Louis Vachon - National Bank CEO
| NA Stock | CAD 126.23 0.42 0.33% |
CEO
Mr. Louis Vachon is President, Chief Executive Officer, NonIndependent Director of National Bank of Canada. He was President and Chief Executive Officer of the Bank since 2007. He was the Banks ChiefOperating Officer in 2006 and 2007. He was Chairman of the Board of Directors of Natcan Investment Management Inc. from 2004 to 2006. In 2005 and 2006, he also served as Chairman of the Board and President and Chief Executive Officer of NBF. Louis Vachon began his career in 1985 with Citibank Canada and in 1986 joined Lvesque Beaubien Geoffrion Inc., now National Bank Financial Inc., where he served as VicePresident until 1990. From 1990 to 1996, he was employed by BT Bank of Canada, the Canadian subsidiary of Bankers Trust, where he served as President and Chief Executive Officer from 1994 to 1996. Louis Vachon returned to the Bank in 1996, first as President and Chief Executive Officer of Innocap Investment Management Inc., and then in 1998 was appointed Senior VicePresident Treasury and Financial Markets of the Bank. Louis Vachon is a member of the Board of Directors of the following Bank subsidiaries National Bank Group Inc. and National Bank Acquisition Holding Inc. He has a Bachelors degree in Economics from Bates College and a Masters degree in International Finance from the Fletcher School . He is also a CFA. He was awarded an honorary doctorate by the University of Ottawa and by Bishops University. In 2014, he was named CEO of the Year by Canadian Business magazine, and Financial Personality of the Year by the business publication Finance et Investissement in 2012 and 2014. He received the Global Citizens Award from the United Nations Association in Canada and is a Member of the Order of Canada. since 2007.
| Age | 56 |
| Tenure | 18 years |
| Professional Marks | CFA |
| Address | 800 Saint-Jacques Street, Montreal, QC, Canada, H3C 1A3 |
| Phone | 514-394-5000 |
| Web | https://www.nbc.ca |
National Bank Management Efficiency
As of the 16th of February 2025, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop 0.01. At this time, National Bank's Asset Turnover is very stable compared to the past year. National Bank's management efficiency ratios could be used to measure how well National Bank manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0086 |
National Bank Leadership Team
Elected by the shareholders, the National Bank's board of directors comprises two types of representatives: National Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of National. The board's role is to monitor National Bank's management team and ensure that shareholders' interests are well served. National Bank'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, National Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Pare, Independent Director | ||
| Gillian Denham, Independent Director | ||
| Brigitte Hebert, Executive Vice President - Employee Experience | ||
| Pierre Boivin, Independent Director | ||
| Martin Gagnon, Co-President and Co-Chief Executive Officer - National Bank Financial and Executive Vice-President - Wealth Management | ||
| Laurent Ferreira, Executive Vice President, Co-Head - Financial Markets | ||
| Claude Breton, VicePresident Responsibility | ||
| Marianne Ratte, VP Relations | ||
| Dominic Paradis, Senior Vice President, Legal Affairs and Corporate Secretary | ||
| Lucie BLANCHET, Executive Vice President - Personal Banking and Client Experience | ||
| Raymond Bachand, Independent Director | ||
| Nicole Rondou, Vice Compliance | ||
| Marie Gingras, CFO Finance | ||
| Manuel Morales, Chief Intelligence | ||
| Denis Girouard, Executive Vice President, Co-Head - Financial Markets | ||
| Maryse Bertrand, Independent Director | ||
| Ricardo Pascoe, Chief Transformation Officer and Executive Vice President - Strategic Initiatives Officer | ||
| Pierre Blouin, Independent Director | ||
| Jean Houde, Independent Chairman of the Board | ||
| William Bonnell, Executive Vice President - Risk Management | ||
| Linda Boulanger, Senior Relations | ||
| Stephane Achard, Executive Vice President - – Commercial Banking and Insurance | ||
| Julie Levesque, Executive Operations | ||
| Louis Vachon, CEO and President Director, Director of Natcan Investment Management and Director of National Bank Financial Group | ||
| Rebecca McKillican, Independent Director | ||
| Lino Saputo, Independent Director | ||
| Dominique Fagnoule, Executive Vice President - Information Technology and Organizational Performance | ||
| Karen Kinsley, Independent Director | ||
| Patricia CuradeauGrou, Independent Director | ||
| Pierre Thabet, Independent Director | ||
| Andree Savoie, Independent Director | ||
| Jean Dagenais, Senior Finance | ||
| Ghislain Parent, Chief Financial Officer, Executive Vice President - Finance and Treasury | ||
| Etienne Dubuc, Head VP |
National 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 National Bank 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.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0086 | ||||
| Profit Margin | 0.35 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | (63.79 B) | ||||
| Shares Outstanding | 390.83 M | ||||
| Shares Owned By Insiders | 0.21 % | ||||
| Shares Owned By Institutions | 32.19 % | ||||
| Number Of Shares Shorted | 8.11 M | ||||
| Price To Earning | 15.75 X |
Pair Trading with National Bank
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 National Bank 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 National Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
Moving against National Stock
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| 0.69 | OIII | O3 Mining | PairCorr |
| 0.64 | WMT | Walmart Inc CDR Earnings Call This Week | PairCorr |
| 0.63 | JPM | JPMorgan Chase | PairCorr |
| 0.58 | IBM | International Business | PairCorr |
The ability to find closely correlated positions to National Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Bank 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 National Bank - 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 National Bank of to buy it.
The correlation of National Bank 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 National Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Bank 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 National Bank 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.Other Information on Investing in National Stock
National Bank financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Bank security.