The Toronto-Dominion Bank Group (TD, TD.TO) posted higher first-quarter net income of C$1.79 billion, or C$1.86 per share on a reported basis, compared with last year's C$1.48 billion, or C$1.55 per share, reflecting the strong performance of TD's retail businesses.
The latest reported earnings figures included amortization of intangibles of $56 million after tax; a gain of $24 million after tax; integration charges and direct transaction costs of $24 million after tax; as well as a litigation reserve of $70 million after tax, according to the company.
Adjusted net income for the period stood at C$1.92 billion, or C$2.00 per share. On average, 15 analysts polled by Thomson Reuters expected earnings per share of C$1.92 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly total revenue was C$5.97 billion, up from the prior year figure of C$5.64 billion. Analysts estimated revenues of C$6.01 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.