Filing Flows › Associated Banc-Corp (ASB) › Q3 2026
Associated Banc-Corp (ASB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Associated Banc-Corp (ASB) reported revenue of $464M for the third quarter 2026 (Q3 2026), +20% from a year earlier and +3% from the quarter before. Operating margin was 40.9%, net earnings $147M (31.6% of revenue).
Associated Banc-Corp, Q3 2026: revenue $464M (+20% year over year), operating margin 40.9%, net earnings $147M, operating cash flow $329M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $464M | +3% | +20% |
| Operating profit | $190M | +19% | +23% |
| Net earnings | $147M | +19% | +18% |
| Operating cash flow | $329M | +59% | +108% |
What changed
Revenue was $464.4M in Q3 2026, up 20% year over year and up 3% from the previous quarter. Net interest income was the largest line at 81% of revenue. Net interest income added $72.0M year over year (up 24%), 92% of the total change.
Operating profit was $190.0M, a 40.9% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 40% margin then. Total costs grew 18% against revenue growth of 20%. The fastest-growing cost line was Noninterest expense (+20%). Net earnings were $146.6M, up 18% year over year. The effective tax rate was 22.9%.
Operating cash flow was $329.2M (up 108% year over year), 225% of net earnings. Non-cash charges added back $18.9M of depreciation and amortization. Working capital and other items added $163.7M.
Questions
What was Associated Banc-Corp's revenue in the third quarter 2026?
Associated Banc-Corp (ASB) reported revenue of $464M for the third quarter 2026 (Q3 2026), +20% from a year earlier and +3% from the quarter before.
Was Associated Banc-Corp profitable in the third quarter 2026?
Operating profit was $190M (40.9% of revenue) and net earnings $147M.