TD Bank 2014 Annual Report Download - page 32

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TD BANK GROUP ANNUAL REPORT 2014 MANAGEMENT’S DISCUSSION AND ANALYSIS30
(millions of dollars) Canadian dollars
U.S. dollars
October 31 October 31 October 31 October 31 October 31 October 31
2014 2013 2012 2014 2013 2012
Personal Banking $ 4,685 $ 3,778 $ 2,899 $ 4,297 $ 3,701 $ 2,888
Business Banking 2,353 2,094 2,357 2,158 2,051 2,348
Wealth 330 202 111 303 198 110
Other1 877 1,248 866 805 1,223 862
Total $ 8,245 $ 7,322 $ 6,233 $ 7,563 $ 7,173 $ 6,208
1 Other revenue consists primarily of revenue from investing activities.
BUSINESS SEGMENT ANALYSIS
U.S. Retail
Operating under the brand name, TD Bank, America’s Most Convenient Bank, U.S. Retail offers a full range
of financial products and services to more than 8 million customers in the Bank’s U.S. personal and
commercial banking businesses, including U.S. credit cards and auto finance, as well as its wealth business.
REVENUE
TABLE 18
0
$2,400
1,600
2,000
800
1,200
400
NET INCOME
(millions of Canadian dollars)
Adjusted
Reported
1312 14
80%
60
40
20
0
EFFICIENCY RATIO
(percent)
Adjusted
Reported
1312 14
$2,110
Reported
$2,110
Adjusted
64.9%
Reported
64.9%
Adjusted