The Bank of Nova Scotia

DB:BKN Stock Report

Market Cap: €63.2b

Bank of Nova Scotia Management

Management criteria checks 2/4

Bank of Nova Scotia's CEO is L. Thomson, appointed in Dec 2022, has a tenure of 8.67 years. total yearly compensation is CA$9.40M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €2.75M. The average tenure of the management team and the board of directors is 6.8 years and 8.1 years respectively.

Key information

L. Thomson

Chief executive officer

CA$9.4m

Total compensation

CEO salary percentage9.8%
CEO tenure2yrs
CEO ownership0.004%
Management average tenure6.8yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has L. Thomson's remuneration changed compared to Bank of Nova Scotia's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

CA$7b

Jul 31 2024n/an/a

CA$7b

Apr 30 2024n/an/a

CA$7b

Jan 31 2024n/an/a

CA$7b

Oct 31 2023CA$9mCA$918k

CA$7b

Jul 31 2023n/an/a

CA$8b

Apr 30 2023n/an/a

CA$8b

Jan 31 2023n/an/a

CA$9b

Oct 31 2022CA$320kn/a

CA$10b

Jul 31 2022n/an/a

CA$10b

Apr 30 2022n/an/a

CA$10b

Jan 31 2022n/an/a

CA$10b

Oct 31 2021n/an/a

CA$9b

Jul 31 2021n/an/a

CA$9b

Apr 30 2021n/an/a

CA$8b

Jan 31 2021n/an/a

CA$7b

Oct 31 2020n/an/a

CA$7b

Jul 31 2020n/an/a

CA$7b

Apr 30 2020n/an/a

CA$7b

Jan 31 2020n/an/a

CA$8b

Oct 31 2019CA$263kn/a

CA$8b

Jul 31 2019n/an/a

CA$8b

Apr 30 2019n/an/a

CA$8b

Jan 31 2019n/an/a

CA$8b

Oct 31 2018CA$235kn/a

CA$8b

Compensation vs Market: L.'s total compensation ($USD6.54M) is above average for companies of similar size in the German market ($USD4.86M).

Compensation vs Earnings: L.'s compensation has increased by more than 20% in the past year.

CEO

L. Thomson (54 yo)

2yrs

Tenure

CA$9,403,719

Compensation

Mr. L. Scott Thomson serves as CEO at The Bank of Nova Scotia since February 01, 2023. He is President of The Bank of Nova Scotia from December 01, 2022 and serves as its Director from 2016. Mr. Thomson ha...

Leadership Team

NamePositionTenureCompensationOwnership
L. Thomson
President2yrsCA$9.40m0.0043%
€ 2.7m
Rajagopal Viswanathan
Group Head & CFO6.6yrsCA$3.59m0.0034%
€ 2.2m
Francisco Aristeguieta Silva
Group Head of International Banking1.6yrsCA$7.29mno data
Tim Clarke
Chief Information Officer & Group Head of Technologyless than a yearno datano data
John McCartney
Head of Investor Relationsno datano datano data
Julie Walsh
Executive VP7.9yrsno data0.00012%
€ 75.9k
Ian Arellano
Executive VP & General Counsel6.9yrsno data0.00015%
€ 94.8k
Meigan Terry
Senior VPno datano datano data
Jenny Poulos
Chief Human Resources Officerless than a yearno datano data
Glen Gowland
Vice Chair17.5yrsno data0.00023%
€ 145.4k
Philip Thomas
Group Head & Chief Risk Officer10.7yrsCA$235.00k0.00019%
€ 120.1k
Peter Heidinger
CEO of Scotiabank Europe plc9.5yrsno datano data

6.8yrs

Average Tenure

59yo

Average Age

Experienced Management: BKN's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
L. Thomson
President8.7yrsCA$9.40m0.0043%
€ 2.7m
Una Power
Independent Director8.7yrsCA$414.38kno data
Calin Rovinescu
Independent Director4.1yrsCA$325.00k0.0020%
€ 1.3m
Scott Bonham
Independent Director8.9yrsCA$275.00kno data
Aaron Regent
Independent Chairman of the Board11.7yrsCA$500.00kno data
Benita Warmbold
Independent Director6.2yrsCA$320.83kno data
Lynn Patterson
Independent Director4.3yrsCA$275.00k0.0013%
€ 815.5k
Daniel Callahan
Independent Director3.5yrsCA$275.00kno data
Guillermo Babatz
Independent Director10.9yrsCA$342.04kno data
Nora Aufreiter
Independent Director10.3yrsCA$325.00k0.00056%
€ 354.0k
Michael Penner
Independent Director7.5yrsCA$275.00kno data
Wendell Dowrich
Independent Director2.5yrsCA$275.00kno data

8.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: BKN's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

The Bank of Nova Scotia is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
John AikenBarclays
Brian MortonBarclays