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Frank Sorrentino, III net worth and biography

Frank Sorrentino, III Biography and Net Worth

CEO of ConnectOne Bancorp

Frank Sorrentino III is Chairman and CEO of ConnectOne Bank (CNOB), formerly North Jersey community Bank (NJCB), with eight branches throughout the state. The bank was founded by Mr. Sorrentino and other Bergen County civic and business leaders to serve local residents and businesses by providing the highest level of personalized community banking services.As Chairman and CEO of ConnectOne, Mr. Sorrentino is responsible for its business development plan, serves as the community liaison, sits on the loan committee and serves as the bank's spokesperson. Mr. Sorrentino has been instrumental in developing the bank's branch and expansion strategy and oversees all marketing activities.In 2013, he led the rebrand of the company to ConnectOne Bank. CNOB's board of directors, shareholders, employees and loyal customer base have all contributed to its unprecedented growth. Since opening its first branch in January 2005, NJCB has grown to more than $1 billion in assets. In 2011 and 2012, NJCB was named a top 5 best performing community bank in the country by SNL Financial, a leading provider of news and data on the banking and financial services industry. Additionally, NJCB has been named to the Top 10 on NJBIZs 50 Fastest Growing Companies list, was a finalist for the publications Emerging Business of the Year award, and a recipient of the Forbes Enterprise Awards - one of the most esteemed and sought-after small business awards in the U.S. Mr. Sorrentino is a frequent commentator on CNBC, Bloomberg TV & Radio, and Fox Business News Discussing community banking issues, and his views have been published in prominent business publications including The Wall Street Journal and American Banker, along with being a contributor for Forbes.com. Previously, Mr. Sorrentino was president of FSS Construction, Inc., a family-owned third generation construction business that specializes in custom-built luxury residential homes. FSS was founded in 1979 and is based in Englewood Cliffs, NJ. Mr. Sorrentino Received his B.S. in Construction Engineering Technology from Farleigh Dickinson University in 1987.He was named "Builder of the Year" in 1995 by the Builders Association of Northern New Jersey and was also awarded the Founders Medal from Bergen Catholic High School in 2005.

What is Frank Sorrentino, III's net worth?: The estimated net worth of Frank Sorrentino, III is at least $18.44 million as of April 29th, 2019. Mr. Sorrentino, III owns 680,699 shares of ConnectOne Bancorp stock worth more than $18,440,136 as of November 17th. This net worth estimate does not reflect any other assets that Mr. Sorrentino, III may own. Learn More about Frank Sorrentino, III's net worth.
How do I contact Frank Sorrentino, III?: The corporate mailing address for Mr. Sorrentino, III and other ConnectOne Bancorp executives is 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ, 07632. ConnectOne Bancorp can also be reached via phone at (201) 816-8900 and via email at [email protected]. Learn More on Frank Sorrentino, III's contact information.
Has Frank Sorrentino, III been buying or selling shares of ConnectOne Bancorp?: Frank Sorrentino, III has not been actively trading shares of ConnectOne Bancorp during the past quarter. Most recently, Frank Sorrentino III sold 30,000 shares of the business's stock in a transaction on Tuesday, November 2nd. The shares were sold at an average price of $34.12, for a transaction totalling $1,023,600.00. Learn More on Frank Sorrentino, III's trading history.
Who are ConnectOne Bancorp's active insiders?: ConnectOne Bancorp's insider roster includes Stephen Boswell (Director), Joseph Parisi, Jr. (Director), Frank Sorrentino, III (CEO), and William Thompson (Director). Learn More on ConnectOne Bancorp's active insiders.

Frank Sorrentino, III Insider Trading History at ConnectOne Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/2/2021	Sell	30,000	$34.12	$1,023,600.00
4/29/2019	Sell	5,240	$21.93	$114,913.20	680,699
8/17/2018	Sell	28,728	$24.98	$717,625.44	598,799
3/23/2018	Sell	4,716	$29.35	$138,414.60	609,717
2/6/2018	Sell	2,174	$28.45	$61,850.30	593,980
12/14/2017	Sell	5,848	$26.49	$154,913.52	560,562
6/6/2017	Sell	2,445	$21.85	$53,423.25	566,410
1/31/2017	Sell	2,140	$24.68	$52,815.20	555,889
11/7/2016	Sell	6,417	$18.30	$117,431.10	564,446
5/16/2016	Sell	6,095	$16.01	$97,580.95	559,886
11/12/2015	Buy	5,000	$18.02	$90,100.00	517,588
4/30/2013	Buy	3,660	$29.27	$107,128.20
2/12/2013	Buy	2,000	$28.00	$56,000.00

Frank Sorrentino, III Buying and Selling Activity at ConnectOne Bancorp

ConnectOne Bancorp Company Overview

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking. It provides retirement accounts, consumers and cash management services for business clients, including treasury direct, automated clearing house, remote deposit capture, and digital invoicing. In addition, the company offers consumer and commercial business loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, and other personal loans; commercial loans secured by collateral, such as business assets comprising accounts receivable, inventory and equipment, and mortgages filed on commercial and residential real estate, as well as cash balances and marketable securities. Further, it provides real estate loans, which includes loans secured by first liens on completed commercial properties, including multi-family properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominium; and cooperative residential real estate loans. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

Today's Range

Now: $27.09

$26.78

$27.79

50 Day Range

MA: $25.40

$24.05

$28.60

2 Week Range

Now: $27.09

$17.07

$29.02

Volume

183,703 shs

Average Volume

242,055 shs

Market Capitalization

$1.04 billion

P/E Ratio

15.57

Dividend Yield

2.66%

Beta

1.25

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