ASB

Associated Banc-Corp

63
Fundamentals77/ 100
Valuation50/ 100
Upside potential56/ 100
Risk potential14/ 100

ASB has the edge over HOOD overall, supported by stronger fundamentals and lower modeled downside.

HOOD

Robinhood Markets, Inc.

59
Fundamentals57/ 100
Valuation70/ 100
Upside potential74/ 100
Risk potential29/ 100

HOOD offers stronger valuation, but that advantage does not outweigh its weaker overall profile.

ASB Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

ASB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like ASB.

HOOD Fundamentals

MetricStatus
Healthy
Healthy
N/A
N/A

HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.

ASB PE Valuation

CHEAPFAIREXPENSIVE10x20x30x40x
CHEAPFAIREXPENSIVE10x20x30x40x
LevelPEPriceVs current
Cheap7.6x$22.02-29%
Forward9.4x$30.81—
Fair11x$30.62-0.6%
Current11x$30.81—
Expensive22x$62.92+104%

Historical ranges are pointers, not guarantees.

ASB's PE is 11x, but its earnings don't support one, so it isn't a reliable read right now.

HOOD PE Valuation

CHEAPFAIREXPENSIVE43x87x130x174x
CHEAPFAIREXPENSIVE43x87x130x174x
LevelPEPriceVs current
Forward30x$81.35—
Cheap37x$78.84-3.1%
Current38x$81.35—
Fair51x$110+35%
Expensive74x$160+96%

Historical ranges are pointers, not guarantees.

HOOD has the edge over ASB in the historical PE scenario, which offers more potential upside but is not a forecast.

ASB Forward outlook

MetricOutlook
Improving
Growth
Growth
Stable
Limited
High

Analysts expect earnings and revenue growth for ASB, with profitability holding steady.

HOOD Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Strongly improving
Moderate
Low

HOOD has the edge over ASB on the outlook, with more favorable profitability expectations.

ASB Risk to reward

ScenarioChangePrice
Upside+18%$36.22
Downside-14%$26.53

Calculated from the latest close: $30.81 on Nov 12.

ASB trails HOOD on modeled risk to reward, with less potential upside relative to its potential downside.

HOOD Risk to reward

ScenarioChangePrice
Upside+81%$147.58
Downside-29%$57.66

Calculated from the latest close: $81.35 on Nov 12.

HOOD has a better modeled risk to reward balance than ASB, with more potential upside relative to its potential downside.

ASB Earnings Per Share

Q4 2023: $1.13Q1 2024: $0.99Q2 2024: $1.17Q3 2024: $1.20Q4 2024: $0.72Q1 2025: $0.79Q2 2025: $0.70Q3 2025: $0.87Q4 2025: $2.77Q1 2026: $2.88Q2 2026: $2.86Q3 2026: $2.89Forward: $3.30
Q4 2023: $1.13Q1 2024: $0.99Q2 2024: $1.17Q3 2024: $1.20Q4 2024: $0.72Q1 2025: $0.79Q2 2025: $0.70Q3 2025: $0.87Q4 2025: $2.77Q1 2026: $2.88Q2 2026: $2.86Q3 2026: $2.89Forward: $3.30
QuarterTTM EPSYoY
Forward$3.30+14%
Q3 2026$2.89+232%
Q2 2026$2.86+309%
Q1 2026$2.88+265%
Q4 2025$2.77+285%
Q3 2025$0.87-28%
Q2 2025$0.70-40%
Q1 2025$0.79-20%
Q4 2024$0.72-36%

ASB's earnings per share have jumped to their highest in seven years: $2.89 over the past year, up from $0.87 the year before. Its recent earnings include one-off gains.

HOOD Earnings Per Share

Q4 2023: $-0.61Q1 2024: $0.14Q2 2024: $0.32Q3 2024: $0.58Q4 2024: $1.56Q1 2025: $1.75Q2 2025: $1.96Q3 2025: $2.40Q4 2025: $2.05Q1 2026: $2.06Q2 2026: $2.26Q3 2026: $2.16Forward: $2.72
Q4 2023: $-0.61Q1 2024: $0.14Q2 2024: $0.32Q3 2024: $0.58Q4 2024: $1.56Q1 2025: $1.75Q2 2025: $1.96Q3 2025: $2.40Q4 2025: $2.05Q1 2026: $2.06Q2 2026: $2.26Q3 2026: $2.16Forward: $2.72
QuarterTTM EPSYoY
Forward$2.72+26%
Q3 2026$2.16-10%
Q2 2026$2.26+15%
Q1 2026$2.06+18%
Q4 2025$2.05+31%
Q3 2025$2.40+314%
Q2 2025$1.96+513%
Q1 2025$1.75+1150%
Q4 2024$1.56+$2.17

HOOD has the edge over ASB on earnings, with more consistent year-over-year improvement.

ASB Quarterly Revenue

Q4 2023: $122MQ1 2024: $323MQ2 2024: $322MQ3 2024: $330MQ4 2024: $64MQ1 2025: $345MQ2 2025: $367MQ3 2025: $386MQ4 2025: $389MQ1 2026: $383MQ2 2026: $450MQ3 2026: $464M
Q4 2023: $122MQ1 2024: $323MQ2 2024: $322MQ3 2024: $330MQ4 2024: $64MQ1 2025: $345MQ2 2025: $367MQ3 2025: $386MQ4 2025: $389MQ1 2026: $383MQ2 2026: $450MQ3 2026: $464M
QuarterRevenueYoY
Q3 2026$464.4M+20%
Q2 2026$450.4M+23%
Q1 2026$383M+11%
Q4 2025$389.4M+513%
Q3 2025$386.5M+17%
Q2 2025$367M+14%
Q1 2025$344.7M+6.8%
Q4 2024$63.5M-48%

ASB's revenue has grown year over year for seven quarters in a row: $464M last quarter, up 20% from the same quarter a year ago.

HOOD Quarterly Revenue

Q4 2023: $471MQ1 2024: $618MQ2 2024: $682MQ3 2024: $637MQ4 2024: $1BQ1 2025: $927MQ2 2025: $989MQ3 2025: $1.3BQ4 2025: $1.3BQ1 2026: $1.1BQ2 2026: $1.3BQ3 2026: $1.4B
Q4 2023: $471MQ1 2024: $618MQ2 2024: $682MQ3 2024: $637MQ4 2024: $1BQ1 2025: $927MQ2 2025: $989MQ3 2025: $1.3BQ4 2025: $1.3BQ1 2026: $1.1BQ2 2026: $1.3BQ3 2026: $1.4B
QuarterRevenueYoY
Q3 2026$1.4B+12%
Q2 2026$1.3B+32%
Q1 2026$1.1B+15%
Q4 2025$1.3B+27%
Q3 2025$1.3B+100%
Q2 2025$989M+45%
Q1 2025$927M+50%
Q4 2024$1B+115%

HOOD has the edge over ASB on sales, with more consistent year-over-year improvement.

ASB Free Cash Flow

Q4 2023: $65MQ1 2024: $155MQ2 2024: $113MQ3 2024: $105MQ4 2024: $207MQ1 2025: $98MQ2 2025: $141MQ3 2025: $158MQ4 2025: $218MQ1 2026: $136MQ2 2026: $207MQ3 2026: $329M
Q4 2023: $65MQ1 2024: $155MQ2 2024: $113MQ3 2024: $105MQ4 2024: $207MQ1 2025: $98MQ2 2025: $141MQ3 2025: $158MQ4 2025: $218MQ1 2026: $136MQ2 2026: $207MQ3 2026: $329M
QuarterFree cash flowYoY
Q3 2026$329.2M+108%
Q2 2026$207.1M+46%
Q1 2026$135.9M+38%
Q4 2025$218.1M+5.3%
Q3 2025$158M+50%
Q2 2025$141.5M+25%
Q1 2025$98.2M-36%
Q4 2024$207.1M+220%

ASB has the edge over HOOD on cash flow, with more consistent year-over-year improvement.

HOOD Free Cash Flow

Q4 2023: $960MQ1 2024: −$623MQ2 2024: $54MQ3 2024: $1.8BQ4 2024: −$1.4BQ1 2025: $642MQ2 2025: $3.5BQ3 2025: −$1.6BQ4 2025: −$937MQ1 2026: $2BQ2 2026: $720MQ3 2026: $1.2B
Q4 2023: $960MQ1 2024: −$623MQ2 2024: $54MQ3 2024: $1.8BQ4 2024: −$1.4BQ1 2025: $642MQ2 2025: $3.5BQ3 2025: −$1.6BQ4 2025: −$937MQ1 2026: $2BQ2 2026: $720MQ3 2026: $1.2B
QuarterFree cash flowYoY
Q3 2026$1.2B+$2.8B
Q2 2026$720M-79%
Q1 2026$2B+217%
Q4 2025-$937M+$463M
Q3 2025-$1.6B-187%
Q2 2025$3.5B+6398%
Q1 2025$642M+$1.3B
Q4 2024-$1.4B-246%

HOOD's free cash flow was $3B over the past year, up 159% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HOOD.

ASB Total Shares

Q4 2023: 151MQ1 2024: 151MQ2 2024: 151MQ3 2024: 151MQ4 2024: 153MQ1 2025: 167MQ2 2025: 166MQ3 2025: 167MQ4 2025: 167MQ1 2026: 167MQ2 2026: 190MQ3 2026: 189M
Q4 2023: 151MQ1 2024: 151MQ2 2024: 151MQ3 2024: 151MQ4 2024: 153MQ1 2025: 167MQ2 2025: 166MQ3 2025: 167MQ4 2025: 167MQ1 2026: 167MQ2 2026: 190MQ3 2026: 189M
PeriodChange %Net change
Quarterly-0.7%-1.4M shares
1 year+13%+21.8M shares
3 years+25%+37.5M shares
5 years+25%+37.4M shares
Available history+16%+26.6M shares

ASB has 189M diluted shares, up 13% from a year ago.

HOOD Total Shares

Q4 2023: 891MQ1 2024: 896MQ2 2024: 904MQ3 2024: 906MQ4 2024: 906MQ1 2025: 909MQ2 2025: 909MQ3 2025: 918MQ4 2025: 919MQ1 2026: 915MQ2 2026: 912MQ3 2026: 911M
Q4 2023: 891MQ1 2024: 896MQ2 2024: 904MQ3 2024: 906MQ4 2024: 906MQ1 2025: 909MQ2 2025: 909MQ3 2025: 918MQ4 2025: 919MQ1 2026: 915MQ2 2026: 912MQ3 2026: 911M
PeriodChange %Net change
Quarterly-0.1%-1M shares
1 year-0.8%-6.9M shares
3 years+1.8%+15.9M shares
5 years+292%+679M shares
Available history+7.2%+60.8M shares

HOOD has the edge over ASB on shareholder dilution, with a more favorable share count trend.

ASB Net Leverage

Q4 2023: 6.1xQ1 2024: 1.9xQ2 2024: 1.9xQ3 2024: 3.4xQ4 2024: 2.2xQ1 2025: 1.8xQ2 2025: 0.6xQ3 2025: 1.7xQ4 2025: 1.2xQ1 2026: 0.8xQ2 2026: 0.8xQ3 2026: 0.3x
Q4 2023: 6.1xQ1 2024: 1.9xQ2 2024: 1.9xQ3 2024: 3.4xQ4 2024: 2.2xQ1 2025: 1.8xQ2 2025: 0.6xQ3 2025: 1.7xQ4 2025: 1.2xQ1 2026: 0.8xQ2 2026: 0.8xQ3 2026: 0.3x
QuarterNet LeverageStatus
Q3 20260.3xVery low
Q2 20260.8xVery low
Q1 20260.8xVery low
Q4 20251.2xHealthy
Q3 20251.7xHealthy
Q2 20250.6xVery low
Q1 20251.8xHealthy
Q4 20242.2xModerate

ASB's net debt is less than a year of its operating earnings (EBITDA), down from 1.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like ASB.

HOOD Net Leverage

Q1 2024: -22.9xQ2 2024: -12.0xQ3 2024: -7.6xQ4 2024: -3.8xQ1 2025: -3.3xQ2 2025: -2.6xQ3 2025: -2.1xQ4 2025: -1.9xQ1 2026: -2.2xQ2 2026: -2.1xQ3 2026: -1.3x
Q1 2024: -22.9xQ2 2024: -12.0xQ3 2024: -7.6xQ4 2024: -3.8xQ1 2025: -3.3xQ2 2025: -2.6xQ3 2025: -2.1xQ4 2025: -1.9xQ1 2026: -2.2xQ2 2026: -2.1xQ3 2026: -1.3x
QuarterNet LeverageStatus
Q3 2026-1.3xNet Cash
Q2 2026-2.1xNet Cash
Q1 2026-2.2xNet Cash
Q4 2025-1.9xNet Cash
Q3 2025-2.1xNet Cash
Q2 2025-2.6xNet Cash
Q1 2025-3.3xNet Cash
Q4 2024-3.8xNet Cash

HOOD has the edge over ASB on leverage, with a lower net debt burden relative to earnings.

ASB Weekly Momentum

MetricValueStatus
RSI58.3Neutral
Stochastic55.9Neutral

ASB's weekly RSI is 58 (neutral) and its Stochastic is 56 (neutral).

HOOD Weekly Momentum

MetricValueStatus
RSI40.8Neutral
Stochastic9.5Oversold

HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).

ASB PE vs Financial Services Sector

MetricASBSector medianRelative
PE11x13x18% below
PE %516312 pts below

ASB has the edge over HOOD on valuation relative to its sector.

HOOD PE vs Financial Services Sector

MetricHOODSector medianRelative
PE38x13x189% above
PE %226644 pts below

HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.

ASB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$29.73.7% above
20 week MA$30.41.3% above
50 week MA$28.58.2% above
100 week MA$26.417% above
200 week MA$23.332% above

ASB has the edge over HOOD on trend strength, trading above more of its moving averages.

HOOD Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$97.817% below
20 week MA$102.220% below
50 week MA$95.415% below
100 week MA$88.58.1% below
200 week MA$52.156% above

HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.

ASB Yearly ROI

YearStart priceEnd priceROI
2020$22.0$17.0-23%
2021$17.0$22.5+32%
2022$22.5$22.7+1.2%
2023$22.7$21.4-5.9%
2024$21.4$24.1+12%
2025$24.1$26.4+9.6%
2026 YTD$26.4$30.8+17%

ASB has the edge over HOOD on returns for 2026, with the stronger performance.

HOOD Yearly ROI

YearStart priceEnd priceROI
2021$35.2$18.9-46%
2022$18.9$7.95-58%
2023$7.95$12.7+60%
2024$12.7$39.0+206%
2025$39.0$118.1+203%
2026 YTD$118.1$81.4-31%

HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.

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