E-L Financial Corporation Limited

TSX:ELF Stock Report

Market Cap: CA$4.6b

E-L Financial Management

Management criteria checks 4/4

E-L Financial's CEO is Duncan Newton Jackman, appointed in Sep 2004, has a tenure of 20.25 years. total yearly compensation is CA$1.71M, comprised of 65.4% salary and 34.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth CA$6.36M. The average tenure of the management team and the board of directors is 10.1 years and 6.6 years respectively.

Key information

Duncan Newton Jackman

Chief executive officer

CA$1.7m

Total compensation

CEO salary percentage65.4%
CEO tenure20.3yrs
CEO ownership0.1%
Management average tenure10.1yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

Is Now The Time To Put E-L Financial (TSE:ELF) On Your Watchlist?

Dec 07
Is Now The Time To Put E-L Financial (TSE:ELF) On Your Watchlist?

Benign Growth For E-L Financial Corporation Limited (TSE:ELF) Underpins Its Share Price

Sep 17
Benign Growth For E-L Financial Corporation Limited (TSE:ELF) Underpins Its Share Price

E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75

Aug 13
E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75

E-L Financial (TSE:ELF) Has Re-Affirmed Its Dividend Of CA$2.50

May 27
E-L Financial (TSE:ELF) Has Re-Affirmed Its Dividend Of CA$2.50

E-L Financial (TSE:ELF) Has Affirmed Its Dividend Of CA$2.50

May 13
E-L Financial (TSE:ELF) Has Affirmed Its Dividend Of CA$2.50

Does E-L Financial (TSE:ELF) Deserve A Spot On Your Watchlist?

Apr 06
Does E-L Financial (TSE:ELF) Deserve A Spot On Your Watchlist?

How Much Of E-L Financial Corporation Limited (TSE:ELF) Do Institutions Own?

Mar 14
How Much Of E-L Financial Corporation Limited (TSE:ELF) Do Institutions Own?

Introducing E-L Financial (TSE:ELF), A Stock That Climbed 25% In The Last Five Years

Feb 06
Introducing E-L Financial (TSE:ELF), A Stock That Climbed 25% In The Last Five Years

Have Insiders Been Buying E-L Financial Corporation Limited (TSE:ELF) Shares?

Jan 08
Have Insiders Been Buying E-L Financial Corporation Limited (TSE:ELF) Shares?

How Many E-L Financial Corporation Limited (TSE:ELF) Shares Do Institutions Own?

Dec 13
How Many E-L Financial Corporation Limited (TSE:ELF) Shares Do Institutions Own?

CEO Compensation Analysis

How has Duncan Newton Jackman's remuneration changed compared to E-L Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$2b

Jun 30 2024n/an/a

CA$1b

Mar 31 2024n/an/a

CA$1b

Dec 31 2023CA$2mCA$1m

CA$918m

Sep 30 2023n/an/a

CA$793m

Jun 30 2023n/an/a

CA$881m

Mar 31 2023n/an/a

CA$191m

Dec 31 2022CA$2mCA$1m

-CA$341m

Sep 30 2022n/an/a

-CA$451m

Jun 30 2022n/an/a

-CA$314m

Mar 31 2022n/an/a

CA$441m

Dec 31 2021CA$2mCA$1m

CA$1b

Sep 30 2021n/an/a

CA$1b

Jun 30 2021n/an/a

CA$1b

Mar 31 2021n/an/a

CA$2b

Dec 31 2020CA$2mCA$1m

CA$484m

Sep 30 2020n/an/a

CA$267m

Jun 30 2020n/an/a

CA$167m

Mar 31 2020n/an/a

-CA$243m

Dec 31 2019CA$2mCA$984k

CA$729m

Sep 30 2019n/an/a

CA$188m

Jun 30 2019n/an/a

CA$185m

Mar 31 2019n/an/a

CA$259m

Dec 31 2018CA$1mCA$961k

CA$16m

Sep 30 2018n/an/a

CA$511m

Jun 30 2018n/an/a

CA$465m

Mar 31 2018n/an/a

CA$450m

Dec 31 2017CA$1mCA$956k

CA$653m

Compensation vs Market: Duncan Newton's total compensation ($USD1.19M) is below average for companies of similar size in the Canadian market ($USD3.17M).

Compensation vs Earnings: Duncan Newton's compensation has been consistent with company performance over the past year.

CEO

Duncan Newton Jackman (57 yo)

20.3yrs

Tenure

CA$1,707,406

Compensation

Mr. Duncan Newton Rowell Jackman, LLB, has been the Chairman of The Empire Life Insurance Company since February 2003 and has been its Director since April 2, 1997. Mr. Jackman has been the Chairman of the...

Leadership Team

NamePositionTenureCompensationOwnership
Duncan Newton Jackman
Chairman20.3yrsCA$1.71m0.14%
CA$ 6.4m
Scott Ewert
VP & CFO9.8yrsCA$1.02mno data
Richard Carty
VP, General Counsel & Corporate Secretaryno dataCA$1.03mno data
Mark Sylvia
CEO & President of The Empire Life Insurance Company10.5yrsCA$1.72mno data
Paul Holba
Senior VP & Chief Investment Officer of Empire Life Investments Inc.2.4yrsCA$1.15mno data
Fahad Khan
VP & Chief Investment Officerno datano datano data
Susan Clifford
Treasurerno datano datano data

10.1yrs

Average Tenure

Experienced Management: ELF's management team is seasoned and experienced (10.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Duncan Newton Jackman
Chairman27.7yrsCA$1.71m0.14%
CA$ 6.4m
William Corcoran
Honorary Directorno dataCA$111.78kno data
Henry N. Jackman
Honorary Directorno dataCA$169.84kno data
Clive Rowe
Independent Director10.6yrsCA$396.81k0.0050%
CA$ 231.2k
Mark Taylor
Independent Director21.6yrsCA$72.80k0.012%
CA$ 574.9k
Peter Levitt
Independent Director2.6yrsCA$88.40kno data
Stephen J. Smith
Independent Director6.6yrsCA$72.80kno data
Maria Victoria Jackman
Director6.6yrsCA$72.80k0.011%
CA$ 495.2k
Elizabeth Loach
Independent Director1.6yrsCA$72.80kno data

6.6yrs

Average Tenure

67yo

Average Age

Experienced Board: ELF's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:20
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

E-L Financial Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ganesh D.N.Virtua Research Inc.