Michael Marhenke Biography and Net Worth

Director of First Merchants

Michael C. Marhenke serves as Independent Director of the Company. Mr. Marhenke was President and Chief Executive Officer of Independent Alliance Banks, Inc. (“iAB”) for twelve years until iAB was acquired by the Company. With approximately 40 years of banking experience, Marhenke served as President and CEO of Grabill Bank starting in 2004, serving as Executive Vice President and Chief Operating Officer of Grabill Bank from 2000 to 2004 and Vice President of Business Development from 1998 to 2004. Previously, Marhenke served as Market President of Norwest Bank in Bluffton, Indiana. Marhenke has also served on the Membership Council of the American Bankers Association (ABA) and is a past member of the Community Bankers Council. He currently serves on the Board of Directors of the City of New Haven Board of Zoning Appeals

What is Michael C. Marhenke's net worth?: The estimated net worth of Michael C. Marhenke is at least $1.29 million as of August 21st, 2018. Mr. Marhenke owns 30,294 shares of First Merchants stock worth more than $1,294,766 as of December 18th. This net worth estimate does not reflect any other assets that Mr. Marhenke may own. Learn More about Michael C. Marhenke's net worth.
How do I contact Michael C. Marhenke?: The corporate mailing address for Mr. Marhenke and other First Merchants executives is 200 EAST JACKSON STREET, MUNCIE IN, 47305. First Merchants can also be reached via phone at (765) 747-1500 and via email at [email protected]. Learn More on Michael C. Marhenke's contact information.
Has Michael C. Marhenke been buying or selling shares of First Merchants?: Michael C. Marhenke has not been actively trading shares of First Merchants over the course of the past ninety days. Learn More on Michael C. Marhenke's trading history.
Who are First Merchants' active insiders?: First Merchants' insider roster includes Michael Becher (Director), Stephan Fluhler (Insider), Mark Hardwick (CEO & Director), Michael Marhenke (Director), and Patrick Sherman (Director). Learn More on First Merchants' active insiders.
Are insiders buying or selling shares of First Merchants?: During the last year, First Merchants insiders bought shares 1 times. They purchased a total of 36 shares worth more than $1,068.12. During the last year, insiders at the bank sold shares 4 times. They sold a total of 44,377 shares worth more than $1,571,526.21. The most recent insider tranaction occured on December, 16th when President Michael J Stewart sold 7,248 shares worth more than $316,955.04. Insiders at First Merchants own 1.3% of the company. Learn More about insider trades at First Merchants.
Information on this page was last updated on 12/16/2024.

Michael C. Marhenke Insider Trading History at First Merchants

Michael C. Marhenke Buying and Selling Activity at First Merchants

First Merchants Company Overview

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Today's Range

Now: $42.94

$42.88

$43.30

50 Day Range

MA: $41.06

$35.75

$44.97

2 Week Range

Now: $42.94

$30.55

$46.13

Volume

84,715 shs

Average Volume

255,466 shs

Market Capitalization

$2.52 billion

P/E Ratio

14.17

Dividend Yield

3.23%

Beta

1.05

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