TORONTO (AP) — TORONTO (AP) — The Toronto-Dominion Bank (TD) on Thursday reported fiscal third-quarter profit of $2.9 billion.
The bank, based in Toronto, said it had earnings of $1.64 per share. Earnings, adjusted for non-recurring costs, came to $1.91 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.
The retail and wholesale bank posted revenue of $24.81 billion in the period. Its revenue net of interest expense was $13.31 billion, which also topped Street forecasts.
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