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FOR IMMEDIATE RELEASE
June 24, 2008
FOR MORE INFORMATION, CONTACT:
Monica Jenkins
Marketing Manager
P (434) 951-6951

SNL Financial Reports Compensation Data for Bank and Thrift Executives

Despite disappointing market performance, bank executive compensation rose nearly 5% in 2007

Charlottesville, Va. (June 24, 2008) - SNL Financial, the leading provider of sector-focused data, news and analytics on financial institutions, today released the SNL Executive Compensation Review for Banks and Thrifts, which reports total compensation data for senior officers at the nation's banks and thrifts. SNL compares this data against prior years, competitors of the same size and overall institutional performance.

"The data reveals that while total return for banks and thrifts in 2007 was -23.7% (as compared to +16.9% in 2006), the median change in total compensation for all bank and thrift CEOs increased 4.8% during the same period," said Will Retzer, senior analyst at SNL Financial. "Despite large declines in ROAE and ROAA, CEOs at banks and thrifts with more than $10B in total assets saw only a 4.3% drop in median total compensation."

The SNL Executive Compensation Review for Banks and Thrifts is the only unbiased, comprehensive resource that compares publicly traded banks' and thrifts' historical executive compensation figures and their institutional performance with that of their peer institutions.

Besides banks and thrifts, SNL's compensation reviews are also available for insurance and real estate. All editions provide:

  • Industry trends in base salary, annual compensation and total compensation.
  • Compensation rankings by company size, region/sector and position.
  • Two years of salary, bonus, options and other compensation data for as many as five top executives at every company.
  • Each company's market and financial performance, allowing for a comparison of the relationship between pay and performance.
  • Custom peer groups for each company based on region and asset size.
  • Board of director compensation.

Copies are available to members of the media. For more information, contact Monica Jenkins at 434.951.6951 or order online at:
SNL Executive Compensation Review for Banks and Thrifts

About SNL Financial

SNL collects, standardizes and disseminates all relevant corporate, financial, market and M&A data - plus news and analysis - for the Energy, Banking, Financial Services, Insurance, Real Estate and Media & Communications industries. For more information, visit: SNL.com.

Visit the SNL Press Room to learn more about resources available to members of the media.

SNL contact
Monica Jenkins
Marketing Manager
Tel. 434.951.6951
mjenkins@snl.com

SNL Financial
One SNL Plaza
Charlottesville, VA 22902
434.977.1600

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