Associated Banc-Corp (ASB): Price and Financial Metrics

ASB POWR Grades

• ASB scores best on the Momentum dimension, with a Momentum rank ahead of 93.67% of US stocks.
• The strongest trend for ASB is in Stability, which has been heading up over the past 169 days.
• ASB ranks lowest in Growth; there it ranks in the 9th percentile.

ASB Stock Summary

• ASB's went public 36.1 years ago, making it older than 92.71% of listed US stocks we're tracking.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 9.03 for Associated Banc-Corp; that's greater than it is for 89.4% of US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ASB comes in at 41.96% -- higher than that of 95.2% of stocks in our set.
• Stocks that are quantitatively similar to ASB, based on their financial statements, market capitalization, and price volatility, are TRST, WSBF, FCF, FSFG, and CTBI.
• ASB's SEC filings can be seen here. And to visit Associated Banc-Corp's official web site, go to www.associatedbank.com.

ASB Valuation Summary

• ASB's price/sales ratio is 3; this is 150% higher than that of the median Financial Services stock.
• ASB's price/earnings ratio has moved down 1.8 over the prior 243 months.
• ASB's price/sales ratio has moved down 1.1 over the prior 243 months.

Below are key valuation metrics over time for ASB.

ASB Growth Metrics

Its 3 year price growth rate is now at 24.67%.
• Its year over year net cashflow from operations growth rate is now at 28.2%.
• Its 3 year net income to common stockholders growth rate is now at 92.31%.

Over the past 49 months, ASB's revenue has gone up $95,007,000.

The table below shows ASB's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-09-30	1,128.682	491.101	321.675
2021-06-30	1,053.607	494.102	277.027
2021-03-31	1,149.007	727.871	335.469
2020-12-31	1,103.006	550.02	288.413
2020-09-30	1,139.371	527.334	294.919
2020-06-30	1,229.9	789.91	334.451

ASB's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ASB has a Quality Grade of C, ranking ahead of 35.08% of graded US stocks.
• ASB's asset turnover comes in at 0.033 -- ranking 322nd of 428 Banking stocks.
• NWFL, FBNC, and FXNC are the stocks whose asset turnover ratios are most correlated with ASB.

The table below shows ASB's key quality metrics over time.