Moray Tawse - First National Co-Founder, Executive VP, Secretary and Director

FN Stock  CAD 44.87  0.34  0.76%   

Director

Mr. Moray Tawse is Executive Vice President, Secretary, Director of First National Financial Corporationration He directs the operations of all of First Nationals commercial mortgage origination activities. With over 30 years of experience in the real estate finance industry, Mr. Tawse is one of Canadas leading experts on commercial real estate and is often called upon to deliver keynote addresses at national real estate symposiums.
Age 67
Address 16 York Street, Toronto, ON, Canada, M5J 0E6
Phone416 593 1100
Webhttps://www.firstnational.ca
Tawse directs the operations of all of First National’s commercial mortgage origination activities. With over 30 years of experience in the real estate finance industry, Mr. Tawse is one of Canada’s leading experts on commercial real estate and is often called upon to deliver keynote addresses at national real estate symposiums. In addition, Mr. Tawse is also an independent director of Regal Lifestyle Communities Inc., a TSX listed company that owns and operates retirement properties across Canada.

First National Management Efficiency

As of the 26th of November 2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.01. As of the 26th of November 2024, Total Assets is likely to drop to about 25.1 B. In addition to that, Non Current Assets Total is likely to drop to about 101.9 MFirst National's management efficiency ratios could be used to measure how well First National manages its routine affairs as well as how well it operates its assets and liabilities.
First National Financial has accumulated 44.79 B in total debt. First National Financial has a current ratio of 14.31, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist First National until it has trouble settling it off, either with new capital or with free cash flow. So, First National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First National Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First National's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Real BellemareFiera Capital
N/A
Melissa SonbergExchange Income
58
Michael StramagliaEquitable Group
60
Gabriel EsqFiera Capital
N/A
Michael EmoryEquitable Group
63
Nitin KumbhaniFiera Capital
N/A
Lise PistonoFiera Capital
N/A
Lynn McDonaldEquitable Group
67
Vincenza SeraEquitable Group
64
Kishore KapoorEquitable Group
62
Raymond LaurinFiera Capital
N/A
Donald StreuberExchange Income
61
Gary BuckleyExchange Income
58
Jean MontyFiera Capital
71
Eric BeutelEquitable Group
56
Polly CraikExchange Income
57
Serena KraayeveldExchange Income
67
Edward WarkentinExchange Income
69
David ShawFiera Capital
65
Rowan SaundersEquitable Group
54
Susan EricksenEquitable Group
60
First National Financial Corporation, through its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. The company was founded in 1988 and is headquartered in Toronto, Canada. FIRST NATIONAL operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 1131 people. First National Financial (FN) is traded on Toronto Exchange in Canada and employs 1,745 people. First National is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

First National Financial Leadership Team

Elected by the shareholders, the First National's board of directors comprises two types of representatives: First National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First National's management team and ensure that shareholders' interests are well served. First National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Moray Tawse, Co-Founder, Executive VP, Secretary and Director
Wendy Burkin, Vice President of Human Resources of First National
Robert CPA, Chief Officer
Duncan Jackman, Independent Director
John Brough, Lead Independent Director
Robert Pearce, Independent Director
Ernie Stapleton, President Fundamental
Thomas Kim, Executive Markets
Scott McKenzie, Senior Vice President - Residential Mortgages of First National
Jeremy Wedgbury, Senior Vice President - Commercial Mortgages of First National
Peter Jaeggin, Vice President Information Technology
Robert Inglis, Chief Financial Officer
Barbara Palk, Independent Director
Stephen Smith, Chairman of the Board, Chief Executive Officer, Co-Founder
Hilda Wong, Senior Vice President and General Counsel of First National
Robert Mitchell, Independent Director
Jason Ellis, Managing Director - Capital Markets of First National

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with First National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First National will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First National Financial to buy it.
The correlation of First National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in First Stock

First National financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First National security.