Financial Statement Analysis for two largest banks in Canada. RBC vs. TD

2022q4release.pdf (rbc.com)

TD Bank Group Reports Fourth Quarter and Fiscal 2022 Results | TD Stories

Please use this link to get information of financial statements of Banks.

Regarding each of the banks financial results in 2022:

a) Identify each of the banks diluted earnings (or loss) per common share for the year.

(It is always a dollar value, not a percentage)

b) Identify each of the banks Tier 1 capital ratios.

c) Calculate Return of Equity (ROE) and Return on Assets (ROA)

d) Identify each of the banks efficiency ratios (if any bank records more than one listing of that ratio, you will identify the lower ratio value).

(e) Explain what an efficiency ratio is, how it is calculated, and what it means. Be careful that you provide information on this ratio in terms of what it means for banks, not what it is for manufacturing and other companies, which is quite different)