------------------------------------------------------------------------- This quarterly earnings release should be read in conjunction with our Third Quarter 2010 Report to Shareholders for the three and nine months ended July 31, 2010, which is available on our website at http://www.td.com/investor/qr_2010.jsp.
Scotiabank reports third quarter earnings of over $1 billion
Third quarter highlights compared to the same period a year ago:
- Earnings per share (diluted) of $0.98 compared to $0.87
- Net income of $1.06 billion, versus $931 million
- Return on equity of 18.2%, compared to 17.3%
- Productivity ratio of 52.5%, versus 51.0%
- Quarterly dividend at 49 cents per common share
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Year-to-date performance versus key 2010 financial and operational
objectives was as follows:
Targets:
1.
First Federal Bank of North Florida Becomes TD Bank, America's Most Convenient Bank
CHERRY HILL, N.J. and PORTLAND, Maine, Aug. 25 /PRNewswire-FirstCall/ -- Starting August 30, six First Federal Bank of North Florida stores will be branded TD Bank, America's Most Convenient Bank®.
(Logo: http://photos.prnewswire.com/prnh/20081031/NEF005LOGO-a )
(Logo: http://www.newscom.com/cgi-bin/prnh/20081031/NEF005LOGO-a )
"We are excited to welcome First Federal to the TD Bank family," said Fred Graziano, head of retail banking, TD Bank.
