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Toronto-Dominion Bank (N:TD)

Business Focus: Banks

Sector:  Financials Industry:  Banks
 
Company Contact
Address: Toronto-Dominion Centre
, King Street West and Bay Street,
TORONTO ON M5K 1A2
Tel: N/A
Website: https://www.td.com
IR: See website
Key People
Bharat Bhagwanji Masrani
Group President, Chief Executive Officer, Non-Independent Director
Ajai K. Bambawale
Group Head, Chief Risk Officer, TD Bank Group
Kelvin Vi Luan Tran
Group Head and Chief Financial Officer, TD Bank Group
Riaz Ahmed
Group Head, Wholesale Banking, TD Bank Group, President and Chief Executive Officer, TD Securities
Leovigildo Salom
Group Head U.S. Retail, TD Bank Group and President and Chief Executive Officer, TD Bank, America's Most Convenient Bank
Kenneth W. Lalonde
Chief Human Resource Officer, Senior Executive Vice President
Jane Langford
Executive Vice President, General Counsel
Gregory Keeley
Senior Executive Vice President - Platforms and Technology
Christine Morris
Senior Executive Vice President - Transformation, Enablement and Customer Experience
Anita O'dell
Senior Vice President, Chief Auditor
   
Business Overview
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, which provides financial products and services to personal, small business and commercial customers, and includes TD Auto Finance Canada; U.S. Retail segment, which is comprised of personal and business banking in the United States, operating under the brand TD Bank; Wealth Management and Insurance segment includes the Canadian wealth business which provides investment products and services to institutional and retail investors, and the insurance business which provides property and casualty insurance, as well as life and health insurance products to customers across Canada, and Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures.
Financial Overview
For the three months ended 31 January 2024, Toronto-Dominion Bank interest income increased 26% to C$22.81B. Net interest income after loan loss provision decreased 8% to C$6.49B. Net income applicable to common stockholders increased 3% to C$2.75B. Net interest income after loan loss provision reflects U.S. Personal & Commercial Banking segment decrease of 15% to C$2.51B, Wholesale Banking segment decrease of 62% to C$188M.