Investments
31Portfolio Exits
5Funds
1Partners & Customers
10About National Bank of Canada
National Bank of Canada (TSX: NA) provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International segments.
National Bank of Canada Headquarter Location
600 de la Gauchetière West 4th Floor
Montreal, Quebec, H3B 4L2,
Canada
888-483-5628
National Bank of Canada Web Traffic
National Bank of Canada Rank
Latest National Bank of Canada News
Jan 14, 2022
January 14, 2022 16:01 ET Toronto, Ontario, CANADA TORONTO, Jan. 14, 2022 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation today announces results of operations for the fiscal year ended October 31, 2021. Increase in net assets attributable to holders of Class A shares amounted to $98.5 million or $7.32 per Class A share. Net assets attributable to holders of Class A shares were $99.4 million or $7.54 per Class A share. Cash distributions of $0.86 per Preferred share and $0.73 per Class A share were paid during the year. Premium Income Corporation is a mutual fund corporation, which invests in a portfolio consisting principally of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, and the Toronto Dominion Bank. The Fund employs a proprietary investment strategy, Mulvihill Selective Overwriting, to enhance the income generated by the portfolio and to reduce volatility. The investment portfolio of the Fund is managed by its investment manager, Mulvihill Capital Management Inc. The Fund’s Preferred and Class A shares are listed on the Toronto Stock Exchange under the symbols PIC.PR.A and PIC.A respectively.
National Bank of Canada Investments
31 Investments
National Bank of Canada has made 31 investments. Their latest investment was in Wishpond as part of their Line of Credit on September 9, 2021.
National Bank of Canada Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/29/2021 | Line of Credit | Wishpond | $4.7M | Yes | 1 | |
9/23/2021 | Line of Credit | York Group of Companies | Yes | 1 | ||
8/23/2021 | Series A | ShopperPlus | $15.43M | Yes | 17 | |
1/21/2021 | Debt | |||||
10/30/2020 | Debt |
Date | 9/29/2021 | 9/23/2021 | 8/23/2021 | 1/21/2021 | 10/30/2020 |
|---|---|---|---|---|---|
Round | Line of Credit | Line of Credit | Series A | Debt | Debt |
Company | Wishpond | York Group of Companies | ShopperPlus | ||
Amount | $4.7M | $15.43M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 17 |
National Bank of Canada Portfolio Exits
5 Portfolio Exits
National Bank of Canada has 5 portfolio exits. Their latest portfolio exit was Flinks on August 25, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/25/2021 | Corporate Majority | 2 | |||
Date | 8/25/2021 | ||||
|---|---|---|---|---|---|
Exit | Corporate Majority | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
National Bank of Canada Acquisitions
1 Acquisition
National Bank of Canada acquired 1 company. Their latest acquisition was Altamira Financial on August 31, 2002.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
8/31/2002 | Growth Equity | $165M | Acquired | 1 |
Date | 8/31/2002 |
|---|---|
Investment Stage | Growth Equity |
Companies | |
Valuation | |
Total Funding | $165M |
Note | Acquired |
Sources | 1 |
National Bank of Canada Fund History
1 Fund History
National Bank of Canada has 1 fund, including National Bank SME Growth Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/12/2021 | National Bank SME Growth Fund | $200M | 2 |
Closing Date | 1/12/2021 |
|---|---|
Fund | National Bank SME Growth Fund |
Fund Type | |
Status | |
Amount | $200M |
Sources | 2 |
National Bank of Canada Partners & Customers
10 Partners and customers
National Bank of Canada has 10 strategic partners and customers. National Bank of Canada recently partnered with Wildeboer Dellelce, and Nest Wealth on July 7, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/10/2020 | Client, and Vendor | Wildeboer Dellelce, and Nest Wealth | Canada | Nest Wealth Asset Management Inc.’s Nest Wealth , a leader in financial investment technology , and National Bank of Canada made a comprehensive expansion of their partnership . | 1 |
3/16/2020 | Vendor | Murex | France | National Bank of Canada shifts Murex deployment to AWS `` The Murex and National Bank of Canada relationship exemplifies how AWS is helping financial institutions differentiate today and innovate for tomorrow , '' said Peter Williams , senior manager , partner solutions architect , financial services at AWS . | 2 |
12/17/2019 | Partner | Hardbacon | Canada | Hardbacon partners with National Bank to reduce investor fees Montreal 's Hardbacon is announcing a new partnership with National Bank Direct Brokerage while offering new users a pretty decent deal when they sign up on the app . | 1 |
10/17/2019 | Vendor | ||||
9/24/2019 | Vendor |
Date | 7/10/2020 | 3/16/2020 | 12/17/2019 | 10/17/2019 | 9/24/2019 |
|---|---|---|---|---|---|
Type | Client, and Vendor | Vendor | Partner | Vendor | Vendor |
Business Partner | Wildeboer Dellelce, and Nest Wealth | Murex | Hardbacon | ||
Country | Canada | France | Canada | ||
News Snippet | Nest Wealth Asset Management Inc.’s Nest Wealth , a leader in financial investment technology , and National Bank of Canada made a comprehensive expansion of their partnership . | National Bank of Canada shifts Murex deployment to AWS `` The Murex and National Bank of Canada relationship exemplifies how AWS is helping financial institutions differentiate today and innovate for tomorrow , '' said Peter Williams , senior manager , partner solutions architect , financial services at AWS . | Hardbacon partners with National Bank to reduce investor fees Montreal 's Hardbacon is announcing a new partnership with National Bank Direct Brokerage while offering new users a pretty decent deal when they sign up on the app . | ||
Sources | 1 | 2 | 1 |
National Bank of Canada Team
10 Team Members
National Bank of Canada has 10 team members, including current Senior Vice President, Lisa Swiderski.
Name | Work History | Title | Status |
|---|---|---|---|
Lisa Swiderski | Senior Vice President | Current | |
Louis Vachon | Chief Executive Officer, President | Current | |
Philippe Daoust | Banque Nationale, Deloitte, Ernst & Young, and PwC | Managing Director | Current |
Mario Tougas | Managing Director, Senior Partner | Current | |
Charles Guay | Chief Executive Officer, President, Chief Operating Officer, Senior Vice President | Former |
Name | Lisa Swiderski | Louis Vachon | Philippe Daoust | Mario Tougas | Charles Guay |
|---|---|---|---|---|---|
Work History | Banque Nationale, Deloitte, Ernst & Young, and PwC | ||||
Title | Senior Vice President | Chief Executive Officer, President | Managing Director | Managing Director, Senior Partner | Chief Executive Officer, President, Chief Operating Officer, Senior Vice President |
Status | Current | Current | Current | Current | Former |