8.44% | 7.78% | 8.6% | 9.21% | 4.45% | 8.06% | 8.38% |
| ROA (Net income/ Total Assets) | 0.99% | 0.9% | 1.02% | 1% | 0.45% | 0.8% | 0.84% |
| Assets 1 | 31,515 | 32,000 | 32,734 | 35,462 | 38,101 | 41,369 | 42,615 |
| Book Value Per Share 2 | 23.30 | 24.30 | 25.70 | 25.40 | 26.40 | 27.40 | 29.10 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - |
| Announcement Date | 1/23/20 | 1/21/21 | 1/20/22 | 1/26/23 | 1/25/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
21.57
USD
Average target price
23.6
USD
Spread / Average Target
+9.41%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +0.84% | 3.2B | |
| +16.61% | 210B | |
| +2.39% | 73.14B | |
| +7.99% | 54.82B | |
| +1.36% | 47.1B | |
| +13.25% | 47B | |
| +19.29% | 44.81B | |
| +10.93% | 36.6B | |
| -16.21% | 35.14B | |
| -96.60% | 32.24B |
- Stock Market
- Equities
- ASB Stock
- Financials Associated Banc-Corp
