ASB · Associated Banc-Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adj. ROATCE non-GAAP | 13.95% | Second Quarter 2026 | — |
| Adjusted efficiency ratio non-GAAP | 52.91% | 2Q26 | — |
| Adjusted net income available to common equity for adjusted earnings per share non-GAAP | $139.69M | 2Q26 | — |
GAAP → non-GAAP reconciliationGAAP Net income available to common equity 120.69M
+19M Acquisition costs, net of tax
= Adjusted net income available to common equity for adjusted earnings per share 139.69M
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| Adjusted net income available to common equity for adjusted ROATCE non-GAAP | 144.86M | 2Q 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted net income available to common equity for ROATCE 125.86M
+19M Acquisition costs, net of tax
= Adjusted net income available to common equity for adjusted ROATCE 144.86M
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| Adjusted net income available to common equity for ROATCE non-GAAP | 125.86M | 2Q 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income available to common equity 120.69M
+5.17M Other intangible amortization, net of tax
= Adjusted net income available to common equity for ROATCE 125.86M
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| Adjusted net income for return on average tangible assets non-GAAP | $250.02M | Jun 2026 | — |
| allowance for credit losses on loans (ACLL) | 494M | Second Quarter 2026 | — |
| Assets under management, at market value | $17.01B | 2Q26 | — |
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| Average core customer deposits non-GAAP | 34.42B | 2Q 2026 | — |
GAAP → non-GAAP reconciliationGAAP Average total deposits 40.38B
-1.88B Less: Average network transaction deposits
-4.09B Less: Average brokered CDs
= Average core customer deposits 34.42B
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| average cost of total interest-bearing liabilities | 2.66% | Second Quarter 2026 | — |
| average deposits | 40.4B | Second Quarter 2026 | — |
| Average tangible assets for return on average tangible assets non-GAAP | $46.95B | Jun 2026 | — |
| Average tangible common equity for ROATCE non-GAAP | $3.93B | Jun 2026 | — |
| average total loans | 35.9B | Second Quarter 2026 | — |
| average yield on total loans | 5.67% | Second Quarter 2026 | — |
| CET1 capital ratio | 10.47% | Second Quarter 2026 | — |
| Common shares outstanding, end of period | 188.72M | 2Q26 | — |
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| Core customer deposits non-GAAP | 34.17B | 2Q 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Total deposits 39.93B
-1.82B Less: Network transaction deposits
-3.93B Less: Brokered CDs
= Core customer deposits 34.17B
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| core customer deposits (average) non-GAAP | 34.4B | Second Quarter 2026 | — |
| Core customer deposits and other customer funding non-GAAP | $34.23B | Jun 30, 2026 | — |
| Core Customer Deposits period end balance change non-GAAP | $3.75B | 3/31/26 to 6/30/26 | — |
| earnings per common share excluding nonrecurring items non-GAAP | $0.73 | Second Quarter 2026 | — |
| effective tax rate | 22.37% | Second Quarter 2026 | — |
| Ex. ANC C&I period end balance change non-GAAP | $644M | 3/31/26 to 6/30/26 | — |
| Ex. ANC Core Customer Deposits period end balance change non-GAAP | -$398M | 3/31/26 to 6/30/26 | — |
| Ex. ANC Total Loans period end balance change non-GAAP | $940M | 3/31/26 to 6/30/26 | — |
| Fully tax-equivalent net interest margin non-GAAP | 3.1% | Six Months Ended June 30, 2026 | — |
| Net charge offs | -$23.2M | Q2 2026 | — |
| Net charge offs / average loans (annualized) | 0.26% | Second Quarter 2026 | — |
| net free funds benefit | 0.52% | Second Quarter 2026 | — |
| nonaccrual loans | 150M | Second Quarter 2026 | — |
| nonaccrual loans to total loans ratio | 0.41% | Second Quarter 2026 | — |
| Period end core customer deposits non-GAAP | $34.2B | Second Quarter 2026 | — |
| Pre-tax pre-provision income non-GAAP | $169.9M | Six Months Ended June 30, 2026 | — |
| Return on average tangible common equity (ROATCE) non-GAAP | 12.12% | 2Q26 | — |
| Tangible assets for TCE Ratio non-GAAP | $50.55B | Jun 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total assets 51.81B
-1.26B Less: Goodwill and other intangible assets, net
= Tangible assets for TCE Ratio 50.55B
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| Tangible common equity for TBV / share and TCE Ratio non-GAAP | $4.18B | Jun 2026 | — |
| TCE Ratio non-GAAP | 8.27% | Second Quarter 2026 | — |
| Tier 1 capital ratio | 10.94% | 2Q26 | — |
| Total expense for adjusted efficiency ratio non-GAAP | 240.52M | 2Q 2026 | — |
GAAP → non-GAAP reconciliationGAAP Noninterest expense 271.88M
-6.89M Less: Other intangible amortization
-24.47M Less: Acquisition costs
= Total expense for adjusted efficiency ratio 240.52M
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| Total nonperforming assets | $185.3M | 2Q26 | — |
| Total period end commercial & industrial loans | 13.8B | Second Quarter 2026 | — |
| Total period end core customer deposits non-GAAP | 34.2B | Second Quarter 2026 | — |
| Total period end deposits | 39.9B | Second Quarter 2026 | — |
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| Total period end loans | 36.5B | Second Quarter 2026 | — |
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| Total revenue for adjusted efficiency ratio non-GAAP | 454.54M | 2Q 2026 | — |
| Allowance for credit losses on loans / total loans | 1.35% | year ended December 31, 2025 | — |
| Loans / deposits ratio | 87.65% | 4Q25 | — |
| Net charge offs / average loans | 0.12% | year ended December 31, 2025 | — |
| Net interest margin | 3.03% | year ended December 31, 2025 | — |
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| Tangible book value / share non-GAAP | $22.01 | year ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ASB
this stock
Associated Banc-Corp
|
$5.98B | +19.6% | -11.0% | 11.1 | 2.6% |
|
MFG
Mizuho Financial Group Inc
|
$131.93B | +38.5% | — | — | 0.1% |
|
HDB
Hdfc Bank Ltd
|
$118.97B | -36.6% | +15.2% | — | 0.5% |
|
IBN
Icici Bank Ltd
|
$105.45B | -1.2% | — | — | 0.5% |
|
PNC
Pnc Financial Services Group, Inc.
|
$101.11B | +18.1% | +7.2% | 14.0 | 1.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ASB | -4.1% | +0.4% | +9.7% | -0.2% | +19.6% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -3.7% | -2.5% | -1.9% | -3.2% | +6.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.