TORONTO (AP) — TORONTO (AP) — The Toronto-Dominion Bank (TD) on Thursday reported a loss of $132.2 million in its fiscal third quarter.
The Toronto-based bank said it had a loss of 10 cents per share. Earnings, adjusted for non-recurring costs, were $1.50 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The retail and wholesale bank posted revenue of $22.2 billion in the period. Its revenue net of interest expense was $10.35 billion, also topping Street forecasts.
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