Michael J.  Dunlap net worth and biography

Michael Dunlap Biography and Net Worth

Michael (Mike) Dunlap serves as Chairman of Merchants Capital Corp, President and CEO of Merchants Bank of Indiana, and President and COO of Merchants Bancorp. He joined Merchants Bank as Senior Vice President of Mortgage Banking in 2009. Mike became a member of the Board of Directors in 2014. He was primarily responsible for establishing the warehouse lending platform and Merchants Mortgage. He has over 25 years of mortgage banking experience. Prior to joining the Bank, he served as the Chief Financial Officer of National City Mortgage, now a part of PNC. Mike held similar finance positions at Bank One, now JPMorgan Chase and Waterfield Mortgage. He started his career as a Certified Public Accountant with KPMG after graduating with a Bachelor of Science degree from Indiana University Kelley School of Business.

What is Michael J. Dunlap's net worth?

The estimated net worth of Michael J. Dunlap is at least $6.04 million as of May 4th, 2023. Mr. Dunlap owns 163,215 shares of Merchants Bancorp stock worth more than $6,038,955 as of December 10th. This net worth approximation does not reflect any other investments that Mr. Dunlap may own. Additionally, Mr. Dunlap receives a salary of $1,150,000.00 as COO at Merchants Bancorp. Learn More about Michael J. Dunlap's net worth.

How old is Michael J. Dunlap?

Mr. Dunlap is currently 57 years old. There are 6 older executives and no younger executives at Merchants Bancorp. The oldest executive at Merchants Bancorp is Mr. Michael F. Petrie CMB, Co-founder, Chairman & CEO, who is 69 years old. Learn More on Michael J. Dunlap's age.

What is Michael J. Dunlap's salary?

As the COO of Merchants Bancorp, Mr. Dunlap earns $1,150,000.00 per year. The highest earning executive at Merchants Bancorp is Mr. Michael R. Dury M.B.A., President & CEO of Merchants Capital Corp, who commands a salary of $8,690,000.00 per year. Learn More on Michael J. Dunlap's salary.

How do I contact Michael J. Dunlap?

The corporate mailing address for Mr. Dunlap and other Merchants Bancorp executives is 410 MONON BLVD, CARMEL IN, 46032. Merchants Bancorp can also be reached via phone at (317) 569-7420 and via email at [email protected]. Learn More on Michael J. Dunlap's contact information.

Has Michael J. Dunlap been buying or selling shares of Merchants Bancorp?

Michael J. Dunlap has not been actively trading shares of Merchants Bancorp in the last ninety days. Most recently, on Thursday, May 4th, Michael J. Dunlap bought 4,000 shares of Merchants Bancorp stock. The stock was acquired at an average cost of $20.39 per share, with a total value of $81,560.00. Following the completion of the transaction, the chief operating officer now directly owns 163,215 shares of the company's stock, valued at $3,327,953.85. Learn More on Michael J. Dunlap's trading history.

Who are Merchants Bancorp's active insiders?

Merchants Bancorp's insider roster includes Michael Dunlap (COO), Randall Rogers (Vice Chairman), and David Shane (Director). Learn More on Merchants Bancorp's active insiders.

Are insiders buying or selling shares of Merchants Bancorp?

In the last year, Merchants Bancorp insiders bought shares 9 times. They purchased a total of 29,569 shares worth more than $593,436.95. In the last year, insiders at the sold shares 6 times. They sold a total of 34,835 shares worth more than $951,061.45. The most recent insider tranaction occured on November, 6th when Vice Chairman Randall D Rogers sold 21,157 shares worth more than $671,734.75. Insiders at Merchants Bancorp own 40.8% of the company. Learn More about insider trades at Merchants Bancorp.

Information on this page was last updated on 11/6/2023.

Michael J. Dunlap Insider Trading History at Merchants Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/4/2023Buy4,000$20.39$81,560.00163,215View SEC Filing Icon  
11/16/2021Sell1,200$28.00$33,600.00View SEC Filing Icon  
10/27/2017Buy1,500$16.00$24,000.00View SEC Filing Icon  
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Michael J. Dunlap Buying and Selling Activity at Merchants Bancorp

This chart shows Michael J Dunlap's buying and selling at Merchants Bancorp by year and by quarter.

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Merchants Bancorp Company Overview

Merchants Bancorp logo
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities; offers customized loan products for need-based skilled nursing facilities, independent living, assisted living, and memory care; and tax credit equity syndicator. Its Mortgage Warehousing segment funds agency eligible residential loans including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
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Today's Range

Now: $37.00
Low: $36.25
High: $37.14

50 Day Range

MA: $30.62
Low: $26.38
High: $37.00

2 Week Range

Now: $37.00
Low: $21.50
High: $37.13


147,305 shs

Average Volume

153,789 shs

Market Capitalization

$1.60 billion

P/E Ratio


Dividend Yield