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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 in the last ninety days. 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 8 times. They purchased a total of 75,713 shares worth more than $1,958,853.64. During the last year, insiders at the credit services provider sold shares 3 times. They sold a total of 20,775 shares worth more than $508,766.00. The most recent insider tranaction occured on March, 11th when Director Basswood Capital Management, L bought 15,000 shares worth more than $368,850.00. Insiders at Regional Management own 9.8% of the company. Learn More about insider trades at Regional Management.
Information on this page was last updated on 3/11/2024.

Carlos Palomares Insider Trading History at Regional Management

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
1/3/2022	Sell	5,000	$57.97	$289,850.00
10/1/2021	Sell	5,000	$57.78	$288,900.00
9/20/2021	Sell	5,000	$57.88	$289,400.00
3/4/2013	Buy	1,000	$18.68	$18,680.00

Carlos Palomares Buying and Selling Activity at Regional Management

Regional Management Company Overview

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, and digital partners, as well as its consumer website. The company was incorporated in 1987 and is headquartered in Greer, South Carolina.

Today's Range

Now: $26.38

$25.50

$26.49

50 Day Range

MA: $24.02

$22.51

$26.38

2 Week Range

Now: $26.38

$20.50

$34.60

Volume

15,781 shs

Average Volume

23,917 shs

Market Capitalization

$260.37 million

P/E Ratio

16.09

Dividend Yield

4.65%

Beta

1.47