Associated Bank (ASB) fundamentals: P/E, valuation, undervalued?
Associated Bank · Financials · ref. ETF XLF · price $30.8
In short — Associated Bank trades at 10.8× earnings (P/E), 9.2× forward, with a net margin of 32.5 % and revenue growth of +24 %. Read: Cheap for the growth (P/E 9 for ~24% growth (PEG 0.4)).
Is Associated Bank stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$30.8+14.0% over range
Aug 28, 25low $24.11 · high $32.33Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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Buy
50% recommend buying · 8 analysts
Valuation : Cheap for the growth — P/E 9 for ~24% growth (PEG 0.4)
Valuation
10.8
P/E (price/earnings)
9.2
Forward P/E
—
PEG
1.1
Price/book (P/B)
$5.8B
Market cap
2.86
EPS
Profitability & growth
32.5 %
Net margin
+24 %
Revenue growth
-3 %
Earnings growth
$5.7B
Total debt
Associated Bank income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $1.3B | $355M | 28.2 % |
| 2023 | $1.1B | $171M | 15.5 % |
| 2024 | $1.0B | $112M | 10.8 % |
| 2025 | $1.5B | $463M | 31.1 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Associated Bank's P/E and is the stock undervalued? What's a good P/E?
Associated Bank's P/E is 10.8 (forward 9.2). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Associated Bank profitable?
Associated Bank has a net margin of 32.5 % (EPS 2.86). The company is profitable.
Is ASB stock expensive?
Our read: "Cheap for the growth" — P/E 9 for ~24% growth (PEG 0.4). Cross-check with growth and sector.
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