Posted: 05/23/2025 03:57 am
NSTS Bancorp, Inc., a federally chartered savings institution, has recently drawn attention due to its executive compensation details and stock performance. As of 2024, Carissa H. Schoolcraft, serving as the Chief Financial Officer of the Bank and the Company, received a notable compensation package. Schoolcraft's total earnings amounted to $208,881, comprising a base salary of $166,654, a bonus of $16,500, and additional compensation of $25,725. Interestingly, her compensation structure did not include any stock awards or incentive plan compensations, which are commonly seen in executive packages in the banking sector.¹
In contrast, Stephen G. Lear, who held the position of Chairman, President, and Chief Executive in 2023, reported no compensation for that year. However, this was a significant change from 2021 when Lear, then Chief Executive Officer, received a sizable total compensation of $364,598, reflecting a salary of $207,199, a bonus of $20,000, and other compensations totaling $137,399.¹
Amy L. Avakian, Chief Lending Officer and Vice President of the Bank in 2021, was awarded $174,003 in total compensation. Her package included a salary of $133,654, a bonus of $13,000, and other compensations amounting to $27,349. Similar to Schoolcraft's recent package, Avakian's compensation did not comprise any stock or incentive plan awards, aligning with a visible trend within NSTS Bancorp, Inc.¹
As the company navigates compensation dynamics, its stock performance has been a notable aspect on investors’ radar. As of the latest update, NSTS Bancorp, Inc. shares are trading at $11.90. The stock has experienced a minor change, with a 0.16835% increase, raising its price by $0.02. The stock’s 52-week performance shows a peak at $13.32 and a low of $9.37. With a market capitalization of $62,449,129, the shares have an outstanding volume of 5,247,826.⁴ This information reflects a consistent albeit cautious stock performance, which might relate to the company’s strategic financial decisions, including its approach towards executive compensations.
The upcoming earnings announcement scheduled for May 12, 2025, is expected to provide further insights into NSTS Bancorp, Inc.'s financial health and strategic direction. Investors and analysts will likely scrutinize this data to gauge not only the company's operational efficacy but also its impact on shareholder value.³
With an Earnings Per Share (EPS) of -0.18 and a Price-to-Earnings (PE) ratio of -66.11, investors might interpret these figures as indicators of the company’s current profitability challenges, which could influence decisions on executive compensations and stock awards in the future.
1. [NSTS Bancorp, Inc. Compensation Report](https://www.sec.gov/Archives/edgar/data/1881592/000143774925011792/0001437749-25-011792-index.htm)
2. [2023 Compensation Details for Stephen G. Lear](https://www.sec.gov/Archives/edgar/data/1881592/000143774924011220/0001437749-24-011220-index.htm)
3. [2021 Compensation Details for Amy L. Avakian and Stephen G. Lear](https://www.sec.gov/Archives/edgar/data/1881592/000143774923010324/0001437749-23-010324-index.htm)
4. [NSTS Bancorp, Inc. Stock Performance](https://www.nasdaq.com/symbol/nsts)
