Demand and volumepositive · 5 filings
“Service charges and deposit account fees increased $4.0 million from the first six months of 2025, due to an increase in overdraft and business demand deposit account fees.”10-Q · Aug 4, 2026 ↗
Associated Banc-Corp
ASB
Market read
Associated Banc-Corp's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Company-1.0% todayVolume comparison unavailable
Market group0 of 12 activeRegional Banks · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- ASB's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if ASB's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- ASB's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements240
Verified relationships1
Evidence supporting the case
- Operating cash flow covered net income at 2.42x in the latest annual period.
- Demand and volume has repeated favorable evidence across 5 filings.
- Macroeconomic conditions has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Latest annual revenue changed -11.0% year over year.
- Net margin changed -12.9 percentage points in the latest annual period.
Questions before a position
- P/E is 68% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 89% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
30.036m+21.6%12m+14.3%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2019-12-31$1.2B-1.5%$1.91-4.6%
2020-12-31$1.3B+5.0%$1.86-5.1%
2021-12-31$1.1B-17.1%$2.18-1.1%
2022-12-31$1.2B+17.1%$2.34-1.0%
2023-12-31$1.1B-11.0%$1.13+0.2%
What management says matters
Persistent and emerging business drivers
Macroeconomic conditionspositive · 5 filings
“This was due to loan growth, continued nominal credit movement in the portfolio, and general macroeconomic conditions.”10-Q · Aug 4, 2026 ↗
Credit and interest ratesmixed · 2 filings
“Risk Management and Shared Services • Total net revenue increased $42.6 million from the three months ended March 31, 2025, due to an increase in interest income and a decrease in intersegment interest expense.”10-Q · Apr 28, 2026 ↗
Restructuring and cost reductionsnegative · 1 filings
“Community, Consumer, and Business • Average earning assets and average loans decreased by $309.2 million and $311.4 million, respectively, from the nine months ended September 30, 2024, primarily driven by a decrease in residential mortgage loans due to the b…”10-Q · Oct 28, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 4.1× · EV/sales 5.7×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
30.03-1.0% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ASB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for ASB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind ASB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ANG-PDFiling-linked nameinvesteeApr 28, 2026 ▾
“Recent Developments On April 1, 2026, the Corporation completed its previously announced acquisition of American National pursuant to the terms of the Merger Agreement by and between Associated and American National.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ASB is currently a Leader in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.