Is Bank First National Corporation’s (NASDAQ:BFC) CEO Incentives Align With Yours?
Mike Molepske became the CEO of Bank First National Corporation (NASDAQ:BFC) in 2008. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Bank First National
How Does Mike Molepske’s Compensation Compare With Similar Sized Companies?
According to our data, Bank First National Corporation has a market capitalization of US$341m, and pays its CEO total annual compensation worth US$847k. That’s a notable increase of 8.4% on last year. We examined companies with market caps from US$200m to US$800m, and discovered that the median CEO compensation of that group was US$2m.
Most shareholders would consider it a positive that Mike Molepske takes less compensation than the CEOs of most similar size companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance.
You can see a visual representation of the CEO compensation at Bank First National, below.
Is Bank First National Corporation Growing?
Bank First National Corporation has increased its earnings per share (EPS) by an average of 14% a year, over the last three years It achieved revenue growth of 42% over the last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It’s great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly.
You might want to check this free visual report on analyst forecasts for future earnings.
Has Bank First National Corporation Been A Good Investment?
Boasting a total shareholder return of 125% over three years, Bank First National Corporation has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
It looks like Bank First National Corporation pays its CEO less than similar sized companies. Considering the underlying business is growing earnings, this would suggest the pay is modest. The pleasing shareholder returns are the cherry on top; you might even consider that Mike Molepske deserves a raise!
It is relatively rare to see a modestly paid CEO when performance is so impressive. The cherry on top would be if company insiders are buying shares with their own money. So you may want to check if insiders are buying Bank First National Corporation shares with their own money (free access).
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
