BNCL - Beneficial Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Beneficial Bancorp, Inc.

Beneficial Bank Place
1818 Market Street
Philadelphia, PA 19103
United States
215-864-6000
http://www.thebeneficial.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees778

Key Executives

NameTitlePayExercisedAge
Mr. Gerard P. CuddyCEO, Pres & Director1.39MN/A57
Mr. Thomas D. CestareExec. VP & CFO705.1kN/A48
Ms. Joanne R. RyderEVP & Chief Admin. Officer549.21kN/A42
Ms. Pamela M. Cyr CPAExec. VP & Chief Retail Banking Officer405.15kN/A49
Mr. Martin F. Gallagher Jr.Exec. VP & Chief Lending Officer550.6kN/A60
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Beneficial Bancorp, Inc., a diversified financial services company, provides consumer and commercial banking services to individuals, businesses, and nonprofit organizations in Philadelphia and Southern New Jersey area. The company accepts various deposit products, including non-interest bearing demand deposits, such as individual checking accounts; interest-bearing demand accounts comprising NOW, municipal, and money market accounts; savings accounts; certificates of deposit; and commercial checking accounts, as well as checking accounts primarily for small businesses. It also provides cash management services that include remote deposit, lockbox service, and sweep accounts; and certificate of deposit account registry service and brokered certificates of deposit. In addition, the company offers a portfolio of commercial loans and leases, which comprises business loans, small business leases, commercial real estate loans, and commercial construction loans; residential loans, including one- to four-family residential real estate loans; and consumer loans, such as home equity loans and lines of credit, and automobile loans, as well as personal loans comprising recreational vehicles, manufactured housing and marine loans, and educational loans. Further, it provides insurance brokerage and investment advisory services; and wealth management services, as well as investment and insurance related products that include fixed- and variable-rate annuities, and mutual funds and securities through a third party broker dealer. Additionally, the company holds various securities and other investments; and holds and manages other real estate owned properties. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania.

Corporate Governance

Beneficial Bancorp, Inc.’s ISS Governance QualityScore as of October 15, 2017 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.