Associated Banc-Corp (ASB)

NYSE: ASB · IEX Real-Time Price · USD
21.51
+0.25 (1.18%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

ASB has a market cap or net worth of $3.22 billion. The enterprise value is $5.10 billion.

Market Cap 3.22B
Enterprise Value 5.10B

Important Dates

The next confirmed earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Feb 29, 2024

Share Statistics

ASB has 151.09 million shares outstanding. The number of shares has increased by 0.24% in one year.

Shares Outstanding 151.09M
Shares Change (YoY) +0.24%
Shares Change (QoQ) -0.32%
Owned by Insiders (%) 0.80%
Owned by Institutions (%) 84.98%
Float 147.15M

Valuation Ratios

The trailing PE ratio is 19.04 and the forward PE ratio is 10.05. ASB's PEG ratio is 2.27.

PE Ratio 19.04
Forward PE 10.05
PS Ratio 3.15
Forward PS 2.38
PB Ratio 0.81
P/FCF Ratio 8.44
PEG Ratio 2.27
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.16, with an EV/FCF ratio of 13.39.

EV / Earnings 29.75
EV / Sales 5.00
EV / EBITDA 20.16
EV / EBIT 24.75
EV / FCF 13.39

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.71
Debt / EBITDA 11.10
Debt / FCF 7.37
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 4.30% and return on invested capital (ROIC) is 2.70%.

Return on Equity (ROE) 4.30%
Return on Assets (ROA) 0.40%
Return on Capital (ROIC) 2.70%
Revenue Per Employee $247,568
Profits Per Employee $41,626
Employee Count 4,119
Asset Turnover 0.03
Inventory Turnover n/a

Taxes

In the past 12 months, ASB has paid $23.10 million in taxes.

Income Tax 23.10M
Effective Tax Rate 11.87%

Stock Price Statistics

The stock price has increased by +19.24% in the last 52 weeks. The beta is 0.99, so ASB's price volatility has been similar to the market average.

Beta (1Y) 0.99
52-Week Price Change +19.24%
50-Day Moving Average 20.81
200-Day Moving Average 18.65
Relative Strength Index (RSI) 60.30
Average Volume (30 Days) 1,480,567

Short Selling Information

The latest short interest is 4.06 million, so 2.68% of the outstanding shares have been sold short.

Short Interest 4.06M
Short Previous Month 3.91M
Short % of Shares Out 2.68%
Short % of Float 2.76%
Short Ratio (days to cover) 2.99

Income Statement

In the last 12 months, ASB had revenue of $1.02 billion and earned $171.46 million in profits. Earnings per share was $1.13.

Revenue 1.02B
Gross Profit 1.02B
Operating Income 206.05M
Pretax Income 206.05M
Net Income 171.46M
EBITDA 253.04M
EBIT 206.05M
Earnings Per Share (EPS) $1.13
Full Income Statement

Balance Sheet

The company has $923.82 million in cash and $2.81 billion in debt, giving a net cash position of -$1.88 billion or -$12.47 per share.

Cash & Cash Equivalents 923.82M
Total Debt 2.81B
Net Cash -1.88B
Net Cash Per Share -$12.47
Equity / Book Value 3.98B
Book Value Per Share 26.34
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $442.74 million and capital expenditures -$61.81 million, giving a free cash flow of $380.93 million.

Operating Cash Flow 442.74M
Capital Expenditures -61.81M
Free Cash Flow 380.93M
FCF Per Share $2.54
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 20.21% and 16.81%.

Gross Margin 100.00%
Operating Margin 20.21%
Pretax Margin 20.21%
Profit Margin 16.81%
EBITDA Margin 24.81%
EBIT Margin 20.21%
FCF Margin 37.36%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 4.09%.

Dividend Per Share $0.88
Dividend Yield 4.09%
Dividend Growth (YoY) 4.88%
Years of Dividend Growth 12
Payout Ratio 77.88%
Buyback Yield -0.24%
Shareholder Yield 3.85%
Earnings Yield 5.33%
FCF Yield 11.84%
Dividend Details

Analyst Forecast

The average price target for ASB is $22.50, which is 4.60% higher than the current price. The consensus rating is "Hold".

Price Target $22.50
Price Target Difference 4.60%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 13, 2004. It was a forward split with a ratio of 3:2.

Last Split Date May 13, 2004
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 4