Thursday, May 22, 2014

Toronto Dominion Bank - TD.t

Toronto Dominion Bank - TD.t is headquartered in Toronto, Canada, with offices around the world. TD Bank Group offers a full range of financial products and services.

Toronto-Dominion Bank surpassed Royal Bank of Canada as the country’s largest lender by assets after expansion into U.S. consumer lending. TD reported $862.5 billion in total assets as of Oct. 31, 2013.






On May 22, 2014 the company reported NUMBERS

TD Bank Group ("TD" or the "Bank") today announced its financial results for the second quarter ended April 30, 2014. Results for the quarter reflected good earnings contributions from all business segments.

"By any measure, our results this quarter were outstanding," said Ed Clark, Group President and Chief Executive Officer. "Adjusted earnings were $2.1 billion, up 14% from the same period last year, driven by strong organic growth and contributions from our recent acquisitions. These results demonstrate the considerable earnings power of our business model."

SECOND QUARTER FINANCIAL HIGHLIGHTS, compared with the second quarter a year ago:

• Reported diluted earnings per share were $1.04, compared with $0.89.
• Adjusted diluted earnings per share were $1.09, compared with $0.95.
• Reported net income was $1,988 million, compared with $1,717 million.
• Adjusted net income was $2,074 million, compared with $1,827 million.

YEAR-TO-DATE FINANCIAL HIGHLIGHTS, six months ended April 30, 2014, compared with the corresponding period a year ago:

• Reported diluted earnings per share were $2.11, compared with $1.82.
• Adjusted diluted earnings per share were $2.15, compared with $1.94.
• Reported net income was $4,030 million, compared with $3,501 million.
• Adjusted net income was $4,098 million, compared with $3,737 million.

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