TD Bank Financial Group 2009 Snapshot1

In 2009, TD demonstrated that with the right strategy and dedicated employees, strong businesses can perform even in a tough economy. By almost every measure, our performance surpassed our own expectations. And we’ve ended the year with solid earnings and an exceptionally strong balance sheet and capital position, which is allowing us to emerge from the financial crisis with our business model intact and momentum on our side.

 

NET INCOME
available to common shareholders
(millions of Canadian dollars)

 Adjusted   Reported
Grapth of Net Income

12.9%
TD's 5-year CAGR
(adjusted)

EARNINGS PER SHARE
(Canadian dollars)
 

 Adjusted   Reported
Grapth of Earnings per share

7.3%
TD's 5-year CAGR
(adjusted)

RETURN ON RISK-
WEIGHTED ASSETS

(per cent)

 Adjusted   Reported
Grapth of Riskweighted assets

2.27%
TD’s 2009 return on
risk-weighted assets
(adjusted)

TOTAL ASSETS
(billions of Canadian dollars)



Grapth of Total assets

12.4%
TD's 5-year CAGR

DIVIDENDS PER SHARE
(Canadian dollars)


Grapth of Dividends per share

12.4%  
TD's 5-year CAGR
12.4%   Canadian peers
5-year CAGR
(25.6)%   U.S. peers
5-year CAGR

TOTAL SHAREHOLDER RETURN
(5-year CAGR)

 

8.5%

6.2% Canadian peers
(7.2)% U.S. peers

TD’S PREMIUM RETAIL EARNINGS MIX IN 2009

Grapth of Premium Retail Earnings Mix in 2009

TD’s premium earnings mix is built on a North American retail focus – a lower-risk business with consistent earnings.

78% Retail
22% Wholesale

1 Results prepared in accordance with GAAP are referred to as “reported.” Adjusted results (excluding “items of note,” net of tax, from reported results) and related terms are not defined terms under GAAP and, therefore, may not be comparable to similar terms used by other issuers.

See “How the Bank Reports” in the accompanying Management’s Discussion and Analysis for further explanation, a list of the items of note and reconciliation of non-GAAP financial measures.

“Five-year CAGR” is the compound annual growth rate calculated from 2004 to 2009, on an adjusted basis.

“TD's Premium Retail Earnings Mix” is based on adjusted results.

“Canadian Retail” earnings are the total adjusted earnings of the Canadian Personal and Commercial Banking and Wealth Management segments. “U.S. Retail” earnings are the total adjusted earnings of the U.S. Personal and Commercial Banking segments.

Canadian peers include Royal Bank of Canada, Scotiabank, Bank of Montreal and Canadian Imperial Bank of Commerce.

U.S. peers include Citigroup, Bank of America, J.P. Morgan, Wells Fargo, PNC Financial and U.S. Bancorp.

For purposes of comparison with U.S. peers, dividends per share five-year compound growth rate are calculated on a year-to-date basis from Q3 2004 to Q3 2009.

“Aaa rated by Moody's Investors Service” is for long term debt and as at October 31, 2009.