Michael L. Scudder
Net Worth
Last updated:
What is Michael L. Scudder net worth?
The estimated net worth of Mr. Michael L. Scudder is at least $116,276,193 as of 17 Jun 2020. He owns shares worth $297,640 as insider, has earned $3,208,553 from insider trading and has received compensation worth at least $112,770,000 in companies like First Midwest Bancorp, Inc., First Midwest Bancorp, Inc., First Midwest Bancorp, Inc. etc.
What is the salary of Michael L. Scudder?
Mr. Michael L. Scudder salary is $1,790,000 per year as Chairman & Chief Executive Officer in First Midwest Bancorp, Inc.. He also receives $1,790,000 as Chairman & Chief Executive Officer in First Midwest Bancorp, Inc. and salaries from other companies.
How old is Michael L. Scudder?
Mr. Michael L. Scudder is 64 years old, born in 1961.
What stocks does Michael L. Scudder currently own?
As insider, Mr. Michael L. Scudder owns shares in 3 companies:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| First Midwest Bancorp, Inc. (FMBIP) | Chairman & Chief Executive Officer | 4,000 | $26.45 | $105,800 |
| First Midwest Bancorp, Inc. (FMBIO) | Chairman & Chief Executive Officer | 4,000 | $26.45 | $105,800 |
| First Midwest Bancorp, Inc. (FMBI) | Chairman & Chief Executive Officer | 4,000 | $21.51 | $86,040 |
What does First Midwest Bancorp, Inc. do?
First Midwest Bancorp, Inc. operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital needs; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. In addition, the company offers treasury management products and services comprising automated clearing house collection, lockbox, remote deposit capture, and financial electronic data interchange; wire transfer, account reconciliation, controlled disbursement, direct deposit, and positive pay services; information reporting services; corporate credit cards; and liquidity management, fraud prevention, and merchant services. Further, it provides fiduciary and executor, financial planning, investment advisory, employee benefit plan, and private banking services to corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. Additionally, the company offers debit and automated teller machine (ATM), and credit cards; internet and mobile, and telephone banking services; and financial education services. The company operates 115 locations and 184 ATMs in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, eastern Iowa, and other markets in the Midwest. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.
What does First Midwest Bancorp, Inc. do?
First Midwest Bancorp, Inc. operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital needs; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. In addition, the company offers treasury management products and services comprising automated clearing house collection, lockbox, remote deposit capture, and financial electronic data interchange; wire transfer, account reconciliation, controlled disbursement, direct deposit, and positive pay services; information reporting services; corporate credit cards; and liquidity management, fraud prevention, and merchant services. Further, it provides fiduciary and executor, financial planning, investment advisory, employee benefit plan, and private banking services to corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. Additionally, the company offers debit and automated teller machine (ATM), and credit cards; internet and mobile, and telephone banking services; and financial education services. The company operates 115 locations and 184 ATMs in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, eastern Iowa, and other markets in the Midwest. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.
What does First Midwest Bancorp, Inc. do?
First Midwest Bancorp, Inc. operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital needs; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. In addition, the company offers treasury management products and services comprising automated clearing house collection, lockbox, remote deposit capture, and financial electronic data interchange; wire transfer, account reconciliation, controlled disbursement, direct deposit, and positive pay services; information reporting services; corporate credit cards; and liquidity management, fraud prevention, and merchant services. Further, it provides fiduciary and executor, financial planning, investment advisory, employee benefit plan, and private banking services to corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. Additionally, the company offers debit and automated teller machine (ATM), and credit cards; internet and mobile, and telephone banking services; and financial education services. The company operates 115 locations and 184 ATMs in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, eastern Iowa, and other markets in the Midwest. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.
Michael L. Scudder insider trading
First Midwest Bancorp, Inc.
Mr. Michael L. Scudder has made 4 insider trades between 2004-2020, according to the Form 4 filled with the SEC. Most recently he purchased 4,000 units of FMBIP stock worth $100,000 on 17 Jun 2020.
The largest trade he's ever made was exercising 30,000 units of FMBIP stock on 22 Feb 2019. As of 17 Jun 2020 he still owns at least 4,000 units of FMBIP stock.
First Midwest Bancorp, Inc.
Mr. Michael L. Scudder has made 4 insider trades between 2004-2020, according to the Form 4 filled with the SEC. Most recently he purchased 4,000 units of FMBIO stock worth $100,000 on 17 Jun 2020.
The largest trade he's ever made was exercising 30,000 units of FMBIO stock on 22 Feb 2019. As of 17 Jun 2020 he still owns at least 4,000 units of FMBIO stock.
First Midwest Bancorp, Inc.
Mr. Michael L. Scudder has made 4 insider trades between 2004-2020, according to the Form 4 filled with the SEC. Most recently he purchased 4,000 units of FMBI stock worth $100,000 on 17 Jun 2020.
The largest trade he's ever made was exercising 30,000 units of FMBI stock on 22 Feb 2019. As of 17 Jun 2020 he still owns at least 4,000 units of FMBI stock.
First Midwest Bancorp key executives
First Midwest Bancorp, Inc. executives and other stock owners filed with the SEC:
- Mr. Mark G. Sander (66) Pres, Chief Operating Officer & Director
- Mr. Michael L. Scudder (64) Chairman & Chief Executive Officer
- Mr. Michael W. Jamieson (67) Executive Vice President & Director of Commercial Banking - First Midwest Bank
- Mr. Patrick S. Barrett (61) Executive Vice President & Chief Financial Officer
- Mr. Thomas M. Prame (55) Executive Vice President & Director of Consumer Banking - First Midwest Bank