Bobby Berman Biography and Net Worth

Bobby Berman, Group Executive Vice President-Research and Strategy, joined Frost in 1985 as a financial analyst in the treasury division. He became Assistant Vice President and Financial Planning Manager in 1988, Vice President in 1990, and Senior Vice President in 1994. During those years, he served on the Asset Liabilities Management Committee of the bank. Starting in 1997, Bobby spearheaded the implementation of the bank’s Data Warehouse strategy and oversaw its direction for several years. The Data Warehouse gives Frost insights into customer activities and profitability and enables the bank to improve customer service. He was named Executive Vice President and Director of Internet Banking and E-Commerce in 2000, where he oversaw the launch of Frost’s internet and mobile banking services and spearheaded other innovations for more than a decade before becoming a Group Executive Vice President in charge of Research and Strategy. In that role Bobby oversees projects including distribution analysis, research into customer trends and product development and pricing strategies.

A native of Oklahoma City, Bobby earned a bachelor of science in Business Administration from Trinity University in 1984.

What is Bobby Berman's net worth?: The estimated net worth of Bobby Berman is at least $3.79 million as of November 1st, 2024. Berman owns 26,661 shares of Cullen/Frost Bankers stock worth more than $3,794,927 as of November 23rd. This net worth approximation does not reflect any other assets that Berman may own. Learn More about Bobby Berman's net worth.
How do I contact Bobby Berman?: The corporate mailing address for Berman and other Cullen/Frost Bankers executives is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. Cullen/Frost Bankers can also be reached via phone at (210) 220-4011 and via email at [email protected]. Learn More on Bobby Berman's contact information.
Has Bobby Berman been buying or selling shares of Cullen/Frost Bankers?: During the last quarter, Bobby Berman has sold $442,842.86 of Cullen/Frost Bankers stock. Most recently, Bobby Berman sold 3,506 shares of the business's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $126.31, for a transaction totalling $442,842.86. Following the completion of the sale, the executive vice president now directly owns 26,661 shares of the company's stock, valued at $3,367,550.91. Learn More on Bobby Berman's trading history.
Who are Cullen/Frost Bankers' active insiders?: Cullen/Frost Bankers' insider roster includes Carlos Alvarez (Director), Chris Avery (Director), Bobby Berman (EVP), Paul Bracher (Insider), Anthony Chase (Director), Samuel Dawson (Director), Patrick Frost (Insider), Phillip Green (Chairman of the Board & CEO), Howard Kasanoff (EVP), William Perotti (EVP), Jerry Salinas (CFO), Carol Severyn (EVP), Jimmy Stead (EVP), and Candace Wolfshohl (EVP). Learn More on Cullen/Frost Bankers' active insiders.
Are insiders buying or selling shares of Cullen/Frost Bankers?: In the last twelve months, insiders at the bank sold shares 7 times. They sold a total of 40,996 shares worth more than $5,145,593.42. The most recent insider tranaction occured on November, 19th when CEO Phillip D Green sold 14,358 shares worth more than $1,980,829.68. Insiders at Cullen/Frost Bankers own 2.9% of the company. Learn More about insider trades at Cullen/Frost Bankers.
Information on this page was last updated on 11/19/2024.

Bobby Berman Insider Trading History at Cullen/Frost Bankers

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/1/2024	Sell	3,506	$126.31	$442,842.86	26,661
3/14/2024	Sell	1,312	$105.49	$138,402.88	27,815
5/4/2023	Buy	1,500	$95.25	$142,875.00	26,662
10/28/2022	Sell	1,941	$151.62	$294,294.42	24,589
2/16/2021	Sell	17,502	$103.55	$1,812,332.10	32,739
11/19/2018	Sell	1,391	$101.12	$140,657.92	28,112
10/27/2017	Sell	41,760	$100.53	$4,198,132.80	38,596
2/22/2017	Sell	7,940	$93.35	$741,199.00	38,596
8/15/2016	Sell	7,101	$70.46	$500,336.46	31,347
8/8/2016	Sell	9,000	$70.15	$631,350.00	40,347
11/6/2014	Sell	3,639	$80.53	$293,048.67
11/5/2014	Sell	13,216	$79.82	$1,054,901.12
8/20/2013	Sell	17,800	$72.99	$1,299,222.00	30,134

Bobby Berman Buying and Selling Activity at Cullen/Frost Bankers

Cullen/Frost Bankers Company Overview

Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services; correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services. Further, it offers trust, investment, agency, and custodial services for individual and corporate clients; capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and support for international business activities, including foreign exchange, letters of credit, export-import financing, and other related activities. Additionally, the company offers insurance and securities brokerage services; holding of securities for investment purposes; and investment management services for mutual funds, institutions, and individuals. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. The company was founded in 1868 and is headquartered in San Antonio, Texas.

Today's Range

Now: $142.34

$139.49

$142.63

50 Day Range

MA: $123.41

$107.95

$143.66

2 Week Range

Now: $142.34

$94.09

$144.89

Volume

434,295 shs

Average Volume

455,176 shs

Market Capitalization

$9.13 billion

P/E Ratio

17.66

Dividend Yield

2.76%

Beta

0.98

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