TORONTO (AP) — TORONTO (AP) — The Toronto-Dominion Bank (TD) on Thursday reported fiscal second-quarter net income of $1.89 billion.
The Toronto-based bank said it had earnings of 99 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.50 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The retail and wholesale bank posted revenue of $21.63 billion in the period. Its revenue net of interest expense was $10.18 billion, also exceeding Street forecasts.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TD">Zacks stock report on TD at https://www.zacks.com/ap/TD