Toronto-Dominion: Fiscal 3Q Earnings Snapshot
TORONTO (AP) _ The Toronto-Dominion Bank (TD) on Thursday reported fiscal third-quarter net income of $2.43 billion.
The Toronto-based bank said it had earnings of $1.30 per share. Earnings, adjusted for non-recurring costs, were $1.34 per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.34 per share.
The retail and wholesale bank posted revenue of $11.3 billion in the period. Its revenue net of interest expense was $7.85 billion, beating Street forecasts.
Toronto-Dominion shares have increased slightly more than 8% since the beginning of the year. The stock has fallen 12% in the last 12 months.