Ghislain Parent - National Bank President
| NA Stock | CAD 118.77 0.76 0.64% |
President
Mr. Ghislain Parent is an Chief Financial Officer, Executive Vice President Finance and Treasury of National Bank of Canada since August 29, 2011. He is responsible for all accounting, finance, corporate treasury, sourcing, mergers and acquisitions, strategic planning, capital management, taxation, investor relations, financial governance and internal audit operations. Since February 2017, he is also responsible for the Banks portfolio of investments in emerging countries. Ghislain Parent is a member of the Office of the President. Until August 28, 2011, Ghislain Parent served as Senior VicePresident Internal Audit, a position he had held since July 2010. Before joining the Bank, he was Senior VicePresident and Chief Financial Officer of the Caisse de dpt et placement du Qubec and President of CDP Financial Inc. During his career, Ghislain Parent was both VicePresident Internal Audit and Security and VicePresident Chief Accountant for Laurentian Bank of Canada. He also served as Senior Advisor Banking Supervision and Restructuring, Africa, for the International Monetary Fund. In addition to his business activities, he is involved in a number of organizations. Ghislain Parent has a Bachelors in Business Administration and Accounting Sciences from Universit du Qubec en AbitibiTmiscamingue. He is also a Fellow of the Ordre des comptables professionnels agrs du Qubec. since 2018.
| Tenure | 7 years |
| 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 23rd of March 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 | 0.15 | |||
| Return On Asset | 0.0085 |
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 | ||
| JeanSebastien Gagne, Treasurer | ||
| 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 | ||
| MarieClaude Jarry, Senior Relations | ||
| 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 | ||
| Nancy Paquet, Executive Financial | ||
| 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 | ||
| Judith Menard, Canada, Acc | ||
| 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 | ||
| JeanSebastien Grise, Chief Management | ||
| Rebecca McKillican, Independent Director | ||
| Lino Saputo, Independent Director | ||
| Dominique Fagnoule, Executive Vice President - Information Technology and Organizational Performance | ||
| Michael Denham, Executive ViceChair | ||
| 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 | 0.0085 | |||
| Profit Margin | 0.35 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | (74.93 B) | |||
| Shares Outstanding | 391.22 M | |||
| Shares Owned By Insiders | 0.09 % | |||
| Shares Owned By Institutions | 32.81 % | |||
| Number Of Shares Shorted | 3.58 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 against National Stock
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.