Canadian Real Estate Secured Lending Portfolio Highlights
Endnotes
TD
106. The territories are included as follows: Yukon is included in British Columbia; Nunavut is included in Ontario; and Northwest Territories is
included in the Prairies region.
107.Includes Small Business Banking and Business Credit Cards.
108.Consumer includes: Food, Beverage and Tobacco; Retail Sector.
109.Industrial/Manufacturing includes: Industrial Construction and Trade Contractors; Sundry Manufacturing and Wholesale.
110.Other includes: Power and Utilities; Telecommunications, Cable and Media; Transportation; Professional and Other Services; Other.
111.Excludes acquired credit-impaired loans.
112.Loan To Value based on authorized credit limit and Loan Performance Home Price Index as of February 2022. FICO Scores updated March
2022.
113.Other includes: Agriculture; Power and utilities; Telecommunications, cable and media; Transportation; Resources; Other.
114.Pre-tax, pre-provision earnings (PTPP) is a non-GAAP financial measure that is typically calculated by subtracting expenses from revenues. At
the total Bank level, TD calculates PTPP as the difference between revenue (U.S. Retail in $US) net of fair value changes in investments
supporting insurance claims liabilities, and adjusted expenses (U.S. Retail in $US), grossed up by the retailer program partners' share of PCL for
the Bank's U.S. strategic card portfolio. Collectively, these adjustments provide a measure of PTPP that management believes is more reflective
of underlying business performance.
115.Operating leverage is a non-GAAP ratio that is typically calculated by dividing revenue growth by expense growth. At the total bank level, TD
calculates operating leverage as the difference between the % change in adjusted revenue (U.S. Retail in source currency) net of fair value
changes in investments supporting insurance claims liabilities, and the % change in adjusted expenses (U.S. Retail in source currency) grossed
up by the retailer program partners' share of PCL for the Bank's U.S. strategic card portfolio. Collectively, these adjustments provide a measure
of operating leverage that management believes is more reflective of underlying business performance.
116. Adjusts for the impact of foreign exchange on the U.S. Retail Bank by using source currency figures. These adjustments are done to reflect
measures that the Bank believes are more reflective of underlying business performance.
117.Adjusts for fair value changes in investments supporting insurance claims liabilities, as reported on page 6, line 14 of the Bank's Q2 2022
Supplementary Financial Information package (Income (loss) from Financial Instruments designated at FVTPL - Related to Insurance
Subsidiaries).
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