JTC Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Nigel Le Quesne

Chief executive officer

UK£1.7m

Total compensation

CEO salary percentage	28.5%
CEO tenure	6.9yrs
CEO ownership	6.7%
Management average tenure	3.9yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nigel Le Quesne's remuneration changed compared to JTC's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	UK£29m
Mar 31 2024	n/a	n/a	UK£25m
Dec 31 2023	UK£2m	UK£492k	UK£22m
Sep 30 2023	n/a	n/a	UK£24m
Jun 30 2023	n/a	n/a	UK£25m
Mar 31 2023	n/a	n/a	UK£30m
Dec 31 2022	UK£1m	UK£448k	UK£35m
Sep 30 2022	n/a	n/a	UK£23m
Jun 30 2022	n/a	n/a	UK£11m
Mar 31 2022	n/a	n/a	UK£19m
Dec 31 2021	UK£1m	UK£435k	UK£27m
Sep 30 2021	n/a	n/a	UK£32m
Jun 30 2021	n/a	n/a	UK£37m
Mar 31 2021	n/a	n/a	UK£24m
Dec 31 2020	UK£1m	UK£420k	UK£11m

Compensation vs Market: Nigel's total compensation ($USD2.17M) is about average for companies of similar size in the UK market ($USD2.42M).

Compensation vs Earnings: Nigel's compensation has increased by more than 20% in the past year.

CEO

Nigel Le Quesne (63 yo)

6.9yrs

Tenure

UK£1,727,000

Compensation

Mr. Nigel Anthony Le Quesne served as Non-Executive Director at Brooks Macdonald International Investment Funds Ltd (formerly Lloyds Investment Funds Ltd) since December 1, 2021 until December 31, 2021. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nigel Le Quesne	Group CEO & Executive Director	no data	UK£1.73m	6.66% £ 106.2m
Martin Fotheringham	Group Chief Financial Officer & Executive Director	9.9yrs	UK£1.25m	0.45% £ 7.2m
Wendy Holley	COO, Chief Sustainability Officer & Executive Director	2.9yrs	UK£937.00k	0.26% £ 4.1m
Kate Beauchamp	Group Head of Institutional Client Services	less than a year	UK£65.00k	0.0087% £ 139.3k
Adam Jeffries	Group Chief Information Officer	10.9yrs	no data	no data
William Byrne	Chief Group Counsel	5.9yrs	no data	no data
Sarah Kittleson	Group Director of Risk & Compliance	2.7yrs	no data	no data
David Vieira	Chief Communications Officer & Group Head of Sustainability Services	no data	no data	no data
Carol Graham	Group Director of Human Resources	no data	no data	no data
Tracey McFarlane	Chief Operating Officer of Private Client Services	4.7yrs	no data	no data
Kenny Rae	MD of Jersey & COO of Institutional Client Services	3.9yrs	no data	no data
Timothy Knight	Head of Corporate Services of Jersey	3.6yrs	no data	no data

3.9yrs

Average Tenure

57.5yo

Average Age

Experienced Management: JTCL's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nigel Le Quesne	Group CEO & Executive Director	6.9yrs	UK£1.73m	6.66% £ 106.2m
Martin Fotheringham	Group Chief Financial Officer & Executive Director	6.9yrs	UK£1.25m	0.45% £ 7.2m
Wendy Holley	COO, Chief Sustainability Officer & Executive Director	5.4yrs	UK£937.00k	0.26% £ 4.1m
Dermot Colin Mathias	Senior Independent Non-Executive Director	6.8yrs	UK£80.00k	0.016% £ 252.2k
Michael Liston	Independent Non-Executive Chairman	6.8yrs	UK£120.00k	0.028% £ 443.1k
Michael Gray	Independent Non-Executive Director	6.8yrs	UK£70.00k	0.011% £ 168.1k
Hong May	Independent Non-Executive Director	no data	no data	no data
Erika Schraner	Independent Non-Executive Director	5.1yrs	UK£70.00k	0.0099% £ 157.3k

6.8yrs

Average Tenure

59yo

Average Age

Experienced Board: JTCL's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 08:49
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

JTC PLC is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Bayliss	Berenberg
Eoghan Reid	Berenberg
Calum Battersby	Berenberg

JTC Management

Management criteria checks 3/4

Key information

Recent management updates

JTC PLC Appoints May Hong Mei Knight as Independent Non-Executive Director and Chair of the Governance & Risk Committee and as a Member of the Audit, Remuneration and Nomination Committees, Effective 5 December 2024

JTC PLC, Annual General Meeting, May 21, 2024

Key Executive recently sold UK£751k worth of stock

JTC Announces Appointment of Smith as Director of Sustainability Services

JTC PLC Appoints Richard Van't Hof and Greg Russell as Managing Director - Fund Services, and Head of Depositary Respectively

Insufficient new directors

Recent updates

JTC PLC (LSE:JTC) completed the acquisition of FFP (Holdings) Limited.

JTC PLC (LSE:JTC) completed the acquisition of BuckUK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co. (NYSE:AJG).

JTC PLC Appoints May Hong Mei Knight as Independent Non-Executive Director and Chair of the Governance & Risk Committee and as a Member of the Audit, Remuneration and Nomination Committees, Effective 5 December 2024

JTC PLC Declares Interim Dividend, Payable on 25 October 2024

JTC PLC (LSE:JTC) completed the acquisition of First Republic Trust Company of Delaware LLC (FRTC-DE) from JPMorgan Chase Bank, National Association.

JTC PLC to Report Fiscal Year 2024 Results on Apr 08, 2025

JTC PLC (LSE:JTC) acquired Hanway Advisory Limited.

JTC PLC (LSE:JTC) agreed to acquire FFP (Holdings) Limited for approximately $110 million.

JTC PLC Approves Final Dividend, Payable on June 28,2024

Upcoming dividend of UK£0.077 per share

Now 20% overvalued after recent price rise

JTC PLC (LSE:JTC) agreed to acquire First Republic Trust Company of Delaware LLC (FRTC-DE) from JPMorgan Chase Bank, National Association for $21 million.

Final dividend increased to UK£0.077

JTC PLC Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 28 June 2024

Full year 2023 earnings released: EPS: UK£0.14 (vs UK£0.24 in FY 2022)

Now 21% overvalued after recent price rise

JTC PLC (LSE:JTC) acquired Blackheath Capital Management LLP.

JTC PLC, Annual General Meeting, May 21, 2024

Key Executive recently sold UK£751k worth of stock

JTC Announces Appointment of Smith as Director of Sustainability Services

First half 2023 earnings released: EPS: UK£0.076 (vs UK£0.14 in 1H 2022)

JTC PLC Declares Interim Dividend, Payable on 20 October 2023

JTC PLC (LSE:JTC) completed the acquisition of South Dakota Trust Company, L.L.C.

JTC PLC to Report First Half, 2023 Results on Sep 12, 2023

New minor risk - Shareholder dilution

JTC PLC has completed a Follow-on Equity Offering in the amount of £62.000001 million.

JTC PLC (LSE:JTC) entered into a definitive agreement to acquire South Dakota Trust Company, L.L.C. for approximately $270 million.

JTC PLC Approves Final Dividend, Payable on June 30, 2023

Upcoming dividend of UK£0.069 per share at 1.4% yield

JTC PLC Appoints Richard Van't Hof and Greg Russell as Managing Director - Fund Services, and Head of Depositary Respectively

Full year 2022 earnings released: EPS: UK£0.24 (vs UK£0.20 in FY 2021)

JTC PLC to Report Fiscal Year 2022 Results on Apr 11, 2023

Insufficient new directors

JTC PLC (LSE:JTC) acquired New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc.

First half 2022 earnings released: EPS: UK£0.14 (vs UK£0.30 in 1H 2021)

Investor sentiment improved over the past week

JTC PLC (LSE:JTC) agreed to acquire New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc.

Investor sentiment improved over the past week

JTC PLC Announces Appointment of Wendy Holley as an Additional Member of the Nomination Committee

Upcoming dividend of UK£0.051 per share

COO & Executive Director recently bought UK£99k worth of stock

COO & Executive Director recently bought UK£99k worth of stock

Full year 2021 earnings released: EPS: UK£0.20 (vs UK£0.09 in FY 2020)

JTC PLC Declares Full Year Dividend for 2021

Group Head of Technology Strategy recently sold UK£388k worth of stock

Group Head of Technology Strategy recently sold UK£55k worth of stock

Group Head of Technology Strategy recently sold UK£223k worth of stock

JTC PLC Provides Earnings Guidance for the Full Year 2022

JTC PLC (LSE:JTC) acquired Essential Fund Services International, LLC from Gerard M. Federici.

First half 2021 earnings released: EPS UK£0.30 (vs UK£0.086 in 1H 2020)

JTC PLC (LSE:JTC) agreed to acquire Ballybunion Capital Limited from Patrick O'Sullivan.

Key Executive recently bought UK£632k worth of stock

Key Executive recently bought UK£1.3m worth of stock

JTC PLC Reaffirms Earnings Guidance for the Full Year 2021

Key Executive recently sold UK£303k worth of stock

Upcoming dividend of UK£0.043 per share

JTC PLC (LSE:JTC) completed the acquisition of Indos Financial Limited from its management team and a group of private shareholders.

JTC PLC Approves Final Dividend

Group Head of Technology Strategy recently sold UK£363k worth of stock

JTC PLC has completed a Follow-on Equity Offering in the amount of £65.881684 million.

Full year 2020 earnings released: EPS UK£0.09 (vs UK£0.15 in FY 2019)

JTC PLC (LSE:JTC) agreed to acquire Indos Financial Limited from its management team and a group of private shareholders for £12.5 million.

New 90-day high: UK£6.44

New 90-day high: UK£5.96

JTC PLC to Report Fiscal Year 2020 Results on Apr 13, 2021

JTC PLC (LSE:JTC) agreed to acquire RBC cees Limited from RBC Holdings (Channel Islands) Limited for £20 million.

Mike Liston Steps Down as A Member of Audit and Risk Committee of JTC plc

JTC PLC(LSE:JTC) dropped from FTSE All-Small Index (GBP)

JTC PLC (LSE:JTC) completed the acquisition of NES Financial Corp. from the management and external shareholders of NES Financial Corp.