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. |