Associated Banc-Corp
Through the investors’ lenses
3 of 3 cleared4 of 4 criteria
Each of these investors has said in public what they look at before buying. Click a name to see how this company measures up — a tick where it passes one of their tests, a cross where it does not.
Warren Buffett 2/2
| Measure | ASB | Checked against | |
|---|---|---|---|
| Owner earnings | $488.76m | positive | ✓ |
| Return on equity | 9.5% | US median 2.8% | ✓ |
| Debt to equity | — | US median 0.57x | — |
| Operating margin | — | US median 3.1% | — |
Passes 2 of 2. These are the measures Warren Buffett published, applied to Associated Banc-Corp’s own figures — their criteria, not their view of this company. What he looks at, and why →
Benjamin Graham 1/1
| Measure | ASB | Checked against | |
|---|---|---|---|
| Current ratio | — | 2.00x published | — |
| Long-term debt to working capital | — | 1.00x published | — |
| Positive earnings, ten years running | 10 yrs | 10 published | ✓ |
Passes 1 of 1. These are the measures Benjamin Graham published, applied to Associated Banc-Corp’s own figures — their criteria, not their view of this company. What he looks at, and why →
Peter Lynch 1/1
| Measure | ASB | Checked against | |
|---|---|---|---|
| Debt to equity | — | US median 0.57x | — |
| Net margin | 21.9% | US median 2.0% | ✓ |
Passes 1 of 1. These are the measures Peter Lynch published, applied to Associated Banc-Corp’s own figures — their criteria, not their view of this company. What he looks at, and why →
| Basis | Payout | Why |
|---|---|---|
| GAAP earnings | 33.6% | whyThe figure most screeners publish. |
Only one basis is shown, and that is the point. Operating and free cash flow swing with loan, deposit and reserve movements, so for a lender or insurer neither says anything about whether the dividend is affordable. Investment income is omitted for a second reason: insurers file it under the same tag a BDC uses, but it means investment income on float rather than the money that funds the distribution. Screeners that publish these for a bank are printing arithmetic, not information — and a wide gap between them is noise, not a finding.
Coverage rating 41 / 100 — Tight. ? Peer standing 16/50Direction 25/30Stability 0/20
GAAP earnings payout, last 6 years
| Fiscal year | Payout |
|---|---|
| 2025-12-31 | 33.6% |
| 2024-12-31 | 123.6% |
| 2023-12-31 | 75.2% |
| 2022-12-31 | 34.6% |
| 2021-12-31 | 35.0% |
| 2020-12-31 | 39.2% |
Among the 142 banks & insurers companies here, 32% pay out a larger share on this basis.
The arithmetic
- GAAP earnings — dividends declared per share $0.930 ÷ diluted EPS $2.77
Where the figures came from
- 10-K filed 2026-02-12 · accession 0000007789-26-000071
Every one is public at sec.gov and free to check. That is the point — you should not have to take our word for any of it.
Caveats on this company
- ebitda built from net income (no operating income reported)
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell us — that is more useful to us than agreement.
What the GAAP earnings payout ratio measures, and where every company here sits on it.
Also on: rated tight · when it files.
Who else looks like this
Every figure above is computed from Associated Banc-Corp’s own filing, and every company here is measured the same way. Screen all of them on any of these twelve measures, or on the rules four investors published — free, and nothing you screen leaves your browser.
A subscription screens every company on this site at once, and turns a whole portfolio into one document — what that adds.