Associated Banc (ASB) EV to EBITDA (2010 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ASB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ASB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();