Jay Richards Biography and Net Worth

Insider of BankUnited


Jay D. Richards serves as Chief Risk Officer of BankUnited, N.A. of the Company. Mr. Richards has been the Bank's Chief Risk Officer since September 2019 when the Bank consolidated the Credit and Risk organizations into one Enterprise Risk Management group. Mr. Richards served as our Chief Credit Officer from January 2018 through September 2019. Prior to that, he held several senior leadership positions with TD Bank (and its predecessor banks) from 2008 until 2018, Compass Bank from 2006 until 2008, Regions Bank (and its predecessor banks) from 1999 until 2006, and Bank One (now part of JPMorgan Chase) from 1993 through 1999. Mr. Richards has a breadth of experience across Capital Markets, Commercial C&I, Commercial CRE, Consumer Lending, Specialty Banking, Government and Not-for-Profit Banking industries, as well as, extensive Workout and Recovery experience. In addition, Mr. Richards has significant experience in bank mergers and acquisitions, from the due diligence phase through integration. He has also been an essential part of several core infrastructure and strategic realignment projects. Mr. Richards has a B.S. in Finance from Indiana State University.

What is Jay D. Richards' net worth?

The estimated net worth of Jay D. Richards is at least $844,323.98 as of June 6th, 2022. Mr. Richards owns 30,973 shares of BankUnited stock worth more than $844,324 as of April 25th. This net worth estimate does not reflect any other investments that Mr. Richards may own. Additionally, Mr. Richards receives a salary of $785,680.00 as Insider at BankUnited. Learn More about Jay D. Richards' net worth.

How old is Jay D. Richards?

Mr. Richards is currently 53 years old. There are 3 older executives and no younger executives at BankUnited. The oldest executive at BankUnited is Ms. Leslie N. Lunak, Chief Financial Officer, who is 66 years old. Learn More on Jay D. Richards' age.

What is Jay D. Richards' salary?

As the Insider of BankUnited, Inc., Mr. Richards earns $785,680.00 per year. There are 4 executives that earn more than Mr. Richards. The highest earning executive at BankUnited is Mr. Rajinder P. Singh, Chairman, President & CEO, who commands a salary of $2,940,000.00 per year. Learn More on Jay D. Richards' salary.

How do I contact Jay D. Richards?

The corporate mailing address for Mr. Richards and other BankUnited executives is 14817 OAK LANE, MIAMI LAKES FL, 33016. BankUnited can also be reached via phone at (877) 779-2265 and via email at [email protected]. Learn More on Jay D. Richards' contact information.

Has Jay D. Richards been buying or selling shares of BankUnited?

Jay D. Richards has not been actively trading shares of BankUnited during the last quarter. Most recently, Jay D. Richards sold 7,415 shares of the business's stock in a transaction on Monday, June 6th. The shares were sold at an average price of $41.40, for a transaction totalling $306,981.00. Following the completion of the sale, the insider now directly owns 30,973 shares of the company's stock, valued at $1,282,282.20. Learn More on Jay D. Richards' trading history.

Who are BankUnited's active insiders?

BankUnited's insider roster includes John DiGiacomo (Director), Leslie Lunak (CFO), Kevin Malcolm (Insider), Douglas Pauls (Director), Jay Richards (Insider), Rajinder Singh (CEO), and Sanjiv Sobti (Director). Learn More on BankUnited's active insiders.

Are insiders buying or selling shares of BankUnited?

During the last year, insiders at the financial services provider sold shares 1 times. They sold a total of 2,285 shares worth more than $62,106.30. The most recent insider tranaction occured on March, 5th when insider Kevin A Malcolm sold 2,285 shares worth more than $62,106.30. Insiders at BankUnited own 1.2% of the company. Learn More about insider trades at BankUnited.

Information on this page was last updated on 3/5/2024.

Jay D. Richards Insider Trading History at BankUnited

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/6/2022Sell7,415$41.40$306,981.0030,973View SEC Filing Icon  
4/30/2021Sell1,627$46.82$76,176.1428,994View SEC Filing Icon  
3/8/2021Sell3,239$46.39$150,257.2130,621View SEC Filing Icon  
7/26/2019Sell1,782$34.45$61,389.90View SEC Filing Icon  
See Full Table

Jay D. Richards Buying and Selling Activity at BankUnited

This chart shows Jay D Richards's buying and selling at BankUnited by year and by quarter.

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BankUnited Company Overview

BankUnited logo
BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company offers online, mobile, and telephone banking services. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
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Today's Range

Now: $27.26
Low: $26.95
High: $27.56

50 Day Range

MA: $26.86
Low: $24.47
High: $28.17

2 Week Range

Now: $27.26
Low: $15.83
High: $34.22

Volume

921,905 shs

Average Volume

896,446 shs

Market Capitalization

$2.04 billion

P/E Ratio

11.75

Dividend Yield

4.20%

Beta

1.36