Louis J. Torchio
Net Worth
Last updated:
What is Louis J. Torchio net worth?
The estimated net worth of Mr. Louis J. Torchio is at least $2,819,764 as of 23 Aug 2023. He owns shares worth $690,441 as insider, has earned $20,283 from insider trading and has received compensation worth at least $2,109,040 in Northwest Bancshares, Inc..
What is the salary of Louis J. Torchio?
Mr. Louis J. Torchio salary is $527,260 per year as Senior Executive Vice President of Retail Lending in Northwest Bancshares, Inc..
How old is Louis J. Torchio?
Mr. Louis J. Torchio is 62 years old, born in 1963.
What stocks does Louis J. Torchio currently own?
As insider, Mr. Louis J. Torchio owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Northwest Bancshares, Inc. (NWBI) | Senior Executive Vice President of Retail Lending | 57,298 | $12.05 | $690,441 |
What does Northwest Bancshares, Inc. do?
Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans and loans collateralized by multi-family residential and commercial real estate; commercial business loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. The company also offers investment management and trust services. As of December 31, 2021, it operated 170 community-banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.
Louis J. Torchio insider trading
Northwest Bancshares, Inc.
Mr. Louis J. Torchio has made 7 insider trades between 2021-2023, according to the Form 4 filled with the SEC. Most recently he purchased 1,352 units of NWBI stock worth $14,967 on 23 Aug 2023.
The largest trade he's ever made was exercising 4,395 units of NWBI stock on 26 Apr 2023. As of 23 Aug 2023 he still owns at least 57,298 units of NWBI stock.
Northwest Bancshares key executives
Northwest Bancshares, Inc. executives and other stock owners filed with the SEC:
- Mr. John J. Golding (61) Senior Executive Vice President of Consumer & Small Bus. Banking
- Mr. Louis J. Torchio (62) Senior Executive Vice President of Retail Lending
- Mr. Mark T. Reitzes (64) Senior EVice President & Head of Commercial Banking
- Mr. Ronald J. Seiffert (68) Chairman, Pres & Chief Executive Officer
- Mr. William W. Harvey Jr. (59) Senior EVice President & Chief Financial Officer