Associated Banc-Corp (ASB) — Financial statements
Income statement, balance sheet, and cash flow for Associated Banc-Corp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,459↑16.8% | 2,105↑4.4% | 2,016↑41.8% | 1,422↑26.8% | 1,121 | |
| Cost of Revenue | 1,026↓11.6% | 1,160↑15.9% | 1,002↑353.3% | 221↑1509.3% | -16 | |
| Gross Profit | 1,434↑51.8% | 944↓6.9% | 1,014↓15.5% | 1,201↑5.6% | 1,137 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 597↑13.4% | 526↓1.7% | 535↑12.3% | 477↑7.2% | 445 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 28↓0.9% | 28↑11.3% | 26↑20.7% | 21 | |
| SG&A Expenses | 597↑7.7% | 555↓1.6% | 564↑12.3% | 502↑7.8% | 466 | |
| Other Expenses | 259↑1.3% | 255↑4.5% | 244↑2.3% | 239↑1.7% | 235 | |
| Operating Expenses | 856↑5.6% | 810↑0.2% | 808↑9.1% | 741↑5.8% | 701 | |
| Total Costs & Expenses | 1,881↓4.5% | 1,970↑8.9% | 1,810↑88.1% | 962↑40.4% | 685 | |
| Operating Results | ||||||
| Operating Income | 578↑329.8% | 134↓34.7% | 206↓55.2% | 460↑5.3% | 436 | |
| Depreciation & Amortization | 0.00↓100.0% | 103↑8.7% | 94↑36.9% | 69↓2.2% | 70 | |
| EBITDA | 578↑143.9% | 237↓21.1% | 300↓43.2% | 529↑4.3% | 507 | |
| EBIT | 578↑329.8% | 134↓34.7% | 206↓55.2% | 460↑5.3% | 436 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,201↑14.7% | 1,047↑0.7% | 1,040↑8.6% | 957↑31.9% | 726 | |
| Interest Income | 2,173↑2.4% | 2,123↑8.4% | 1,958↑71.0% | 1,145↑43.5% | 798 | |
| Interest Expense | 972↓9.7% | 1,075↑17.1% | 918↑388.7% | 188↑159.8% | 72 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 578↑329.8% | 134↓34.7% | 206↓55.2% | 460↑5.3% | 436 | |
| Income Tax Expense | 103↑811.6% | 11↓51.0% | 23↓75.3% | 94↑9.6% | 85 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 475↑285.5% | 123↓32.7% | 183↓50.0% | 366↑4.3% | 351 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 475↑285.5% | 123↓32.7% | 183↓50.0% | 366↑4.3% | 351 | |
| Bottom-Line Net Income | 463↑315.0% | 112↓34.9% | 171↓51.7% | 355↑6.2% | 334 | |
| EPS (Basic) | 2.81↑284.9% | 0.73↓36.0% | 1.14↓51.7% | 2.36↑7.3% | 2.20 | |
| EPS (Diluted) | 2.77↑284.7% | 0.72↓36.3% | 1.13↓51.7% | 2.34↑7.3% | 2.18 | |
| Weighted Average Shares | 165↑8.7% | 152↑1.3% | 150↑0.5% | 149↓1.1% | 151 | |
| Weighted Average Diluted Shares | 167↑8.7% | 153↑1.6% | 151↑0.2% | 150↓1.0% | 152 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.