Associated Banc-Corp annual debt-to-equity ratio
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2025
Associated Banc-Corp Debt-to-Equity Ratio Growth & History (ASB)
Associated Banc-Corp's debt-to-equity ratio was 0.84 for fiscal 2025.
View full Associated Banc-Corp company overviewAssociated Banc-Corp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.84 | 0.14 | +20.72% |
| 2024 | 2024-12-31 | 0.69 | 0.01 | +2.19% |
| 2023 | 2023-12-31 | 0.68 | −0.62 | −47.56% |
| 2022 | 2022-12-31 | 1.30 | 0.74 | +131.14% |
| 2021 | 2021-12-31 | 0.56 | −0.04 | −7.24% |
| 2020 | 2020-12-31 | 0.60 | −0.48 | −44.19% |
| 2019 | 2019-12-31 | 1.08 | −0.11 | −9.57% |
| 2018 | 2018-12-31 | 1.20 | −0.06 | −4.84% |
| 2017 | 2017-12-31 | 1.26 | 0.01 | +0.93% |
| 2016 | 2016-12-31 | 1.25 | 0.05 | +4.31% |
| 2015 | 2015-12-31 | 1.20 | −0.59 | −33.04% |
| 2014 | 2014-12-31 | 1.78 | 0.46 | +34.81% |
| 2013 | 2013-12-31 | 1.32 | 0.19 | +16.33% |
| 2012 | 2012-12-31 | 1.14 | −0.15 | −11.64% |
| 2011 | 2011-12-31 | 1.29 | 0.29 | +28.72% |
| 2010 | 2010-12-31 | 1.00 | −0.16 | −13.84% |
| 2009 | 2009-12-31 | 1.16 | — | — |
Associated Banc-Corp quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.01 | 0.05 | +5.37% |
| Q1 2026 | 2026-03-31 | 0.88 | 0.25 | +39.46% |
| Q4 2025 | 2025-12-31 | 0.84 | 0.14 | +20.72% |
| Q3 2025 | 2025-09-30 | 0.87 | 0.03 | +3.10% |
| Q2 2025 | 2025-06-30 | 0.96 | −0.01 | −0.75% |
| Q1 2025 | 2025-03-31 | 0.63 | −0.01 | −0.89% |
| Q4 2024 | 2024-12-31 | 0.69 | 0.01 | +2.19% |
| Q3 2024 | 2024-09-30 | 0.84 | −0.31 | −26.89% |
| Q2 2024 | 2024-06-30 | 0.97 | −0.13 | −12.14% |
| Q1 2024 | 2024-03-31 | 0.64 | −0.76 | −54.46% |
| Q4 2023 | 2023-12-31 | 0.68 | −0.62 | −47.56% |
| Q3 2023 | 2023-09-30 | 1.15 | 0.05 | +4.59% |
| Q2 2023 | 2023-06-30 | 1.10 | 0.03 | +2.58% |
| Q1 2023 | 2023-03-31 | 1.40 | 0.84 | +149.43% |
| Q4 2022 | 2022-12-31 | 1.30 | 0.74 | +131.14% |
| Q3 2022 | 2022-09-30 | 1.10 | 0.54 | +97.10% |
| Q2 2022 | 2022-06-30 | 1.07 | 0.48 | +81.24% |
| Q1 2022 | 2022-03-31 | 0.56 | −0.02 | −3.59% |
| Q4 2021 | 2021-12-31 | 0.56 | −0.04 | −7.24% |
| Q3 2021 | 2021-09-30 | 0.56 | −0.31 | −36.09% |
| Q2 2021 | 2021-06-30 | 0.59 | −0.51 | −46.42% |
| Q1 2021 | 2021-03-31 | 0.58 | −0.47 | −44.47% |
| Q4 2020 | 2020-12-31 | 0.60 | −0.48 | −44.19% |
| Q3 2020 | 2020-09-30 | 0.87 | −0.11 | −10.88% |
| Q2 2020 | 2020-06-30 | 1.10 | 0.15 | +16.23% |
| Q1 2020 | 2020-03-31 | 1.05 | 0.02 | +1.87% |
| Q4 2019 | 2019-12-31 | 1.08 | −0.11 | −9.57% |
| Q3 2019 | 2019-09-30 | 0.98 | −0.16 | −14.39% |
| Q2 2019 | 2019-06-30 | 0.95 | −0.52 | −35.51% |
| Q1 2019 | 2019-03-31 | 1.03 | −0.42 | −28.87% |
| Q4 2018 | 2018-12-31 | 1.20 | −0.06 | −4.84% |
| Q3 2018 | 2018-09-30 | 1.14 | −0.17 | −13.10% |
| Q2 2018 | 2018-06-30 | 1.47 | 0.01 | +0.75% |
| Q1 2018 | 2018-03-31 | 1.45 | 0.23 | +18.58% |
| Q4 2017 | 2017-12-31 | 1.26 | 0.01 | +0.93% |
| Q3 2017 | 2017-09-30 | 1.31 | 0.02 | +1.75% |
| Q2 2017 | 2017-06-30 | 1.46 | −0.33 | −18.33% |
| Q1 2017 | 2017-03-31 | 1.22 | −0.21 | −14.82% |
| Q4 2016 | 2016-12-31 | 1.25 | 0.05 | +4.31% |
| Q3 2016 | 2016-09-30 | 1.29 | 0.04 | +3.10% |
| Q2 2016 | 2016-06-30 | 1.79 | 0.15 | +8.85% |
| Q1 2016 | 2016-03-31 | 1.43 | 0.01 | +1.03% |
| Q4 2015 | 2015-12-31 | 1.20 | −0.59 | −33.04% |
| Q3 2015 | 2015-09-30 | 1.25 | −0.27 | −17.55% |
| Q2 2015 | 2015-06-30 | 1.64 | −0.15 | −8.57% |
| Q1 2015 | 2015-03-31 | 1.42 | −0.02 | −1.45% |
| Q4 2014 | 2014-12-31 | 1.78 | 0.46 | +34.81% |
| Q3 2014 | 2014-09-30 | 1.52 | 0.74 | +94.78% |
| Q2 2014 | 2014-06-30 | 1.80 | 0.62 | +53.10% |
| Q1 2014 | 2014-03-31 | 1.44 | 0.53 | +57.59% |
| Q4 2013 | 2013-12-31 | 1.32 | 0.19 | +16.33% |
| Q3 2013 | 2013-09-30 | 0.78 | −0.26 | −24.72% |
| Q2 2013 | 2013-06-30 | 1.17 | −0.13 | −10.16% |
| Q1 2013 | 2013-03-31 | 0.91 | −0.16 | −14.80% |
| Q4 2012 | 2012-12-31 | 1.14 | −0.15 | −11.64% |
| Q3 2012 | 2012-09-30 | 1.04 | −0.37 | −26.29% |
| Q2 2012 | 2012-06-30 | 1.31 | −0.27 | −17.27% |
| Q1 2012 | 2012-03-31 | 1.07 | −0.19 | −14.97% |
| Q4 2011 | 2011-12-31 | 1.29 | 0.29 | +28.72% |
| Q3 2011 | 2011-09-30 | 1.41 | 0.70 | +99.82% |
| Q2 2011 | 2011-06-30 | 1.58 | 0.84 | +113.62% |
| Q1 2011 | 2011-03-31 | 1.26 | — | — |
| Q4 2010 | 2010-12-31 | 1.00 | −0.16 | −13.84% |
| Q3 2010 | 2010-09-30 | 0.70 | — | — |
| Q2 2010 | 2010-06-30 | 0.74 | — | — |
| Q4 2009 | 2009-12-31 | 1.16 | — | — |
Associated Banc-Corp debt-to-equity ratio trends
Over the last five fiscal years, Associated Banc-Corp's debt-to-equity ratio increased from 0.60 to 0.84, a change of 0.23. The latest reported quarter, Q2 2026, shows 1.01.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Associated Banc-Corp source filings ↗