Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
David Nasca became the CEO of Evans Bancorp, Inc. (NYSEMKT:EVBN) in 2007. 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 David Nasca’s Compensation Compare With Similar Sized Companies?
According to our data, Evans Bancorp, Inc. has a market capitalization of US$170m, and pays its CEO total annual compensation worth US$1.1m. (This figure is for the year to December 2018). We note that’s an increase of 24% above last year. While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at US$484k. When we examined a selection of companies with market caps ranging from US$100m to US$400m, we found the median CEO total compensation was US$1.1m.
So David Nasca receives a similar amount to the median CEO pay, amongst the companies we looked at. Although this fact alone doesn’t tell us a great deal, it becomes more relevant when considered against the business performance.
You can see a visual representation of the CEO compensation at Evans Bancorp, below.
Is Evans Bancorp, Inc. Growing?
Over the last three years Evans Bancorp, Inc. has grown its earnings per share (EPS) by an average of 21% per year (using a line of best fit). In the last year, its revenue is up 18%.
This shows that the company has improved itself over the last few years. Good news for shareholders. 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 Evans Bancorp, Inc. Been A Good Investment?
Most shareholders would probably be pleased with Evans Bancorp, Inc. for providing a total return of 49% over three years. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
David Nasca is paid around what is normal the leaders of comparable size companies.
The company is growing earnings per share and total shareholder returns have been pleasing. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Evans Bancorp.
Important note: Evans 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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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. Thank you for reading.