Heng W. Chen
Net Worth
Last updated:
What is Heng W. Chen net worth?
The estimated net worth of Mr. Heng W. Chen is at least $21,120,358 as of 1 Apr 2024. He owns shares worth $2,955,157 as insider, has earned $1,928,001 from insider trading and has received compensation worth at least $16,237,200 in Cathay General Bancorp.
What is the salary of Heng W. Chen?
Mr. Heng W. Chen salary is $811,860 per year as Executive Vice President, Chief Financial Officer & Treasurer in Cathay General Bancorp.
How old is Heng W. Chen?
Mr. Heng W. Chen is 72 years old, born in 1953.
What stocks does Heng W. Chen currently own?
As insider, Mr. Heng W. Chen owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Cathay General Bancorp (CATY) | Executive Vice President, Chief Financial Officer & Treasurer | 61,940 | $47.71 | $2,955,157 |
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.
Heng W. Chen insider trading
Cathay General Bancorp
Mr. Heng W. Chen has made 7 insider trades between 2005-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 39,100 units of CATY stock on 17 Feb 2017. As of 1 Apr 2024 he still owns at least 61,940 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