Associated Banc-Corp
NYSE:ASB

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Associated Banc-Corp
NYSE:ASB
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Price: 22.57 USD -1.7% Market Closed
Market Cap: 3.7B USD

Relative Value

The Relative Value of one ASB stock under the Base Case scenario is 30.33 USD. Compared to the current market price of 22.57 USD, Associated Banc-Corp is Undervalued by 26%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ASB Relative Value
Base Case
30.33 USD
Undervaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
21
Median 3Y
2.8
Median 5Y
2.6
Industry
2.5
Forward
2.6
vs History
4
vs Industry
4
Median 3Y
10.5
Median 5Y
9
Industry
10.2
Forward
9.2
vs History
9
vs Industry
58
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
vs History
15
vs Industry
52
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

ASB Competitors Multiples
Associated Banc-Corp Competitors

Market Cap P/S P/E P/B
US
Associated Banc-Corp
NYSE:ASB
3.8B USD 3.6 33.8 0.8
US
PNC Financial Services Group Inc
NYSE:PNC
64.7B USD 3 11.4 1.1
US
Truist Financial Corp
NYSE:TFC
51B USD 3.8 11.3 0.8
US
M&T Bank Corp
NYSE:MTB
28B USD 3 11.3 1
CN
Bank of Jiangsu Co Ltd
SSE:600919
183.7B CNY 2.1 6 0.6
US
Fifth Third Bancorp
NASDAQ:FITB
24.4B USD 2.9 11.4 1.2
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
23.9B USD 2.5 9.7 1.1
CN
Bank of Ningbo Co Ltd
SZSE:002142
158.7B CNY 2.2 6 0.7
US
Huntington Bancshares Inc
NASDAQ:HBAN
21.7B USD 2.9 11.3 1.1
US
Regions Financial Corp
NYSE:RF
18.6B USD 2.6 9.8 1
US
KeyCorp
NYSE:KEY
17B USD 3.5 -144.2 0.9