In 2009 Rick Cantele was appointed CEO of Salisbury Bancorp, Inc. (NASDAQ:SAL). 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 - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This method should give us information to assess how appropriately the company pays the CEO.
How Does Rick Cantele's Compensation Compare With Similar Sized Companies?
According to our data, Salisbury Bancorp, Inc. has a market capitalization of US$123m, and paid its CEO total annual compensation worth US$670k over the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$384k. We took a group of companies with market capitalizations below US$200m, and calculated the median CEO total compensation to be US$523k.
So Rick Cantele 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.
The graphic below shows how CEO compensation at Salisbury Bancorp has changed from year to year.
Is Salisbury Bancorp, Inc. Growing?
On average over the last three years, Salisbury Bancorp, Inc. has grown earnings per share (EPS) by 15% each year (using a line of best fit). In the last year, its revenue is up 6.7%.
This demonstrates that the company has been improving recently. A good result. It's also good to see modest revenue growth, suggesting the underlying business is healthy. It could be important to check this free visual depiction of what analysts expect for the future.
Has Salisbury Bancorp, Inc. Been A Good Investment?
With a total shareholder return of 26% over three years, Salisbury Bancorp, Inc. shareholders would, in general, be reasonably content. But they probably don't want to see the CEO paid more than is normal for companies around the same size.
Rick Cantele is paid around the same as most CEOs of similar size companies.
Shareholder returns could be better but shareholders would be pleased with the positive EPS growth. As a result of these considerations, I would suggest the CEO pay is reasonable. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Salisbury Bancorp.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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