TD Bank 2010 Annual Report Download - page 25

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TD BANK GROUP ANNUAL REPORT 2010 MANAGEMENT’S DISCUSSION AND ANALYSIS 23
Revenue
(millions of Canadian dollars) 2010 2009 2008
Personal deposits $ 2,534 $ 2,508 $ 2,463
Consumer lending 2,435 2,175 1,922
Business banking 2,028 1,912 1,798
Real estate secured lending 2,017 1,515 1,314
Insurance, net of claims 1,107 1,075 1,080
Other1 250 264 249
Total $ 10,371 $ 9,449 $ 8,826
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 insurance operations. Under the TD Canada Trust brand, the retail operations
provide a full range of financial products and services to approximately 11.5 million personal and small
business customers.
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.
(millions of Canadian dollars)
NET INCOME
0
$3,250
2,600
1,300
1,950
650
$3,095$3,095
08 09 10
(percent)
EFFICIENCY RATIO
48%48%
60%
50
40
30
20
10
0
08 09 10