Is Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033 (ASBA) overvalued? · rev $1.10B
Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033 (ASBA) common stock listed on US.
This page asks whether Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033 (ASBA) looks expensive on cached numbers — not a short thesis.
Latest reported ASBA revenue for 2023-12-31 was $1.10B. Net income was $183.0M. Revenue was down 11.0% from 2022-12-31 to 2023-12-31. ASBA currently screens at market cap $0.
ASBA currently screens at market cap $0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ASBA 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ASBA stock page for the full model, not this heading.
Not investment advice.