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How Associated Banc-Corp (ASB) makes money

Associated Banc-Corp (ASB) made $464M of revenue in the third quarter 2026 (Q3 2026), +20% from a year earlier. Net interest income brought in $377M (81%); Noninterest income brought in $87.1M (19%). Of every dollar of revenue, 41¢ was left as operating profit, 32¢ was left as net earnings.

Drawing the Sankey…

Associated Banc-Corp revenue by segment, Q3 2026Associated Banc-Corp revenue by segment, Q3 2026Net interest income$377MNoninterest income$87.1M
Associated Banc-Corp: where each dollar of revenue goesAssociated Banc-Corp: where each dollar of revenue goesOperating profit41¢Income tax9¢Net earnings32¢Operating cash flow71¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Net interest income$377M81.2%+2%+24%
Noninterest income$87.1M18.8%+8%+7%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$464M100.0%
Operating profit$190M40.9%
Income tax$43.4M9.4%
Net earnings$147M31.6%
Operating cash flow$329M70.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$464M+20%

From Associated Banc-Corp's 10-Q filed Oct 27, 2026 (on EDGAR).

Questions

How does Associated Banc-Corp make money?

Associated Banc-Corp (ASB) made $464M of revenue in the third quarter 2026 (Q3 2026), +20% from a year earlier. Net interest income brought in $377M (81%); Noninterest income brought in $87.1M (19%). Of every dollar of revenue, 41¢ was left as operating profit, 32¢ was left as net earnings.

What is Associated Banc-Corp's biggest business?

Net interest income: $377M in the third quarter 2026, 81% of revenue, +24% from a year earlier.

What is Associated Banc-Corp's profit margin?

Net earnings were $147M, 31.6% of revenue, in the third quarter 2026; the operating margin was 40.9%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.