TD posts rise in quarterly profit on strong retail banking performance

TD Bank Group reported a 6.7-per-cent rise in adjusted second-quarter profit on Thursday, as Canada’s second-biggest lender by market value benefited from strong performance in its retail business.

Net income, excluding special items, rose to $3.27-billion, or $1.75 per share, in the three months ended April 30, from $3.06-billion, or $1.62 per share, a year earlier. Analysts on average expected earnings per share of $1.67, according to IBES data from Refinitiv. It was not immediately clear if the numbers were comparable.Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to

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