Toronto-Dominion Bank reported a stronger-than-expected quarterly profit on Thursday, boosted by gains at its core Canadian retail business and the impact of buoyant capital markets on its investment banking and trading arm.Canada's second-largest lender said its net income rose to C$2.1 billion ($1.93 billion) or C$1.11 per share, in the third quarter ended July 31, from C$1.52 billion, or 79 Canadian cents a share, a year earlier.Excluding special items, earnings were C$1.15 a share. Analysts had expected C$1.09 per share, according to Thomson Reuters data.Profits at its Canadian retail arm jumped 54 percent to C$1.4 billion from a year earlier, when the company's insurance operation was hit with heavy claims from floods in Ontario and Alberta.
The Toronto-Dominion Bank, is a Canada-based bank, offering a range of financial products and services through TD Canada Trust, TD Bank, TD commercial Bank, TD commercial Banking and TD Auto finance. Shares of TD remained unchanged at $53.20. In the past year, the shares have traded as low as $41.65 and as high as $53.27. On average, 919527 shares of TD exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $38.02. In the past year, the shares have traded as low as $32.87 and as high as $38.73. On average, 755956 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.07% or $0.03/share to $41.27. In the past year, the shares have traded as low as $34.52 and as high as $42.10. On average, 594195 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 391097.
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