Bogota Financial Management
Management criteria checks 3/4
Bogota Financial's CEO is Kevin Pace, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is $440.85K, comprised of 64.9% salary and 35.1% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $412.39K. The average tenure of the management team and the board of directors is 3.9 years and 3.2 years respectively.
Key information
Kevin Pace
Chief executive officer
US$440.8k
Total compensation
| CEO salary percentage | 64.9% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.9yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Bogota Financial gets approval to buy back up to ~556.6K shares
Oct 04Is Now The Time To Put Bogota Financial (NASDAQ:BSBK) On Your Watchlist?
May 18
Bogota Financial reports Q1 results
May 04How Much Are Bogota Financial Corp. (NASDAQ:BSBK) Insiders Spending On Buying Shares?
Feb 19
Would Shareholders Who Purchased Bogota Financial's (NASDAQ:BSBK) Stock Year Be Happy With The Share price Today?
Jan 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$2m |
| Jun 30 2024 | n/a | n/a | -US$2m |
| Mar 31 2024 | n/a | n/a | -US$791k |
| Dec 31 2023 | US$441k | US$286k | US$643k |
| Sep 30 2023 | n/a | n/a | US$4m |
| Jun 30 2023 | n/a | n/a | US$6m |
| Mar 31 2023 | n/a | n/a | US$6m |
| Dec 31 2022 | US$406k | US$251k | US$7m |
| Sep 30 2022 | n/a | n/a | US$7m |
| Jun 30 2022 | n/a | n/a | US$6m |
| Mar 31 2022 | n/a | n/a | US$6m |
| Dec 31 2021 | US$1m | US$211k | US$8m |
| Sep 30 2021 | n/a | n/a | US$7m |
| Jun 30 2021 | n/a | n/a | US$6m |
| Mar 31 2021 | n/a | n/a | US$6m |
| Dec 31 2020 | US$322k | US$211k | US$2m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | US$2m |
| Mar 31 2020 | n/a | n/a | US$729k |
| Dec 31 2019 | US$243k | US$166k | US$2m |
| Sep 30 2019 | n/a | n/a | US$2m |
| Jun 30 2019 | n/a | n/a | US$3m |
| Mar 31 2019 | n/a | n/a | US$3m |
| Dec 31 2018 | US$190k | US$140k | US$4m |
Compensation vs Market: Kevin's total compensation ($USD440.85K) is below average for companies of similar size in the US market ($USD649.63K).
Compensation vs Earnings: Kevin's compensation has increased whilst the company is unprofitable.
CEO
Kevin Pace (45 yo)
1.1yrs
Tenure
US$440,849
Compensation
Mr. Kevin Pace serves as CEO, President and Director at Bogota Financial, MHC since November 30, 2023. He serves as President and Chief Executive Officer since November 30, 2023 at Bogota Savings Bank. Mr....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.1yrs | US$440.85k | 0.43% $ 412.4k | |
| Executive VP & CFO | 13.9yrs | US$372.65k | 0.38% $ 358.4k | |
| Executive VP & Chief Lending Officer | 3.8yrs | US$286.69k | 0.075% $ 71.9k | |
| Senior Vice President of Loan Sales | 3.9yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data |
3.9yrs
Average Tenure
63yo
Average Age
Experienced Management: BSBK's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | US$440.85k | 0.43% $ 412.4k | |
| Independent Director | 12.9yrs | US$107.54k | 1.41% $ 1.3m | |
| Independent Director | 2.6yrs | US$78.85k | 0.068% $ 64.6k | |
| Advisory Director | 1.1yrs | US$2.06m | 0.79% $ 750.8k | |
| Independent Chairman of the Board | 18.9yrs | US$120.11k | 0.31% $ 292.9k | |
| Independent Director | 3.8yrs | US$78.85k | 0.018% $ 17.3k |
3.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BSBK's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 00:25 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Bogota Financial Corp. is covered by 1 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.
| Analyst | Institution |
|---|---|
| Nicholas Cucharale | Piper Sandler Companies |