Associated Banc-CorpFRA:AB5 +3.12%65 Pretax Margin % is 40.09% as of Mar. 2026, which is 23% above its 10-year median of 32.71. 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 63.68% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Associated Banc-Corp Pretax Margin % Related Terms
Associated Banc-Corp Pretax Margin % Historical Data
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The historical data trend for Associated Banc-Corp's Pretax 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: Pretax Margin % Comparison
For the Banks - Regional subindustry, Associated Banc-Corp's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Associated Banc-Corp's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Associated Banc-Corp's Pretax 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 Pretax Margin % of 40.09% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Associated Banc-Corp and its competitors. This is 23% above median its historical median of 32.71. Over the past decade, Associated Banc-Corp's Pretax Margin % has ranged from 13.06 to 41.59. According to the industry distribution chart, Associated Banc-Corp ranks #555 out of 1528 companies in the Banks industry, placing it in the top 36.3%.
Is Associated Banc-Corp's Pretax Margin % too high?
Associated Banc-Corp's current Pretax Margin % of 40.09% is 23% above median its 10-year median of 32.71. Over the past 10 years, this metric has ranged from a low of 13.06 to a high of 41.59. The Banks industry median Pretax Margin % is 34.72. Associated Banc-Corp's value of 40.09% is 15.5% above this industry median. Based on the distribution chart, Associated Banc-Corp ranks #555 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 Pretax Margin % compare to HOMB and AUB?
According to the Banks industry distribution chart, Associated Banc-Corp ranks #555 out of 1528 companies for Pretax Margin %. This puts Associated Banc-Corp in the upper half of its industry. The industry median Pretax Margin % is 34.72. Associated Banc-Corp's value of 40.09% is 15.5% above this benchmark. Historically, Associated Banc-Corp's own Pretax Margin % has ranged from 13.06 to 41.59 over the past decade. While the company's 10-year median is 32.71 vs. the industry median of 34.72, 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 Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated Banc-Corp's current Pretax Margin % of 40.09% is 15.5% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Associated Banc-Corp and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Banc-Corp's current Pretax Margin % is 40.09%, which is 23% above median its own 10-year median of 32.71. 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 €25.80 — trading 1.9% above its estimated fair value. The current Pretax Margin % is 40.09%, which is 23% above median its 10-year median of 32.71 and 15.5% above the Banks industry median of 34.72. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Associated Banc-Corp (FRA:AB5), the current Pretax Margin % is 40.09% 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 €25.80 is trading 1.9% above its estimated GF Value™ of €25.32.
GuruFocus considers Associated Banc-Corp to be Fairly Valued.
Key valuation signals for FRA:AB5:
Pretax Margin %: 40.09% (23% above median its 10-year median of 32.71)
GF Value™: €25.32 vs. price of €25.80 (1.9% above fair value)
Industry Position: 15.5% above the Banks median (#555 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
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