Associated Banc-Corp (Associated Banc-Corp) Debt-to-Equity : 0.57 (As of Mar. 2024)

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What is Associated Banc-Corp Debt-to-Equity?

Associated Banc-Corp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $638 Mil. Associated Banc-Corp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,731 Mil. Associated Banc-Corp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,169 Mil. Associated Banc-Corp's debt to equity for the quarter that ended in Mar. 2024 was 0.57.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Associated Banc-Corp's Debt-to-Equity or its related term are showing as below:

ASB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 1.03 Max: 1.62
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Associated Banc-Corp was 1.62. The lowest was 0.46. And the median was 1.03.

ASB's Debt-to-Equity is ranked better than
55.79% of 1391 companies
in the Banks industry
Industry Median: 0.67 vs ASB: 0.57

Associated Banc-Corp Debt-to-Equity Historical Data

The historical data trend for Associated Banc-Corp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Associated Banc-Corp Debt-to-Equity Chart

Associated Banc-Corp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.96

0.55

0.47

1.14

0.60

Associated Banc-Corp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.35	1.01	1.03	0.60	0.57

Competitive Comparison of Associated Banc-Corp's Debt-to-Equity

For the Banks - Regional subindustry, Associated Banc-Corp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Associated Banc-Corp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Associated Banc-Corp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Associated Banc-Corp's Debt-to-Equity falls into.

Associated Banc-Corp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Associated Banc-Corp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(740	+	1741.463)	/	4173.974
	=	0.59

Associated Banc-Corp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(638	+	1731.466)	/	4168.673
	=	0.57

Associated Banc-Corp (NYSE:ASB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Associated Banc-Corp Debt-to-Equity Related Terms

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Associated Banc-Corp (Associated Banc-Corp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Associated Banc-Corp (NYSE:ASB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ASBpF.PFD:USA ASBpE.PFD:USA

Address

433 Main Street, Green Bay, WI, USA, 54301

Website

https://www.associatedbank.com

Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.

Executives

John A. Utz	officer: Executive Vice President	ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
David L Stein	officer: Executive Vice President	433 MAIN STREET, GREEN BAY WI 54301
Jayne C Hladio	officer: EVP, President Private Wealth	C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Randall J. Erickson	officer: Executive Vice President	C/O ASSOCIATED BANC-CORP, 1200 HANSEN ROAD, GREEN BAY WI 54304
Michael J Haddad	director	C/O ASSOCIATED BANC CORP, 433 MAIN STREET, GREEN BAY WI 54301
Andrew J Harmening	director, officer: President & CEO	ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Karen Beckwith	director	433 MAIN STREET, C/O ASSOCIATED BANC-CORP, GREEN BAY WI 54301
Eileen A Kamerick	director	200 NORTH ADAMS STREET, GREEN BAY WI 54301
John B Williams	director	C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Terry Lynn Williams	officer: Chief Information Officer	C/O ASSOCIATED BANC CORP, 433 MAIN STREET, GREEN BAY WI 54301
Tammy C. Stadler	officer: Principal Accounting Officer	330 E. KILBOURN, SUITE 200, MILWAUKEE WI 53202
Derek S. Meyer	officer: EVP, Chief Financial Officer	C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Bryan Carson	officer: Executive Vice President	C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Matthew R Braeger	officer: Executive Vice President	433 MAIN STREET, GREEN BAY WI 54301
John P Thayer	officer: Executive Vice President	C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301