John W.  Cummings net worth and biography

John Cummings Biography and Net Worth

John W. Cummings serves as Managing Director and Chief Administrative Officer* of Texas Capital Bank. He is responsible for implementing procedures to streamline efficiencies that propel the Bank’s established strategy forward in an effective manner. Cummings also leads the Operations, Corporate Real Estate, Corporate Security, Community Development, Corporate Communications and Marketing departments, as well as consumer production lines of business including Private Wealth and Consumer Banking.

Cummings joined Texas Capital Bank in January 2022 with nearly 40 years of management and leadership experience in the financial services industry. Prior, he spent nine years at Citigroup Inc., serving most recently as head of its Wealth Advisory business, working with high-net-worth banking consumers across the United States. He also served as Chief Operating Officer and Head of U.S. Investment Products for Citigroup Personal Wealth Management.

Before Citigroup, Cummings was with Merrill Lynch & Co. for 27 years, where he began his career in the mailroom before serving as an entry-level branch trainee and then advanced through assignments within Finance, Global Corporate Services, Technology & Operations, Sales and Business Management before his election as a member of the Global Executive Management Committee. Cummings led the build-out of a globally resilient business and trading network at Merrill Lynch and was a key business leader in the creation of its Digital Investment business. In his last role with Merrill Lynch & Co., he served as Head of the Retirement, Trust Company, Clearing and Digital Investments businesses. 

Cummings has served on the Board of Directors of the Depository Trust Company (DTCC), Level 8, and on the Advisory Board for Columbia University Master of Science in Technology Management program. He earned a Bachelor of Arts degree in economics from Fairfield University and is FINRA Series 7 and 24 certified. 

What is John W. Cummings' net worth?

The estimated net worth of John W. Cummings is at least $178,336.71 as of May 11th, 2023. Mr. Cummings owns 2,323 shares of Texas Capital Bancshares stock worth more than $178,337 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Cummings may own. Additionally, Mr. Cummings receives a salary of $905,600.00 as Insider at Texas Capital Bancshares. Learn More about John W. Cummings' net worth.

How old is John W. Cummings?

Mr. Cummings is currently 63 years old. There are 6 older executives and no younger executives at Texas Capital Bancshares. The oldest executive at Texas Capital Bancshares is Mr. Timothy J. Storms, MD & Chief Risk Officer, who is 65 years old. Learn More on John W. Cummings' age.

What is John W. Cummings' salary?

As the Insider of Texas Capital Bancshares, Inc., Mr. Cummings earns $905,600.00 per year. The highest earning executive at Texas Capital Bancshares is Mr. Robert C. Holmes, President, CEO & Director, who commands a salary of $2,620,000.00 per year. Learn More on John W. Cummings' salary.

How do I contact John W. Cummings?

The corporate mailing address for Mr. Cummings and other Texas Capital Bancshares executives is 2000 MCKINNEY AVE SUITE 700, DALLAS TX, 75201. Texas Capital Bancshares can also be reached via phone at (214) 932-6600 and via email at [email protected]. Learn More on John W. Cummings' contact information.

Has John W. Cummings been buying or selling shares of Texas Capital Bancshares?

John W. Cummings has not been actively trading shares of Texas Capital Bancshares during the last ninety days. Most recently, on Thursday, May 11th, John W. Cummings bought 1,110 shares of Texas Capital Bancshares stock. The stock was acquired at an average cost of $44.57 per share, with a total value of $49,472.70. Following the completion of the transaction, the insider now directly owns 2,323 shares of the company's stock, valued at $103,536.11. Learn More on John W. Cummings' trading history.

Who are Texas Capital Bancshares' active insiders?

Texas Capital Bancshares' insider roster includes Julie Anderson (CFO), Paola Arbour (Director), Jonathan Baliff (Director), James Browning (Director), John Cummings (Insider), John Cummings (Insider), Larry Helm (Director), Rob Holmes (President, CEO & Director), Thomas Long (Director), Elysia Ragusa (Director), Robert Stallings (Director), and Timothy Storms (Insider). Learn More on Texas Capital Bancshares' active insiders.

Are insiders buying or selling shares of Texas Capital Bancshares?

During the last twelve months, Texas Capital Bancshares insiders bought shares 18 times. They purchased a total of 106,504 shares worth more than $2,207,727.60. The most recent insider tranaction occured on October, 22nd when Director Robert W Stallings bought 20,000 shares worth more than $425,600.00. Insiders at Texas Capital Bancshares own 1.0% of the company. Learn More about insider trades at Texas Capital Bancshares.

Information on this page was last updated on 10/22/2024.

John W. Cummings Insider Trading History at Texas Capital Bancshares

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/11/2023Buy1,110$44.57$49,472.702,323View SEC Filing Icon  
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John W. Cummings Buying and Selling Activity at Texas Capital Bancshares

This chart shows John W Cummings's buying and selling at Texas Capital Bancshares by year and by quarter.

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Texas Capital Bancshares Company Overview

Texas Capital Bancshares logo
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services. It also provides deposit accounts, analyzed accounts, commercial card, SBA and business loans, packaged solutions, and merchant services; liquidity and investments, working capital, international trade and payment, and treasury and credit products; and commercial real estate, homebuilder and community, and mortgage finance. In addition, the company offers payables and receivables management; online and mobile banking; term loans and lines of credit, equipment finance and lease, acquisition finance, and asset-based lending; private wealth advisory solutions; and checking and savings accounts, debit and credit cards, and certificates of deposit, as well as ETF and funds management services. Further, it provides financial institution money market accounts and loan syndication products; commercial loans for financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending services; treasury management, trust, and advisory and escrow services; and letters of credit. The company operates in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.
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Today's Range

Now: $76.77
Low: $75.91
High: $78.24

50 Day Range

MA: $83.10
Low: $75.96
High: $89.68

2 Week Range

Now: $76.77
Low: $54.68
High: $91.80

Volume

1,049,410 shs

Average Volume

430,633 shs

Market Capitalization

$3.55 billion

P/E Ratio

426.50

Dividend Yield

N/A

Beta

1.14