Should You Worry About First Busey Corporation’s (NASDAQ:BUSE) CEO Pay?
Van Dukeman has been the CEO of First Busey Corporation (NASDAQ:BUSE) since 2007. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider growth that the business demonstrates. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.
Check out our latest analysis for First Busey
How Does Van Dukeman’s Compensation Compare With Similar Sized Companies?
According to our data, First Busey Corporation has a market capitalization of US$1.4b, and pays its CEO total annual compensation worth US$1m. Notably, that’s an increase of 10% over the year before. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$1.0b to US$3.2b. The median total CEO compensation was US$4m.
This would give shareholders a good impression of the company, since most similar size companies have to pay more, leaving less for shareholders. While this is a good thing, you’ll need to understand the business better before you can form an opinion.
You can see a visual representation of the CEO compensation at First Busey, below.
Is First Busey Corporation Growing?
Over the last three years First Busey Corporation has grown its earnings per share (EPS) by an average of 8.2% per year. Its revenue is up 26% over last year.
It’s great to see that revenue growth is strong. Combined with modest EPS growth, we get a good impression of the company. So while I’d stop short of saying growth is absolutely outstanding, there are definitely some clear positives!
It could be important to check this free visual depiction of what analysts expect for the future.
Has First Busey Corporation Been A Good Investment?
Most shareholders would probably be pleased with First Busey Corporation for providing a total return of 47% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
It appears that First Busey Corporation remunerates its CEO below most similar sized companies.
Van Dukeman is paid less than what is normal at similar size companies, and the total shareholder return has been pleasing over the last three years. We would like to see EPS growth, but in our view it seems the CEO is modestly remunerated. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at First Busey Corporation.
Or you could feast your eyes on this interactive graph depicting past earnings, cash flow 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.
