Dunson K. Cheng
Net Worth
Last updated:
What is Dunson K. Cheng net worth?
The estimated net worth of Mr. Dunson K. Cheng is at least $57,954,936 as of 26 Aug 2024. He owns shares worth $7,135,794 as insider, has earned $23,819,142 from insider trading and has received compensation worth at least $27,000,000 in Cathay General Bancorp.
What is the salary of Dunson K. Cheng?
Mr. Dunson K. Cheng salary is $1,350,000 per year as Executive Chairman in Cathay General Bancorp.
How old is Dunson K. Cheng?
Mr. Dunson K. Cheng is 80 years old, born in 1945.
What stocks does Dunson K. Cheng currently own?
As insider, Mr. Dunson K. Cheng owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Cathay General Bancorp (CATY) | Executive Chairman | 149,566 | $47.71 | $7,135,794 |
What does Cathay General Bancorp do?
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
Dunson K. Cheng insider trading
Cathay General Bancorp
Mr. Dunson K. Cheng has made 43 insider trades between 2005-2024, according to the Form 4 filled with the SEC. Most recently he sold 12,401 units of CATY stock worth $555,404 on 26 Aug 2024.
The largest trade he's ever made was exercising 129,260 units of CATY stock on 18 Nov 2013. As of 26 Aug 2024 he still owns at least 149,566 units of CATY stock.
Cathay General Bancorp key executives
Cathay General Bancorp executives and other stock owners filed with the SEC:
- Mr. Chang Ming Liu (58) Chief Executive Officer, Pres & Director
- Mr. Dunson K. Cheng (80) Executive Chairman
- Mr. Heng W. Chen (72) Executive Vice President, Chief Financial Officer & Treasurer