Ricardo Pascoe - National Bank President
| NA Stock | CAD 138.71 0.79 0.57% |
President
Mr. Ricardo Pascoe is Chief Transformation Officer and Executive Vice President Strategic Initiatives Officer of National Bank of Canada since June 2016 From April 2014 to June 2016, Executive VicePresident Financial Markets, National Bank of Canada. From September 2008 to April 2014, Executive VicePresident Financial Markets and CoPresident and CoChief Executive Officer, National Bank Financial, National Bank of Canada. As such, he is responsible for ensuring the effective and agile integration of largescale projects that support the Banks evolution. He also oversees the activities of Credigy and Innocap. He is also Chairman of the Board of Directors of Innocap Investment Management Inc. At the time of his appointment, Ricardo Pascoe had been Executive VicePresident Financial Markets since September 2008. As such, he helped grow the sectors footprint and performance. He joined the Bank in 2003 as Senior VicePresident Treasury and Financial Markets. Ricardo Pascoe is a member of the Office of the President. He also held the positions of CoPresident and CoChief Executive Officer of NBF from September 2006 until April 2014. Ricardo Pascoe previously held various strategic executive positions in London and New York at financial institutions specializing in capital markets, derivatives and portfolio management. Ricardo Pascoe appeared in the 2015 edition of the awards for the Ten Most Influential Hispanic Canadians, which recognized the exceptional contribution of the members of the Hispanic community throughout Canada. He holds a Bachelors Degree in Economics from Queens University, a Masters in Economics from Columbia University in New York, and an MBA from the University of Western Ontario. since 2016.
| Tenure | 8 years |
| Professional Marks | MBA |
| Address | 600 De La Gauchetière Street West, Montreal, QC, Canada, H3B 4L2 |
| Phone | 514 394 5000 |
| Web | https://www.nbc.ca |
National Bank Management Efficiency
As of the 1st of December 2024, 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 Fixed Asset Turnover is very stable compared to the past year. As of the 1st of December 2024, Asset Turnover is likely to grow to 0.04, while Total Current Assets are likely to drop about 25.2 B. 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 | 0.15 | ||||
| Return On Asset | 0.0083 |
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 | 0.15 | ||||
| Return On Asset | 0.0083 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | (52.81 B) | ||||
| Shares Outstanding | 340.38 M | ||||
| Shares Owned By Insiders | 0.21 % | ||||
| Shares Owned By Institutions | 36.26 % | ||||
| Number Of Shares Shorted | 12.15 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
| 0.87 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.91 | RY | Royal Bank Earnings Call This Week | PairCorr |
| 0.85 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.84 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against National Stock
| 0.59 | TD | Toronto Dominion Bank Earnings Call This Week | 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.