Mark D. Schwabero net worth and biography

Mark Schwabero Biography and Net Worth

Director of 1st Source

Nearly 43 years of total experience in the automotive, marine and commercial vehicle/manufacturing industries, the last 33 of which as a senior Mr. Schwabero had been with Brunswick Corporation for the 15 years preceding his retirement in 2018. He became Chairman and Chief Executive Officer in February 2016 after having served as President and Chief Operating Officer of Brunswick Corporation and prior thereto as President of Mercury Marine.

Detailed knowledge of the transportation, recreational and marine industries as well as long-term perspective in manufacturing and general management expertise. Public company experience.

Named by CEO Today Magazine as one of the top 100 CEOs in America for U.S. based companies for 2018.

Qualifies as an audit committee financial expert under SEC guidelines.

Former director of National Exchange Bank & Trust.

Serves as Lead Director.

Serves on the Advisory Committee of The Ohio State University Center for Automotive Research.

Past Chairman of the National Marine Manufacturers Association.

B.S. and M.S. in Industrial and Systems Engineering from The Ohio State University.

What is Mark D. Schwabero's net worth?: The estimated net worth of Mark D. Schwabero is at least $1.29 million as of April 24th, 2023. Mr. Schwabero owns 21,104 shares of 1st Source stock worth more than $1,289,243 as of March 14th. This net worth approximation does not reflect any other investments that Mr. Schwabero may own. Learn More about Mark D. Schwabero's net worth.
How do I contact Mark D. Schwabero?: The corporate mailing address for Mr. Schwabero and other 1st Source executives is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. 1st Source can also be reached via phone at (574) 235-2000 and via email at shareholder@1stsource.com. Learn More on Mark D. Schwabero's contact information.
Has Mark D. Schwabero been buying or selling shares of 1st Source?: Mark D. Schwabero has not been actively trading shares of 1st Source in the last ninety days. Most recently, on Monday, April 24th, Mark D. Schwabero bought 495 shares of 1st Source stock. The stock was acquired at an average cost of $44.32 per share, with a total value of $21,938.40. Following the completion of the transaction, the director now directly owns 21,104 shares of the company's stock, valued at $935,329.28. Learn More on Mark D. Schwabero's trading history.
Who are 1st Source's active insiders?: 1st Source's insider roster includes Jeffrey Buhr (EVP and Chief Credit Officer), Daniel Fitzpatrick (Director), Mark Schwabero (Director), and Andrea Short (CFO). Learn More on 1st Source's active insiders.
Are insiders buying or selling shares of 1st Source?: In the last year, 1st Source insiders bought shares 1 times. They purchased a total of 1,000 shares worth more than $49,650.00. In the last year, insiders at the financial services provider sold shares 1 times. They sold a total of 1,925 shares worth more than $97,867.00. The most recent insider tranaction occured on June, 6th when EVP Jeffrey L Buhr sold 1,925 shares worth more than $97,867.00. Insiders at 1st Source own 19.3% of the company. Learn More about insider trades at 1st Source.
Information on this page was last updated on 6/6/2024.

Mark D. Schwabero Insider Trading History at 1st Source

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/24/2023	Buy	495	$44.32	$21,938.40	21,104
7/26/2022	Buy	400	$47.21	$18,884.00	19,508
5/1/2020	Buy	1,000	$32.81	$32,810.00	12,546

Mark D. Schwabero Buying and Selling Activity at 1st Source

1st Source Company Overview

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

Today's Range

Now: $61.09

$60.34

$61.18

50 Day Range

MA: $61.84

$54.91

$67.65

2 Week Range

Now: $61.09

$47.30

$68.13

Volume

77,848 shs

Average Volume

83,293 shs

Market Capitalization

$1.50 billion

P/E Ratio

11.40

Dividend Yield

2.38%

Beta

0.78