Daryl Byrd has been the CEO of IBERIABANK Corporation (NASDAQ:IBKC) since 2000. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider growth that the business demonstrates. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels.
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How Does Daryl Byrd’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that IBERIABANK Corporation has a market cap of US$4.2b, and is paying total annual CEO compensation of US$5.3m. (This figure is for the year to December 2018). That’s less than last year. While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at US$1.1m. We looked at a group of companies with market capitalizations from US$2.0b to US$6.4b, and the median CEO total compensation was US$5.3m.
That means Daryl Byrd receives fairly typical remuneration for the CEO of a company that size. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see, below, how CEO compensation at IBERIABANK has changed over time.
Is IBERIABANK Corporation Growing?
IBERIABANK Corporation has increased its earnings per share (EPS) by an average of 11% a year, over the last three years (using a line of best fit). In the last year, its revenue is up 13%.
This demonstrates that the company has been improving recently. A good result. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business. It could be important to check this free visual depiction of what analysts expect for the future.
Has IBERIABANK Corporation Been A Good Investment?
Most shareholders would probably be pleased with IBERIABANK Corporation for providing a total return of 37% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
Daryl Byrd is paid around what is normal the leaders of comparable size companies.
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. So one could argue the CEO compensation is quite modest, if you consider company performance! Shareholders may want to check for free if IBERIABANK insiders are buying or selling shares.
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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If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.