National Bank Of Canada · TSX:NA
National Bank Of Canada — Shareholder Meeting (2015)
20 slides from National Bank Of Canada's shareholder meeting presentation, 2015
Slide 1: Address by Louis Vachon, President and Chief Executive Officer
ADDRESS BY LOUIS VACHON PRESIDENT AND CHIEF EXECUTIVE OFFICER 6
Slide 2: Present in Drummondville for 100 years
Present in Drummondville for 100 years Manoir Drummond Building at 248 rue Hériot, 1939 7
Slide 3: Members of the Office of the President
Members of the Office of the President STÉPHANE WILLIAM DOMINIQUE DIANE LYNN BILODEAU BONNELL FAGNOULE GIARD JEANNIOT KAREN LUC GHISLAIN RICARDO LOUIS LEGGETT PAIEMENT PARENT PASCOE VACHON 8
Slide 4: Main themes
Main themes Overview of the Bank Looking back at 2014 Financial performance Value created for our shareholders, clients and employees Priorities for 2015 and beyond 9
Slide 5: Strong regional presence
Strong regional presence National Bank is well-established in the Drummondville region: 14 branches and 3 NBF offices A Commercial Banking Centre 60,000 individual clients 4,500 business clients More than 250 employees and Investment Advisors The region is important for the Bank and Quebec: You can
Slide 6: An engine of economic development
An engine of economic development Leading bank in Quebec Among Canada’s domestic systemically important banks Key contributor to business creation, development and continuity Growing presence across Canada Vancouver 2017 40% of revenues are generated outside Quebec 11
Slide 7: Solid financial results in 2014
Solid financial results in 2014 SHAREHOLDERS Net income $1,593 M Diluted earnings per share $4.48 Impaired loans ($118 M) Net of total allowances Return on equity 18.5% Core Tier 1 capital ratio 9.2% Excluding specified items 12
Slide 8: Strong results in the first quarter of 2015
Strong results in the first quarter of 2015 SHAREHOLDERS Record net income $410 M Diluted earnings per share $1.14 Return on equity 17.5% Good performance across our three business segments Excluding specified items 13
Slide 9: Industry-leading total shareholder return
Industry-leading total shareholder return SHAREHOLDERS Total shareholder return including dividends Periods ended October 31, 2014 Recognized for our financial strength 21.3% 20.9% 20.1% 18.6% 17.1% 13.1% 1 year Steady dividend growth National Bank Bank Bank Bank Bank Bank 1 2 3 4 5 Total shareholde
Slide 10: Economic context
Economic context SHAREHOLDERS Decline in the value of the Canadian dollar U.S. economic growth well underway Drop in oil prices = $1 billion in savings for Quebec residents Success factor: Private investment 15
Slide 11: Well-defined priorities
Well-defined priorities SHAREHOLDERS Pursue our One client, one bank strategy Distinctive, multi-channel client experience Ensure ongoing balance among our stakeholders Shareholders, clients, employees and the community Continue to expand our super-regional model 16
Slide 12: Targeted international investments
Targeted international investments SHAREHOLDERS Acquisition of 21% 42% stake in ABA 9.5% interest in AfrAsia of NSIA (Africa) Bank (Cambodia) Bank (Mauritius) Pilot project: replicate our super-regional business model outside Canada 17
Slide 13: A distinctive client experience
A distinctive client experience CLIENTS Rethinking the branch of the future Strong focus on advisory role: proximity, interaction Bright and inviting design Branches remain a key component of client contacts Just as clients’ needs and expectations are changing, so too must our service outlets 18
Slide 14: Building a multi-channel bank
Building a multi-channel bank CLIENTS Better alignment between the various distribution channels Mobile apps For iPad and Android MyIdea An innovative tool for clients looking to power their ideas 19
Slide 15: A new brand signature
A new brand signature CLIENTS A unique signature that reflects who we are Clear positioning that sets us apart Emphasis on our clients’ ambitions Applicable to all Bank sectors 20
Slide 16: Ranked among Canada's Best Employers
Ranked among Canada’s Best Employers EMPLOYEES The Bank earned many accolades in 2014 21
Slide 17: Diversity: A core value for the Bank
Diversity: A core value for the Bank EMPLOYEES Canadian leader in terms of male-female parity Scholarships for women in Financial Markets N.B.: Applications will be accepted until May 8 Women in management Women on the Board 2014 42% 44% (as at October 31, 2014) (Director nominees) 22
Slide 18: A key player in economic and social development
A key player in economic and social development COLLECTIVITY The Bank is a taxpayer, loan provider and major purchaser of goods and services Strong support for entrepreneurs $59 billion in loans to businesses $658 MILLION paid in income and other taxes Social Responsibility Report: A clear and 30% o
Slide 19: Contributing to the growth of the region
Contributing to the growth of the region COLLECTIVITY Donation of $40,000 to the Centre DEL (Development and Leadership Centre) of Collège Saint-Bernard in Drummondville First Drummondville National Bank Challenger tennis tournament Photos : Jean-Samuel Gauthier 24
Slide 20: Conclusion
Conclusion The Bank delivered a strong performance in 2014 I would like to thank the shareholders, clients, employees and partners who contribute to the Bank’s success, year after year Have a great bicentennial! 25