Annual Report 2014

It was a year of great performance set against a challenging economic backdrop. We overcame continued pressures on our operating environment and delivered adjusted earnings of $8.1 billion with record results in many of our businesses.

In Canada, our retail business performed very well. Our Wholesale segment grew significantly, and our U.S. Retail bank delivered good results in a challenging environment.
NET INCOME
available to common shareholders
(millions of Canadian dollars)
Adjusted
Reported

11.6% TD’s 5-year CAGR (adjusted)