Yahoo Finance Shareholders Will Probably Not Have Any Issues With QCR Holdings, Inc.'s (NASDAQ:QCRH) CEO Compensation
Key Insights
QCR Holdings to hold its Annual General Meeting on 16th of May
Total pay for CEO Larry Helling includes US$437.7k salary
The overall pay is comparable to the industry average
Over the past three years, QCR Holdings' EPS grew by 16% and over the past three years, the total shareholder return was 29%
Performance at QCR Holdings, Inc. (NASDAQ:QCRH) has been reasonably good and CEO Larry Helling has done a decent job of steering the company in the right direction. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 16th of May. We present our case of why we think CEO compensation looks fair.
View our latest analysis for QCR Holdings
How Does Total Compensation For Larry Helling Compare With Other Companies In The Industry?
Our data indicates that QCR Holdings, Inc. has a market capitalization of US$986m, and total annual CEO compensation was reported as US$1.8m for the year to December 2023. That's slightly lower by 3.0% over the previous year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$438k.
In comparison with other companies in the American Banks industry with market capitalizations ranging from US$400m to US$1.6b, the reported median CEO total compensation was US$1.9m. From this we gather that Larry Helling is paid around the median for CEOs in the industry. Furthermore, Larry Helling directly owns US$5.8m worth of shares in the company, implying that they are deeply invested in the company's success.
Component | 2023 | 2022 | Proportion (2023) |
Salary | US$438k | US$417k | 24% |
Other | US$1.4m | US$1.4m | 76% |
Total Compensation | US$1.8m | US$1.9m | 100% |
Talking in terms of the industry, salary represented approximately 45% of total compensation out of all the companies we analyzed, while other remuneration made up 55% of the pie. QCR Holdings sets aside a smaller share of compensation for salary, in comparison to the overall industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
A Look at QCR Holdings, Inc.'s Growth Numbers
QCR Holdings, Inc. has seen its earnings per share (EPS) increase by 16% a year over the past three years. Its revenue is up 6.0% over the 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 modest revenue growth, suggesting the underlying business is healthy. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.
Has QCR Holdings, Inc. Been A Good Investment?
QCR Holdings, Inc. has served shareholders reasonably well, with a total return of 29% over three years. But they probably don't want to see the CEO paid more than is normal for companies around the same size.
In Summary...
The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, we still think that any proposed increase in CEO compensation will be examined closely to make sure the compensation is appropriate and linked to performance.
CEO compensation can have a massive impact on performance, but it's just one element. That's why we did some digging and identified 1 warning sign for QCR Holdings that you should be aware of before investing.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
