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Robert J. McCormick net worth and biography

Robert McCormick Biography and Net Worth

CEO of TrustCo Bank Corp NY

Robert J. McCormick, President and Chief Executive Officer of TrustCo from 2004 to present, Chair 2009 to 2010 and 2019 to present, executive officer of TrustCo from 2001 to present and Chief Executive Officer of Trustco Bank from 2002 to present. Director of TrustCo and Trustco Bank from 2005 to present. Joined Trustco Bank in 1995. Mr. McCormick contributes his skills and knowledge obtained from being the chief executive officer of the Company and Trustco Bank.

What is Robert J. McCormick's net worth?: The estimated net worth of Robert J. McCormick is at least $7.81 million as of May 15th, 2023. Mr. McCormick owns 260,470 shares of TrustCo Bank Corp NY stock worth more than $7,811,495 as of June 7th. This net worth evaluation does not reflect any other assets that Mr. McCormick may own. Learn More about Robert J. McCormick's net worth.
What is Robert J. McCormick's salary?: As the CEO of TrustCo Bank Corp NY, Mr. McCormick earned a total compensation package of $1,501,778.00 in 2021. Mr. McCormick earned a salary of $401,057.00, stock awards of $783,574.00, non-equity compensation of $314,830.00, and other compensation of $2,317.00. Learn More on Robert J. McCormick's salary.
How do I contact Robert J. McCormick?: The corporate mailing address for Mr. McCormick and other TrustCo Bank Corp NY executives is 5 SARNOWSKI DRIVE, GLENVILLE NY, 12205. TrustCo Bank Corp NY can also be reached via phone at (518) 377-3311 and via email at [email protected]. Learn More on Robert J. McCormick's contact information.
Has Robert J. McCormick been buying or selling shares of TrustCo Bank Corp NY?: In the last ninety days, Robert J. McCormick has bought $113,868.80 in shares of TrustCo Bank Corp NY stock. Most recently, on Monday, May 15th, Robert J. Mccormick bought 4,096 shares of TrustCo Bank Corp NY stock. The stock was acquired at an average cost of $27.80 per share, with a total value of $113,868.80. Following the completion of the transaction, the chief executive officer now directly owns 260,470 shares of the company's stock, valued at $7,241,066. Learn More on Robert J. McCormick's trading history.
Who are TrustCo Bank Corp NY's active insiders?: TrustCo Bank Corp NY's insider roster includes Kevin Curley (COO), Michael Hall (General Counsel), Robert Leonard (EVP), Robert McCormick (CEO), Michael Ozimek (CFO), Kimberly Russell (Director), Eric Schreck (EVP), and Frank Silverman (Director). Learn More on TrustCo Bank Corp NY's active insiders.
Are insiders buying or selling shares of TrustCo Bank Corp NY?: In the last twelve months, TrustCo Bank Corp NY insiders bought shares 26 times. They purchased a total of 27,608 shares worth more than $861,076.99. The most recent insider tranaction occured on May, 15th when CEO Robert J Mccormick bought 4,096 shares worth more than $113,868.80. Insiders at TrustCo Bank Corp NY own 3.3% of the company. Learn More about insider trades at TrustCo Bank Corp NY.
Information on this page was last updated on 5/15/2023.

Robert J. McCormick Insider Trading History at TrustCo Bank Corp NY

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/15/2023	Buy	4,096	$27.80	$113,868.80	260,470
1/26/2023	Buy	862	$33.34	$28,739.08	252,276
7/27/2022	Buy	1,800	$32.90	$59,220.00	246,452
12/15/2021	Buy	3,500	$32.40	$113,400.00
4/27/2020	Buy	65,000	$6.05	$393,250.00	1,049,169
5/23/2014	Buy	3,753	$6.66	$24,994.98
10/29/2013	Buy	3,641	$6.87	$25,013.67
8/2/2013	Buy	4,181	$5.98	$25,002.38
5/9/2013	Buy	4,473	$5.59	$25,004.07
3/13/2013	Buy	4,642	$5.39	$25,020.38

Robert J. McCormick Buying and Selling Activity at TrustCo Bank Corp NY

TrustCo Bank Corp NY Company Overview

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. It accepts deposits and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the firm serves as the executor of estates and trustee of personal trusts, provides asset and wealth management, estate planning and related advice, and custodial services, and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. The company was founded in 1902 and is headquartered in Glenville, NY.

Today's Range

Now: $29.99

$28.26

$30.18

50 Day Range

MA: $29.42

$27.43

$32.23

2 Week Range

Now: $29.99

$27.18

$39.36

Volume

102,993 shs

Average Volume

72,495 shs

Market Capitalization

$570.41 million

P/E Ratio

7.55

Dividend Yield

5.08%

Beta

0.9

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