David S. DeMarco
Net Worth
Last updated:
What is David S. DeMarco net worth?
The estimated net worth of Mr. David S. DeMarco is at least $13,798,647 as of 22 Aug 2022. He owns shares worth $902,043 as insider, has earned $1,344,444 from insider trading and has received compensation worth at least $11,552,160 in Arrow Financial Corporation.
What is the salary of David S. DeMarco?
Mr. David S. DeMarco salary is $481,340 per year as Senior Vice President & Chief Banking Officer in Arrow Financial Corporation.
How old is David S. DeMarco?
Mr. David S. DeMarco is 63 years old, born in 1962.
What stocks does David S. DeMarco currently own?
As insider, Mr. David S. DeMarco owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Arrow Financial Corporation (AROW) | Senior Vice President & Chief Banking Officer | 32,285 | $27.94 | $902,043 |
What does Arrow Financial Corporation do?
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
David S. DeMarco insider trading
Arrow Financial Corporation
Mr. David S. DeMarco has made 29 insider trades between 2001-2022, according to the Form 4 filled with the SEC. Most recently he sold 175 units of AROW stock worth $6,011 on 22 Aug 2022.
The largest trade he's ever made was exercising 5,797 units of AROW stock on 29 Apr 2021. As of 22 Aug 2022 he still owns at least 32,285 units of AROW stock.
Arrow Financial key executives
Arrow Financial Corporation executives and other stock owners filed with the SEC:
- Mr. Andrew J. Wise (58) Senior Vice President & Chief Operating Officer
- Mr. David S. DeMarco (63) Senior Vice President & Chief Banking Officer
- Mr. Edward J. Campanella (57) Senior Vice President, Treasurer & Chief Financial Officer
- Mr. Thomas J. Murphy CPA (66) Pres, Chief Executive Officer & Director