TD Bank Group Reports Fourth Quarter and Fiscal 2018 Results - Nov 29, 2018FOURTH QUARTER FINANCIAL HIGHLIGHTS, compared with the fourth quarter last year:
Reported diluted earnings per share were $1.58, compared with $1.42.
Adjusted diluted earnings per share were $1.63, compared with $1.36.
Reported net income was $2,960 million, compared with $2,712 million.
Adjusted net income was $3,048 million, compared with $2,603 million.
FULL YEAR FINANCIAL HIGHLIGHTS, compared with last year:
Reported diluted earnings per share were $6.01, compared with $5.50.
Adjusted diluted earnings per share were $6.47, compared with $5.54.
Reported net income was $11,334 million, compared with $10,517 million.
Adjusted net income was $12,183 million, compared with $10,587 million.
FOURTH QUARTER ADJUSTMENTS (ITEMS OF NOTE)
The fourth quarter reported earnings figures included the following items of note:
Amortization of intangibles of $76 million ($63 million after tax or 4 cents per share), compared with $78 million ($59 million after tax or 3 cents per share) in the fourth quarter last year.
Charges associated with the Scottrade transaction of $25 million ($25 million after tax or 1 cent per share), compared with $46 million ($36 million after tax or 2 cents per share).