IF Bancorp Management

Management criteria checks 4/4

IF Bancorp's CEO is Chip Hasselbring, appointed in Oct 2015, has a tenure of 9.17 years. total yearly compensation is $574.16K, comprised of 77.9% salary and 22.1% bonuses, including company stock and options. directly owns 2.14% of the company’s shares, worth $1.58M. The average tenure of the management team and the board of directors is 9.2 years and 13.9 years respectively.

Key information

Chip Hasselbring

Chief executive officer

US$574.2k

Total compensation

CEO salary percentage77.9%
CEO tenure9.2yrs
CEO ownership2.1%
Management average tenure9.2yrs
Board average tenure13.9yrs

Recent management updates

Recent updates

IF Bancorp (NASDAQ:IROQ) Will Pay A Dividend Of $0.20

Aug 22
IF Bancorp (NASDAQ:IROQ) Will Pay A Dividend Of $0.20

IF Bancorp (NASDAQ:IROQ) Has Announced A Dividend Of $0.20

Aug 28
IF Bancorp (NASDAQ:IROQ) Has Announced A Dividend Of $0.20

IF Bancorp (NASDAQ:IROQ) Has Announced A Dividend Of $0.20

Aug 13
IF Bancorp (NASDAQ:IROQ) Has Announced A Dividend Of $0.20

IF Bancorp GAAP EPS of $0.34, revenue of $6.69M

Aug 31

IF Bancorp (NASDAQ:IROQ) Is Increasing Its Dividend To $0.20

Aug 14
IF Bancorp (NASDAQ:IROQ) Is Increasing Its Dividend To $0.20

IF Bancorp declares $0.20 dividend

Aug 10

Does IF Bancorp (NASDAQ:IROQ) Deserve A Spot On Your Watchlist?

Dec 17
Does IF Bancorp (NASDAQ:IROQ) Deserve A Spot On Your Watchlist?

IF Bancorp (NASDAQ:IROQ) Will Pay A Larger Dividend Than Last Year At US$0.17

Sep 01
IF Bancorp (NASDAQ:IROQ) Will Pay A Larger Dividend Than Last Year At US$0.17

IF Bancorp's (NASDAQ:IROQ) Dividend Will Be Increased To US$0.17

Aug 15
IF Bancorp's (NASDAQ:IROQ) Dividend Will Be Increased To US$0.17

What Makes IF Bancorp, Inc. (NASDAQ:IROQ) A Great Dividend Stock?

May 03
What Makes IF Bancorp, Inc. (NASDAQ:IROQ) A Great Dividend Stock?

Here's What We Like About IF Bancorp's (NASDAQ:IROQ) Upcoming Dividend

Mar 20
Here's What We Like About IF Bancorp's (NASDAQ:IROQ) Upcoming Dividend

If You Had Bought IF Bancorp (NASDAQ:IROQ) Stock Five Years Ago, You Could Pocket A 21% Gain Today

Feb 18
If You Had Bought IF Bancorp (NASDAQ:IROQ) Stock Five Years Ago, You Could Pocket A 21% Gain Today

Here's Why I Think IF Bancorp (NASDAQ:IROQ) Is An Interesting Stock

Jan 11
Here's Why I Think IF Bancorp (NASDAQ:IROQ) Is An Interesting Stock

Here's What We Think About IF Bancorp's (NASDAQ:IROQ) CEO Pay

Dec 16
Here's What We Think About IF Bancorp's (NASDAQ:IROQ) CEO Pay

Is IF Bancorp, Inc. (NASDAQ:IROQ) A Smart Pick For Income Investors?

Nov 20
Is IF Bancorp, Inc. (NASDAQ:IROQ) A Smart Pick For Income Investors?

IF Bancorp reports FQ1 results

Oct 30

CEO Compensation Analysis

How has Chip Hasselbring's remuneration changed compared to IF Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2m

Jun 30 2024US$574kUS$447k

US$2m

Mar 31 2024n/an/a

US$2m

Dec 31 2023n/an/a

US$2m

Sep 30 2023n/an/a

US$3m

Jun 30 2023US$820kUS$425k

US$5m

Mar 31 2023n/an/a

US$5m

Dec 31 2022n/an/a

US$6m

Sep 30 2022n/an/a

US$6m

Jun 30 2022US$897kUS$400k

US$6m

Mar 31 2022n/an/a

US$6m

Dec 31 2021n/an/a

US$6m

Sep 30 2021n/an/a

US$6m

Jun 30 2021n/an/a

US$5m

Mar 31 2021n/an/a

US$6m

Dec 31 2020n/an/a

US$5m

Sep 30 2020n/an/a

US$4m

Jun 30 2020US$618kUS$356k

US$4m

Mar 31 2020n/an/a

US$4m

Dec 31 2019n/an/a

US$4m

Sep 30 2019n/an/a

US$4m

Jun 30 2019US$548kUS$333k

US$4m

Mar 31 2019n/an/a

US$3m

Dec 31 2018n/an/a

US$3m

Sep 30 2018n/an/a

US$2m

Jun 30 2018US$424kUS$308k

US$2m

Compensation vs Market: Chip's total compensation ($USD574.16K) is about average for companies of similar size in the US market ($USD650.00K).

Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.


CEO

Chip Hasselbring (68 yo)

9.2yrs

Tenure

US$574,160

Compensation

Mr. Walter H. Hasselbring III, also known as Chip, has been Chief Executive Officer and was President at IF Bancorp, Inc. and Iroquois Federal Savings and Loan Association (Formerly, Iroquois Federal) sinc...


Leadership Team

NamePositionTenureCompensationOwnership
Walter Hasselbring
CEO & Chairman9.2yrsUS$574.16k2.14%
$ 1.6m
Thomas Chamberlain
Presidentless than a yearUS$358.05k2.09%
$ 1.5m
Pamela Verkler
Senior EVP13.9yrsUS$437.46k1.55%
$ 1.1m
Linda Hamilton
Executive VP & COO9.2yrsno datano data

9.2yrs

Average Tenure

66yo

Average Age

Experienced Management: IROQ's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Walter Hasselbring
CEO & Chairman9.1yrsUS$574.16k2.14%
$ 1.6m
Pamela Verkler
Senior EVP2.1yrsUS$437.46k1.55%
$ 1.1m
Joseph Cowan
Lead Independent Director24.9yrsUS$50.55k0.86%
$ 639.4k
Wayne Lehmann
Independent Director13.9yrsUS$50.55k0.68%
$ 501.4k
Dennis Wittenborn
Independent Director24.9yrsUS$55.02k1.78%
$ 1.3m
Rodney Yergler
Independent Director13.9yrsUS$50.55k1.06%
$ 788.9k
Richard Stenzinger
Independent Director2.1yrsUS$56.81k0.14%
$ 103.5k

13.9yrs

Average Tenure

66yo

Average Age

Experienced Board: IROQ's board of directors are seasoned and experienced ( 13.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 06:23
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

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

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Analyst Sources

IF Bancorp, Inc. 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