Associated Banc-CorpFRA:AB5 +3.12%65 Net Margin % is 31.37% as of Mar. 2026, which is 22% above its 10-year median of 25.74. GuruFocus rates FRA:AB5 with a GF Score™ of 65/100 and a GF Value™ of €25.32 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,528 Banks companies, Associated Banc-Corp ranks better than 68.98% on this metric.
The historical rank and industry rank for Associated Banc-Corp's Net Margin % or its related term are showing as below:
FRA:AB5'
s Net Margin % Range Over the Past 10 Years
Min: 11.96 Med: 25.74 Max: 33.46
Current: 32.45
FRA:AB5's Net Margin % is ranked better than 68.98% of 1528
companies
in the Banks industry
Industry Median: 26.845
vs FRA:AB5: 32.45
Associated Banc-Corp (FRA:AB5) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Associated Banc-Corp Net Margin % Related Terms
Associated Banc-Corp Net Margin % Historical Data
* Premium members only.
The historical data trend for Associated Banc-Corp's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:AB5 vs HOMB, AUB, HWC: Net Margin % Comparison
For the Banks - Regional subindustry, Associated Banc-Corp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Associated Banc-Corp Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Associated Banc-Corp's Net Margin % distribution charts can be found below:
* The bar in red indicates where Associated Banc-Corp's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Associated Banc-Corp (FRA:AB5) has a Net Margin % of 31.37% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Associated Banc-Corp and its competitors. This is 22% above median its historical median of 25.74. Over the past decade, Associated Banc-Corp's Net Margin % has ranged from 11.96 to 33.46. According to the industry distribution chart, Associated Banc-Corp ranks #474 out of 1528 companies in the Banks industry, placing it in the top 31%.
Is Associated Banc-Corp's Net Margin % too high?
Associated Banc-Corp's current Net Margin % of 31.37% is 22% above median its 10-year median of 25.74. Over the past 10 years, this metric has ranged from a low of 11.96 to a high of 33.46. The Banks industry median Net Margin % is 26.85. Associated Banc-Corp's value of 31.37% is 16.9% above this industry median. Based on the distribution chart, Associated Banc-Corp ranks #474 out of 1528 companies in the Banks industry, which is above the industry midpoint. Overall, Associated Banc-Corp has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Associated Banc-Corp's Net Margin % compare to HOMB and AUB?
According to the Banks industry distribution chart, Associated Banc-Corp ranks #474 out of 1528 companies for Net Margin %. This puts Associated Banc-Corp in the upper half of its industry. The industry median Net Margin % is 26.85. Associated Banc-Corp's value of 31.37% is 16.9% above this benchmark. Historically, Associated Banc-Corp's own Net Margin % has ranged from 11.96 to 33.46 over the past decade. While the company's 10-year median is 25.74 vs. the industry median of 26.85, Associated Banc-Corp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.85, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated Banc-Corp's current Net Margin % of 31.37% is 16.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Associated Banc-Corp and its competitors. For the Banks industry, the median Net Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Banc-Corp's current Net Margin % is 31.37%, which is 22% above median its own 10-year median of 25.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Banc-Corp stock overvalued right now?
Based on GuruFocus' analysis, Associated Banc-Corp (FRA:AB5) is currently considered Fairly Valued. The stock's GF Value™ is €25.32, compared to a current price of €26.40 — trading 4.3% above its estimated fair value. The current Net Margin % is 31.37%, which is 22% above median its 10-year median of 25.74 and 16.9% above the Banks industry median of 26.85. Associated Banc-Corp's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Associated Banc-Corp (FRA:AB5), the current Net Margin % is 31.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Associated Banc-Corp (FRA:AB5) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Banc-Corp stock appears to be overvalued.
The current stock price of €26.40 is trading 4.3% above its estimated GF Value™ of €25.32.
GuruFocus considers Associated Banc-Corp to be Fairly Valued.
Key valuation signals for FRA:AB5:
Net Margin %: 31.37% (22% above median its 10-year median of 25.74)
GF Value™: €25.32 vs. price of €26.40 (4.3% above fair value)
Industry Position: 16.9% above the Banks median (#474 of 1528)
No single metric tells the full story. See the FRA:AB5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Banc-Corp is a bank holding company based in the United States of America. The company, through its subsidiaries, provides a broad array of banking and non-banking products and services to individuals and businesses. The group operates in three reportable segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty segment, which serves a wide range of customers, including larger businesses, developers, not-for-profits, municipalities, and financial institutions by providing lending and deposit solutions as well as support to deliver, fund, and manage such banking solutions.
65GF Score
Get the complete analysis for FRA:AB5
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:AB5 has been successfully added to your 
