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Dennis W. Archer, Jr. net worth and biography

Dennis Archer, Jr. Biography and Net Worth

Director of Independent Bank

Dennis W. Archer Jr. serves as Director of the Company. Mr. Archer is the CEO of Ignition Media Group, a leading integrated marketing agency, and President and founding partner of Archer Corporate Services, one of the nation’s leading marketing fulfillment service firms. Mr. Archer’s hospitality holding company, Congress Hospitality, is creator and managing partner of Central Kitchen + Bar, one of Detroit’s top restaurants. In addition to the aforementioned entrepreneurial endeavors, Mr. Archer is also a real estate developer who is dedicated to giving back to Detroit and the surrounding areas. He has participated in several high-profile projects. His civic and philanthropic involvement includes Chair Emeritus of the Detroit Regional Chamber of Commerce Board of Directors where he sits on the executive committee. Mr. Archer also sits on the boards of the Jalen Rose Leadership Academy, Dennis W, Archer Foundation and Citizen Detroit. Corporately, Mr. Archer serves on the General Motors Supplier Council. Mr. Archer received both his undergraduate and law degrees from the University of Michigan.

What is Dennis W. Archer, Jr.'s net worth?: The estimated net worth of Dennis W. Archer, Jr. is at least $327,250.00 as of March 13th, 2023. Mr. Archer, Jr. owns 8,500 shares of Independent Bank stock worth more than $327,250 as of November 23rd. This net worth evaluation does not reflect any other assets that Mr. Archer, Jr. may own. Learn More about Dennis W. Archer, Jr.'s net worth.
How do I contact Dennis W. Archer, Jr.?: The corporate mailing address for Mr. Archer, Jr. and other Independent Bank executives is 4200 E BELTLINE, GRAND RAPIDS MI, 49525. Independent Bank can also be reached via phone at (616) 527-5820 and via email at [email protected]. Learn More on Dennis W. Archer, Jr.'s contact information.
Has Dennis W. Archer, Jr. been buying or selling shares of Independent Bank?: Dennis W. Archer, Jr. has not been actively trading shares of Independent Bank during the last quarter. Most recently, on Thursday, May 4th, Dennis W. Archer, Jr. bought 1,000 shares of Independent Bank stock. The stock was acquired at an average cost of $15.58 per share, with a total value of $15,580.00. Following the completion of the transaction, the director now directly owns 11,000 shares of the company's stock, valued at $171,380. Learn More on Dennis W. Archer, Jr.'s trading history.
Who are Independent Bank's active insiders?: Independent Bank's insider roster includes Dennis Archer, Jr. (Director), Stefanie Kimball (EVP), Ronia Kruse (Director), Michael Magee, Jr. (Director), and James Twarozynski (SVP). Learn More on Independent Bank's active insiders.
Are insiders buying or selling shares of Independent Bank?: In the last twelve months, Independent Bank insiders bought shares 1 times. They purchased a total of 800 shares worth more than $29,368.00. In the last twelve months, insiders at the financial services provider sold shares 5 times. They sold a total of 8,000 shares worth more than $214,571.00. The most recent insider tranaction occured on November, 20th when EVP Gavin A Mohr bought 800 shares worth more than $29,368.00. Insiders at Independent Bank own 5.5% of the company. Learn More about insider trades at Independent Bank.
Information on this page was last updated on 11/20/2024.

Dennis W. Archer, Jr. Insider Trading History at Independent Bank

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/4/2023	Buy	1,000	$15.58	$15,580.00	11,000
3/13/2023	Buy	1,500	$19.16	$28,740.00	8,500
4/28/2022	Buy	2,000	$20.16	$40,320.00	5,000
8/2/2021	Buy	1,000	$20.69	$20,690.00
2/24/2021	Buy	1,000	$21.38	$21,380.00	2,000

Dennis W. Archer, Jr. Buying and Selling Activity at Independent Bank

Independent Bank Company Overview

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services. In addition, it operates through branches, drive-thru facilities, and loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Today's Range

Now: $38.50

$37.97

$38.70

50 Day Range

MA: $34.34

$31.36

$38.99

2 Week Range

Now: $38.50

$20.50

$39.52

Volume

61,278 shs

Average Volume

98,349 shs

Market Capitalization

$804.27 million

P/E Ratio

13.10

Dividend Yield

2.55%

Beta

0.99