Associated Banc ASB
NYSE ASB
$28.70 -0.25 (-0.88%)
As of: Sep 29, 2026 · 3:59 PM EDT

Associated Banc (ASB) EV to EBITDA (2010 - 2026)

Updated

Associated Banc's (ASB) EV to EBITDA was 3.40 for Q2 2026, up 12.5% from 3.02 a year earlier and up 34.9% from the prior quarter.

Analysis

Associated Banc (ASB) EV to EBITDA (2010 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Associated Banc's EV to EBITDA came in at 2.97, up 23.5% year-over-year; for FY2025, it came in at 2.53, down 14.4% from FY2024.

  • By year, EV to EBITDA came in at 2.96 in FY2024 (+16.3%), 2.55 in FY2023 (-45.0%), 4.63 in FY2022 (-17.2%) and 5.58 in FY2021 (+23.3%).
  • The Q2 2026 figure ranks as the highest quarterly EV to EBITDA since Q4 2022.
  • Year over year, EV to EBITDA gained in six of the last eight quarters, with growth averaging 14.2%.
  • The high point for year-over-year EV to EBITDA in five years was Q3 2021 (growth of 86.7%); the low point was Q3 2023 (a decline of 62.5%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 2.52 (Q1 2026), 2.53 (Q4 2025) and 3.15 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 895.36 Bn 924.83 Bn -
2 Banco Santander Chile 425.01 Bn 544.95 Bn -
3 Bank Of America 389.22 Bn -1,986.85 Bn -
4 Hsbc Holdings 347.56 Bn 347.61 Bn -
5 Morgan Stanley 304.44 Bn -204.66 Bn -
6 Royal Bank Of Canada 281.54 Bn 132.29 Bn -
7 Mitsubishi Ufj Financial 277.23 Bn -1,311.26 Bn 10.89 Bn
8 Goldman Sachs 267.12 Bn -3,289.99 Bn -
9 Wells Fargo & Company 244.76 Bn 246.90 Bn -
10 Associated Banc 5.47 Bn 4.52 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.40
Mar 31, 2026 2.52
Dec 31, 2025 2.53
Sep 30, 2025 3.15
Jun 30, 2025 3.02
Mar 31, 2025 2.79
Dec 31, 2024 2.96
Sep 30, 2024 2.29
Jun 30, 2024 2.30
Mar 31, 2024 2.42
Dec 31, 2023 2.55
Sep 30, 2023 1.83
Jun 30, 2023 2.01
Mar 31, 2023 2.77
Dec 31, 2022 4.63
Sep 30, 2022 4.88
Jun 30, 2022 4.77
Mar 31, 2022 6.03
Dec 31, 2021 5.58
Sep 30, 2021 5.38
API Access

Associated Banc EV to EBITDA API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ASB&period=max&api_key=YOUR_API_KEY