The Toronto-Dominion Bank - Company Profile

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The Toronto-Dominion Bank: Segment Analysis

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Business Description

The Toronto-Dominion Bank (TD) offers banking and related financial solutions to retail customers, corporates, SMEs, high net-worth individuals, and family clients. As of October 31, 2024, it reported assets of CAD2,061,751 million, deposits of CAD1,268,680 million, and net loans of CAD957,643 million. The bank has an operational presence in North America, Europe, and Asia.

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Business Segments

Overview

Offers a wide array of financial products and services to personal, small business, and commercial customers. This segment includes TD Auto Finance Canada. Personal Banking focuses on delivering convenience, value, and trusted advice through a comprehensive suite of offerings, including deposit accounts, savings options, payment solutions, and lending products. It offers services through branches, ATMs, and mobile, telephone, and internet banking. Business Banking operates as a premier, customer-centric franchise that provides deep sector expertise and valuable advice. It offers a broad range of customized products and services designed to meet the unique needs of business owners. This is facilitated through a network of commercial branches and specialized customer centers located throughout Canada.

Performance

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Overview

Includes service and control group and unallocated expenses and revenue, the impact of the treasury, and balance sheet management activities. Also comprises provisions for incurred but non-identified losses associated with wholesale loans, tax items, and inter-company adjustments.

Performance

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Overview

Include the bank's personal, business banking, and wealth management operations within the US. Operating under the TD Bank brand, this segment serves customers across a wide geographic area from Maine to Florida, as well as through auto dealerships and credit card partner locations nationwide. Personal Banking offers a comprehensive range of financial products and services to customers throughout the region, facilitated by a robust network of stores and ATMs, as well as accessible through telephone, mobile, and internet banking services. Business Banking provides a diversified suite of products and services designed to support businesses in their financing, investment, cash management, international trade, and everyday banking needs. Wealth Management delivers a variety of wealth products and services tailored for both retail and institutional clients. Additionally, the segment includes the bank's investment in Schwab, which is reported as equity in net income of an investment in Schwab.

Performance

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Overview

Provides a variety of wealth solutions to retail clients through direct investing, advice-based services, and asset management offerings. Additionally, it provides asset management products to institutional clients both in Canada and globally. Insurance category offers property and casualty insurance through direct channels and to members of affinity groups, alongside life and health insurance products available to customers throughout Canada

Performance

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Overview

Serves corporate, government, and institutional clients in major financial markets globally. Operating under the TD Securities brand, it provides a comprehensive suite of capital markets and corporate and investment banking services to external clients, while also offering market access and wholesale banking solutions to support the bank’s wealth and retail operations and their customers. With a strong presence across North America, Europe, and Asia-Pacific, the segment leverages its expertise to deliver a wide range of products and services. These include underwriting and distribution of new debt and equity issues, advisory services for strategic acquisitions and divestitures, and solutions to meet the daily trading, funding, and investment needs of its clients.

Performance

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Geographical Segments

Performance

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Target Markets

Luxembourg, Bermuda, Barbados, Ireland, Japan, Australia, Singapore, and the UK.

Performance

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Performance

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