Last updated: 19 August 2024 at 7:33pm EST

Thomas Stenger Net Worth




The estimated Net Worth of Thomas Stenger is at least $1.24 Million dollars as of 16 August 2024. Mr. Stenger owns over 3,200 units of Hope Bancorp Inc stock worth over $310,905 and over the last 5 years he sold HOPE stock worth over $209,485. In addition, he makes $719,552 as Executive Vice President and Chief Risk Officer of Bank of Hope at Hope Bancorp Inc.

Mr. Stenger HOPE stock SEC Form 4 insiders trading

Thomas has made over 14 trades of the Hope Bancorp Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 3,200 units of HOPE stock worth $39,680 on 16 August 2024.

The largest trade he's ever made was exercising 6,120 units of Hope Bancorp Inc stock on 15 March 2023 worth over $65,362. On average, Thomas trades about 1,151 units every 45 days since 2019. As of 16 August 2024 he still owns at least 25,952 units of Hope Bancorp Inc stock.

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





Thomas Stenger biography

Thomas P. Stenger serves as Executive Vice President, Chief Risk Officer of Bank of Hope of the Company. Prior to joining the Bank, he was a Managing Director at PricewaterhouseCoopers from 2011 where he provided strategic leadership assisting financial services clients in enhancing their platforms to be responsive to recent regulatory directives and guidance. He also advised clients on developing and assessing their enterprise risk framework, identifying structural, functional and conceptual operating gaps in multiple disciplines including, market risk, credit risk and operational risk. Previously, Mr. Stenger was a founding partner of Mirror Lake Partners from 2008 to 2011 and was responsible for the risk advisory, treasury/liquidity management and investment portfolio practices focused on providing services to financial services, private equity and mortgage banking firms, as well as regulatory agencies. Prior to this, he served GMAC Residential Mortgage Corporation from 2001 to 2007, most recently as Senior Vice President and Chief Risk Officer. Mr. Stenger joined BankBoston in 1997 as Managing Director, Global Asset Liability Strategy, and following the acquisition of the firm by FleetBoston Financial Corporation in 1999, he served as Senior Risk Manager, Market Risk through 2001. He began his career with financial institutions in 1985 at Michigan National Bank as Vice President, Portfolio Management, before joining Chemical Bank in 1993 as First Vice President, Consumer Asset Management and then Chase Manhattan Mortgage Corp. in 1996 as Senior Vice President. Mr. Stenger earned his B.S. in Finance from the Michigan State University and his M.B.A. in Finance and Financial Management Services from Wayne State University.

What is the salary of Thomas Stenger?

As the Executive Vice President and Chief Risk Officer of Bank of Hope of Hope Bancorp Inc, the total compensation of Thomas Stenger at Hope Bancorp Inc is $719,552. There are 3 executives at Hope Bancorp Inc getting paid more, with Kevin Kim having the highest compensation of $2,708,080.



How old is Thomas Stenger?

Thomas Stenger is 61, he's been the Executive Vice President and Chief Risk Officer of Bank of Hope of Hope Bancorp Inc since 2019. There are 13 older and 18 younger executives at Hope Bancorp Inc. The oldest executive at Hope Bancorp Inc is Chung Hyun Lee, 78, who is the Independent Director.

What's Thomas Stenger's mailing address?

Thomas's mailing address filed with the SEC is 3200 WILSHIRE BLVD. STE. 1400, , LOS ANGELES, CA, 90010.

Insiders trading at Hope Bancorp Inc

Over the last 8 years, insiders at Hope Bancorp Inc have traded over $13,140,035 worth of Hope Bancorp Inc stock and bought 38,450 units worth $433,151 . The most active insiders traders include Steven Koh, Kevin Sung Kim, and Donald Byun. On average, Hope Bancorp Inc executives and independent directors trade stock every 18 days with the average trade being worth of $129,959. The most recent stock trade was executed by Angelee Harris on 4 September 2024, trading 1,500 units of HOPE stock currently worth $18,720.



What does Hope Bancorp Inc do?

headquartered in los angeles, bank of hope has more than 35 years of history serving multi-ethnic customers across the united states. formed through the merger of bbcn bank and wilshire bank, bank of hope is the first and only super regional korean-american bank in the nation with more than $13 billion in total assets as of july 30, 2016. bank of hope operates 85 full-service branches in california, washington, texas, illinois, new york, new jersey, virginia, georgia and alabama. the bank also operates sba loan production offices in seattle, denver, dallas, atlanta, northern california, annandale, virginia, portland, oregon and fremont, california; residential mortgage loan production offices in california; and a representative office in seoul, korea. bank of hope specializes in core business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, sba lending and international trade financing.



Complete history of Mr. Stenger stock trades at Hope Bancorp Inc

Insider
Trans.
Transaction
Total value
Thomas Stenger
SEVP and Chief Risk Officer
Sale $39,680
16 Aug 2024
Thomas Stenger
SEVP and Chief Risk Officer
Option $40,280
15 Mar 2024
Thomas Stenger
SEVP and Chief Risk Officer
Sale $18,285
14 Dec 2023
Thomas Stenger
SEVP and Chief Risk Officer
Sale $28,020
8 Sep 2023
Thomas Stenger
SEVP and Chief Risk Officer
Sale $31,446
6 Jun 2023
Thomas Stenger
SEVP and Chief Risk Officer
Sale $40,597
2 May 2023
Thomas Stenger
SEVP and Chief Risk Officer
Option $65,362
15 Mar 2023
Thomas Stenger
SEVP and Chief Risk Officer
Option $24,702
15 Mar 2022
Thomas Stenger
SEVP and Chief Risk Officer
Sale $51,457
24 Aug 2021
Thomas Stenger
SEVP and Chief Risk Officer
Option $18,976
24 May 2021
Thomas Stenger
SEVP and Chief Risk Officer
Option $39,777
22 Apr 2021
Thomas Stenger
SEVP and Chief Risk Officer
Option $32,375
8 Mar 2021
Thomas Stenger
SEVP and Chief Risk Officer
Option $15,002
28 Feb 2021
Thomas Stenger
SEVP and Chief Risk Officer
Option $11,051
25 May 2020


Hope Bancorp Inc executives and stock owners

Hope Bancorp Inc executives and other stock owners filed with the SEC include: