Last updated: 31 July 2024 at 5:27pm EST

Stephen Cortese Net Worth




The estimated Net Worth of Stephen A. Cortese is at least $5.85 Million dollars as of 2 May 2023. Mr. Cortese owns over 3,000 units of California BanCorp stock worth over $5,756,022 and over the last 5 years he sold CALB stock worth over $0. In addition, he makes $93,540 as Chairman of the Board at California BanCorp.

Mr. Cortese CALB stock SEC Form 4 insiders trading

Stephen has made over 7 trades of the California BanCorp stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of CALB stock worth $44,040 on 2 May 2023.

The largest trade he's ever made was buying 10,500 units of California BanCorp stock on 6 August 2020 worth over $138,705. On average, Stephen trades about 768 units every 39 days since 2020. As of 2 May 2023 he still owns at least 229,415 units of California BanCorp stock.

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





Stephen Cortese biography

Stephen A. Cortese serves as Chairman of the Board of the Company. Mr. Cortese has worked in commercial real estate development and management since 1987. He is the general partner of Cortese Real Property, LP, a commercial real estate development and management firm, since 2003. Mr. Cortese has significant experience in real estate management, investment and construction, particularly in the greater San Francisco Bay Area, enabling him to bring valuable insights regarding these matters to our Board.

What is the salary of Stephen Cortese?

As the Chairman of the Board of California BanCorp, the total compensation of Stephen Cortese at California BanCorp is $93,540. There are 7 executives at California BanCorp getting paid more, with Steven Shelton having the highest compensation of $1,093,430.



How old is Stephen Cortese?

Stephen Cortese is 59, he's been the Chairman of the Board of California BanCorp since . There are 6 older and 11 younger executives at California BanCorp. The oldest executive at California BanCorp is John E. Lindstedt, 86, who is the Sr. Exec. VP.

What's Stephen Cortese's mailing address?

Stephen's mailing address filed with the SEC is 1300 CLAY STREET, SUITE 500, , OAKLAND, CA, 94612.

Insiders trading at California BanCorp

Over the last 5 years, insiders at California BanCorp have traded over $694,011 worth of California BanCorp stock and bought 30,204 units worth $413,063 . The most active insiders traders include Stephen A. Cortese, Wayne S. Doiguchi, and Scott Alexander Myers. On average, California BanCorp executives and independent directors trade stock every 35 days with the average trade being worth of $51,635. The most recent stock trade was executed by Scott Alexander Myers on 1 February 2024, trading 2,564 units of CALB stock currently worth $63,280.



What does California BanCorp do?

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services in California. It accepts various deposit products, including commercial checking, savings, and money market accounts, as well as certificates of deposit. The company also offers asset-based lending loans; standby letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, including SBA 7(a) and SBA 504 loans; consumer loans, such as secured and unsecured installment loans, and revolving lines of credit; and commercial and industrial loans, including term loans, working capital, accounts receivable and inventory financing, and other business loans to the dental and veterinary industries, contractors, and emerging companies. In addition, it provides foreign exchange, treasury and cash management, and online and mobile banking services. The company has a full-service branch in California located in Contra Costa County, California; and 4 loan production offices in Alameda, Contra Costa, Sacramento, and Santa Clara. California BanCorp was incorporated in 2007 and is headquartered in Oakland, California.



What does California BanCorp's logo look like?

California BanCorp logo

Complete history of Mr. Cortese stock trades at California BanCorp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
2 May 2023 Stephen A. Cortese
Buy 3,000 $14.68 $44,040
2 May 2023
229,415
11 Sep 2020 Stephen A. Cortese
Option 2,520 $6.00 $15,120
11 Sep 2020
214,062
26 Aug 2020 Stephen A. Cortese
Buy 169 $13.39 $2,263
26 Aug 2020
211,542
24 Aug 2020 Stephen A. Cortese
Buy 388 $13.29 $5,157
24 Aug 2020
211,373
21 Aug 2020 Stephen A. Cortese
Buy 4,112 $13.24 $54,443
21 Aug 2020
210,985
6 Aug 2020 Stephen A. Cortese
Buy 10,500 $13.21 $138,705
6 Aug 2020
206,873
15 Jun 2020 Stephen A. Cortese
Buy 35 $14.60 $511
15 Jun 2020
35


California BanCorp executives and stock owners

California BanCorp executives and other stock owners filed with the SEC include: