THIRD QUARTER FINANCIAL HIGHLIGHTS, compared with the third quarter last year:
- Reported diluted earnings per share were $1.65, compared with $1.46.
- Adjusted diluted earnings per share were $1.66, compared with $1.51.
- Reported net income was $3,105 million, compared with $2,769 million.
- Adjusted net income was $3,127 million, compared with $2,865 million.
YEAR-TO-DATE FINANCIAL HIGHLIGHTS, nine months ended July 31, 2018, compared with the corresponding period last year:
- Reported diluted earnings per share were $4.43, compared with $4.08.
- Adjusted diluted earnings per share were $4.84, compared with $4.18.
- Reported net income was $8,374 million, compared with $7,805 million.
- Adjusted net income was $9,135 million, compared with $7,984 million. THIRD QUARTER ADJUSTMENTS (ITEMS OF NOTE) The third quarter reported earnings figures included the following items of note:
- Amortization of intangibles of $77 million ($65 million after tax or 3 cents per share), compared with $74 million ($56 million after tax or 3 cents per share) in the third quarter last year.
-The Banks share of charges associated with TD Ameritrade's acquisition of Scottrade of $18 million ($18 million after tax or 1 cent per share).
- Tax benefit of $61 million related to U.S. tax reform ($61 million after tax or 3 cents per share)
