Brian Porter - Bank of Nova Scotia President, Chief Executive Officer, Director
| BNS Stock | USD 46.57 0.05 0.11% |
CEO
Mr. Brian J. Porter is President, Chief Executive Officer, Director of the Company. He joined Scotiabank in 1981, and has progressed through a series of increasingly senior positions across the bank. Mr. Porter served as the banks Chief Risk Officer from 2005 to 2008, as Group Head of Risk and Treasury from 2008 to 2010 and as Group Head of International Banking from 2010 to 2012. He was appointed President of Scotiabank in November 2012. He assumed the role of Chief Executive Officer on November 1, 2013. Mr. Porters current board memberships include Business Council of Canada, the Council of the Americas, and the Washingtonbased Institute of International Finance where he serves as Vice Chairman and Treasurer. He is also Chair of the University Health Network Board of Trustees as well as the Chair of the 2018 United Way Greater Toronto campaign since 2013.
| Age | 62 |
| Tenure | 11 years |
| Professional Marks | Ph.D |
| Address | 40 Temperance Street, Toronto, ON, Canada, M5H 0B4 |
| Phone | 416 866 6161 |
| Web | https://www.scotiabank.com |
Bank of Nova Scotia Management Efficiency
At this time, Bank of Nova Scotia's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Bank of Nova Scotia's Non Current Assets Total are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 71.8 B in 2024, whereas Non Currrent Assets Other are likely to drop (3.3 B) in 2024. Bank of Nova Scotia's management efficiency ratios could be used to measure how well Bank of Nova Scotia 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 | 0.1 | ||||
| Return On Asset | 0.0058 |
Bank of Nova Scotia Leadership Team
Elected by the shareholders, the Bank of Nova Scotia's board of directors comprises two types of representatives: Bank of Nova Scotia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of Nova Scotia's management team and ensure that shareholders' interests are well served. Bank of Nova Scotia'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, Bank of Nova Scotia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kyle McNamara, Executive Vice-President and Co-Head Information Technology, Business Systems | ||
| Ronald Brenneman, Independent Director | ||
| Eduardo Cortes, Not independent Director | ||
| James McPhedran, Executive Vice President - Retail Distribution, Canadian Banking | ||
| Daniel Callahan, Independent Director | ||
| Brian Porter, President, Chief Executive Officer, Director | ||
| Ignacio Deschamps, Group Head - International Banking and Digital Transformation | ||
| Michael Durland, CEO of Global Banking and Markets and Group Head of Global Banking and Markets | ||
| Deborah Alexander, Executive Vice-Pres and General Counsel | ||
| Stuart Davis, Executive Vice President - Financial Crimes Risk Management & Group Chief Anti-Money Laundering Officer | ||
| Kevin Teslyk, Executive Vice President, Chief Operating Officer - Canadian Banking | ||
| Susan Segal, Independent Director | ||
| Andrew Branion, Executive Vice-President Chief Market Risk Officer | ||
| Michael Zerbs, Executive Vice-President and Co-Head Information Technology, Enterprise Technology | ||
| Francisco Silva, Group Banking | ||
| Calin Rovinescu, Independent Director | ||
| Gillian Riley, Executive Vice President, President & Chief Executive Officer, Tangerine | ||
| Rania Llewellyn, Executive Vice President - Global Business Payments | ||
| Dieter Jentsch, Group Head - International Banking | ||
| Barbara Mason, Group Head and Chief Human Resources Officer | ||
| Shawn Rose, Executive Vice President, Chief Digital Officer | ||
| Jake Lawrence, Co-Group Head, Global Banking and Markets, Head, Global Capital Markets | ||
| Maria Theofilaktidis, Executive Vice President, Chief Compliance Officer, Head of Enterprise Risk | ||
| Ashley Veasey, Executive Vice President - & Global Chief Information Officer, Business Technology | ||
| Barbara Thomas, Independent Director | ||
| Laurie Stang, Executive Vice President - Canadian Branch Banking | ||
| Jenny Poulos, Chief Officer | ||
| BCom AMP, CEO Director | ||
| Michael Henry, Executive Vice-President Retail Payments, Deposits and Unsecured Lending | ||
| Lynn Patterson, Independent Director | ||
| Paul Sobey, Independent Director | ||
| Nora Aufreiter, Independent Director | ||
| Rajagopal Viswanathan, Chief Financial Officer, Executive Vice President | ||
| James Neate, Co-Group Head, Global Banking and Markets, Head, Global Corporate and Investment Banking | ||
| Tiff C, Independent Director | ||
| Robin Hibberd, Executive Vice President - Retail Products and Services, Canadian Banking | ||
| Nicole Frew, Executive Vice President Chief Compliance Officer | ||
| Philip Smith, VP Relations | ||
| Stephen Hart, Chief Risk Officer | ||
| Dan Rees, Executive Vice President - Operations | ||
| Chadwick Westlake, Executive Vice President and Enterprise Productivity & Canadian Banking Finance | ||
| Aaron Regent, Independent Chairman of the Board | ||
| Kimberlee McKenzie, Executive Vice President - Information Technology and Solutions | ||
| Marianne HasoldSchilter, Executive Vice President Chief Administrative Officer - International Banking | ||
| Thomas ONeill, Independent Director | ||
| Tiff Macklem, Independent Director | ||
| Miguel Labarthe, Executive Vice President and Country Head, Scotiabank Peru | ||
| Phil Thomas, Executive Vice President - Customer Insights, Data & Analytics | ||
| Daniel Moore, Executive Vice President Chief Market Risk Officer, Chief Risk Officer | ||
| Ian Arellano, Executive Vice President General Counsel | ||
| L Thomson, Independent Director | ||
| Tracy Bryan, Executive Vice President - Global Operations | ||
| Terry Fryett, Chief Credit Officer, Executive Vice President | ||
| Paul Baroni, Executive Vice President and Chief Auditor | ||
| Alex Besharat, Executive Vice President - Canadian Wealth Management | ||
| John McCartney, Head Relations | ||
| Tom McGuire, Executive Vice President, Group Treasurer | ||
| Meigan Terry, Chief VP | ||
| Sean McGuckin, CFO and Group Head | ||
| Michael Penner, Independent Director | ||
| John Doig, Executive Vice President Chief Marketing Officer | ||
| Guillermo Babatz, Independent Director | ||
| Francisco Taboada, Executive Vice President and Country Head, Scotiabank Chile | ||
| Indira Samarasekera, Independent Director | ||
| Una Power, Independent Director | ||
| Daniel Rees, Group Banking | ||
| Glen Gowland, Executive Vice President - Global Wealth Management | ||
| Charles Dallara, Independent Director | ||
| Scott Thomson, Independent Director | ||
| James OSullivan, Executive Vice President - Global Asset Management | ||
| Benita Warmbold, Independent Director | ||
| Ashleigh Everett, Independent Director | ||
| Philip BA, Group Officer | ||
| Loretta Marcoccia, Chief Operating Officer, Executive Vice President - Global Banking and Markets | ||
| Philp Thomas, Executive Vice President - Customer Insights, Data & Analytics | ||
| Scott Bonham, Independent Director | ||
| Adrian Rosiles, Executive Vice President and Country Head, Scotiabank Mexico | ||
| William Fatt, Independent Director | ||
| Marian Lawson, Executive Vice-President Global Financial Institutions and Transaction Banking | ||
| Anya Schnoor, Executive Vice President, Caribbean, Central America and Uruguay Scotiabank | ||
| Anique Asher, Executive Vice President - Finance and Strategy |
Bank 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 Bank of Nova Scotia 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 | 0.1 | ||||
| Return On Asset | 0.0058 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | (109.83 B) | ||||
| Shares Outstanding | 1.22 B | ||||
| Shares Owned By Insiders | 0.03 % | ||||
| Shares Owned By Institutions | 49.44 % | ||||
| Number Of Shares Shorted | 25.55 M | ||||
| Price To Earning | 12.31 X |
Bank of Nova Scotia Investors Sentiment
The influence of Bank of Nova Scotia's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bank. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Bank of Nova Scotia's public news can be used to forecast risks associated with an investment in Bank. The trend in average sentiment can be used to explain how an investor holding Bank can time the market purely based on public headlines and social activities around Bank of Nova. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bank of Nova Scotia's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bank of Nova Scotia's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bank of Nova Scotia's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bank of Nova Scotia.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank of Nova Scotia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank of Nova Scotia's short interest history, or implied volatility extrapolated from Bank of Nova Scotia options trading.
Pair Trading with Bank of Nova Scotia
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 Bank of Nova Scotia 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 Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.9 | C | Citigroup Financial Report 12th of July 2024 | PairCorr |
| 0.96 | CM | Canadian Imperial Bank Financial Report 23rd of May 2024 | PairCorr |
| 0.92 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.77 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia 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 Bank of Nova Scotia - 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 Bank of Nova to buy it.
The correlation of Bank of Nova Scotia 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 Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia 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 Bank of Nova Scotia 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Bank Stock analysis
When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Nova Scotia's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Nova Scotia. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Nova Scotia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.246 | Dividend Share 4.21 | Earnings Share 4.43 | Revenue Per Share 24.448 | Quarterly Revenue Growth 0.02 |
The market value of Bank of Nova Scotia is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Nova Scotia's value that differs from its market value or its book value, called intrinsic value, which is Bank of Nova Scotia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Nova Scotia's market value can be influenced by many factors that don't directly affect Bank of Nova Scotia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.