Associated Banc-Corp vs First BanCorp
ASB and FBP side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ASB and FBP compare
Associated Banc-Corp is the larger company, worth 1.4 times as much as First BanCorp ($5.7B against $4.0B).
On earnings, Associated Banc-Corp is cheaper: it trades at 7.2× trailing earnings, against 11.0× for First BanCorp.
Associated Banc-Corp grew revenue faster over the last twelve months (130% versus 1.7% for First BanCorp).
Associated Banc-Corp keeps more of each dollar of sales as profit, with a net margin of 31.3% compared with 28.4% at First BanCorp.
Both pay dividends: Associated Banc-Corp yields 3.1% and First BanCorp 2.3%.
Associated Banc-Corp scores higher on the StockData Score (22 against 18 for First BanCorp), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ASB | FBP |
|---|---|---|
| Size and price | ||
| Market cap | $5.7B | $4.0B |
| Share price | $30.81 | $26.09 |
| Change, 1 year | 20.6% | 28.3% |
| Change, 5 years | 32.5% | 82.3% |
| Beta (5Y) | 0.90 | 0.85 |
| Employees | 4,000 | 3,218 |
| StockData Score | ||
| Total score | 22 (better) | 18 |
| Valuation score | 6 (better) | 2 |
| Growth score | 3 (better) | 1 |
| Performance score | 5 | 5 |
| Health score | 6 | 6 |
| Dividend score | 2 | 4 (better) |
| Valuation | ||
| P/E | 7.2× (better) | 11.0× |
| P/S | 2.3× (better) | 3.1× |
| P/B | 1.0× (better) | 2.1× |
| P/FCF | – | 9.8× |
| PEG | 1.24 | 1.04 (better) |
| FCF yield | – | 10.2% |
| Fair value | $40.19 | $22.91 |
| Margin of safety | 23.3% (better) | −13.9% |
| Growth | ||
| Revenue growth (TTM) | 130% (better) | 1.7% |
| Revenue growth, 5Y average | 3.1% | 9.3% (better) |
| Net income growth (TTM) | 431% (better) | 10.4% |
| EPS growth (TTM) | 398% (better) | 15.0% |
| EPS growth, 5Y average | 8.3% | 36.1% (better) |
| Profitability | ||
| Net margin | 31.3% (better) | 28.4% |
| FCF margin | – | 31.5% |
| Return on equity | 15.0% | 19.4% (better) |
| Financial health | ||
| Debt / equity | 0.05 | 0.01 (better) |
| Altman Z-score | 0.22 | 0.38 (better) |
| Piotroski F-score | 6 | 7 (better) |
| Dividends and buybacks | ||
| Dividend yield | 3.1% (better) | 2.3% |
| Payout ratio | 32.5% | 32.9% |
| Years of dividend growth | 3 | 8 (better) |
| Dividend growth, 5Y average | – | 29.2% |
| Buyback yield | – | 5.1% |
| Shareholder yield | 3.1% | 7.4% (better) |
| Ownership | ||
| Held by institutions | 81.7% | 96.7% |
| Held by insiders | 6.1% | 2.5% |
| Insider net buying, 12 months | −$9.9M | −$2.4M (better) |
| Short interest, % of float | – | 4.6% |
Go deeper
- ASB stock overview
- ASB income statement
- ASB valuation and score
- FBP stock overview
- FBP income statement
- FBP valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.