National Bank of Canada Management
Management criteria checks 2/4
National Bank of Canada's CEO is Laurent Ferreira, appointed in Nov 2021, has a tenure of 1.42 years. total yearly compensation is CA$10.99M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth MX$115.03M. The average tenure of the management team and the board of directors is 3.1 years and 5.3 years respectively.
Key information
Laurent Ferreira
Chief executive officer
CA$11.0m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.1yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2023 | n/a | n/a | CA$3b |
| Oct 31 2022 | CA$11m | CA$947k | CA$3b |
| Jul 31 2022 | n/a | n/a | CA$3b |
| Apr 30 2022 | n/a | n/a | CA$3b |
| Jan 31 2022 | n/a | n/a | CA$3b |
| Oct 31 2021 | CA$9m | CA$598k | CA$3b |
| Jul 31 2021 | n/a | n/a | CA$3b |
| Apr 30 2021 | n/a | n/a | CA$3b |
| Jan 31 2021 | n/a | n/a | CA$2b |
| Oct 31 2020 | CA$6m | CA$450k | CA$2b |
| Jul 31 2020 | n/a | n/a | CA$2b |
| Apr 30 2020 | n/a | n/a | CA$2b |
| Jan 31 2020 | n/a | n/a | CA$2b |
| Oct 31 2019 | CA$6m | CA$450k | CA$2b |
Compensation vs Market: Laurent's total compensation ($USD8.11M) is above average for companies of similar size in the MX market ($USD5.70M).
Compensation vs Earnings: Laurent's compensation has increased by more than 20% in the past year.
CEO
Laurent Ferreira (51 yo)
1.4yrs
Tenure
CA$10,988,413
Compensation
Mr. Laurent Ferreira serves as President and Chief Executive Officer at National Bank of Canada since November 1, 2021. He served as Chief Operating Officer at National Bank of Canada since February 1, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | CA$10.99m | 0.026% MX$ 115.0m | |
| CFO & Executive VP of Finance | less than a year | CA$4.29m | no data | |
| Executive Vice-President of International | less than a year | CA$3.71m | 0% MX$ 0 | |
| Interim Executive VP of Wealth Management and Co-President & Co-CEO - National Bank Financial | 6.8yrs | CA$7.69m | 0.0089% MX$ 39.9m | |
| Executive Vice-President of Personal Banking & Client Experience | 6.9yrs | CA$4.51m | 0.00057% MX$ 2.6m | |
| Executive Vice-President of Technology & Operations | 1.3yrs | no data | 0% MX$ 0 | |
| Chief Scientist of Artificial Intelligence | 4.9yrs | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Compliance | no data | no data | no data | |
| Senior VP of Legal Affairs & Corporate Secretary | no data | no data | no data | |
| Vice-President of Communications & Corporate Social Responsibility | no data | no data | no data | |
| Head of Employee Experience & Executive VP of Employee Experience | 4.8yrs | no data | 0.0019% MX$ 8.6m |
3.1yrs
Average Tenure
Experienced Management: NA N's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.2yrs | CA$10.99m | 0.026% MX$ 115.0m | |
| Independent Director | 10yrs | CA$190.00k | 0.0057% MX$ 25.5m | |
| Independent Director | 6.6yrs | CA$210.00k | no data | |
| Independent Director | 11yrs | CA$155.00k | 0.011% MX$ 50.9m | |
| Independent Chairman of the Board | 5yrs | CA$177.75k | 0.0025% MX$ 11.3m | |
| Independent Director | 11yrs | CA$170.00k | 0.0035% MX$ 15.8m | |
| Independent Director | 8.3yrs | CA$205.00k | 0.0027% MX$ 12.1m | |
| Independent Director | 4yrs | CA$182.50k | 0.0064% MX$ 28.6m | |
| Independent Director | 3yrs | CA$220.00k | 0.0048% MX$ 21.6m | |
| Independent Director | 2yrs | CA$155.00k | no data | |
| Independent Director | less than a year | CA$81.29k | 0.00030% MX$ 1.3m | |
| Independent Director | 5.5yrs | CA$167.50k | no data |
5.3yrs
Average Tenure
63.5yo
Average Age
Experienced Board: NA N's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/28 08:12 |
| End of Day Share Price | 2023/01/29 00:00 |
| Earnings | 2023/01/31 |
| Annual Earnings | 2022/10/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
National Bank of Canada is covered by 24 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Aiken | Barclays |
| Brian Morton | Barclays |
| Sohrab Movahedi | BMO Capital Markets Equity Research |