The estimated Net Worth of Kim R Bingham is at least $5.57 Million dollars as of 25 July 2024. Mr. Bingham owns over 6,000 units of Cathay General Bancorp stock worth over $1,881,755 and over the last 20 years he sold CATY stock worth over $2,879,288. In addition, he makes $813,885 as Executive Vice President and Chief Risk Officer of the Bank at Cathay General Bancorp.
Kim has made over 42 trades of the Cathay General Bancorp stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 6,000 units of CATY stock worth $269,340 on 25 July 2024.
The largest trade he's ever made was exercising 35,000 units of Cathay General Bancorp stock on 5 June 2015 worth over $817,950. On average, Kim trades about 2,980 units every 40 days since 2004. As of 25 July 2024 he still owns at least 45,530 units of Cathay General Bancorp stock.
You can see the complete history of Mr. Bingham stock trades at the bottom of the page.
Kim R. Bingham serves as Executive Vice President, Chief Risk Officer of the Bank of the Company. Mr. Bingham has been an Executive Vice President of Cathay Bank since 2004 and Chief Risk Officer of Cathay Bank since 2014. Mr. Bingham joined Cathay Bank in 2004 as Chief Credit Officer and served in that capacity until December 2013. Prior to joining Cathay Bank, Mr. Bingham managed Private Banking for Mellon Bank in the Western United States and prior to this position, Mr. Bingham served in a series of increasingly responsible staff and management positions in lending and credit for City National Bank. Mr. Bingham has more than 30 years of banking experience.
As the Executive Vice President and Chief Risk Officer of the Bank of Cathay General Bancorp, the total compensation of Kim Bingham at Cathay General Bancorp is $813,885. There are 7 executives at Cathay General Bancorp getting paid more, with Dunson Cheng having the highest compensation of $3,015,020.
Kim Bingham is 63, he's been the Executive Vice President and Chief Risk Officer of the Bank of Cathay General Bancorp since 2014. There are 14 older and 3 younger executives at Cathay General Bancorp. The oldest executive at Cathay General Bancorp is Michael Chang, 82, who is the Independent Director of the Company and the Bank.
Over the last 21 years, insiders at Cathay General Bancorp have traded over $73,158,002 worth of Cathay General Bancorp stock and bought 1,502,019 units worth $17,795,563 . The most active insiders traders include Anthony M Tang, Dunson K Cheng, and Peter Wu. On average, Cathay General Bancorp executives and independent directors trade stock every 20 days with the average trade being worth of $1,076,316. The most recent stock trade was executed by Dunson K Cheng on 26 August 2024, trading 12,401 units of CATY stock currently worth $555,441.
in 1962, cathay bank opened for business with the mission of providing financial services to the growing but underserved chinese-american community in the greater los angeles area, thus becoming the first chinese-american bank in southern california. recognizing that the community it served was part of a more diverse one, cathay bank adopted the motto "an open door for all." its rapid expansion was fueled by successive waves of immigration, burgeoning trade between america and asia, and the economic development of the surrounding community. today, cathay bank is a subsidiary of cathay general bancorp (nasdaq: caty), a publicly held bank holding company. its service network extends from the west coast to new york and massachusetts on the eastern seaboard, north to the state of washington, and south to texas. overseas, it has a presence in the three important commercial centers in the asian-pacific rim—hong kong, taipei, and shanghai. cathay bank, with years of history and experience,
Cathay General Bancorp executives and other stock owners filed with the SEC include: