Toronto-Dominion Bank reported a higher quarterly profit on Thursday, boosted by strong 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, 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.
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 traded higher by 1.12% or $0.59/share to $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 1188392.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.93% or $0.35/share to $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 489255.
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.
Source
