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Last updated: 29 March 2022 at 4:31pm EST

Vernon Hill Net Worth




The estimated Net Worth of Vernon W Ii Hill is at least $594 Thousand dollars as of 27 February 2020. Mr. Hill owns over 100,000 units of Republic First stock worth over $10,706 and over the last 21 years he sold FRBK stock worth over $0. In addition, he makes $583,000 as Chairman of the Board at Republic First.

Mr. Hill FRBK stock SEC Form 4 insiders trading

Vernon has made over 1 trades of the Republic First stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 100,000 units of FRBK stock worth $300,000 on 27 February 2020.

The largest trade he's ever made was buying 100,000 units of Republic First stock on 27 February 2020 worth over $300,000. On average, Vernon trades about 1,471 units every 0 days since 2003. As of 27 February 2020 he still owns at least 2,379,000 units of Republic First stock.

You can see the complete history of Mr. Hill stock trades at the bottom of the page.





Vernon Hill biography

Vernon W. Hill II serves as Chairman of the Board of the Company. Mr. Hill was previously the chairman, chief executive officer, and president of Commerce Bancorp, Inc. which he founded in 1973. Under his direction, Commerce Bank grew from one location in Marlton, N.J. to more than 450 branches along the east coast of the U.S. with over $50 billion in assets before its sale in 2007. He is often credited with reinventing the concept of American banking. His book titled “Fans Not Customers: How to Create Growth Companies in a No Growth World” is based on the concept that it is better to have fans rather than customers and that businesses should compete on service instead of price. Mr. Hill is also the chairman and founder of Metro Bank in the U.K., Britain’s first new High Street bank in over 100 years. Since opening its first branch in 2010, Metro Bank has grown to 65 branches, more than $28 billion in assets, and over 1.6 million customer accounts in just eight years. Mr. Hill is also the chairman of Petplan, USA, the largest pet health insurer in the world. He also is a partner in a real estate development firm which has developed numerous shopping centers and retail locations. Mr. Hill’s experience in banking for over forty years provides the Company with leadership skills and knowledge required to successfully operate and grow financial institutions. His experience in real estate and other businesses also offers the board valuable insight to execute its expansion strategy.

What is the salary of Vernon Hill?

As the Chairman of the Board of Republic First, the total compensation of Vernon Hill at Republic First is $583,000. There are 2 executives at Republic First getting paid more, with Harry Madonna having the highest compensation of $702,955.



How old is Vernon Hill?

Vernon Hill is 74, he's been the Chairman of the Board of Republic First since 2016. There are 4 older and 13 younger executives at Republic First. The oldest executive at Republic First Bancorp, Inc. is Harry Dillon Madonna, 78, who is the Pres & Chairman Emeritus.

What's Vernon Hill's mailing address?

Vernon's mailing address filed with the SEC is C/O REPUBLIC FIRST BANCORP, INC., 50 S. 16TH STREET, SUITE 2400, PHILADELPHIA, PA, 19102.

Insiders trading at Republic First

Over the last 22 years, insiders at Republic First have traded over $1,336,416 worth of Republic First stock and bought 310,075 units worth $1,010,786 . The most active insiders traders include Peter B Bartholow, Harris Wildstein, and Frenkiel Paul. On average, Republic First executives and independent directors trade stock every 72 days with the average trade being worth of $62. The most recent stock trade was executed by Andrew B Cohen on 21 February 2023, trading 8,500 units of FRBK stock currently worth $38.



What does Republic First do?

republic bank is a commercial and retail bank with a distinct brand. our focus is on innovation, customer satisfaction, brand building, value for our shareholders, and a fantastic environment for our employees to enjoy. at republic bank, we offer our customers "big bank"​ benefits with a small town feel. we are one of the largest philadelphia based banks, making decisions locally, and quickly. we pride ourselves on our retail based model focused on convenience and fanatic customer service. we are different from the other banks, when we say "convenient"​ we really mean it. we offer premier conveniences that many other banks do not, such as: • open 7 days • absolutely free personal checking • free coin counting • atm/debit card on the spot • fee free atm* anywhere you see allpoint • bank anywhere, in-store, online, phone or mobile republic bank will continue to serve the needs of individuals, families, and businesses, as we will exceed our customers'​ expectations ... every customer, eve



What does Republic First's logo look like?

Republic First Bancorp, Inc. logo

Complete history of Mr. Hill stock trades at Republic First and Virtus Convertible & Income 2024 Target Term Fund

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
27 Feb 2020 FRBK Republic First Bancorp, Inc. Vernon W Ii Hill
Chairman and CEO
 Buy 100,000 $3.00 $300,000
27 Feb 2020
2,379,000 ↗


Republic First executives and stock owners

Republic First executives and other stock owners filed with the SEC include: