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Ron L. Farnsworth, Jr. net worth and biography

Ron Farnsworth, Jr. Biography and Net Worth

CFO of Columbia Banking System

Ron Farnsworth serves as chief financial officer of Columbia Banking System and executive vice president, chief financial officer of Umpqua Bank, and he held the same position at Umpqua Holdings Corporation and Umpqua Bank from 2008 until 2023’s merger with Columbia. Mr. Farnsworth joined Independent Financial Network (formerly Security Bank Holding Company), a predecessor of Columbia, in 1996 as controller, and he served as chief financial officer from 1998 until the bank’s sale to Umpqua in 2001, at which point he joined Umpqua to lead the finance group. Mr. Farnsworth took on increasing levels of responsibility and additional senior management roles in his subsequent years with the company before his promotion to chief financial officer.

Mr. Farnsworth began his career in public accounting at KPMG as an auditor. During his 30-year career in the financial services industry, he was recognized as a CFO of the year in 2010 and in 2015 by the Portland Business Journal (PBJ), and he was named by the PBJ as a Forty under 40 leader in 2009.

Mr. Farnsworth earned his Bachelor of Science in business administration and accounting from Portland State University, and he is a graduate of the Pacific Coast Banking School. He served 10 years as a board member for the Portland, Oregon-based nonprofit Boys & Girls Aid, and he is a former member of the Oregon Bankers Association Financial Officers Committee.

What is Ron L. Farnsworth, Jr.'s net worth?: The estimated net worth of Ron L. Farnsworth, Jr. is at least $4.33 million as of January 29th, 2024. Mr. Farnsworth, Jr. owns 160,073 shares of Columbia Banking System stock worth more than $4,334,777 as of December 23rd. This net worth estimate does not reflect any other investments that Mr. Farnsworth, Jr. may own. Learn More about Ron L. Farnsworth, Jr.'s net worth.
How do I contact Ron L. Farnsworth, Jr.?: The corporate mailing address for Mr. Farnsworth, Jr. and other Columbia Banking System executives is 1301 A STREET, TACOMA WA, 98402. Columbia Banking System can also be reached via phone at (253) 305-1900 and via email at [email protected]. Learn More on Ron L. Farnsworth, Jr.'s contact information.
Has Ron L. Farnsworth, Jr. been buying or selling shares of Columbia Banking System?: Ron L. Farnsworth, Jr. has not been actively trading shares of Columbia Banking System during the past quarter. Most recently, on Monday, January 29th, Ron L. Farnsworth bought 2,500 shares of Columbia Banking System stock. The stock was acquired at an average cost of $20.71 per share, with a total value of $51,775.00. Following the completion of the transaction, the chief financial officer now directly owns 160,073 shares of the company's stock, valued at $3,315,111.83. Learn More on Ron L. Farnsworth, Jr.'s trading history.
Who are Columbia Banking System's active insiders?: Columbia Banking System's insider roster includes Kumi Baruffi (General Counsel), Aaron Deer (CFO), Craig Eerkes (Director), Ron Farnsworth, Jr. (CFO), Tom Hulbert (Director), David Lawson (EVP), Luis Machuca (Director), Christopher Merrywell (VP), John Schultz (Director), Elizabeth Seaton (Director), and Clint Stein (CEO). Learn More on Columbia Banking System's active insiders.
Are insiders buying or selling shares of Columbia Banking System?: During the last year, Columbia Banking System insiders bought shares 7 times. They purchased a total of 35,133 shares worth more than $719,737.43. The most recent insider tranaction occured on February, 6th when Director Elizabeth Whitehead Seaton bought 2,685 shares worth more than $49,618.80. Insiders at Columbia Banking System own 0.6% of the company. Learn More about insider trades at Columbia Banking System.
Information on this page was last updated on 2/6/2024.

Ron L. Farnsworth, Jr. Insider Trading History at Columbia Banking System

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
1/29/2024	Buy	2,500	$20.71	$51,775.00	160,073

Ron L. Farnsworth, Jr. Buying and Selling Activity at Columbia Banking System

Columbia Banking System Company Overview

Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions. It also provides commercial lending products, such as commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, commercial property loans, multifamily loans, equipment loans, commercial equipment leases, real estate construction loans and permanent financing, and small business administration program financing, as well as capital markets. In addition, the company offers wealth management comprising financial planning, investment, trust, and insurance; treasury management, which includes digital and mobile banking solutions, ACH, wires, positive pay, remote deposit capture, integrated payments, integrated receivables, lockbox, cash vault, real-time payments, commercial card, and foreign exchange and international banking related products, as well as merchant services; and brokerage services, residential real estate loans and consumer loans. It serves its products to corporate, institutional, small business, and individual customers. The company was founded in 1953 and is headquartered in Tacoma, Washington.

Today's Range

Now: $27.08

$26.90

$27.25

50 Day Range

MA: $29.45

$26.40

$32.01

2 Week Range

Now: $27.08

$17.08

$32.85

Volume

1,338,475 shs

Average Volume

2,192,802 shs

Market Capitalization

$5.67 billion

P/E Ratio

11.72

Dividend Yield

5.45%

Beta

0.64

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