The CEO of ING Bank Slaski S.A. (WSE:ING) is Brunon Bartkiewicz. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Brunon Bartkiewicz’s Compensation Compare With Similar Sized Companies?
Our data indicates that ING Bank Slaski S.A. is worth zł25b, and total annual CEO compensation is zł4.0m. (This number is for the twelve months until December 2018). We note that’s an increase of 20% above last year. While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at zł2.5m. We looked at a group of companies with market capitalizations from zł15b to zł46b, and the median CEO compensation was zł1.9m.
As you can see, Brunon Bartkiewicz is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean ING Bank Slaski S.A. is paying too much. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
The graphic below shows how CEO compensation at ING Bank Slaski has changed from year to year.
Is ING Bank Slaski S.A. Growing?
ING Bank Slaski S.A. has increased its earnings per share (EPS) by an average of 10.0% a year, over the last three years (using a line of best fit). In the last year, its revenue is up 8.8%.
I would argue that the improvement in revenue isn’t particularly impressive, but it is good to see modest EPS growth. It’s clear the performance has been quite decent, but it it falls short of outstanding,based on this information. Shareholders might be interested in this free visualization of analyst forecasts.
Has ING Bank Slaski S.A. Been A Good Investment?
Most shareholders would probably be pleased with ING Bank Slaski S.A. for providing a total return of 66% over three years. This strong performance might mean some shareholders don’t mind if the CEO were to be paid more than is normal for a company of its size.
We compared total CEO remuneration at ING Bank Slaski S.A. with the amount paid at companies with a similar market capitalization. We found that it pays well over the median amount paid in the benchmark group.
While we generally prefer to see stronger EPS growth, there’s no arguing with the strong returns to shareholders, over the last three years. As a result of the juicy return to investors, the CEO remuneration may well be quite reasonable. Whatever your view on compensation, you might want to check if insiders are buying or selling ING Bank Slaski shares (free trial).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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