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Michael J. Stewart net worth and biography
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Michael Stewart Biography and Net Worth

President of First Merchants

Mike is President for First Merchants Corporation and First Merchants Bank, headquartered in Muncie, Indiana The Bank also operates First Merchants Private Wealth Advisors. Mike oversees the Commercial, Private Wealth, and Consumer Lines of Business for the Bank.

Mike has a Masters in Business Administration from Butler University and a bachelor’s degree in Finance from Millikin University.

As an active leader in the community, Mike currently serves as a director and past chairman of Bosma Industries, Board of the Indiana State Chamber and board member of the 2nd Presbyterian Foundation. He is also an advisory board member of Oxer Capital Corp. and Centerfield Capital Corp. His past involvement includes service as a director for Westminster Neighborhood Services, Park Tudor Planned Giving, and Junior Achievement of Central Indiana, Inc. Mike also previously served as chairman of the Seton Society (St. Vincent Hospital Foundation Organization) and an alumnus of the Diversity Leadership Group of Greater Indianapolis.

What is Michael J. Stewart's net worth?

The estimated net worth of Michael J. Stewart is at least $3.66 million as of December 16th, 2024. Stewart owns 92,664 shares of First Merchants stock worth more than $3,662,081 as of March 13th. This net worth estimate does not reflect any other investments that Stewart may own. Additionally, Stewart receives an annual salary of $967,650.00 as President at First Merchants. Learn More about Michael J. Stewart's net worth.

How old is Michael J. Stewart?

Stewart is currently 58 years old. There are 7 older executives and no younger executives at First Merchants. The oldest executive at First Merchants is Mr. Michael C. Rechin, Advisor & Director, who is 65 years old. Learn More on Michael J. Stewart's age.

What is Michael J. Stewart's salary?

As the President of First Merchants Co., Stewart earns $967,650.00 per year. The highest earning executive at First Merchants is Mr. Mark K. Hardwick, CEO & Director, who commands a salary of $1,170,000.00 per year. Learn More on Michael J. Stewart's salary.

How do I contact Michael J. Stewart?

The corporate mailing address for Stewart 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 nweaver@firstmerchants.com. Learn More on Michael J. Stewart's contact information.

Has Michael J. Stewart been buying or selling shares of First Merchants?

Michael J. Stewart has not been actively trading shares of First Merchants during the past quarter. Most recently, Michael J. Stewart sold 7,248 shares of the business's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $43.73, for a transaction totalling $316,955.04. Following the completion of the sale, the president now directly owns 92,664 shares of the company's stock, valued at $4,052,196.72. Learn More on Michael J. Stewart's trading history.

Who are First Merchants' active insiders?

First Merchants' insider roster includes Michael Becher (Director), Patrick Fehring (Director), Stephan Fluhler (Insider), Howard Halderman (Director), Mark Hardwick (CEO & Director), Gary Lehman (Director), Michael Marhenke (Director), Michael Rechin (Director), Patrick Sherman (Director), Jason Sondhi (Director), and Michael Stewart (President). 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 2 times. They purchased a total of 40 shares worth more than $1,233.08. During the last year, insiders at the bank sold shares 2 times. They sold a total of 31,184 shares worth more than $1,095,114.40. The most recent insider tranaction occured on December, 30th when Director Howard Halderman bought 4 shares worth more than $164.96. Insiders at First Merchants own 1.4% of the company. Learn More about insider trades at First Merchants.

Information on this page was last updated on 12/30/2024.

Michael J. Stewart Insider Trading History at First Merchants

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Michael J. Stewart Buying and Selling Activity at First Merchants

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

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$200k$0$200kTotal Insider BuyingTotal Insider Selling

First Merchants Company Overview

First Merchants logo
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.
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Today's Range

Now: $39.52
Low: $38.93
High: $39.85

50 Day Range

MA: $41.90
Low: $37.99
High: $45.25

2 Week Range

Now: $39.52
Low: $30.55
High: $46.13

Volume

219,566 shs

Average Volume

240,389 shs

Market Capitalization

$2.31 billion

P/E Ratio

11.56

Dividend Yield

3.39%

Beta

1.05