Exchange Income Corporation

TSX:EIF Stock Report

Market Cap: CA$2.8b

Exchange Income Management

Management criteria checks 4/4

Exchange Income's CEO is Mike Pyle, appointed in Aug 2006, has a tenure of 18.33 years. total yearly compensation is CA$3.81M, comprised of 22.7% salary and 77.3% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth CA$1.19M. The average tenure of the management team and the board of directors is 8.6 years and 15.4 years respectively.

Key information

Mike Pyle

Chief executive officer

CA$3.8m

Total compensation

CEO salary percentage22.7%
CEO tenure18.3yrs
CEO ownership0.04%
Management average tenure8.6yrs
Board average tenure15.4yrs

Recent management updates

Recent updates

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Dec 21
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Dec 11
Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Nov 19
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 09
Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement

Jun 15
Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement

We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

May 22
We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?

Apr 13
Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?

Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down

Feb 24
Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down

What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?

Jan 09
What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?

Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?

Dec 08
Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?

Is Exchange Income (TSE:EIF) A Risky Investment?

Nov 08
Is Exchange Income (TSE:EIF) A Risky Investment?

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21

Oct 20
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21

Returns On Capital At Exchange Income (TSE:EIF) Have Stalled

Oct 11
Returns On Capital At Exchange Income (TSE:EIF) Have Stalled

Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21

Sep 21
Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21

Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today

Sep 11
Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21

Aug 20
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21

With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case

Jun 10
With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case

Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21

May 21
Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21

Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

May 11
Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?

Apr 02
Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?

Is Exchange Income (TSE:EIF) Using Too Much Debt?

Mar 14
Is Exchange Income (TSE:EIF) Using Too Much Debt?

Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

Jan 25
Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

CEO Compensation Analysis

How has Mike Pyle's remuneration changed compared to Exchange Income's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$122m

Jun 30 2024n/an/a

CA$116m

Mar 31 2024n/an/a

CA$120m

Dec 31 2023CA$4mCA$866k

CA$122m

Sep 30 2023n/an/a

CA$120m

Jun 30 2023n/an/a

CA$120m

Mar 31 2023n/an/a

CA$113m

Dec 31 2022CA$4mCA$830k

CA$110m

Sep 30 2022n/an/a

CA$106m

Jun 30 2022n/an/a

CA$79m

Mar 31 2022n/an/a

CA$65m

Dec 31 2021CA$3mCA$780k

CA$69m

Sep 30 2021n/an/a

CA$59m

Jun 30 2021n/an/a

CA$54m

Mar 31 2021n/an/a

CA$40m

Dec 31 2020CA$2mCA$623k

CA$28m

Sep 30 2020n/an/a

CA$40m

Jun 30 2020n/an/a

CA$52m

Mar 31 2020n/an/a

CA$71m

Dec 31 2019CA$2mCA$714k

CA$84m

Sep 30 2019n/an/a

CA$77m

Jun 30 2019n/an/a

CA$72m

Mar 31 2019n/an/a

CA$70m

Dec 31 2018CA$2mCA$727k

CA$71m

Sep 30 2018n/an/a

CA$69m

Jun 30 2018n/an/a

CA$69m

Mar 31 2018n/an/a

CA$75m

Dec 31 2017CA$2mCA$669k

CA$72m

Compensation vs Market: Mike's total compensation ($USD2.64M) is about average for companies of similar size in the Canadian market ($USD2.10M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Pyle (60 yo)

18.3yrs

Tenure

CA$3,809,809

Compensation

Mr. Michael C. Pyle, also known as Mike, MBA, ICD D., has been the Chief Executive Officer at Exchange Income Corporation since August 01, 2006. He had been an Independent Director of Next Hydrogen Solutio...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Pyle
CEO & Director18.3yrsCA$3.81m0.042%
CA$ 1.2m
Duncan Jessiman
Executive Vice Chairman15.4yrsCA$268.40k0.32%
CA$ 9.1m
Carmele Peter
President10.4yrsCA$2.87m0.011%
CA$ 298.1k
Richard Wowryk
Chief Financial Officer2.5yrsCA$848.38k0.015%
CA$ 412.2k
Hank Gibson
President of Regional Oneno dataCA$1.35mno data
Darren Francis
CEO of Northern Mat & Bridge LPno dataCA$1.69mno data
Darwin Sparrow
Chief Operating Officer9.6yrsCA$447.22k0.0064%
CA$ 179.6k
Curtis Anderson
Chief Technology Officer2.9yrsno datano data
Travis Muhr
Chief Administrative Officer1.7yrsno data0.011%
CA$ 297.9k
Pam Plaster
Vice President of Investor Developmentno datano datano data
Dianne Spencer
Manager of Compliance & Corporate Secretary19.3yrsno data0.0018%
CA$ 50.8k
Steven Stennett
Chief Legal Officer7.7yrsno data0.0024%
CA$ 68.9k

8.6yrs

Average Tenure

60yo

Average Age

Experienced Management: EIF's management team is seasoned and experienced (8.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Pyle
CEO & Director15.4yrsCA$3.81m0.042%
CA$ 1.2m
Duncan Jessiman
Executive Vice Chairman15.4yrsCA$268.40k0.32%
CA$ 9.1m
Edward Warkentin
Independent Director15.4yrsCA$185.00k0.32%
CA$ 9.1m
Donald Streuber
Independent Chairman15.4yrsCA$275.00k0.29%
CA$ 8.2m
Melissa Sonberg
Independent Director6.6yrsCA$190.00kno data
Gary Buckley
Independent Director15.4yrsCA$190.00k0.95%
CA$ 26.9m
W. J. Bennett
Independent Director15.4yrsCA$185.00kno data
Barb Gamey
Independent Director1.6yrsCA$116.67k0.0042%
CA$ 117.5k
Polly Craik
Independent Director6.6yrsCA$175.00k0.0087%
CA$ 244.5k
Bruce William Jack
Independent Director2.6yrsCA$195.00k0.025%
CA$ 704.1k

15.4yrs

Average Tenure

66.5yo

Average Age

Experienced Board: EIF's board of directors are seasoned and experienced ( 15.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 23:01
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Exchange Income Corporation is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Capital Markets
Matthew LeeCanaccord Genuity
Krista FriesenCIBC Capital Markets