Ronald Brenneman - Bank of Nova Scotia Independent Director
| BNS Stock | CAD 65.47 0.94 1.42% |
Director
Mr. Ronald Alvin Brenneman is an Independent Director of The Bank of Nova Scotia. Ronald Brenneman is a corporate director and was Executive ViceChairman of Suncor Energy Inc., an integrated energy company, from August 2009 until February 2010. He was President and Chief Executive Officer of PetroCanada from January 2000 until August 2009 since 2000.
| Age | 69 |
| Tenure | 24 years |
| 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 very stable compared to the past year. As of the 16th of April 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, Bank of Nova Scotia's Fixed Asset Turnover is very stable compared to the past year. As of the 16th of April 2024, Return On Assets is likely to grow to 0.01, though Non Currrent Assets Other are likely to grow to (204.1 B). 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 | ||
| 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 | ||
| Kevin Teslyk, Executive Vice President - Canadian Business 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 | ||
| Gillian Riley, Executive-Vice-President -Canadian Commercial Banking | ||
| 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 | ||
| 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 | ||
| 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 | ||
| Tiff C, Independent Director | ||
| Robin Hibberd, Executive Vice President - Retail Products and Services, Canadian Banking | ||
| Nicole Frew, Executive 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 Treasurer | ||
| Meigan Terry, Chief VP | ||
| Sean McGuckin, CFO and Group Head | ||
| Michael Penner, Independent Director | ||
| John Doig, Executive Vice President, Retail Distribution | ||
| 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 | ||
| 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 Retail Payments, Deposits and Unsecured Lending |
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 | (85.65 B) | ||||
| Shares Outstanding | 1.22 B | ||||
| Shares Owned By Insiders | 0.03 % | ||||
| Shares Owned By Institutions | 49.44 % | ||||
| Number Of Shares Shorted | 34.24 M | ||||
| Price To Earning | 13.40 X |
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
| 0.87 | CCL-A | Ccl Industries Com | PairCorr |
| 0.79 | TCL-B | Transcontinental | PairCorr |
Moving against Bank Stock
| 0.87 | RCI-A | Rogers Communications | PairCorr |
| 0.55 | BUI | Buhler Industries | 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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