The estimated Net Worth of Michael J. Dunlap is at least $1.21 Milion dollars as of 4 May 2023. Mr. Dunlap owns over 4,000 units of Merchants Bancorp stock worth over $63,525 and over the last 7 years he sold MBIN stock worth over $99,221. In addition, he makes $1,043,510 as President and Chief Operating Officer of the Company and Chief Executive Officer of Merchants Bank at Merchants Bancorp.
Michael has made over 5 trades of the Merchants Bancorp stock since 2017, according to the Form 4 filled with the SEC. Most recently he bought 4,000 units of MBIN stock worth $81,560 on 4 May 2023.
The largest trade he's ever made was buying 4,000 units of Merchants Bancorp stock on 4 May 2023 worth over $81,560. On average, Michael trades about 562 units every 101 days since 2017. As of 4 May 2023 he still owns at least 1,500 units of Merchants Bancorp stock.
You can see the complete history of Mr. Dunlap stock trades at the bottom of the page.
Michael J. Dunlap serves as President and Chief Operating Officer of the Company and Chief Executive Officer of Merchants Bank of the Company. Mr. Dunlap has served as a Director of the Company since May 2014. Mr. Dunlap became President and Chief Operating Officer of the Company in January 2018 and became Chief Executive Officer of Merchants Bank in January 2020. Prior to becoming Chief Executive Officer of Merchants Bank, Mr. Dunlap had been President and Co-Chief Operating Officer of Merchants Bank since May 2014. Mr. Dunlap has over 25 years of mortgage banking experience and joined Merchants Bank as Senior Vice President of Mortgage Banking in August 2009. Mr. Dunlap has been primarily responsible for establishing our warehouse lending platform and Merchants Mortgage, a division of Merchants Bank focused on single-family mortgage origination and servicing. Prior to joining Merchants, Mr. Dunlap served as Chief Financial Officer of National City Mortgage, which was acquired by The PNC Financial Services Group, Inc. and prior to that held similar finance positions at Bank One, which was acquired JPMorgan Chase & Co., and Waterfield Mortgage Co., which was acquired by Huntington Bancshares, Inc. Mr. Dunlap is a graduate of Indiana University with a degree in accounting and is a former licensed Certified Public Accountant.
As the President and Chief Operating Officer of the Company and Chief Executive Officer of Merchants Bank of Merchants Bancorp, the total compensation of Michael Dunlap at Merchants Bancorp is $1,043,510. There are 2 executives at Merchants Bancorp getting paid more, with Michael R. Dury M.B.A. having the highest compensation of $4,316,840.
Michael Dunlap is 54, he's been the President and Chief Operating Officer of the Company and Chief Executive Officer of Merchants Bank of Merchants Bancorp since 2020. There are 16 older and 6 younger executives at Merchants Bancorp. The oldest executive at Merchants Bancorp is Randall Rogers, 74, who is the Vice Chairman of the Board.
Michael's mailing address filed with the SEC is Monon Boulevard, Newark Village, Carmel, Hamilton County, Indiana, 46032-1361, United States.
Over the last 7 years, insiders at Merchants Bancorp have traded over $27,386,690 worth of Merchants Bancorp stock and bought 562,251 units worth $13,281,814 . The most active insiders traders include Randall D. Rogers, Patrick D. O'brien a Andrew Juster. On average, Merchants Bancorp executives and independent directors trade stock every 35 days with the average trade being worth of $772,760. The most recent stock trade was executed by Michael F. Petrie on 27 August 2024, trading 22,050 units of MBIN stock currently worth $999,747.
merchants bank of indiana focuses on several aspects of mortgage and agricultural lending and retail banking services from four central indiana locations. merchants has $3 billion in assets and 200+ employees. merchants bank of indiana owns pr mortgage & investments, a leading multi-family housing mortgage company in the midwest united states. merchants bank of indiana has been selected as one of the best places to work in indiana for 2016 and 2017. merchants was also recognized by snl financial (an offering of s&p; global intelligence) as one of the top performing community banks nationally with assets between $1 billion and $10 billion. merchants was listed as #25 in the nation, the highest rated indiana bank on the list. the indianapolis business journal (ibj) banking and finance edition in may 2017 listed merchants as the 12th largest indianapolis area bank. in july 2017, the ibj listed merchants bank of indiana as one of the fastest growing companies in the indianapolis area. merc
Merchants Bancorp executives and other stock owners filed with the SEC include: