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Michael McDonald net worth and biography

Michael McDonald Biography and Net Worth

EVP of First BanCorp.

Mr. T. Michael McDonald is Executive Vice President, Business Group Executive of First Bancorp. since September 2012. Mr. McDonald has held numerous leadership roles within the financial services industry, including roles in the asset management, investment banking and commercial banking sectors. Prior to joining the Corporationrationration, Mr. McDonald served as President and CEO of Popular Inc.s subsidiary Popular Securities from 2007 until September 2012 and as Senior Vice President of Corporationrationrate Finance and Advisory Services of Banco Popular de Puerto Rico from 2003 to 2007. Mr. McDonald also served as CoHead of Investment Banking at Citibank, N.A.Salomon Smith Barney from 1992 to 2003 as Director of Corporationrationrate Finance in Shawmut National Corporationrationration in Boston, Massachusetts from 1988 to 1992 as Corporationrationrate Lending Officer Latin America Division in The Chase Manhattan Bank, N.A in Puerto Rico from 1983 to 1986. Mr. McDonald is a FINRAregistered Series 24 general securities principal and holds the Series 7 securities license. During the past six years, Mr. McDonald was a Board Member and Treasurer of MakeAWish Foundation.

What is Michael McDonald's net worth?: The estimated net worth of Michael McDonald is at least $1.86 million as of September 3rd, 2024. Mr. McDonald owns 87,476 shares of First BanCorp. stock worth more than $1,862,801 as of November 23rd. This net worth approximation does not reflect any other investments that Mr. McDonald may own. Additionally, Mr. McDonald receives an annual salary of $496,340.00 as EVP at First BanCorp.. Learn More about Michael McDonald's net worth.
How old is Michael McDonald?: Mr. McDonald is currently 62 years old. There are 7 older executives and no younger executives at First BanCorp.. The oldest executive at First BanCorp. is Mr. Orlando Berges-González CPA, Executive VP & CFO, who is 66 years old. Learn More on Michael McDonald's age.
What is Michael McDonald's salary?: As the EVP of First BanCorp., Mr. McDonald earns $496,340.00 per year. There are 5 executives that earn more than Mr. McDonald. The highest earning executive at First BanCorp. is Mr. Aurelio Aleman-Bermudez, President, CEO & Director, who commands a salary of $2,410,000.00 per year. Learn More on Michael McDonald's salary.
How do I contact Michael McDonald?: The corporate mailing address for Mr. McDonald and other First BanCorp. executives is 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908. First BanCorp. can also be reached via phone at (787) 729-8200 and via email at [email protected]. Learn More on Michael McDonald's contact information.
Has Michael McDonald been buying or selling shares of First BanCorp.?: Michael McDonald has not been actively trading shares of First BanCorp. during the last ninety days. Most recently, Michael Mcdonald sold 1,944 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $21.51, for a transaction totalling $41,815.44. Following the completion of the sale, the executive vice president now directly owns 87,476 shares of the company's stock, valued at $1,881,608.76. Learn More on Michael McDonald's trading history.
Who are First BanCorp.'s active insiders?: First BanCorp.'s insider roster includes Aurelio Aleman (CEO), Orlando Berges-Gonzalez (CFO), Luz Crespo (Director), Tracey Dedrick (Director), Patricia Eaves (Director), John Heffern (Director), Roberto Herencia (Director), Donald Kafka (COO), Michael McDonald (EVP), Carlos Power (EVP of Consumer Lending Business), and Nayda Rivera (EVP). Learn More on First BanCorp.'s active insiders.
Are insiders buying or selling shares of First BanCorp.?: During the last twelve months, insiders at the bank sold shares 15 times. They sold a total of 459,762 shares worth more than $8,245,533.39. The most recent insider tranaction occured on November, 8th when EVP Nayda Rivera sold 25,000 shares worth more than $529,750.00. Insiders at First BanCorp. own 2.5% of the company. Learn More about insider trades at First BanCorp..
Information on this page was last updated on 11/8/2024.

Michael McDonald Insider Trading History at First BanCorp.

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/3/2024	Sell	1,944	$21.51	$41,815.44	87,476
8/26/2024	Sell	7,612	$21.65	$164,799.80	89,420
1/30/2024	Sell	57,600	$17.34	$998,784.00	98,501
5/3/2021	Sell	80,000	$12.58	$1,006,400.00	124,283

Michael McDonald Buying and Selling Activity at First BanCorp.

First BanCorp. Company Overview

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, as well as other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; and purchase of mortgage loans from branch and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans, residential mortgages, term and construction loan, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Today's Range

Now: $21.30

$20.98

$21.35

50 Day Range

MA: $20.49

$18.88

$22.20

2 Week Range

Now: $21.30

$14.72

$22.40

Volume

1,510,252 shs

Average Volume

1,038,900 shs

Market Capitalization

$3.49 billion

P/E Ratio

11.77

Dividend Yield

3.12%

Beta

1.11

[625,000% Gain] – Are You Ready for the Next Altcoin Boom?

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Michael McDonald Biography and Net Worth

What is Michael McDonald's net worth?

How old is Michael McDonald?

What is Michael McDonald's salary?

How do I contact Michael McDonald?

Has Michael McDonald been buying or selling shares of First BanCorp.?

Who are First BanCorp.'s active insiders?

Are insiders buying or selling shares of First BanCorp.?