Last updated: 3 May 2024 at 1:12pm EST

Louis Torchio Net Worth




The estimated Net Worth of Louis J Torchio is at least $1.74 Millón dollars as of 2 May 2024. Mr. Torchio owns over 2,295 units of Northwest Bancshares Inc stock worth over $1,167,749 and over the last 7 years he sold NWBI stock worth over $30,473. In addition, he makes $539,568 as Senior Executive Vice President - Retail Lending at Northwest Bancshares Inc.

Mr. Torchio NWBI stock SEC Form 4 insiders trading

Louis has made over 10 trades of the Northwest Bancshares Inc stock since 2021, according to the Form 4 filled with the SEC. Most recently he bought 2,295 units of NWBI stock worth $24,947 on 2 May 2024.

The largest trade he's ever made was buying 4,395 units of Northwest Bancshares Inc stock on 26 April 2023 worth over $49,751. On average, Louis trades about 688 units every 72 days since 2018. As of 2 May 2024 he still owns at least 89,620 units of Northwest Bancshares Inc stock.

You can see the complete history of Mr. Torchio stock trades at the bottom of the page.





Louis Torchio biography

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 the salary of Louis Torchio?

As the Senior Executive Vice President - Retail Lending of Northwest Bancshares Inc, the total compensation of Louis Torchio at Northwest Bancshares Inc is $539,568. There are 4 executives at Northwest Bancshares Inc getting paid more, with Ronald J. Seiffert having the highest compensation of $1,300,136.



How old is Louis Torchio?

Louis Torchio is 57, he's been the Senior Executive Vice President - Retail Lending of Northwest Bancshares Inc since 2020. There are 10 older and 6 younger executives at Northwest Bancshares Inc. The oldest executive at Northwest Bancshares Inc is William McKnight, 68, who is the Independent Director.

What's Louis Torchio's mailing address?

Louis's mailing address filed with the SEC is 3 EASTON OVAL, SUITE 500, COLUMBUS, OH, 43219.

Insiders trading at Northwest Bancshares Inc

Over the last 15 years, insiders at Northwest Bancshares Inc have traded over $17,166,538 worth of Northwest Bancshares Inc stock and bought 307,681 units worth $3,846,585 . The most active insiders traders include William J Wagner, William W Harvey y Steven G Fisher. On average, Northwest Bancshares Inc executives and independent directors trade stock every 20 days with the average trade being worth of $123,889. The most recent stock trade was executed by William W Harvey on 26 July 2024, trading 13,614 units of NWBI stock currently worth $165,002.



What does Northwest Bancshares Inc do?

if you’re looking for a customer-centric, community-oriented bank, look to northwest. we’re a bank that knows how important our people are, and it shows in everything we do. from the teller who greets you at the drive-up window to the personal banker who helps you with your first home loan, we go out of our way to put our customers first. we operate across pennsylvania, new york, and ohio - if you’re ever in our area, stop by one of our locations and speak with our friendly staff. founded in 1896, we’ve been around 120 years. that type of longevity proves that we’re a trusted institution with a history of award-winning customer service. we offer products and services to fit your diverse banking needs. from checking and savings accounts to business loans and retirement accounts, we think you’ll like what we have to offer. we’re a subsidiary of northwest bancshares, inc. find us on the nasdaq global select market under the symbol nwbi.



What does Northwest Bancshares Inc's logo look like?

Northwest Bancshares Inc logo

Complete history of Mr. Torchio stock trades at Northwest Bancshares Inc

Fecha
#
Empresa
Persona
Trans.
Transacción
Acciones Precio por acción Precio total Acciones después de Fuente
2 May 2024 Louis J Torchio
Presidente y CEO
Comprar 2,295 $10.87 $24,947
2 May 2024
89,620
23 Aug 2023 Louis J Torchio
Presidente y CEO
Comprar 1,352 $11.07 $14,967
23 Aug 2023
57,298
26 Apr 2023 Louis J Torchio
Presidente y CEO
Comprar 4,395 $11.32 $49,751
26 Apr 2023
55,946
3 Jun 2022 Louis J Torchio
Presidente y CEO
Venta 440 $12.73 $5,601
3 Jun 2022
28,113
31 May 2022 Louis J Torchio
Presidente y CEO
Venta 246 $12.88 $3,168
31 May 2022
28,553
27 May 2022 Louis J Torchio
Presidente y CEO
Venta 303 $12.81 $3,881
27 May 2022
28,799
18 May 2022 Louis J Torchio
Presidente y CEO
Venta 126 $12.53 $1,579
18 May 2022
29,102
14 Jun 2021 Louis J Torchio
Presidente y CEO
Venta 427 $14.17 $6,051
14 Jun 2021
22,118
25 May 2021 Louis J Torchio
Presidente y CEO
Venta 605 $13.82 $8,361
25 May 2021
22,545
19 May 2021 Louis J Torchio
Presidente y CEO
Venta 130 $14.09 $1,832
19 May 2021
15,900


Northwest Bancshares Inc executives and stock owners

Northwest Bancshares Inc executives and other stock owners filed with the SEC include: