Tom Schneider became the CEO of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) in 2000. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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. The aim of all this is to consider the appropriateness of CEO pay levels.
How Does Tom Schneider’s Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Pathfinder Bancorp, Inc. has a market cap of US$63m, and reported total annual CEO compensation of US$551k for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at US$360k. We examined a group of similar sized companies, with market capitalizations of below US$200m. The median CEO total compensation in that group is US$502k.
That means Tom Schneider receives fairly typical remuneration for the CEO of a company that size. Although this fact alone doesn’t tell us a great deal, it becomes more relevant when considered against the business performance.
You can see, below, how CEO compensation at Pathfinder Bancorp has changed over time.
Is Pathfinder Bancorp, Inc. Growing?
Over the last three years, Pathfinder Bancorp, Inc. has not seen its earnings per share change much, though there is a positive trend. It achieved revenue growth of 8.6% over the last year.
I’d prefer higher revenue growth, but I’m happy with the modest EPS growth. It’s clear the performance has been quite decent, but it it falls short of outstanding,based on this information. Although we don’t have analyst forecasts you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Pathfinder Bancorp, Inc. Been A Good Investment?
With a total shareholder return of 12% over three years, Pathfinder Bancorp, Inc. shareholders would, in general, be reasonably content. But they probably don’t want to see the CEO paid more than is normal for companies around the same size.
Tom Schneider is paid around what is normal the leaders of comparable size companies.
The company isn’t showing particularly great growth, and shareholder turns haven’t been particularly inspiring in the last few years. But we don’t think the CEO compensation is a problem. Whatever your view on compensation, you might want to check if insiders are buying or selling Pathfinder Bancorp shares (free trial).
Important note: Pathfinder Bancorp may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.
If you spot an error that warrants correction, please contact the editor at email@example.com. 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.
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