Consistent Earnings Growth and Digital Engagement
Fiscal 2022 Highlights
Strong performance
EPS of $9.47, up 23%
■
Adjusted 20 EPS of $8.36, up 6%
Revenue up 15% (Adj17 up 8%)
☐
Reported revenue includes net gain from mitigation
of interest rate volatility to closing capital on First
Horizon acquisition 38 and gain on sale of Schwab
shares 39
■ Volume growth and margin expansion in personal
and commercial banking businesses
PCL of $1,067MM
Expenses up 7% (incl. U.S Strategic Card Portfolio
("SCP") partners' share)
"
Adjusted 20 expenses up 7.2% excluding the impact
of SCP accounting and FX40
Higher employee-related expenses and higher spend
supporting business growth
PCL
Expenses
Net Income
Revenue
Expenses
Net Income
TD
P&L ($MM)
Reported
2022
2021
YOY
Revenue
49,032
42,693
15%
1,067
(224)
+$1,291
24,641
23,076
7%
17,429
14,298
22%
Diluted EPS ($)
9.47
7.72
23%
Adjusted 20
2022
2021
YOY
46,170
42,693
8%
24,359
22,909
6%
15,425
14,649
5%
Diluted EPS8 ($)
8.36
7.91
6%
Segment Earnings ($MM)
Reported
2022
2021
YOY
Canadian Personal &
6,558
Commercial Banking
5,885
11%
U.S. Retail
5,620
4,985
13%
Wealth Management &
2,395
2,596
Insurance
(8%)
Wholesale Banking
1,325
1,570
(16%)
Corporate
1,531
(738)
NM
Adjusted 20
2022
2021
YOY
U.S. Retail
5,524
4,985
11%
Wholesale Banking
1,339
1,570
(15%)
Corporate
(391)
(387)
(1%)
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