Toronto-Dominion: Fiscal Q4 Earnings Snapshot
By AP News
Published - Dec 05, 2024, 07:43 AM ET
Last Updated - Dec 16, 2024, 05:06 PM EST
TORONTO (AP) — TORONTO (AP) — The Toronto-Dominion Bank (TD) on Thursday reported fiscal fourth-quarter net income of $2.66 billion.
The bank, based in Toronto, said it had earnings of $1.44 per share. Earnings, adjusted for non-recurring gains, came to $1.26 per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The retail and wholesale bank posted revenue of $22.95 billion in the period. Its revenue net of interest expense was $11.36 billion, surpassing Street forecasts.
