Customers
Workplace
Environment
Communities
How We Operate
5
2013 Business Highlights 2011 2012 2013
Record retail adjusted earnings of $6.5 billion
Record earnings contributions from Canadian P&C, U.S. P&C and Wealth Management, respectively.2
TD maintained mobile banking leadership position in Canada
Ranked #1 for mobile subscrib- ers accessing financial services via their mobile devices.3
TD is now the primary credit card issuer for Aeroplan
TD became the primary credit card issuer for Aeroplan on January 1, 2014 and, also expects to acquire about half of the existing CIBC Aerogold credit card accounts.4
Total Revenue – Adjusted ($M)1
$27,191 2011 2012 2013 1
Net Income – Adjusted ($M)1
$7,158 2011 2012 2013
Total Assets ($B)
$862.5 2011 2012 2013
1
2011
2012
2013
TD increased its annual dividends paid 12% from the previous year
Including two additional dividend increases paid in fiscal 2013.
TD Bank, America’s Most Convenient Bank reaches milestone in New York City
TD opened its 100th store in NYC this year and ended the fiscal year with 108.
Total Deposits ($B)
$543.5 2011 2012 2013
Total Shareholder Return (1 year)
22.3% 2011 2012 2013
Effective November 1, 2011, The Toronto-Dominion Bank (“the Bank” or “TD”) prepares its consolidated financial statements in accordance with International Financial Reporting Standards (IFRS), the current generally accepted accounting principles (GAAP), and refers to results prepared in accordance with IFRS as the ”reported” results. The Bank also utilizes non-GAAP financial measures to arrive at “adjusted” results (i.e., reported results excluding “items of note,” net of income taxes) to assess each of its businesses and measure overall Bank performance. See “How the Bank Reports” in the accompanying Management’s Discussion and Analysis (MD&A) for further explanation, a list of the items of note and a reconciliation of non-GAAP financial measures. The Bank’s financial results for fiscal 2011 have been presented in accordance with IFRS for comparative purposes in the Bank’s 2013 Annual Consolidated Financial Statements and MD&A (unless otherwise noted).
2 Reference to retail earnings include the total adjusted earnings of the Canadian Personal and Commercial Banking, Wealth and Insurance and US Personal and Commercial Banking segments. 3 Comscore reporting current as of October 31, 2013 based on an audience of approximately 23 million Canadian mobile subscribers above the age of 13.
4
On September 16, 2013, TD, Aimia Canada Inc., and Canadian Imperial Bank of Commerce (CIBC) confirmed that they have signed agreements under which TD would become the primary issuer of Aeroplan Visa credit cards on January 1, 2014. TD has also entered into an agreement to acquire approximately 50% of the existing Aeroplan credit card portfolio from CIBC.
TD 2013 Corporate Responsibility Report
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