Company / Profit Margin
Associated Bank Profit Margin History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
16.6%
FY2023
5-year range
16.6% / 33.2%
FY2019-FY2023
Trend
-43.8%
vs FY2022
Sector context
#132 of 272
Financials
What the data says
At 16.6%, Associated Bank's profit margin ranks #132 of 272 in the Financials sector. Profit Margin has fluctuated over the past 8 years, ranging from 16.6% in FY2023 to 33.2% in FY2021.
Based on SEC 10-K filings.
16.6% in FY2023 with a 5-year CAGR of -10.4%.
Declined from 33.2% to 16.6% over the past 2 years.
Financials sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -7.4pp
- 5-Year Change
- -10.4pp
- 10-Year Change
- -
Sector benchmark
#132 of 272 in FinancialsTop 49% of 272This company 16.6% Sector average 71.5%
▼
-76.8% below sector average
Key checks
Key Insights
- In FY2023, profit margin decreased 43.8% year-over-year.
- Currently 55.0pp below the Financials sector average.
- Peak profit margin was recorded in FY2021.
Annual data
| Year | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 16.6% | -43.8% |
| FY2022 | 29.5% | -11.0% |
| FY2021 | 33.2% | +38.1% |
| FY2020 | 24.0% | -10.6% |
| FY2019 | 26.9% | -0.6% |
| FY2018 | 27.0% | +26.5% |
| FY2017 | 21.3% | +13.0% |
| FY2016 | 18.9% | +0.9% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026