Reported about 8 hours ago
Toronto-Dominion Bank reported adjusted earnings of C$2.02 per share in its fiscal first quarter, exceeding analysts' expectations of C$1.95, driven by stronger-than-anticipated results in both wealth management and capital markets. The bank's wealth-management earnings reached C$680 million, surpassing predictions of C$578 million. Despite facing challenges such as uncertainties related to U.S. tariffs and provisions for credit losses, TD Bank is also undergoing a transition to enhance compliance measures following a settlement over money laundering issues.
Source: YAHOO