Bill Marsh became the CEO of Emclaire Financial Corp (NASDAQ:EMCF) in 2009. First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.

Check out our latest analysis for Emclaire Financial

How Does Bill Marsh's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that Emclaire Financial Corp has a market cap of US$85m, and reported total annual CEO compensation of US$666k for the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$358k. We took a group of companies with market capitalizations below US$200m, and calculated the median CEO total compensation to be US$523k.

So Bill Marsh receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn't tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.

The graphic below shows how CEO compensation at Emclaire Financial has changed from year to year.

Is Emclaire Financial Corp Growing?

Emclaire Financial Corp has increased its earnings per share (EPS) by an average of 7.9% a year, over the last three years (using a line of best fit). It achieved revenue growth of 11% over the last year.

I think the revenue growth is good. And the improvement in earnings per share is modest but respectable. So while we'd stop just short of calling this a top performer, but we think it is well worth watching. Although we don't have analyst forecasts you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Has Emclaire Financial Corp Been A Good Investment?

Emclaire Financial Corp has generated a total shareholder return of 32% over three years, so most shareholders would be reasonably content. But they probably don't want to see the CEO paid more than is normal for companies around the same size.

In Summary...

Bill Marsh is paid around the same as most CEOs of similar size companies.

We think many would like to see better growth. While the CEO may not be underpaid, we don't think the pay is too generous either. Shareholders may want to check for free if Emclaire Financial insiders are buying or selling shares.

Important note: Emclaire Financial 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 editorial-team@simplywallst.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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