Gary Penrose

Managing Director

Gary Penrose joined Performance Trust Investment Banking Group in 2015. Gary bringing over 30 years of community bank investment banking experience to Performance Trust advising various community financial institutions on mergers & acquisitions, capital planning and placement, and strategic issues.

Prior to joining Performance Trust, Gary headed Davenport & Company’s Financial Institutions Group. Prior to joining Davenport, Gary was Head of the Financial Institutions Investment Banking at Ryan Beck (now Stifel Nicolaus) and Managing Director of Scott & Stringfellow’s (now BB&T Capital Markets) Financial Institutions Group. Gary started his banking career at Bank of Virginia (Signet Bank) in Richmond Virginia where he was a member of Mergers & Acquisitions/Planning Department.

Gary received his MBA from the College of William & Mary and his Bachelor of Science degree from Eastern Michigan University. Gary is a frequent speaker to various banking groups, banking trade associations, and bank regulatory agencies across the country and former instructor for SNL Financial’s Fundamentals of Bank Valuation.