Bank of Valletta p.l.c.

MTSE:BOV Stock Report

Market Cap: €1.0b

Bank of Valletta Management

Management criteria checks 2/4

Bank of Valletta's CEO is Kenneth Farrugia, appointed in Oct 2022, has a tenure of 2.08 years. total yearly compensation is €402.59K, comprised of 68.4% salary and 31.6% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth €167.42K. The average tenure of the management team and the board of directors is 3.4 years and 2.8 years respectively.

Key information

Kenneth Farrugia

Chief executive officer

€402.6k

Total compensation

CEO salary percentage68.4%
CEO tenure2.1yrs
CEO ownership0.02%
Management average tenure3.4yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Here's Why Bank of Valletta (MTSE:BOV) Has Caught The Eye Of Investors

May 09
Here's Why Bank of Valletta (MTSE:BOV) Has Caught The Eye Of Investors

Is Bank of Valletta p.l.c.'s (MTSE:BOV) 2.8% Dividend Worth Your Time?

Feb 19
Is Bank of Valletta p.l.c.'s (MTSE:BOV) 2.8% Dividend Worth Your Time?

Reflecting on Bank of Valletta's (MTSE:BOV) Share Price Returns Over The Last Five Years

Dec 28
Reflecting on Bank of Valletta's (MTSE:BOV) Share Price Returns Over The Last Five Years

CEO Compensation Analysis

How has Kenneth Farrugia's remuneration changed compared to Bank of Valletta's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€197m

Mar 31 2024n/an/a

€182m

Dec 31 2023€403k€276k

€168m

Sep 30 2023n/an/a

€171m

Jun 30 2023n/an/a

€147m

Mar 31 2023n/an/a

€89m

Dec 31 2022€218k€40k

€32m

Compensation vs Market: Kenneth's total compensation ($USD439.31K) is below average for companies of similar size in the MT market ($USD1.02M).

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

CEO

Kenneth Farrugia

2.1yrs

Tenure

€402,586

Compensation

Mr. Kenneth Farrugia serves as Chief Executive Officer & Executive Director of Bank of Valletta p.l.c. since 2022. He was the Chief Retail Banking Officer of Bank of Valletta p.l.c. until 2022. Mr. Farrugi...

Leadership Team

NamePositionTenureCompensationOwnership
Kenneth Farrugia
CEO & Executive Director2.1yrs€402.59k0.016%
€ 167.4k
Anatoli Grech
Executive Director & Group Chief Compliance Officerno data€80.81k0.0011%
€ 11.3k
Izabela Banas
Chief Financial Officer3.7yrsno datano data
Ernest Agius
Chief Operations Officer8.5yrsno datano data
Joseph Agius
Chief Technology Officer10.1yrsno datano data
Ray Debattista
Chief People & Culture Officer2.8yrsno datano data
Albert Frendo
Chief Business Banking Officerno datano datano data
Sue Torpiano
Head of Chief Executive Officer's Officeno datano datano data
Simon Azzopardi
Chief Personal & Wealth Officer3.8yrsno datano data
Theodoros Papadopoulos
Chief Digital Officer3.2yrsno datano data
Elena Dourou
Group Chief Internal Auditor3.1yrsno datano data
Ivo Camilleri
Chief Strategyno datano datano data

3.4yrs

Average Tenure

Experienced Management: BOV's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kenneth Farrugia
CEO & Executive Director2.1yrs€402.59k0.016%
€ 167.4k
Anatoli Grech
Executive Director & Group Chief Compliance Officer1.3yrs€80.81k0.0011%
€ 11.3k
James Grech
Non-Executive Director9.9yrs€109.74kno data
Gordon Cordina
Independent Non-Executive Chairman4.1yrs€108.00kno data
Godfrey Swain
Independent Non-Executive Director3.5yrs€34.86k0.017%
€ 178.0k
Anita Mangion
Independent Non-Executive Director7.9yrs€37.70kno data
Diane Bugeja
Independent Non-Executive Director4.9yrs€37.72k0.0050%
€ 52.2k
Deborah Schembri
Independent Non-Executive Director2.1yrs€39.43kno data
Nicola Angeli
Independent Non-Executive Director1.3yrs€16.54kno data
Robert Suban
Independent Non-Executive Director1.5yrs€20.21kno data

2.8yrs

Average Tenure

Experienced Board: BOV's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.