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Carlos Palomares net worth and biography

Carlos Palomares Biography and Net Worth

Director of Regional Management
Mr. Palomares has been a director of Regional since March 2012 and currently serves as Chair of the Board. Since 2007, Mr. Palomares has been President and Chief Executive Officer of SMC Resources, a consulting practice that advises senior executives on business and marketing strategy. From 2001 to 2007, Mr. Palomares was Senior Vice President at Capital One Financial Corp., and he was Chief Operating Officer of Capital One Federal Savings Bank banking unit from 2004 to 2007. Prior to joining Capital One, Mr. Palomares held a number of senior positions with Citigroup Inc. and its affiliates, including Chief Operating Officer of Citibank Latin America Consumer Bank from 1998 to 2001, Chief Financial Officer of Citibank North America Consumer Bank from 1997 to 1998, Chairman and CEO of Citibank Italia from 1990 to 1992, and President and CEO of Citibank FSB Florida from 1992 to 1997. Mr. Palomares serves on the Boards of Directors of Pan American Life Insurance Group, Inc. and Banesco USA, a privately held financial institution. Mr. Palomares earned a B.S. degree in Quantitative Analysis from New York University.

How do I contact Carlos Palomares?

The corporate mailing address for Mr. Palomares and other Regional Management executives is 979 BATESVILLE ROAD SUITE B, GREER SC, 29651. Regional Management can also be reached via phone at (864) 448-7000 and via email at [email protected] Learn More on Carlos Palomares' contact information.

Has Carlos Palomares been buying or selling shares of Regional Management?

Carlos Palomares has not been actively trading shares of Regional Management during the past quarter. Most recently, Carlos Palomares sold 5,000 shares of the business's stock in a transaction on Monday, January 3rd. The shares were sold at an average price of $57.97, for a transaction totalling $289,850.00. Learn More on Carlos Palomares' trading history.

Who are Regional Management's active insiders?

Regional Management's insider roster includes Robert Beck (CEO), Michael Dunn (Director), Brian Fisher (EVP), Carlos Palomares (Director), and John Schachtel (COO). Learn More on Regional Management's active insiders.

Are insiders buying or selling shares of Regional Management?

During the last year, Regional Management insiders bought shares 4 times. They purchased a total of 19,737 shares worth more than $701,566.77. During the last year, insiders at the credit services provider sold shares 14 times. They sold a total of 198,058 shares worth more than $6,408,784.04. The most recent insider tranaction occured on November, 30th when Director Basswood Capital Management, L sold 26,505 shares worth more than $755,392.50. Insiders at Regional Management own 8.9% of the company. Learn More about insider trades at Regional Management.

Information on this page was last updated on 11/30/2022.

Carlos Palomares Insider Trading History at Regional Management

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/3/2022Sell5,000$57.97$289,850.00View SEC Filing Icon  
10/1/2021Sell5,000$57.78$288,900.00View SEC Filing Icon  
9/20/2021Sell5,000$57.88$289,400.00View SEC Filing Icon  
3/4/2013Buy1,000$18.68$18,680.00View SEC Filing Icon  
See Full Table

Carlos Palomares Buying and Selling Activity at Regional Management

This chart shows Carlos Palomares's buying and selling at Regional Management by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Regional Management Company Overview

Regional Management logo
Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products. The company also provides insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products. In addition, its loans are sourced through branches, centrally managed direct mail campaigns, digital partners, and retailers, as well as its consumer website. As of February 24, 2022, the company operated through a network of approximately 350 branches in 14 states. Regional Management Corp. was incorporated in 1987 and is headquartered in Greer, South Carolina.
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Today's Range

Now: $33.77
Low: $32.98
High: $33.91

50 Day Range

MA: $29.96
Low: $27.04
High: $33.77

2 Week Range

Now: $33.77
Low: $26.52
High: $56.95

Volume

15,600 shs

Average Volume

28,167 shs

Market Capitalization

$323.72 million

P/E Ratio

4.82

Dividend Yield

3.58%

Beta

1.41
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Click here to watch it, free.