TD Bank 2007 Annual Report Download - page 32

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TD BANK FINANCIAL GROUP ANNUAL REPORT 2007 Management’s Discussion and Analysis28
BUSINESS SEGMENT ANALYSIS
Canadian Personal and
Commercial Banking
Canadian Personal and Commercial Banking comprises the
Bank’s personal and business banking businesses in Canada, as
well as the Bank’s global insurance operations (excluding the
U.S.). Under the TD Canada Trust brand, the retail operations
provide a full range of nancial products and services to
approximately 11 million personal and small business customers.
Revenue
(millions of Canadian dollars) 2007 200622005
Personal deposits $ 2,353 $ 2,219 $ 2,000
Consumer lending 1,714 1,459 1,262
Business banking 1,654 1,541 1,441
Real estate secured lending 1,260 1,109 912
Insurance, net of claims 1,013 911 835
Other1255 213 253
Total $ 8,249 $ 7,452 $ 6,703
1 Other revenue includes internal commissions on sales of mutual funds and other
Wealth Management products, fees for foreign exchange, safety deposit box rentals
and other branch services.
2 Certain comparative amounts have been reclassified to conform to the presentation
adopted in the current year.
(percent)
EFFICIENCY RATIO
05 06 07
60%
50
40
30
20
10
0
51.6%
(millions of Canadian dollars)
NET INCOME
05 06 07
0
$2,500
2,000
1,000
1,500
500
$2,253
evenue
(millions of Canadian dollars)
Personal deposits
Consumer lending
Business banking
Real estate secured lending
Insurance, net of claims
Other
Total
Other revenue includes internal commissions on sales of mutual funds and other
Wealth Management products, fees for foreign exchange, safety deposit box rentals
and other branch services.
Certain comparative amounts have been reclassified to conform to the presentation