Stellar Bancorp Management

Management criteria checks 3/4

Stellar Bancorp's CEO is Bob Franklin, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is $2.40M, comprised of 31.1% salary and 68.9% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth €11.47M. The average tenure of the management team and the board of directors is 3.5 years and 6.4 years respectively.

Key information

Bob Franklin

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage31.1%
CEO tenure2.2yrs
CEO ownership0.8%
Management average tenure3.5yrs
Board average tenure6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob Franklin's remuneration changed compared to Stellar Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$117m

Jun 30 2024n/an/a

US$114m

Mar 31 2024n/an/a

US$119m

Dec 31 2023US$2mUS$745k

US$130m

Sep 30 2023n/an/a

US$105m

Jun 30 2023n/an/a

US$89m

Mar 31 2023n/an/a

US$70m

Dec 31 2022US$3mUS$574k

US$51m

Sep 30 2022n/an/a

US$71m

Jun 30 2022n/an/a

US$76m

Mar 31 2022n/an/a

US$82m

Dec 31 2021US$2mUS$550k

US$82m

Compensation vs Market: Bob's total compensation ($USD2.40M) is above average for companies of similar size in the German market ($USD1.52M).

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


CEO

Bob Franklin (69 yo)

2.2yrs

Tenure

US$2,395,804

Compensation

Mr. Robert R. Franklin, Jr., also known as Bob, serves as Chief Executive Officer and Director of Stellar Bancorp, Inc. since October 01, 2022. Mr. Franklin serves as Executive Chairman of Stellar Bank sin...


Leadership Team

NamePositionTenureCompensationOwnership
Steven Retzloff
Executive Chairman16.9yrsUS$1.32m0.99%
€ 14.7m
Robert Franklin
CEO & Director2.2yrsUS$2.40m0.78%
€ 11.5m
Ramon Vitulli
President4.9yrsUS$1.34m0.20%
€ 2.9m
Paul Egge
Senior EVP & CFO8yrsUS$1.10m0.11%
€ 1.7m
Justin Long
Senior EVP2.2yrsUS$1.34m0.087%
€ 1.3m
Courtney Theriot
Executive VP & Chief Accounting Officerno datano datano data
Okan Akin
Chief Risk Officer5.9yrsUS$760.85k0.15%
€ 2.2m
Joe West
Senior EVP & Chief Credit Officerno datano data0.18%
€ 2.6m
Travis Jaggers
President of Stellar Bankno dataUS$915.77kno data

3.5yrs

Average Tenure

62yo

Average Age

Experienced Management: C9N0's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steven Retzloff
Executive Chairman16.9yrsUS$1.32m0.99%
€ 14.7m
Robert Franklin
CEO & Director2.2yrsUS$2.40m0.78%
€ 11.5m
Joe Penland
Independent Director17.9yrsUS$117.25k2.45%
€ 36.2m
Frances Jeter
Independent Director2.2yrsUS$132.50k0.053%
€ 788.4k
Jon-Al Duplantier
Independent Director2.2yrsUS$147.00k0.015%
€ 229.4k
John Williams
Independent Director17.9yrsUS$140.66k2.4%
€ 35.6m
Joseph Swinbank
Independent Director11.9yrsUS$172.70k0.62%
€ 9.2m
John Beckworth
Lead Independent Director2.2yrsUS$151.41k0.37%
€ 5.5m
Fred Robertson
Independent Director2.2yrsUS$163.25k0.18%
€ 2.7m
Michael Havard
Independent Director7.9yrsUS$149.58k0.12%
€ 1.8m
William Wilson
Independent Director17.9yrsUS$135.83k0.16%
€ 2.3m
Reagan Reaud
Independent Director4.9yrsUS$139.91k0.021%
€ 305.8k

6.4yrs

Average Tenure

68.5yo

Average Age

Experienced Board: C9N0's board of directors are considered experienced (6.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 11:26
End of Day Share Price 2024/12/23 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Stellar Bancorp, Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce RoweBaird
John RodisJanney Montgomery Scott LLC
Catherine Summerson MealorKeefe, Bruyette, & Woods