In 2012 Fleetwood Hassell was appointed CEO of Bank of South Carolina Corporation (NASDAQ:BKSC). 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.
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$104m, and paid its CEO total annual compensation worth US$314k over the year to December 2018. While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at US$266k. We looked at a group of companies with market capitalizations under US$200m, and the median CEO total compensation was US$523k.
A first glance this seems like a real positive for shareholders, since Fleetwood Hassell is paid less than the average total compensation paid by similar sized companies. While this is a good thing, you’ll need to understand the business better before you can form an opinion.
You can see, below, how CEO compensation at Bank of South Carolina has changed over time.
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 13% per year (using a line of best fit). Its revenue is up 3.6% over last year.
This demonstrates that the company has been improving recently. A good result. It’s nice to see a little revenue growth, as this is consistent with healthy business conditions. Although we don’t have analyst forecasts you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Bank of South Carolina Corporation Been A Good Investment?
With a total shareholder return of 2.5% over three years, Bank of South Carolina Corporation has done okay by shareholders. But they would probably prefer not to see CEO compensation far in excess of the median.
It looks like Bank of South Carolina Corporation pays its CEO less than similar sized companies.
Many would consider this to indicate that the pay is modest since the business is growing. While returns over the last few years haven’t been top notch, there is nothing to suggest to us that Fleetwood Hassell is overcompensated. Few would complain about reasonable CEO remuneration when the business is growing earnings per share. But it would be nice if insiders were also buying shares. So you may want to check if insiders are buying Bank of South Carolina 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.
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