Exhibit 99.3

RETURN ON ASSETS, DIVIDEND PAYOUTS, AND EQUITY TO ASSETS RATIOS1,2
	For the three months ended				For the nine months ended				For the year ended
	July 31, 2014		April 30, 2014		July 31, 2014		July 31, 2013		October 31, 2013
Return on Assets – reported3	0.90	%	0.88	%	0.89	%	0.78	%	0.76	%
Return on Assets – adjusted4	0.92		0.92		0.90		0.82		0.82
Dividend Payout Ratio – reported5	42.1		45.0		42.3		45.7		46.9
Dividend Payout Ratio – adjusted6	40.9		43.0		41.5		43.0		43.5
Equity to Asset Ratio7	5.9		5.9		5.9		5.9		5.9

1 Calculated pursuant to the U.S. Securities and Exchange Commission Industry Guide 3.

2 TD Bank Group ("TD" or the "Bank") financial results prepared in accordance with International Financial Reporting Standards (IFRS), the current Generally Accepted Accounting Principles (GAAP), are referred to as “reported” results. The Bank also utilizes non-GAAP financial measures referred to as “adjusted” results (reported results excluding “items of note”, net of income taxes) to assess each of its businesses and measure overall Bank performance. See the “How We Performed” section in the Bank’s third quarter 2014 Report to Shareholders (www.td.com/investor) for further explanation, reported basis results, a list of the items of note, and a reconciliation of non-GAAP measures.

3 Calculated as Reported net income available to common shareholders and non-controlling interests (NCI) in subsidiaries divided by average total assets.

4 Calculated as Adjusted net income available to common shareholders and NCI in subsidiaries divided by average total assets.

5 Calculated as dividends declared per common share divided by reported basic earnings per share.

6 Calculated as dividends declared per common share divided by adjusted basic earnings per share.

7 Calculated as average total equity (including NCI in subsidiaries) divided by average total assets.