Toronto Dominion Bank - TD.t

Toronto Dominion Bank - TD.t is headquartered in Toronto, Canada, with offices around the world. TD Bank Group offers a full range of financial products and services. Toronto-Dominion Bank surpassed Royal Bank of Canada as the country’s largest lender by assets after expansion into U.S. consumer lending.

On May 26, 2016 the company reported Numbers

SECOND QUARTER FINANCIAL HIGHLIGHTS, compared with the second quarter a year ago:

• Reported diluted earnings per share were $1.07, compared with $0.97.
• Adjusted diluted earnings per share were $1.20, compared with $1.14.
• Reported net income was $2,052 million, compared with $1,859 million.
• Adjusted net income was $2,282 million, compared with $2,169 million.

YEAR-TO-DATE FINANCIAL HIGHLIGHTS, six months ended April 30, 2016, compared with the corresponding period a year ago:

• Reported diluted earnings per share were $2.24, compared with $2.06.
• Adjusted diluted earnings per share were $2.38, compared with $2.26.
• Reported net income was $4,275 million, compared with $3,919 million.
• Adjusted net income was $4,529 million, compared with $4,292 million.

SECOND QUARTER ADJUSTMENTS (ITEMS OF NOTE)
The second quarter reported earnings figures included the following items of note:

• Amortization of intangibles of $63 million after tax (4 cents per share), compared with $65 million after tax (4 cents per share) in the second quarter a year ago.
• A loss of $51 million after tax (3 cents per share) due to the change in fair value of derivatives hedging the reclassified available-for-sale securities portfolio, compared to a gain of $15 million after tax (1 cent per share) in the second quarter a year ago.
• Impairment of goodwill, non-financial assets, and other charges of $116 million after tax (6 cents per share).

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