Michael L.  Scudder net worth and biography

Michael Scudder Biography and Net Worth

Michael L. Scudder CPA serves as Chairman of the Board, Chief Executive Officer of the Company. He also serves as Chairman and Chief Executive Officer of First Midwest Bank. Mr. Scudder served as the Company’s President from 2007 to January 2019, as its Chief Operating Officer from 2007 to 2008 and as its Chief Financial Officer from 2002 to 2007. He previously served as the Group Executive Vice President and Chief Financial Officer of First Midwest Bank from 1995 to 2001. He also has served in various other management capacities in his over thirty years of service to the Company. Mr. Scudder began his professional career at KPMG LLP, an international public accounting firm. Mr. Scudder is a member of the board of directors of the American Bankers Association and the chair of ABA’s CEO Council. He is also an active member of the Mid-Size Bank Coalition of America. Mr. Scudder serves on the board of directors of Silver Cross Hospital, the board of trustees of DePaul University, the executive committee of DePaul University’s Center for Financial Services and the Chicago Metropolitan Planning Council’s Executive Advisory Board. Additionally, he is a member of the Economic Club of Chicago, the Commercial Club of Chicago and the Bankers Club of Chicago. He previously served as an inaugural member of the Federal Reserve Bank of Chicago’s Community Depository Institution Advisory Council. Age: 59 Director Since: 2008.

What is Michael L. Scudder's net worth?

The estimated net worth of Michael L. Scudder is at least $3.76 million as of August 11th, 2023. Mr. Scudder owns 215,796 shares of Old National Bancorp stock worth more than $3,757,008 as of March 29th. This net worth estimate does not reflect any other assets that Mr. Scudder may own. Learn More about Michael L. Scudder's net worth.

How do I contact Michael L. Scudder?

The corporate mailing address for Mr. Scudder and other Old National Bancorp executives is ONE MAIN ST, EVANSVILLE IN, 47708. Old National Bancorp can also be reached via phone at (800) 731-2265 and via email at [email protected]. Learn More on Michael L. Scudder's contact information.

Has Michael L. Scudder been buying or selling shares of Old National Bancorp?

Michael L. Scudder has not been actively trading shares of Old National Bancorp in the last ninety days. Most recently, Michael L. Scudder sold 50,000 shares of the business's stock in a transaction on Friday, August 11th. The shares were sold at an average price of $16.81, for a transaction totalling $840,500.00. Following the completion of the sale, the chairman now directly owns 215,796 shares of the company's stock, valued at $3,627,530.76. Learn More on Michael L. Scudder's trading history.

Who are Old National Bancorp's active insiders?

Old National Bancorp's insider roster includes Brendon Falconer (CFO), Ryan Kitchell (Director), John Moran (EVP), Austin Ramirez (Director), James Ryan, III (CEO), Mark Sander (COO), James Sandgren (COO), and Michael Scudder (Chairman). Learn More on Old National Bancorp's active insiders.

Are insiders buying or selling shares of Old National Bancorp?

During the last twelve months, Old National Bancorp insiders bought shares 4 times. They purchased a total of 23,200 shares worth more than $317,679.00. During the last twelve months, insiders at the bank sold shares 1 times. They sold a total of 50,000 shares worth more than $840,500.00. The most recent insider tranaction occured on August, 11th when Chairman Michael L Scudder sold 50,000 shares worth more than $840,500.00. Insiders at Old National Bancorp own 0.9% of the company. Learn More about insider trades at Old National Bancorp.

Information on this page was last updated on 8/11/2023.

Michael L. Scudder Insider Trading History at Old National Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/11/2023Sell50,000$16.81$840,500.00215,796View SEC Filing Icon  
2/23/2023Sell25,000$18.00$450,000.00265,796View SEC Filing Icon  
2/21/2023Sell9,308$17.75$165,217.00204,297View SEC Filing Icon  
2/16/2023Sell50,000$17.90$895,000.00290,796View SEC Filing Icon  
4/29/2022Buy8,170$15.30$125,001.00302,009View SEC Filing Icon  
See Full Table

Michael L. Scudder Buying and Selling Activity at Old National Bancorp

This chart shows Michael L Scudder's buying and selling at Old National Bancorp by year and by quarter.

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Old National Bancorp Company Overview

Old National Bancorp logo
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. The company was founded in 1834 and is headquartered in Evansville, Indiana.
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Today's Range

Now: $17.41
Low: $17.32
High: $17.51

50 Day Range

MA: $16.53
Low: $15.60
High: $17.41

2 Week Range

Now: $17.41
Low: $11.66
High: $17.64

Volume

2,527,235 shs

Average Volume

1,986,563 shs

Market Capitalization

$5.11 billion

P/E Ratio

8.97

Dividend Yield

3.32%

Beta

0.82