ASSOCIATED BANC-CORP
For the period ended Apr 28, 2026. Filed Mar 16, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 28, 2026 · Filed Mar 16, 2026
Contents
Short-Term Incentive
Our annual short-term incentive program, referred to as the Management Incentive Plan (MIP), was established to support the
Company's strategic business objectives, promote the attainment of our annual financial plan and encourage effective
collaboration across teams. Each year, the Committee reviews the MIP structure and establishes performance criteria and
target performance levels to determine the target pool funding available under the MIP for eligible colleagues.
For 2025, the Committee maintained the same MIP metrics and weightings as in 2024 as they continue to reflect the current
business priorities and are viewed as an effective way to gauge the success of the Company in achieving its strategic vision.
All three metrics are critical to the success of the Company and align with creating value for shareholders and reinforcing the
priorities of income growth and managing expense. The MIP metrics are summarized in the following table.
| 2025 MIP Metrics | |||
|---|---|---|---|
| Metric | Weight | Rationale | Metric Definition |
| Net Income After Tax(NIAT) | 40% | Focuses on bottom-line growth. | Represents profit after most expenses (e.g., business costs, provision for loan losses, taxes) have been deducted from revenue. NIAT is a GAAP measure included in the Company’s Annual Report on Form 10-K Consolidated Statement of Income. |
| Revenue Before Long-Term Credit Charge(Revenue Before LTCC) | 30% | Directly aligns with strategic initiatives to grow the Company. | A non-GAAP measure that consists of Net Interest Income plus Noninterest Income (Loss) generated by Associated which can be found in the Company's Annual Consolidated Statement of Income. |
| Operating Leverage | 30% | Measures efficiency aimed at achieving revenue growth faster than expenses, encouraging a balanced focus on growth, not just expense reduction. | Year-over-year percentage change in total Revenue Before LTCC minus the percentage change in total Noninterest Expense. This is a non-GAAP measure. A positive ratio shows that revenue is growing faster than expenses. A negative ratio indicates that expenses are accumulating faster than revenue. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.