Thomas Cestare - Beneficial Bancorp CFO
CFO
Mr. Thomas David Cestare is Chief Financial Officer, Executive Vice President of the Company and Bank. Before joining Beneficial Bancorp and Beneficial Bank, Mr. Cestare served as Executive Vice President and Chief Accounting Officer of Sovereign Bancorp since 2010.
| Age | 48 |
| Tenure | 14 years |
| Phone | 215 864-6000 |
| Web | www.thebeneficial.com |
Beneficial Bancorp Management Efficiency
The company has return on total asset (ROA) of 0.36 % which means that it generated a profit of $0.36 on every $100 spent on assets. This is way below average. Beneficial Bancorp's management efficiency ratios could be used to measure how well Beneficial Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 515 M in liabilities with Debt to Equity (D/E) ratio of 3.33, implying the company greatly relies on financing operations through barrowing. Debt can assist Beneficial Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Beneficial Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Beneficial Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Beneficial to invest in growth at high rates of return. When we think about Beneficial Bancorp's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 5 records | CFO Age | ||
| Gerald Laderman | United Airlines Holdings | 66 | |
| James McDonald | Rocky Brands | 53 | |
| Thomas Robertson | Rocky Brands | N/A | |
| Mike Staude | Rocky Brands | 60 | |
| Michael CFA | United Airlines Holdings | 44 | |
Management Performance
| Return On Equity | 2.0E-4 | |||
| Return On Asset | 0.36 |
Beneficial Bancorp Leadership Team
Elected by the shareholders, the Beneficial Bancorp's board of directors comprises two types of representatives: Beneficial Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Beneficial. The board's role is to monitor Beneficial Bancorp's management team and ensure that shareholders' interests are well served. Beneficial Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Beneficial Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Donahue, Director of Company,Trustee of Bank | ||
| Martin Gallagher, Executive VP and Chief Lending Officer of Beneficial Bank | ||
| Bill Kline, IR Contact Officer | ||
| Thomas Lewis, Independent Director | ||
| Frank Farnesi, Independent Chairman of the Board | ||
| Elizabeth Gemmill, Lead Independent Director | ||
| Donald Gayhardt, Independent Director | ||
| Thomas Cestare, CFO, Principal Accounting Officer, Executive VP, CFO of Beneficial Bank, Principal Accounting Officer of Beneficial Bank and Executive VP of Beneficial Bank | ||
| Pamela Cyr, Executive Vice President Chief Retail Banking Officer | ||
| Joseph Canosa, Executive Vice President and Chief Credit Officer of Beneficial Bank | ||
| Edward Boehne, Independent Director | ||
| Roy Yates, Independent Director | ||
| Karen Buchholz, Independent Director | ||
| Gerard Cuddy, CEO and President Director, CEO of Beneficial Bank and President of Beneficial Bank and Trustee of Beneficial Bank | ||
| Robert Maines, Executive VP, Director of Operations, Executive VP of Beneficial Bank and Director of Operations of Beneficial Bank | ||
| Joanne Ryder, Executive VP, Director of Brand and Strategy, Executive VP of Beneficial Bank and Director of Brand and Strategy of Beneficial Bank |
Beneficial Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Beneficial Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 2.0E-4 | |||
| Return On Asset | 0.36 | |||
| Profit Margin | 0.0009 % | |||
| Operating Margin | 34.21 % | |||
| Current Valuation | 811.8 M | |||
| Shares Outstanding | 72.32 M | |||
| Shares Owned By Insiders | 9.39 % | |||
| Shares Owned By Institutions | 70.97 % | |||
| Number Of Shares Shorted | 997.92 K | |||
| Price To Earning | 24.80 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Beneficial Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Beneficial Bancorp's short interest history, or implied volatility extrapolated from Beneficial Bancorp options trading.
Pair Trading with Beneficial Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beneficial Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beneficial Bancorp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CH Robinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CH Robinson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CH Robinson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CH Robinson Worldwide to buy it.
The correlation of CH Robinson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CH Robinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CH Robinson Worldwide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CH Robinson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Beneficial Bancorp information on this page should be used as a complementary analysis to other Beneficial Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Beneficial Stock
If you are still planning to invest in Beneficial Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Beneficial Bancorp's history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |