Mark D.  Schwabero net worth and biography

Mark Schwabero Biography and Net Worth

Director of 1st Source

Nearly 43 years of total experience in the automotive, marine and commercial vehicle/manufacturing industries, the last 33 of which as a senior Mr. Schwabero had been with Brunswick Corporation for the 15 years preceding his retirement in 2018. He became Chairman and Chief Executive Officer in February 2016 after having served as President and Chief Operating Officer of Brunswick Corporation and prior thereto as President of Mercury Marine.

Detailed knowledge of the transportation, recreational and marine industries as well as long-term perspective in manufacturing and general management expertise. Public company experience.

Named by CEO Today Magazine as one of the top 100 CEOs in America for U.S. based companies for 2018.

Qualifies as an audit committee financial expert under SEC guidelines.

Former director of National Exchange Bank & Trust.

Serves as Lead Director.

Serves on the Advisory Committee of The Ohio State University Center for Automotive Research.

Past Chairman of the National Marine Manufacturers Association.

B.S. and M.S. in Industrial and Systems Engineering from The Ohio State University.

What is Mark D. Schwabero's net worth?

The estimated net worth of Mark D. Schwabero is at least $1.35 million as of April 24th, 2023. Mr. Schwabero owns 21,104 shares of 1st Source stock worth more than $1,349,812 as of December 5th. This net worth approximation does not reflect any other investments that Mr. Schwabero may own. Learn More about Mark D. Schwabero's net worth.

How do I contact Mark D. Schwabero?

The corporate mailing address for Mr. Schwabero and other 1st Source executives is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. 1st Source can also be reached via phone at (574) 235-2000 and via email at [email protected]. Learn More on Mark D. Schwabero's contact information.

Has Mark D. Schwabero been buying or selling shares of 1st Source?

Mark D. Schwabero has not been actively trading shares of 1st Source during the last ninety days. Most recently, on Monday, April 24th, Mark D. Schwabero bought 495 shares of 1st Source stock. The stock was acquired at an average cost of $44.32 per share, with a total value of $21,938.40. Following the completion of the transaction, the director now directly owns 21,104 shares of the company's stock, valued at $935,329.28. Learn More on Mark D. Schwabero's trading history.

Who are 1st Source's active insiders?

1st Source's insider roster includes Jeffrey Buhr (EVP and Chief Credit Officer), Daniel Fitzpatrick (Director), Mark Schwabero (Director), and Andrea Short (CFO). Learn More on 1st Source's active insiders.

Mark D. Schwabero Insider Trading History at 1st Source

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/24/2023Buy495$44.32$21,938.4021,104View SEC Filing Icon  
7/26/2022Buy400$47.21$18,884.0019,508View SEC Filing Icon  
5/1/2020Buy1,000$32.81$32,810.0012,546View SEC Filing Icon  
See Full Table

Mark D. Schwabero Buying and Selling Activity at 1st Source

This chart shows Mark D Schwabero's buying and selling at 1st Source by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

1st Source Company Overview

1st Source logo
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.
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Today's Range

Now: $63.96
Low: $63.49
High: $64.66

50 Day Range

MA: $60.82
Low: $57.55
High: $64.41

2 Week Range

Now: $63.96
Low: $52.14
High: $67.77

Volume

79,213 shs

Average Volume

65,895 shs

Market Capitalization

$1.56 billion

P/E Ratio

10.64

Dividend Yield

2.48%

Beta

0.66