Associated Banc-Corp (NYSE: ASB) financial statements
The consolidated income statement, balance sheet and cash flow statement of Associated Banc-Corp for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $45,203m in total assets and $4,975m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1,488m | $1,038m | $1,103m | $1,240m | $1,058m | $1,277m | $1,216m | $1,235m | $1,074m | $1,060m |
| Operating profit | $577.9m | $134.5m | $206.1m | $459.6m | $436.3m | $327.0m | $406.5m | $413.3m | $338.8m | $287.6m |
| Finance costs | $971.6m | $1,075m | $918.5m | $187.9m | $72.3m | $149.9m | $336.9m | $274.6m | $145.4m | $84.3m |
| Profit before tax | $577.9m | $134.5m | $206.1m | $459.6m | $436.3m | $327.0m | $406.5m | $413.3m | $338.8m | $287.6m |
| Income tax | $103.1m | $11.3m | $23.1m | $93.5m | $85.3m | $20.2m | $79.7m | $79.8m | $109.5m | $87.3m |
| Net profit | $474.8m | $123.1m | $183.0m | $366.1m | $351.0m | $306.8m | $326.8m | $333.6m | $229.3m | $200.3m |
| Earnings per share | $2.79 | $0.73 | $1.14 | $2.36 | $2.20 | $1.87 | $1.93 | $1.92 | $1.45 | $1.27 |
| Diluted earnings per share | $2.77 | $0.72 | $1.13 | $2.34 | $2.18 | $1.86 | $1.91 | $1.89 | $1.42 | $1.26 |
| Depreciation and amortisation | $59.2m | $57.7m | $55.8m | $53.9m | $55.4m | $60.8m | $68.1m | $48.3m | $47.0m | $45.4m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $45,203m | $43,023m | $41,016m | $39,406m | $35,104m | $33,420m | $32,386m | $33,615m | $30,484m | $29,139m |
| Property, plant and equipment | $381.6m | $379.1m | $373.0m | $376.9m | $385.2m | $418.9m | $435.3m | $363.2m | $331.0m | $330.3m |
| Goodwill | $1,105m | $1,105m | $1,105m | $1,105m | $1,105m | $1,109m | $1,176m | $1,169m | $976.2m | $972.0m |
| Cash | $1,720m | $1,020m | $923.8m | $621.5m | $1,026m | $716.0m | $588.7m | $876.7m | $716.0m | $642.2m |
| Total liabilities | $40,227m | $38,418m | $36,842m | $35,390m | $31,079m | $29,329m | $28,464m | $29,834m | $27,246m | $26,048m |
| Equity | $4,975m | $4,606m | $4,174m | $4,015m | $4,025m | $4,091m | $3,922m | $3,781m | $3,237m | $3,091m |
| Equity including minorities | $4,975m | $4,606m | $4,174m | $4,015m | $4,025m | $4,091m | $3,922m | $3,781m | $3,237m | $3,091m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $615.7m | $580.2m | $442.7m | $846.6m | $529.6m | $550.0m | $574.3m | $496.6m | $458.4m | $641.4m |
| Investing cash flow | −$1,625m | −$2,219m | −$1,436m | −$5,255m | −$1,584m | −$793.7m | $1,617m | −$380.9m | −$1,397m | −$1,653m |
| Financing cash flow | $1,710m | $1,735m | $1,296m | $4,004m | $1,364m | $371.0m | −$2,480m | $45.0m | $1,012m | $1,180m |
| Dividends paid | −$155.8m | −$139.2m | −$129.5m | −$123.1m | −$116.1m | −$112.0m | −$111.8m | −$105.5m | −$76.4m | −$67.9m |
Where each figure comes from
From the annual report (Form 10-K) that Associated Banc-Corp files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Associated Banc-Corp page.
Dividend per share of Associated Banc-Corp by fiscal year, with the filing behind every figure: Associated Banc-Corp dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.