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 2.25 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 €161.78K. The average tenure of the management team and the board of directors is 3.6 years and 3 years respectively.

Key information

Kenneth Farrugia

Chief executive officer

€402.6k

Total compensation

CEO salary percentage68.4%
CEO tenure2.3yrs
CEO ownership0.02%
Management average tenure3.6yrs
Board average tenure3yrs

Recent management updates

Recent updates

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

Nov 15
Here's Why Bank of Valletta (MTSE:BOV) Has Caught The Eye Of Investors

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 ($USD418.53K) is below average for companies of similar size in the MT market ($USD999.41K).

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


CEO

Kenneth Farrugia

2.3yrs

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 Director2.3yrs€402.59k0.016%
€ 161.8k
Anatoli Grech
Executive Director & Group Chief Compliance Officerno data€80.81k0.0011%
€ 10.9k
Izabela Banas
Chief Financial Officer3.8yrsno datano data
Ernest Agius
Chief Operations Officer8.7yrsno datano data
Joseph Agius
Chief Technology Officer10.3yrsno datano data
Ray Debattista
Chief People & Culture Officer3yrsno 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 Officer4yrsno datano data
Theodoros Papadopoulos
Chief Digital Officer3.3yrsno datano data
Elena Dourou
Group Chief Internal Auditor3.3yrsno datano data
Ivo Camilleri
Chief Strategyno datano datano data

3.6yrs

Average Tenure

Experienced Management: BOV's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kenneth Farrugia
CEO & Executive Director2.3yrs€402.59k0.016%
€ 161.8k
Anatoli Grech
Executive Director & Group Chief Compliance Officer1.4yrs€80.81k0.0011%
€ 10.9k
James Grech
Non-Executive Director10.1yrs€109.74kno data
Gordon Cordina
Independent Non-Executive Chairman4.3yrs€108.00kno data
Godfrey Swain
Independent Non-Executive Director3.7yrs€34.86k0.017%
€ 172.0k
Anita Mangion
Independent Non-Executive Director8.1yrs€37.70kno data
Diane Bugeja
Independent Non-Executive Director5.1yrs€37.72k0.0050%
€ 50.4k
Deborah Schembri
Independent Non-Executive Director2.3yrs€39.43kno data
Nicola Angeli
Independent Non-Executive Director1.4yrs€16.54kno data
Robert Suban
Independent Non-Executive Director1.7yrs€20.21kno data

3.0yrs

Average Tenure

Experienced Board: BOV's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 00:51
End of Day Share Price 2025/01/06 00:00
Earnings2024/06/30
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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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

Bank of Valletta p.l.c. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution