Associated Banc-Corp (ASB)

Associated Banc-Corp Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	474.78	123.15	182.96	366.12	350.99
Depreciation & Amortization	102.14	102.51	94.31	68.88	70.44
Provision for Credit Losses	54	84.99	83.02	33	-88.01
Net Change in Loans Held-for-Sale	-20	-33.11	-28.13	114.92	25.24
Other Adjustments	17.99	158.55	72.02	16.41	-33.25
Changes in Accrued Interest and Accounts Receivable	6.65	1.8	-25.12	-63.92	9.74
Changes in Accounts Payable	-18.91	-0.96	78.54	12.61	-10.68
Changes in Accrued Expenses	-1.06	13.32	16.33	-	24.65
Changes in Other Operating Activities	0.1	-37.78	-130.04	298.55	180.44
Operating Cash Flow	615.69	580.25	442.74	846.57	529.55
Operating Cash Flow Growth	6.11%	31.06%	-47.70%	59.87%	-3.72%
Net Change in Loans Held-for-Investment	-1,449	-1,335	-1,546	-4,579	198.63
Net Change in Securities and Investments	-682.04	-804.58	-642.16	-554.35	-1,664
Proceeds from Business Divestments	564.38	-	844.36	-	2.42
Capital Expenditures	-36.37	-44.99	-61.81	-62.71	-52.28
Other Investing Activities	-21.36	-34.82	-30.26	-58.32	-68.46
Investing Cash Flow	-1,625	-2,219	-1,436	-5,255	-1,584
Net Change in Deposits	904.17	1,202	3,810	1,170	1,984
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	1,443	653.59	-2,664	3,377	83.51
Long-Term Debt Issued	413.82	301.46	294.11	1.78	-
Long-Term Debt Repaid	861.34	601.1	0.6	413.25	294.02
Net Long-Term Debt Issued (Repaid)	1,275	902.55	294.71	415.03	294.02
Issuance of Common Stock	6.89	368.6	4.3	11.06	25.7
Repurchase of Common Stock	29.03	24.52	6.59	6.48	137.8
Net Common Stock Issued (Repurchased)	35.91	393.12	10.89	17.54	163.5
Repurchase of Preferred Stock	-	-	-	-	164.46
Net Preferred Stock Issued (Repurchased)	-	-	-	-	164.46
Common Dividends Paid	-155.77	-139.2	-129.53	-123.14	-116.06
Preferred Share Dividends Paid	-11.5	-11.5	-11.5	-11.5	-17.11
Other Financing Activities	-14.3	-0.94	-0.3	-0.94	-
Financing Cash Flow	1,710	1,735	1,296	4,004	1,364
Net Cash Flow	700.62	95.78	302.37	-404.06	309.47
Free Cash Flow	579.32	535.26	380.93	783.86	477.27
Free Cash Flow Growth	8.23%	40.52%	-51.40%	64.24%	-3.65%
FCF Margin	40.02%	44.10%	29.48%	64.90%	42.39%
Free Cash Flow Per Share	3.48	3.49	2.53	5.21	3.14
Levered Free Cash Flow	1,791	1,048	438.37	1,023	850.2
Unlevered Free Cash Flow	52.55	33.9	-27.8	253.4	222.31

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q