Last updated: 23 May 2024 at 12:52pm EST

Jennifer Steans Net Worth




The estimated Net Worth of Jennifer W Steans is at least $5.49 Million dollars as of 14 March 2023. Ms. Steans owns over 50,000 units of Valley National Bancorp stock worth over $850,500 and over the last 8 years she sold VLY stock worth over $4,473,656. In addition, she makes $170,531 as Independent Director at Valley National Bancorp.

Ms. Steans VLY stock SEC Form 4 insiders trading

Jennifer has made over 5 trades of the Valley National Bancorp stock since 2018, according to the Form 4 filled with the SEC. Most recently she bought 50,000 units of VLY stock worth $514,500 on 14 March 2023.

The largest trade she's ever made was buying 325,000 units of Valley National Bancorp stock on 13 March 2020 worth over $2,450,500. On average, Jennifer trades about 43,775 units every 74 days since 2017. As of 14 March 2023 she still owns at least 105,000 units of Valley National Bancorp stock.

You can see the complete history of Ms. Steans stock trades at the bottom of the page.





Jennifer Steans biography

Jennifer W. Steans serves as Independent Director of the Company. Ms. Steans is the President and CEO of the private asset management firm, Financial Investments Corporation (“FIC”), where she oversees private equity investments and the Steans Family Office operations. She was the former Chairman of USAmeriBancorp, Inc., until acquired by Valley in 2018. Her business affiliations are substantial, also serving as a Director of Catastrophe Solutions and on the Advisory Board for Carlyle Asia Growth Partners III, LP, Resource Land Fund, Siena Capital Partners, and is on the Executive Committee of The Commercial Club of Chicago. Prior to joining Valley's Board of Directors, Ms. Steans served as a Director of MB Financial (MBFI), a publicly traded regional bank holding company located in Chicago.

What is the salary of Jennifer Steans?

As the Independent Director of Valley National Bancorp, the total compensation of Jennifer Steans at Valley National Bancorp is $170,531. There are 17 executives at Valley National Bancorp getting paid more, with Ira Robbins having the highest compensation of $3,967,050.



How old is Jennifer Steans?

Jennifer Steans is 56, she's been the Independent Director of Valley National Bancorp since 2018. There are 17 older and 11 younger executives at Valley National Bancorp. The oldest executive at Valley National Bancorp is Graham Jones, 75, who is the Director.

What's Jennifer Steans's mailing address?

Jennifer's mailing address filed with the SEC is Valley Bank, 1455, Valley Road, Wayne, Passaic County, New Jersey, 07470, United States.

Insiders trading at Valley National Bancorp

Over the last 21 years, insiders at Valley National Bancorp have traded over $24,569,620 worth of Valley National Bancorp stock and bought 720,540 units worth $6,703,473 . The most active insiders traders include Jennifer W Steans, Gerald H Lipkin, and Kevin J Lynch. On average, Valley National Bancorp executives and independent directors trade stock every 36 days with the average trade being worth of $184,291. The most recent stock trade was executed by Joseph Chillura on 14 June 2024, trading 10,000 units of VLY stock currently worth $65,700.



What does Valley National Bancorp do?

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as time deposits. The company also offers commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. In addition, it invests in various types of securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, foreign exchange transactions, documentary collections, and foreign wire transfers services, as well as transaction accounts for non-resident aliens. Further, the company provides investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for retirement plans. Additionally, it offers trust services, which comprise living and testamentary trusts, investment management, custodial and escrow services, and estate administration primarily to individuals; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as holds real estate related investments. Further, the company offers automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit facility services. It operates 226 branches located in New Jersey, New York, Florida, and Alabama. The company was founded in 1927 and is headquartered in New York, New York.



What does Valley National Bancorp's logo look like?

Valley National Bancorp logo

Complete history of Ms. Steans stock trades at Valley National Bancorp and Valley National Bancorp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Mar 2023 Jennifer W Steans
Director
Buy 50,000 $10.29 $514,500
14 Mar 2023
105,000
13 Mar 2020 Jennifer W Steans
Director
Buy 325,000 $7.54 $2,450,500
13 Mar 2020
297,450
9 May 2018 Jennifer W Steans
Director
Sale 175,300 $12.76 $2,236,828
9 May 2018
0
13 Mar 2020 Jennifer W Steans
Director
Buy 325,000 $7.54 $2,450,500
13 Mar 2020
297,450
9 May 2018 Jennifer W Steans
Director
Sale 175,300 $12.76 $2,236,828
9 May 2018
0


Valley National Bancorp executives and stock owners

Valley National Bancorp executives and other stock owners filed with the SEC include: