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Louis J. Torchio net worth and biography

Louis Torchio Biography and Net Worth

President, CEO & Director of Northwest Bancshares

Louis J. Torchio serves as Senior Executive Vice President - Retail Lending of the Company. Mr. Louis J. Torchio has been employed by Northwest Bank since 2018 and currently serves as Executive Vice President, Retail Lending. Prior to joining Northwest Bank, Mr. Torchio served as Senior Vice President of Residential and Consumer Lending at Delaware County Bank for two years and prior to that served as Executive Vice President at CNB Bank. He also has served in various senior leadership positions for Charter One Bank, Bank One, Prudential Home Mortgage and Mellon Bank. Mr. Torchio holds a BA degree in Business Administration and Computer Programming from Fairmont State University and a MBA degree in Finance and Financial Management Services from Franklin University.

What is Louis J. Torchio's net worth?: The estimated net worth of Louis J. Torchio is at least $809,620.74 as of August 23rd, 2023. Mr. Torchio owns 57,298 shares of Northwest Bancshares stock worth more than $809,621 as of December 18th. This net worth estimate does not reflect any other investments that Mr. Torchio may own. Additionally, Mr. Torchio receives an annual salary of $1,310,000.00 as President, CEO & Director at Northwest Bancshares. Learn More about Louis J. Torchio's net worth.
How old is Louis J. Torchio?: Mr. Torchio is currently 61 years old. There are 5 older executives and no younger executives at Northwest Bancshares. Learn More on Louis J. Torchio's age.
What is Louis J. Torchio's salary?: As the President, CEO & Director of Northwest Bancshares, Inc., Mr. Torchio earns $1,310,000.00 per year. Learn More on Louis J. Torchio's salary.
How do I contact Louis J. Torchio?: The corporate mailing address for Mr. Torchio and other Northwest Bancshares executives is 100 LIBERTY STREET, WARREN PA, 16365. Northwest Bancshares can also be reached via phone at (814) 726-2140. Learn More on Louis J. Torchio's contact information.
Has Louis J. Torchio been buying or selling shares of Northwest Bancshares?: Louis J. Torchio has not been actively trading shares of Northwest Bancshares over the course of the past ninety days. Most recently, on Wednesday, August 23rd, Louis J. Torchio bought 1,352 shares of Northwest Bancshares stock. The stock was acquired at an average cost of $11.07 per share, with a total value of $14,966.64. Following the completion of the transaction, the chief executive officer now directly owns 57,298 shares of the company's stock, valued at $634,288.86. Learn More on Louis J. Torchio's trading history.
Who are Northwest Bancshares' active insiders?: Northwest Bancshares' insider roster includes Thomas Creal, IV (EVP), William Harvey (CFO), David Heeter (CEO), Timothy Hunter (Director), John Meegan (Director), Mark Paup (Director), Sonia Probst (Director), Mark Reitzes (EVP), Louis Torchio (President, CEO & Director), David Tullio (Director), and Shawn Walker (CMO). Learn More on Northwest Bancshares' active insiders.
Are insiders buying or selling shares of Northwest Bancshares?: During the last twelve months, Northwest Bancshares insiders bought shares 3 times. They purchased a total of 22,000 shares worth more than $276,830.00. During the last twelve months, insiders at the savings and loans company sold shares 9 times. They sold a total of 26,247 shares worth more than $354,856.26. The most recent insider tranaction occured on July, 26th when COO William W Harvey sold 13,614 shares worth more than $193,046.52. Insiders at Northwest Bancshares own 1.1% of the company. Learn More about insider trades at Northwest Bancshares.
Information on this page was last updated on 7/26/2024.

Louis J. Torchio Insider Trading History at Northwest Bancshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/23/2023	Buy	1,352	$11.07	$14,966.64	57,298
4/26/2023	Buy	4,395	$11.31	$49,707.45	55,946
6/3/2022	Sell	440	$12.73	$5,601.20	28,113
5/31/2022	Sell	246	$12.88	$3,168.48	28,553
5/27/2022	Sell	303	$12.81	$3,881.43	28,799
5/19/2022	Sell	126	$12.53	$1,578.78	29,102
6/14/2021	Sell	427	$14.17	$6,050.59	22,118
5/26/2021	Sell	605	$13.82	$8,361.10
5/19/2021	Sell	130	$14.09	$1,831.70	15,900

Louis J. Torchio Buying and Selling Activity at Northwest Bancshares

Northwest Bancshares Company Overview

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit; commercial business and real estate loans; commercial loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by investment accounts, as well as investment management and trust services. The company operates community banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

Today's Range

Now: $14.13

$14.10

$14.64

50 Day Range

MA: $14.11

$12.90

$15.28

2 Week Range

Now: $14.13

$10.45

$15.42

Volume

1,137,237 shs

Average Volume

708,651 shs

Market Capitalization

$1.80 billion

P/E Ratio

18.59

Dividend Yield

5.58%

Beta

0.65

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Louis Torchio Biography and Net Worth

What is Louis J. Torchio's net worth?

How old is Louis J. Torchio?

What is Louis J. Torchio's salary?

How do I contact Louis J. Torchio?

Has Louis J. Torchio been buying or selling shares of Northwest Bancshares?

Who are Northwest Bancshares' active insiders?

Are insiders buying or selling shares of Northwest Bancshares?