David Nasca has been the CEO of Evans Bancorp, Inc. (NYSEMKT:EVBN) since 2007. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we’ll consider growth that the business demonstrates. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. The aim of all this is to consider the appropriateness of CEO pay levels.
Want to participate in a short research study? Help shape the future of investing tools and receive a $60 prize!
How Does David Nasca’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Evans Bancorp, Inc. has a market cap of US$166m, and is paying total annual CEO compensation of US$885k. (This number is for the twelve months until 2017). We think total compensation is more important but we note that the CEO salary is lower, at US$453k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$100m to US$400m. The median total CEO compensation was US$960k.
So David Nasca receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn’t particularly informative alone, it gains more meaning when considered with business performance.
You can see, below, how CEO compensation at Evans Bancorp has changed over time.
Is Evans Bancorp, Inc. Growing?
Over the last three years Evans Bancorp, Inc. has grown its earnings per share (EPS) by an average of 12% per year (using a line of best fit). Its revenue is up 10% over last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It’s also good to see decent revenue growth in the last year, suggesting the business is healthy and growing.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has Evans Bancorp, Inc. Been A Good Investment?
I think that the total shareholder return of 50%, over three years, would leave most Evans Bancorp, Inc. shareholders smiling. This strong performance might mean some shareholders don’t mind if the CEO were to be paid more than is normal for a company of its size.
Remuneration for David Nasca is close enough to the median pay for a CEO of a similar sized company .
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if Evans Bancorp insiders are buying or selling shares.
Or you might rather take a peek at this analytical visualization of historic cash flow, earnings and revenue.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.