Financial Statements

Associated Banc-Corp (ASB)

$18.59

+0.58 (+3.22%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,4592,3812,1811,819-
Net Income 351307327334229
Stock Dividends -4-98-01451,676
Dividend Paid -133-130-127-116-86
Retained Earnings 2,6732,4592,3812,1811,819

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 419435363331-
Annual Depreciation 193914098378
Capital Expenditure -52-55-67-66-47
Net PPE 385419435363331

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -9761,1691,1761,109
New Purchases -1,425-1,478-951-1,830-3,369
Intangible and Goodwill 9761,1691,1761,1091,105

Associated Banc-Corp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Associated Banc-Corp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.