Last updated: 17 May 2024 at 7:45pm EST

Robert Franko Net Worth




The estimated Net Worth of Robert Franko is at least $1.23 Million dollars as of 16 May 2024. Mr. Franko owns over 3,521 units of First Choice Bancorp stock worth over $247,961 and over the last 5 years he sold FCBP stock worth over $0. In addition, he makes $977,393 as President, Chief Executive Officer, and Director at First Choice Bancorp.

Mr. Franko FCBP stock SEC Form 4 insiders trading

Robert has made over 9 trades of the First Choice Bancorp stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 3,521 units of FCBP stock worth $102,461 on 16 May 2024.

The largest trade he's ever made was exercising 3,521 units of First Choice Bancorp stock on 16 May 2024 worth over $102,461. On average, Robert trades about 469 units every 108 days since 2019. As of 16 May 2024 he still owns at least 8,521 units of First Choice Bancorp stock.

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





Robert Franko biography

Robert M. Franko serves as President, Chief Executive Officer, Director of the Company. Mr. Franko has served as First Choice Bank’s President and Chief Executive Officer (“CEO”) and a Director of First Choice Bank since November 2013 and First Choice since inception in September 2017. Mr. Franko brings a wealth of knowledge and experience to First Choice and First Choice Bank, including becoming in 2003 the founder, President, Chief Executive Officer and a director of Beach Business Bank, Manhattan Beach, California, where he created The Doctors Bank® division to provide banking services to physicians and dentists nationwide. Mr. Franko negotiated the sale of Beach Business Bank to First PacTrust Bancorp in 2012, where he thereafter executed the acquisition of the $700 million Private Bank of California in 2013, and where he managed two banks as Chief Executive Officer, with total assets exceeding $3.5 billion with more than 1,000 employees. Mr. Franko has over 25 years of banking experience and previously held several positions in senior management and on boards of directors of commercial banks including City National Bank, Beverly Hills, California (2002-2003); Senior Vice President, Personal Trust and Investments Division, Generations Trust Bank, N.A., Long Beach, California (1999-2002); President and CEO and Executive Vice President of First National Bank of San Diego, Imperial Bancorp, and other financial institutions. Mr. Franko is a member of the Board of Directors of The Independent BankersBank (“TIB”) in Farmers Branch Texas, which is an upstream correspondent bank for First Choice Bank. TIB has made a $25 million advancing line of credit to First Choice.

What is the salary of Robert Franko?

As the President, Chief Executive Officer, and Director of First Choice Bancorp, the total compensation of Robert Franko at First Choice Bancorp is $977,393. There are no executives at First Choice Bancorp getting paid more.



How old is Robert Franko?

Robert Franko is 72, he's been the President, Chief Executive Officer, and Director of First Choice Bancorp since 2013. There are 2 older and 8 younger executives at First Choice Bancorp. The oldest executive at First Choice Bancorp is Fred Jensen, 82, who is the Independent Director.

What's Robert Franko's mailing address?

Robert's mailing address filed with the SEC is 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES, CA, 90017.

Insiders trading at First Choice Bancorp

Over the last 5 years, insiders at First Choice Bancorp have traded over $409,384 worth of First Choice Bancorp stock and bought 117,782 units worth $2,375,727 . The most active insiders traders include Peter Hui, Lynn M Hopkins, and Pravin Pranav. On average, First Choice Bancorp executives and independent directors trade stock every 9 days with the average trade being worth of $64,457. The most recent stock trade was executed by Pravin Pranav on 27 May 2021, trading 1,498 units of FCBP stock currently worth $48,026.



What does First Choice Bancorp do?

First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of and the registered bank holding company for, First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $2.28 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based financial institution that serves primarily commercial and consumer clients in diverse communities and specializes in loans to small- to medium-sized businesses and private banking clients, commercial and industrial loans, and commercial real estate loans. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. First Choice Bank conducts business through eight full-service branches and two loan production offices located in Los Angeles, Orange and San Diego Counties. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable its customers to grow, maintain strength, and achieve their business objectives. The bank strives to surpass its clients' expectations through its efficiency, personalized services and financial solutions and professionalism and are committed to being 'First in Speed, Service, and Solutions.' First Choice Bank is a strong believer in social justice and equality and is proud of its cultural- and gender-diverse workforce. As of December 31, 2020, more than 74% of the Company's total workforce identified as ethnic minorities and more than 66% of its workforce and more than 50% of its senior management identified as female.



What does First Choice Bancorp's logo look like?

First Choice Bancorp logo

Complete history of Mr. Franko stock trades at RBB Bancorp and First Choice Bancorp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 May 2024 Robert Franko
Director
Option 3,521 $18.71 $65,878
16 May 2024
8,521
6 Nov 2023 Robert Franko
Director
Buy 500 $13.59 $6,795
6 Nov 2023
5,000
24 May 2021 Robert Franko
President and CEO
Buy 364 $32.44 $11,808
24 May 2021
36,106
24 Dec 2020 Robert Franko
President and CEO
Buy 609 $18.31 $11,151
24 Dec 2020
32,291
3 Sep 2020 Robert Franko
President and CEO
Buy 704 $15.59 $10,975
3 Sep 2020
11,131
4 Jun 2020 Robert Franko
President and CEO
Buy 662 $16.33 $10,810
4 Jun 2020
10,958
5 Mar 2020 Robert Franko
President and CEO
Buy 463 $23.10 $10,695
5 Mar 2020
10,787
13 Dec 2019 Robert Franko
President and CEO
Buy 350 $25.36 $8,876
13 Dec 2019
10,671
30 Aug 2019 Robert Franko
President and CEO
Buy 327 $21.52 $7,037
30 Aug 2019
11,008


First Choice Bancorp executives and stock owners

First Choice Bancorp executives and other stock owners filed with the SEC include: