TD Bank 2009 Annual Report Download - page 35

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TD BANK FINANCIAL GROUP ANNUAL REPORT 2009 MANAGEMENT’S DISCUSSION AND ANALYSIS 31
Revenue
(millions of Canadian dollars) 2009 2008 2007
Personal deposits $ 2,508 $ 2,463 $ 2,353
Consumer lending 2,175 1,922 1,714
Business banking 1,912 1,798 1,654
Real estate secured lending 1,515 1,314 1,260
Insurance, net of claims 1,075 1,080 1,013
Other1264 249 255
Total $ 9,449 $ 8,826 $ 8,249
1Other 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.
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. Under the TD Canada Trust
brand, the retail operations provide a full range of financial products and services to approximately
11 million personal and small business customers.
(percent)
EFFICIENCY RATIO
50%50%
60%
50
40
30
20
10
0
07 0809
(millions of Canadian dollars)
NET INCOME
0
$2,500
2,000
1,000
1,500
500
$2,472$2,472
07 0809
BUSINESS SEGMENT ANALYSIS
Canadian Personal and Commercial Banking