Company Quick10K Filing
Associated BancCorp
10-Q 2020-03-31 Filed 2020-05-11
10-K 2019-12-31 Filed 2020-02-11
10-Q 2019-09-30 Filed 2019-10-31
10-Q 2019-06-30 Filed 2019-07-30
10-Q 2019-03-31 Filed 2019-04-30
10-K 2018-12-31 Filed 2019-02-19
10-Q 2018-09-30 Filed 2018-10-26
10-Q 2018-06-30 Filed 2018-07-26
10-Q 2018-03-31 Filed 2018-04-30
10-K 2017-12-31 Filed 2018-02-06
10-Q 2017-09-30 Filed 2017-10-26
10-Q 2017-06-30 Filed 2017-07-28
10-Q 2017-03-31 Filed 2017-04-27
10-K 2016-12-31 Filed 2017-02-06
10-Q 2016-09-30 Filed 2016-10-27
10-Q 2016-06-30 Filed 2016-07-28
10-Q 2016-03-31 Filed 2016-04-28
10-K 2015-12-31 Filed 2016-02-05
10-Q 2015-09-30 Filed 2015-10-30
10-Q 2015-06-30 Filed 2015-07-30
10-Q 2015-03-31 Filed 2015-05-01
10-K 2014-12-31 Filed 2015-02-05
10-Q 2014-09-30 Filed 2014-10-31
10-Q 2014-06-30 Filed 2014-08-04
10-Q 2014-03-31 Filed 2014-05-02
10-K 2013-12-31 Filed 2014-02-05
10-Q 2013-09-30 Filed 2013-11-01
10-Q 2013-06-30 Filed 2013-08-02
10-Q 2013-03-31 Filed 2013-05-03
10-K 2012-12-31 Filed 2013-02-15
10-Q 2012-09-30 Filed 2012-11-05
10-Q 2012-06-30 Filed 2012-08-03
10-Q 2012-03-31 Filed 2012-05-07
10-K 2011-12-31 Filed 2012-02-28
10-Q 2011-09-30 Filed 2011-11-04
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-06
10-K 2010-12-31 Filed 2011-02-15
10-Q 2010-09-30 Filed 2010-11-04
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-02-16
8-K 2020-05-20
8-K 2020-05-04 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2020-04-28 Officers, Shareholder Vote, Other Events, Exhibits
8-K 2020-04-23 Earnings, Exhibits
8-K 2020-02-11
8-K 2020-01-23
8-K 2019-11-12
8-K 2019-11-06
8-K 2019-11-04
8-K 2019-10-24
8-K 2019-09-06
8-K 2019-07-30
8-K 2019-07-25
8-K 2019-04-30
8-K 2019-04-30
8-K 2019-04-25
8-K 2019-02-13
8-K 2019-02-04 Amend Bylaw, Exhibits
8-K 2019-01-24
8-K 2018-12-10 Regulation FD, Other Events, Exhibits
8-K 2018-11-02
8-K 2018-10-23 Amend Bylaw, Exhibits
8-K 2018-10-18
8-K 2018-09-21 Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2018-09-18 Other Events, Exhibits
8-K 2018-09-12
8-K 2018-07-31
8-K 2018-07-19
8-K 2018-05-07
8-K 2018-05-02
8-K 2018-04-24
8-K 2018-04-19
8-K 2018-02-07
8-K 2018-02-01 M&A, Officers, Other Events, Exhibits
8-K 2018-01-25

Associated BancCorp Financials

ASB Metrics, Comps, Filings

Quarterly | Annual

Business

Associated Banc-Corp (individually referred to herein as the "Parent Company" and together with all of its subsidiaries and affiliates, collectively referred to herein as the "Corporation," "Associated," "we," "us," and "our") is a bank holding company registered pursuant to the Bank Holding Company Act of 1956, as amended (the "BHC Act"). Our bank subsidiary, Associated Bank, National Association ("Associated Bank" or the "Bank") traces its history back to the founding of the Bank of Neenah in 1861. We were incorporated in Wisconsin in 1964 and were inactive until 1969 when permission was received from the Board of Governors of the Federal Reserve System (the "Federal Reserve" or "FRB") to acquire three banks. At December 31, 2018, we owned one nationally chartered commercial bank headquartered in Green Bay, Wisconsin, which serves local communities across the upper Midwest, one nationally chartered trust company headquartered in Wisconsin, and 13 limited purpose banking and nonbanking subsidiaries either located in or conducting business primarily in our three-state footprint (Wisconsin, Illinois, and Minnesota) that are closely related or incidental to the business of banking or financial in nature. Measured by total assets reported at December 31, 2018, we are the largest commercial bank holding company headquartered in Wisconsin and one of the top 50, publicly traded, bank holding companies headquartered in the U.S.

On December 11, 2018, the Corporation announced that Associated Bank had reached an agreement to acquire the Wisconsin branch banking operations of The Huntington National Bank, a subsidiary of Huntington Bancshares Incorporated. Under the terms of the transaction, Associated Bank will acquire approximately $850 million in deposits, $134 million in loans, and 32 branch locations, for a net premium of approximately $34 million, representing approximately 4% of the deposits. The transaction is subject to customary closing conditions, and is expected to close in June 2019.

Through Associated Bank and various nonbanking subsidiaries, we provide a broad array of banking and nonbanking products and services to individuals and businesses through 236 banking branches at December 31, 2018 serving more than 100 communities, primarily within our three state branch footprint. The Huntington National Bank branch acquisition will add a net 14 branches to our franchise and will expand our presence into 13 new communities. Our business is primarily relationship-driven and is organized into three reportable segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
United Bankshares (UBSI) 3,949 11.0 1% 19,751 16,397 0 0 261 511 5,622
Wintrust Financial (WTFC) 3,774 0% 4.3 1% 34,912 31,372 1,088 0 349 780 3,325
Glacier Bancorp (GBCI) 3,727 0% 11.3 1% 13,719 11,765 55 0 203 294 3,320
FNB (FNB) 3,714 5.7 1% 34,329 29,509 0 0 392 778 4,445
Valley National Bancorp (VLY) 3,707 5.8 1% 33,766 30,207 0 0 349 937 5,460
First Hawaiian (FHB) 3,620 0% 6.6 1% 20,598 17,944 580 0 217 373 2,476
Bank of Hawaii (BOH) 3,497 11.5 1% 17,672 16,381 0 0 168 281 3,236
Hancock Whitney (HWC) 3,479 13.1 0% 30,544 26,957 0 0 0 249 3,258
Associated BancCorp (ASB) 3,366 0% 5.4 1% 32,596 28,676 923 0 255 629 3,403
MB Financial (MBFI) 3,338 12.1 1% 20,207 17,172 0 0 138 252 3,037
TCF Financial (TCF) 3,265 8.0 1% 24,419 21,773 0 0 224 583 4,642
Community Bank System (CBU) 3,242 11.1 1% 11,597 9,757 0 0 126 201 2,228
Investors Bancorp (ISBC) 3,165 0% 4.6 1% 26,725 23,794 18 0 180 641 2,970
Centerstate Bank (CSFL) 3,145 8.4 1% 17,420 14,563 0 0 155 276 2,308
Home Bancshares (HOMB) 3,138 12.1 0% 14,902 12,433 0 0 0 224 2,696
UMB Financial (UMBF) 3,097 4.3 1% 24,143 21,579 0 0 177 439 1,904
Washington Federal (WAFD) 3,026 5.5 1% 16,475 14,442 0 0 210 475 2,607
Old National Bancorp (ONB) 3,004 0% 5.9 1% 20,439 17,606 98 0 237 441 2,584
CVB Financial (CVBF) 2,932 8.9 2% 11,333 9,366 0 0 200 281 2,495
Cathay General Bancorp (CATY) 2,832 0% 4.0 2% 18,005 15,759 23 0 276 535 2,168

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302013-03-312013-12-312014-03-312014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash2,5492,5398687991,0956657125999534276026231,032847517410611375478610642689570492716433471546877646557760
Accounts Receivable
Inventory
PP&E181181191186193208225225239255554269550275274271554332331330642333328330653381361359694362432436
Assets22,76022,52521,78621,47422,04821,90321,91422,08122,73823,27824,22724,80626,82227,06927,18527,46727,71528,17929,03929,15329,13929,11029,76930,06530,48433,36733,65333,48933,64833,70133,27332,596
Accounts Payable
Long-Term Debt1,8441,7141,4141,4841,5781,6211,2251,2071,3639383,0872,9323,9763,4883,2252,7402,7282,8613,5112,7622,7622,7623,2623,1473,3973,2334987953,470796796797
Liabilities19,57419,32418,62718,27919,04919,05219,01319,17119,78820,34221,33621,90524,02224,18724,28124,51324,77825,19626,00926,05626,04825,96526,57826,86127,24629,65429,88229,69229,86729,86529,37328,676
Stockholders' Equity3,1863,2013,1593,1952,9992,8512,9012,9102,9502,9362,8912,9012,8002,8822,9042,9542,9372,9823,0303,0973,0913,1453,1923,2043,2373,7133,7703,7973,7813,8363,9003,921
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302013-03-312013-12-312014-03-312014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue225231236230237240238248253250253255259274272260266276272300319308307309307
Cost of Revenue
Gross Profit
R&D
SG&A54556655555576887566788778778
Tax-91-43810172121202121222222161921242421263419181522221921
Net Income-314142343414343464745474949434349545556586550698986878583
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302013-03-312013-12-312014-03-312014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating10415519776-30112124821337418951272283302221170129181424373186-1484400
Cash Investing162-1,14774-262-18110-348-316-220-588-334-509-430-526-714-226-175-40-842-302-213-350-167133-1631,131613
Cash Financing-277-679-340482-218-27111588-2245361328319740573356-15-8259320629524131-244-54-1,304-810