Key Insights
- BNK Banking to hold its Annual General Meeting on 29th of November
- CEO Allan Savins’ total compensation includes salary of AU$529.7k
- Total compensation is similar to the industry average
- Over the past three years, BNK Banking’s EPS fell by 78% and over the past three years, the total loss to shareholders 17%
Shareholders of BNK Banking Corporation Limited (ASX:BBC) will have been dismayed by the negative share price return over the last three years. Per share earnings growth is also lacking, despite revenue growth. Shareholders will have a chance to take their concerns to the board at the next AGM on 29th of November and vote on resolutions including executive compensation, which studies show may have an impact on company performance. Here’s why we think shareholders should hold off on a raise for the CEO at the moment.
Check out our latest analysis for BNK Banking
