Our Take On Axos Financial, Inc.'s (NYSE:AX) CEO Salary

Greg Garrabrants became the CEO of Axos Financial, Inc. (NYSE:AX) in 2007. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. 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 method should give us information to assess how appropriately the company pays the CEO.

Check out our latest analysis for Axos Financial

How Does Greg Garrabrants's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that Axos Financial, Inc. has a market cap of US$1.8b, and reported total annual CEO compensation of US$4.8m for the year to June 2019. We think total compensation is more important but we note that the CEO salary is lower, at US$700k. We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation. We looked at a group of companies with market capitalizations from US$1.0b to US$3.2b, and the median CEO total compensation was US$3.8m.

So Greg Garrabrants 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 Axos Financial, below.

NYSE:AX CEO Compensation, January 24th 2020
NYSE:AX CEO Compensation, January 24th 2020

Is Axos Financial, Inc. Growing?

On average over the last three years, Axos Financial, Inc. has grown earnings per share (EPS) by 10% each year (using a line of best fit). It achieved revenue growth of 14% 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 decent revenue growth in the last year, suggesting the business is healthy and growing. You might want to check this free visual report on analyst forecasts for future earnings.

Has Axos Financial, Inc. Been A Good Investment?

Axos Financial, Inc. has generated a total shareholder return of 3.8% over three years, so most shareholders wouldn't be too disappointed. But they probably wouldn't be so happy as to think the CEO should be paid more than is normal, for companies around this size.

In Summary...

Remuneration for Greg Garrabrants is close enough to the median pay for a CEO of a similar sized company .

The company is growing EPS but shareholder returns have been sound but not amazing. So considering these factors, we think the CEO pay is probably quite reasonable. Shareholders may want to check for free if Axos Financial insiders are buying or selling shares.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.

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. Thank you for reading.