How Should Investors Feel About Bank of South Carolina Corporation’s (NASDAQ:BKSC) CEO Pay?
Fleetwood Hassell became the CEO of Bank of South Carolina Corporation (NASDAQ:BKSC) in 2012. First, this article will compare CEO compensation with compensation at similar sized companies. 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 of South Carolina
How Does Fleetwood Hassell’s Compensation Compare With Similar Sized Companies?
According to our data, Bank of South Carolina Corporation has a market capitalization of US$108m, and pays its CEO total annual compensation worth US$310k. Notably, that’s an increase of 18% over the year before. We examined a group of similar sized companies, with market capitalizations of below US$200m. The median CEO compensation in that group is US$292k.
So Fleetwood Hassell receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn’t particularly informative alone, it gains more meaning when considered with business performance.
The graphic below shows how CEO compensation at Bank of South Carolina has changed from year to year.
Is Bank of South Carolina Corporation Growing?
Over the last three years Bank of South Carolina Corporation has grown its earnings per share (EPS) by an average of 3.8% per year. In the last year, its revenue is up 7.0%.
I’d prefer higher revenue growth, but it is good to see modest EPS growth. Considering these factors I’d say performance has been pretty decent, though not amazing.
Although we don’t have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Bank of South Carolina Corporation Been A Good Investment?
I think that the total shareholder return of 46%, over three years, would leave most Bank of South Carolina Corporation shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
In Summary…
Fleetwood Hassell is paid around what is normal the leaders of comparable size companies.
The company isn’t showing particularly great growth, but shareholder returns have been pleasing. So all things considered I’d venture that the CEO pay is appropriate. Shareholders may want to check for free if Bank of South Carolina Corporation insiders are buying or selling shares.
Of course, the past can be informative so you might be interested in considering this analytical visualization showing the company history of earnings and revenue.
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.
