How Much Did Lån & Spar Bank A/S's (CPH:LASP) CEO Pocket Last Year?
In 2007 John Christiansen was appointed CEO of Lån & Spar Bank A/S (CPH:LASP). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll consider growth that the business demonstrates. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
View our latest analysis for Lån &r Bank
How Does John Christiansen's Compensation Compare With Similar Sized Companies?
Our data indicates that Lån & Spar Bank A/S is worth ø1.6b, and total annual CEO compensation is ø3.6m. (This figure is for the year to December 2018). We think total compensation is more important but we note that the CEO salary is lower, at ø3.0m. We examined companies with market caps from ø671m to ø2.7b, and discovered that the median CEO total compensation of that group was ø3.6m.
So John Christiansen receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn't tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see a visual representation of the CEO compensation at Lån &r Bank, below.
Is Lån & Spar Bank A/S Growing?
On average over the last three years, Lån & Spar Bank A/S has grown earnings per share (EPS) by 6.1% each year (using a line of best fit). Its revenue is up 1.9% over last year.
I would argue that the improvement in revenue isn't particularly impressive, but I'm happy with the modest EPS growth. So there are some positives here, but not enough to earn high praise. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Lån & Spar Bank A/S Been A Good Investment?
With a total shareholder return of 29% over three years, Lån & Spar Bank A/S shareholders would, in general, be reasonably content. But they would probably prefer not to see CEO compensation far in excess of the median.
In Summary...
Remuneration for John Christiansen is close enough to the median pay for a CEO of a similar sized company .
We think many would like to see better growth. While there is room for improvement, we haven't seen evidence to suggest the pay is too generous. Whatever your view on compensation, you might want to check if insiders are buying or selling Lån &r Bank shares (free trial).
If you want to buy a stock that is better than Lån &r Bank, this free list of high return, low debt companies is a great place to look.
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 editorial-team@simplywallst.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.
