ESSA Bancorp Management
Management criteria checks 4/4
ESSA Bancorp's CEO is Gary Olson, appointed in Jan 2006, has a tenure of 19.08 years. total yearly compensation is $952.90K, comprised of 60.9% salary and 39.1% bonuses, including company stock and options. directly owns 1.36% of the company’s shares, worth $2.99M. The average tenure of the management team and the board of directors is 3.1 years and 9.4 years respectively.
Key information
Gary Olson
Chief executive officer
US$952.9k
Total compensation
| CEO salary percentage | 60.9% |
| CEO tenure | 19.1yrs |
| CEO ownership | 1.4% |
| Management average tenure | 3.1yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Here's Why ESSA Bancorp, Inc.'s (NASDAQ:ESSA) CEO Compensation Is The Least Of Shareholders' Concerns
Feb 25
How Much Did ESSA Bancorp's (NASDAQ:ESSA) CEO Pocket Last Year?
Jan 28
Recent updates
ESSA Bancorp (NASDAQ:ESSA) Is Paying Out A Dividend Of $0.15
Dec 10ESSA Bancorp's (NASDAQ:ESSA) Dividend Will Be $0.15
Nov 26ESSA Bancorp (NASDAQ:ESSA) Will Pay A Dividend Of $0.15
Jun 13ESSA Bancorp (NASDAQ:ESSA) Has Announced A Dividend Of $0.15
Nov 19ESSA Bancorp (NASDAQ:ESSA) Has Affirmed Its Dividend Of $0.15
Aug 27ESSA Bancorp (NASDAQ:ESSA) Is Due To Pay A Dividend Of $0.15
May 31ESSA Bancorp declares $0.15 dividend
Aug 24ESSA Bancorp (NASDAQ:ESSA) Is Increasing Its Dividend To US$0.15
Jun 10Here's Why ESSA Bancorp, Inc.'s (NASDAQ:ESSA) CEO Compensation Is The Least Of Shareholders' Concerns
Feb 25ESSA Bancorp declares $0.12 dividend
May 26Here's Why I Think ESSA Bancorp (NASDAQ:ESSA) Might Deserve Your Attention Today
May 02ESSA Bancorp, Inc. (NASDAQ:ESSA) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Mar 10What Makes ESSA Bancorp, Inc. (NASDAQ:ESSA) A Great Dividend Stock?
Feb 23How Much Did ESSA Bancorp's (NASDAQ:ESSA) CEO Pocket Last Year?
Jan 28Do Institutions Own ESSA Bancorp, Inc. (NASDAQ:ESSA) Shares?
Dec 24ESSA Bancorp goes ex-dividend tomorrow
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$17m |
| Sep 30 2024 | US$953k | US$581k | US$17m |
| Jun 30 2024 | n/a | n/a | US$17m |
| Mar 31 2024 | n/a | n/a | US$18m |
| Dec 31 2023 | n/a | n/a | US$18m |
| Sep 30 2023 | US$1m | US$561k | US$19m |
| Jun 30 2023 | n/a | n/a | US$20m |
| Mar 31 2023 | n/a | n/a | US$20m |
| Dec 31 2022 | n/a | n/a | US$20m |
| Sep 30 2022 | US$1m | US$534k | US$20m |
| Jun 30 2022 | n/a | n/a | US$18m |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | n/a | n/a | US$17m |
| Sep 30 2021 | US$1m | US$494k | US$16m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | US$16m |
| Dec 31 2020 | n/a | n/a | US$15m |
| Sep 30 2020 | US$951k | US$463k | US$14m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$14m |
| Dec 31 2019 | n/a | n/a | US$13m |
| Sep 30 2019 | US$973k | US$441k | US$13m |
| Jun 30 2019 | n/a | n/a | US$12m |
| Mar 31 2019 | n/a | n/a | US$12m |
| Dec 31 2018 | n/a | n/a | US$11m |
| Sep 30 2018 | US$724k | US$420k | US$7m |
Compensation vs Market: Gary's total compensation ($USD952.90K) is below average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Olson (70 yo)
19.1yrs
Tenure
US$952,898
Compensation
Mr. Gary S. Olson has been the President and Chief Executive Officer at ESSA Bancorp, Inc. and its subsidiary ESSA Bank & Trust since 2000. Mr. Olson began his career at ESSA Bank & Trust in 1977. He had b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.1yrs | US$952.90k | 1.36% $ 3.0m | |
| Senior EVP & COO | 3.1yrs | US$539.47k | 0.44% $ 958.8k | |
| Executive VP & Chief Risk Officer | 3.1yrs | US$477.02k | 0.51% $ 1.1m | |
| Executive VP & CFO | 19.1yrs | US$521.66k | 1.34% $ 2.9m | |
| Corporate Secretary & Investor and Community Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Director of Compliance | 1.1yrs | no data | no data | |
| Chief Human Resource Officer & Senior VP | 25.1yrs | US$388.33k | 1.44% $ 3.2m | |
| Senior VP & Controller | no data | no data | 0.28% $ 605.7k | |
| Chief Banking Officer | 1.1yrs | no data | no data |
3.1yrs
Average Tenure
63yo
Average Age
Experienced Management: ESSA's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.1yrs | US$952.90k | 1.36% $ 3.0m | |
| Director Emeritus | no data | US$39.99k | no data | |
| Independent Director | 19.1yrs | US$66.82k | 0.37% $ 805.6k | |
| Director Emeritus | 9.9yrs | US$41.50k | no data | |
| Director Emeritus | no data | US$78.23k | no data | |
| Independent Chairman of the Board | 19.1yrs | US$103.17k | 1.05% $ 2.3m | |
| Independent Director | 19.1yrs | US$65.87k | 0.64% $ 1.4m | |
| Independent Director | 6.6yrs | US$63.00k | 0.10% $ 226.0k | |
| Independent Director | 8.9yrs | US$68.50k | 0.10% $ 224.7k | |
| Independent Director | 1.1yrs | US$66.00k | 0.10% $ 220.3k | |
| Independent Director | 4.2yrs | US$62.50k | 0.055% $ 121.8k | |
| Independent Director | 4.2yrs | US$62.00k | 0.055% $ 121.8k |
9.4yrs
Average Tenure
67.5yo
Average Age
Experienced Board: ESSA's board of directors are considered experienced (9.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:52 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
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.
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 Github.
Analyst Sources
ESSA Bancorp, Inc. is covered by 5 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 |
|---|---|
| Michael Diana | Maxim Group |
| Frank Schiraldi | Piper Sandler Companies |
| Frank Schiraldi | Sandler O'Neill |