ASB vs EBC

Comparison between Associated Banc-Corp (ASB, Company) and Eastern Bankshares Inc (EBC, Company).

Both ASB and EBC are from the Financial Services sector.

5-Year PerformanceASB has outperformed EBC, delivering a return of +8.4% compared to +0.3%

ASB vs EBC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ASB(COMPANY)	EBC(COMPANY)
Market Cap	$4.63B	$4.61B
Max Drawdown	74.74%	54.12%
Sharpe Ratio	0.69	0.97
5Y Beta	1.17	1.01
Industry	Banks - Regional	Banks - Regional
P/E Ratio	9.42	11.82
Forward P/E	9.34	10.45
PEG Ratio	0.05	N/A
Dividend Yield	3.42%	2.69%
5Y Dividends CAGR	10.20%	54.02%
5Y EPS CAGR	5.15%	N/A
Debt to Equity	19.77%	0.00%
Free Cash Flow Yield	14.11%	8.15%

Market Cap

Winner

ASB

$4.63B

EBC

$4.61B

Max Drawdown

ASB

74.74%

Winner

EBC

54.12%

Sharpe Ratio

ASB

0.69

Winner

EBC

0.97

5Y Beta

ASB

1.17

Winner

EBC

1.01

Industry

ASB

Banks - Regional

EBC

Banks - Regional

P/E Ratio

Winner

ASB

9.42

EBC

11.82

Forward P/E

Winner

ASB

9.34

EBC

10.45

PEG Ratio

ASB

0.05

EBC

N/A

Dividend Yield

Winner

ASB

3.42%

EBC

2.69%

5Y Dividends CAGR

ASB

10.20%

Winner

EBC

54.02%

5Y EPS CAGR

ASB

5.15%

EBC

N/A

Debt to Equity

ASB

19.77%

Winner

EBC

0.00%

Free Cash Flow Yield

Winner

ASB

14.11%

EBC

8.15%

ASB vs EBC - Historical Returns

Returns include dividend reinvestment.

Period	ASB	EBC
1 month	-1.32%	-5.39%
3 months	-1.13%	-6.74%
6 months	+15.76%	+15.33%
1 year	+21.09%	+31.30%
5 years(CAGR)	+8.39%	+0.26%
10 years(CAGR)	+8.05%	N/A
Max(CAGR)	+3.86%	+11.80%

Winner

ASB

-1.32%

EBC

-5.39%

Winner

ASB

-1.13%

EBC

-6.74%

Winner

ASB

+15.76%

EBC

+15.33%

ASB

+21.09%

Winner

EBC

+31.30%

5Y(CAGR)

Winner

ASB

+8.39%

EBC

+0.26%

10Y(CAGR)

ASB

+8.05%

EBC

N/A

Max(CAGR)

ASB

+3.86%

Winner

EBC

+11.80%

ASB vs EBC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ASB	EBC
2026	+9.62%	+7.74%
2025	+13.30%	+12.03%
2024	+14.32%	+26.39%
2023	-3.19%	-14.72%
2022	+3.46%	-14.90%
2021	+36.07%	+30.09%
2020	-18.44%	+34.24%
2019	+14.18%	N/A
2018	-20.17%	N/A
2017	+3.91%	N/A
2016	+38.27%	N/A
2015	+4.16%	N/A
2014	+10.60%	N/A
2013	+30.25%	N/A
2012	+16.84%	N/A
2011	-27.05%	N/A
2010	+31.23%	N/A
2009	-46.82%	N/A
2008	-17.15%	N/A
2007	-19.49%	N/A
2006	+10.27%	N/A
2005	+2.07%	N/A
2004	+20.61%	N/A
2003	+28.31%	N/A
2002	+11.07%	N/A
2001	+22.88%	N/A
2000	-3.16%	N/A
1999	-10.90%	N/A

ASB vs EBC Drawdown Comparison

The maximum drawdown for ASB was -71.36%, occurring on Sep 22, 2011. Recovery took 2833 trading sessions.

The maximum drawdown for EBC was -52.33%, occurring on May 2, 2023. Recovery took 1170 trading sessions.

The current ASB drawdown is -3.86%. The current EBC drawdown is -9.08%.

Rank	ASB	EBC
#1	-71.36% Feb 20, 2007 - May 21, 2018	-52.33% May 24, 2021 - Jan 21, 2026
#2	-60.21% Jun 8, 2018 - Jan 11, 2022	-15.03% Feb 9, 2026 - Mar 18, 2026
#3	-44.84% Dec 1, 1999 - Mar 4, 2002	-6.31% Dec 24, 2020 - Jan 7, 2021
#4	-41.36% Nov 10, 2022 - Jul 16, 2024	-6.01% Jan 7, 2021 - Feb 22, 2021
#5	-31.57% Nov 6, 2024 - Dec 10, 2025	-4.82% May 6, 2021 - May 20, 2021
#6	-30.20% Feb 8, 2022 - Nov 10, 2022	-4.46% Mar 19, 2021 - Apr 15, 2021
#7	-28.26% May 14, 2002 - May 30, 2003	-4.41% Oct 22, 2020 - Nov 9, 2020
#8	-16.38% Feb 6, 2026 - Mar 18, 2026	-3.69% Dec 14, 2020 - Dec 22, 2020
#9	-16.20% Jul 26, 2024 - Oct 28, 2024	-2.27% Apr 16, 2021 - Apr 23, 2021
#10	-15.60% Jul 20, 2005 - Feb 16, 2006	-2.22% Oct 15, 2020 - Oct 21, 2020
#11	-12.95% Nov 4, 2004 - Jul 8, 2005	-2.19% Feb 3, 2026 - Feb 9, 2026
#12	-12.34% Feb 27, 2006 - Dec 12, 2006	-2.11% Jan 22, 2026 - Jan 29, 2026
#13	-10.80% Mar 5, 2004 - Jul 20, 2004	-2.06% Feb 25, 2021 - Mar 2, 2021
#14	-6.48% Jan 14, 2022 - Feb 8, 2022	-1.46% Nov 18, 2020 - Nov 23, 2020
#15	-6.01% Jun 16, 2003 - Jul 14, 2003	-1.25% Mar 15, 2021 - Mar 17, 2021

Correlation

Correlation between ASB and EBC is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60

-101

Dividend Comparison (2000 - 2026)

ASB vs EBC dividend yield comparison.

Year	ASB	EBC
2026	0.86%	0.66%
2025	3.61%	2.77%
2024	3.72%	2.61%
2023	3.97%	2.89%
2022	3.51%	2.32%
2021	3.36%	1.49%
2020	4.22%	0.00%
2019	3.13%	0.00%
2018	3.13%	0.00%
2017	1.97%	0.00%
2016	1.82%	0.00%
2015	2.19%	0.00%
2014	1.99%	0.00%
2013	1.90%	0.00%
2012	1.75%	0.00%
2011	0.36%	0.00%
2010	0.26%	0.00%
2009	4.27%	0.00%
2008	6.07%	0.00%
2007	4.50%	0.00%
2006	3.27%	0.00%
2005	3.26%	0.00%
2004	2.94%	0.00%
2003	3.11%	0.00%
2002	3.57%	0.00%
2001	3.46%	0.00%
2000	3.82%	0.00%