Last updated: 26 January 2024 at 5:12pm EST

Terence Mitchell Net Worth




The estimated Net Worth of Terence J Mitchell is at least $1.51 Million dollars as of 14 March 2023. Mr. Mitchell owns over 919 units of Metropolitan Bank Corp stock worth over $644,136 and over the last 14 years he sold MCB stock worth over $697,675. In addition, he makes $167,157 as Independent Director at Metropolitan Bank Corp.

Mr. Mitchell MCB stock SEC Form 4 insiders trading

Terence has made over 5 trades of the Metropolitan Bank Corp stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 919 units of MCB stock worth $29,868 on 14 March 2023.

The largest trade he's ever made was selling 28,318 units of Metropolitan Bank Corp stock on 12 May 2016 worth over $505,759. On average, Terence trades about 1,935 units every 114 days since 2011. As of 14 March 2023 he still owns at least 13,026 units of Metropolitan Bank Corp stock.

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





Terence Mitchell biography

Terence J. Mitchell serves as Independent Director of the Company. Terence J. Mitchell has over 40 years of experience in retail banking, and served as Executive Vice President and Chief Retail Officer of Dime Community Bank from December 2010 through his retirement in June 2016. Before joining Dime, Mr. Mitchell served as President of Consumer Banking of Independence Community Bank and Executive Vice President of Retail Banking at Sovereign Bank. He has a deep knowledge of the local community and market and has also served on the boards of several Brooklyn non-profit and public interest organizations. Mr. Mitchell received a B.B.A. from Iona College. His extensive retail and consumer banking experience enables important contributions to the Board.

What is the salary of Terence Mitchell?

As the Independent Director of Metropolitan Bank Corp, the total compensation of Terence Mitchell at Metropolitan Bank Corp is $167,157. There are 14 executives at Metropolitan Bank Corp getting paid more, with Mark DeFazio having the highest compensation of $1,695,330.



How old is Terence Mitchell?

Terence Mitchell is 67, he's been the Independent Director of Metropolitan Bank Corp since 2017. There are 6 older and 17 younger executives at Metropolitan Bank Corp. The oldest executive at Metropolitan Bank Holding Corp is David Gavrin, 85, who is the Independent Director.

Insiders trading at Metropolitan Bank Corp

Over the last 8 years, insiders at Metropolitan Bank Corp have traded over $15,113,230 worth of Metropolitan Bank Corp stock and bought 270,996 units worth $9,401,967 . The most active insiders traders include Mark R De Fazio, Robert I Usdan, and Terence J Mitchell. On average, Metropolitan Bank Corp executives and independent directors trade stock every 27 days with the average trade being worth of $505,428. The most recent stock trade was executed by Scott Lublin on 23 July 2024, trading 2,829 units of MCB stock currently worth $157,519.



What does Metropolitan Bank Corp do?

metropolitan commercial bank, the entrepreneurial bank, is headquartered in new york city and operates full-service banking centers in manhattan; boro park, brooklyn; and great neck, long island. we are a community-focused bank that provides a broad range of business, commercial and personal banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals. in addition to our tradition of relationship-driven, one-on-one personalized service, metropolitan commercial bank offers multiple convenience delivery channels, including online banking, flexible mobile banking apps and no-fee access to over 1 million atms worldwide for our clients. the bank is also an active issuer of prepaid debit cards for an increasing number of third-party prepaid debit card programs. metropolitan commercial bank is a new york state chartered bank, an fdic member and an equal opportunity lender.



What does Metropolitan Bank Corp's logo look like?

Metropolitan Bank Holding Corp logo

Complete history of Mr. Mitchell stock trades at Dime Community Bancshares Inc and Metropolitan Bank Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Mar 2023 Terence J Mitchell
Director
Buy 919 $32.50 $29,868
14 Mar 2023
13,026
8 Nov 2017 Terence J Mitchell
Director
Buy 2,900 $35.00 $101,500
8 Nov 2017
2,900
26 May 2016 Terence J Mitchell
Exec. VP -Chief Retail Officer
Sale 8,541 $18.50 $158,009
26 May 2016
8,505
12 May 2016 Terence J Mitchell
Exec. VP -Chief Retail Officer
Sale 28,318 $17.86 $505,759
12 May 2016
17,046
3 May 2016 Terence J Mitchell
Exec. VP -Chief Retail Officer
Sale 1,890 $17.94 $33,907
3 May 2016
17,046


Metropolitan Bank Corp executives and stock owners

Metropolitan Bank Corp executives and other stock owners filed with the SEC include: