Revenue
$1.10B
Fiscal year ended 2023-12-31Net income
$182.96M
Fiscal year ended 2023-12-31Total assets
$41.02B
Fiscal year ended 2023-12-31ASSOCIATED BANC-CORP (ASB) reported revenue of $1.10B and net income of $182.96M for the fiscal year ended 2023-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from ASSOCIATED BANC-CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.24B | $1.06B | $1.28B | $1.22B | $1.24B | $1.07B | $1.06B | $1.01B | $971.83M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $182.96M | $366.12M | $350.99M | $306.77M | $326.79M | $333.56M | $229.26M | $200.27M | $188.30M | $190.51M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 150.86M | shares 150.50M | shares 151.99M | shares 153.64M | shares 161.93M | shares 169.73M | shares 153.65M | shares 149.96M | shares 150.60M | shares 158.25M |
| Pretax income | $206.05M | $459.63M | $436.31M | $326.97M | $406.51M | $413.35M | $338.77M | $287.60M | $269.79M | $276.04M |
| Income tax expense | $23.10M | $93.51M | $85.31M | $20.20M | $79.72M | $79.79M | $109.50M | $87.32M | $81.49M | $85.54M |
| Diluted EPS | $1.13 | $2.34 | $2.18 | $1.86 | $1.91 | $1.89 | $1.42 | $1.26 | $1.19 | $1.16 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $876.70M | $716.02M | $642.23M | $473.68M | $1.03B |
| Total assets | $41.02B | $39.41B | $35.10B | $33.42B | $32.39B | $33.62B | $30.48B | $29.14B | $27.71B | $26.82B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $36.84B | $35.39B | $31.08B | $29.33B | $28.46B | $29.83B | $27.25B | $26.05B | $24.77B | $24.02B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $4.17B | $4.02B | $4.02B | $4.09B | $3.92B | $3.78B | $3.24B | $3.09B | $2.94B | $2.80B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $1.10B | $1.10B | $1.10B | $1.11B | $1.18B | $1.17B | $976.24M | $971.95M | $968.84M | $929.17M |
| Long-term debt | $541.27M | $248.07M | $249.32M | $549.46M | $549.34M | $795.61M | $497.28M | $2.76B | $2.68B | $3.93B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $442.74M | $846.57M | $529.55M | $550.02M | $574.26M | $496.57M | $458.37M | $641.38M | $301.21M | $199.51M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$1.44B | -$5.25B | -$1.58B | -$793.74M | $1.62B | -$380.87M | -$1.40B | -$1.65B | -$1.53B | -$2.12B |
| Financing cash flow | $1.30B | $4.00B | $1.36B | $371.02M | -$2.48B | $44.98M | $1.01B | $1.18B | $674.23M | $2.35B |
| Net change in cash | $302.37M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $73.78M | $168.55M | -$558.38M | $429.82M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $129.53M | $123.14M | $116.06M | $112.02M | $111.80M | $105.52M | $76.42M | $67.86M | $62.40M | $58.71M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $0 | $108.60M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $48.25M | $46.97M | $45.43M | $47.17M | $50.28M |
Derived
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | -11.0% | 17.1% | -17.1% | 5.0% | -1.5% | 15.0% | 1.3% | 5.4% | 3.5% | Unavailable |
| Net margin | Unavailable | Unavailable | 33.2% | 24.0% | 26.9% | 27.0% | 21.3% | 18.9% | 18.7% | 19.6% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 11.2% | 20.3% | 19.6% | 6.2% | 19.6% | 19.3% | 32.3% | 30.4% | 30.2% | 31.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ASB in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-04-28View SEC filing
10-K · Filed 2026-02-12View SEC filing
10-Q · Filed 2025-10-28View SEC filing
10-Q · Filed 2025-07-29View SEC filing
10-Q · Filed 2025-04-29View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.