Yahoo Finance How Much Did CNB Financial Corporation’s (NASDAQ:CCNE) CEO Pocket Last Year?
In 2010 Joe Bower was appointed CEO of CNB Financial Corporation (NASDAQ:CCNE). 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 we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
See our latest analysis for CNB Financial
How Does Joe Bower’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that CNB Financial Corporation has a market cap of US$373m, and is paying total annual CEO compensation of US$1.3m. (This figure is for the year to 2017). While we always look at total compensation first, we note that the salary component is less, at US$520k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$200m to US$800m. The median total CEO compensation was US$1.6m.
So Joe Bower is paid around the average of 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, below, how CEO compensation at CNB Financial has changed over time.
Is CNB Financial Corporation Growing?
On average over the last three years, CNB Financial Corporation has grown earnings per share (EPS) by 5.4% each year (using a line of best fit). Its revenue is up 9.9% over last year.
I’d prefer higher revenue growth, but it is good to see modest EPS growth. It’s clear the performance has been quite decent, but it it falls short of outstanding,based on this information.
It could be important to check this free visual depiction of what analysts expect for the future.
Has CNB Financial Corporation Been A Good Investment?
Boasting a total shareholder return of 50% over three years, CNB Financial Corporation has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
Remuneration for Joe Bower is close enough to the median pay for a CEO of a similar sized company .
The company isn’t showing particularly great growth, but shareholder returns have been pleasing. So we can conclude that on this analysis the CEO compensation seems pretty sound. Shareholders may want to check for free if CNB Financial insiders are buying or selling shares.
Or you might prefer examine intently this intuitive graph showing past 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 editorial-team@simplywallst.com.
