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In 2009 Larry Mazza was appointed CEO of MVB Financial Corp. (NASDAQ:MVBF). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Larry Mazza's Compensation Compare With Similar Sized Companies?
According to our data, MVB Financial Corp. has a market capitalization of US$180m, and pays its CEO total annual compensation worth US$906k. (This figure is for the year to December 2017). We think total compensation is more important but we note that the CEO salary is lower, at US$643k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$100m to US$400m. The median total CEO compensation was US$997k.
So Larry Mazza receives a similar amount to the median CEO pay, amongst the companies we looked at. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.
You can see a visual representation of the CEO compensation at MVB Financial, below.
Is MVB Financial Corp. Growing?
On average over the last three years, MVB Financial Corp. has grown earnings per share (EPS) by 4.9% each year (using a line of best fit). Its revenue is up 7.0% over last year.
I'd prefer higher revenue growth, but I'm happy with the modest EPS growth. So there are some positives here, but not enough to earn high praise. Shareholders might be interested in this free visualization of analyst forecasts.
Has MVB Financial Corp. Been A Good Investment?
MVB Financial Corp. has served shareholders reasonably well, with a total return of 21% over three years. But they would probably prefer not to see CEO compensation far in excess of the median.
Remuneration for Larry Mazza is close enough to the median pay for a CEO of a similar sized company .
The company isn't showing particularly great growth, and shareholder turns haven't been particularly inspiring in the last few years. While there is room for improvement, we haven't seen evidence to suggest the pay is too generous. So you may want to check if insiders are buying MVB Financial shares with their own money (free access).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.