Frank J. Palermo Jr. net worth and biography

Frank Palermo Jr. Biography and Net Worth

Director of S&T Bancorp

Frank J. Palermo has served as a director of S&T since January 2013. Mr. Palermo serves as Chairperson of the Audit Committee and is a member of the Executive Committee, Nominating & Corporate Governance Committee, and Risk Committee. Mr. Palermo is a Certified Public Accountant and has been the managing shareholder of Palermo/Kissinger & Associates, P.C., an accounting firm, since 1983. Mr. Palermo played an integral role in forming Gateway Bank of Pennsylvania (“Gateway”), where he served as chairman of the audit committee from its inception in 2004 through the date S&T acquired Gateway in 2012. Previously, Mr. Palermo served as a Certified Valuation Analyst as well. Mr. Palermo’s career also includes 43 years in public accounting and five years as a vice president and controller at a community bank. Mr. Palermo’s background in accounting and finance, as well as his prior bank audit committee experience, bring a valuable perspective to the S&T Board both with respect to accounting, financial and strategic aspects of S&T’s business and to the Audit Committee on which he serves as “audit committee financial expert.” Mr. Palermo’s extensive board experience qualifies him to serve on the S&T Board.

What is Frank J. Palermo Jr.'s net worth?: The estimated net worth of Frank J. Palermo Jr. is at least $874,805.40 as of November 13th, 2024. Mr. Palermo Jr. owns 23,143 shares of S&T Bancorp stock worth more than $874,805 as of March 28th. This net worth approximation does not reflect any other assets that Mr. Palermo Jr. may own. Learn More about Frank J. Palermo Jr.'s net worth.
How do I contact Frank J. Palermo Jr.?: The corporate mailing address for Mr. Palermo Jr. and other S&T Bancorp executives is 800 PHILADELPHIA STREET, INDIANA PA, 15701. S&T Bancorp can also be reached via phone at (800) 325-2265 and via email at mark.kochvar@stbank.com. Learn More on Frank J. Palermo Jr.'s contact information.
Has Frank J. Palermo Jr. been buying or selling shares of S&T Bancorp?: Frank J. Palermo Jr. has not been actively trading shares of S&T Bancorp within the last three months. Most recently, Frank J. Palermo, Jr. sold 4,982 shares of the business's stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $43.21, for a transaction totalling $215,272.22. Following the completion of the sale, the director now directly owns 23,143 shares of the company's stock, valued at $1,000,009.03. Learn More on Frank J. Palermo Jr.'s trading history.
Who are S&T Bancorp's active insiders?: S&T Bancorp's insider roster includes Lewis Adkins Jr. (Director), Peter Barsz (Director), James Gibson (Director), Jeffrey Grube (Director), Peter Gurt (Director), William Hieb (Director), Frank Palermo Jr. (Director), and Bhaskar Ramachandran (Director). Learn More on S&T Bancorp's active insiders.
Are insiders buying or selling shares of S&T Bancorp?: During the last twelve months, S&T Bancorp insiders bought shares 3 times. They purchased a total of 924 shares worth more than $36,042.20. During the last twelve months, insiders at the financial services provider sold shares 2 times. They sold a total of 15,982 shares worth more than $556,822.22. The most recent insider tranaction occured on February, 25th when Director Peter G Gurt bought 125 shares worth more than $4,962.50. Insiders at S&T Bancorp own 1.4% of the company. Learn More about insider trades at S&T Bancorp.
Information on this page was last updated on 2/25/2025.

Frank J. Palermo Jr. Insider Trading History at S&T Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
11/13/2024	Sell	4,982	$43.21	$215,272.22	23,143
5/29/2024	Buy	35	$31.22	$1,092.70	3,263

Frank J. Palermo Jr. Buying and Selling Activity at S&T Bancorp

S&T Bancorp Company Overview

S&T Bancorp, Inc. is a bank holding company, which engages in the provision of consumer, commercial, and small business banking services. It operates through the following segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer. The Commercial Real Estate segment includes both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and health care. The Commercial and Industrial segment focuses on the companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory or equipment financing. The Commercial Construction segment refers to the finance construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment is made to small businesses that are standard, non-complex products evaluated through a streamlined credit approval process that has been designed to maximize efficiency while maintaining high credit quality standards. The Consumer Real Estate segment offers first and second liens such as 1-4 family residential mortgages, home equity loans and home equity lines of credit. The Other Consumer segment consists of individuals that may be secured by assets other than 1-4 family residences, as well as unsecured loans. The company was founded on March 17, 1983 and is headquartered in Indiana, PA.

Today's Range

Now: $37.80

$37.48

$38.00

50 Day Range

MA: $38.81

$37.03

$41.22

2 Week Range

Now: $37.80

$28.83

$45.79

Volume

107,562 shs

Average Volume

152,418 shs

Market Capitalization

$1.45 billion

P/E Ratio

11.09

Dividend Yield

3.62%

Beta

0.8