Last updated: 31 January 2019 at 3:19pm EST

Robert Usdan Net Worth




The estimated Net Worth of Robert I Usdan is at least $31.9 Million dollars as of 8 November 2017. Mr. Usdan owns over 200,000 units of Metropolitan Bank Corp stock worth over $31,729,593 and over the last 7 years he sold MCB stock worth over $0. In addition, he makes $183,157 as Independent Director at Metropolitan Bank Corp.

Mr. Usdan MCB stock SEC Form 4 insiders trading

Robert has made over 1 trades of the Metropolitan Bank Corp stock since 2017, according to the Form 4 filled with the SEC. Most recently he bought 200,000 units of MCB stock worth $7,000,000 on 8 November 2017.

The largest trade he's ever made was buying 200,000 units of Metropolitan Bank Corp stock on 8 November 2017 worth over $7,000,000. On average, Robert trades about 50,000 units every 0 days since 2017. As of 8 November 2017 he still owns at least 641,650 units of Metropolitan Bank Corp stock.

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





Robert Usdan biography

Robert I. Usdan serves as Independent Director of the Company. Robert Usdan is a Co-Founder and Principal of The Endicott Group, an investment management and financial advisory firm located in New York. He currently serves on the Boards of Directors of American Business Bank (CA) and Radius Bancorp (MA). He previously served on the Board of Directors of TGR Financial, Inc. (FL) and Square 1 Financial, Inc. (NC). Before founding Endicott, from 1990 to January 1996, Mr. Usdan was an Associate Director in the Corporate Finance Group at Sandler O’Neill & Partners, L.P. Mr. Usdan received a B.A. from the University of Virginia. Pursuant to the terms of the Letter Agreement, dated June 21, 2016, between the Company, the Bank and Endicott Opportunity Partners IV, L.P., the Company agreed to appoint Mr. Usdan to the Board of Directors. His experience and knowledge of corporate finance and investment strategy, as well as his experience as a director of other banks, make him a valuable contributor to the Board.

What is the salary of Robert Usdan?

As the Independent Director of Metropolitan Bank Corp, the total compensation of Robert Usdan at Metropolitan Bank Corp is $183,157. There are 13 executives at Metropolitan Bank Corp getting paid more, with Mark DeFazio having the highest compensation of $1,695,330.



How old is Robert Usdan?

Robert Usdan is 53, he's been the Independent Director of Metropolitan Bank Corp since 2017. There are 14 older and 8 younger executives at Metropolitan Bank Corp. The oldest executive at Metropolitan Bank Holding Corp is David Gavrin, 85, who is the Independent Director.

What's Robert Usdan's mailing address?

Robert's mailing address filed with the SEC is 99 Park Ave, New York, NY 10016, USA.

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.



Complete history of Mr. Usdan stock trades at Metropolitan Bank Corp

Insider
Trans.
Transaction
Total value
Robert I Usdan
Director
Buy $7,000,000
8 Nov 2017


Metropolitan Bank Corp executives and stock owners

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