UPDATE: TD Bank Q2 Profit Up 20.7%
The Toronto-Dominion Bank (NYSE: TD) reported a 20.7% rise in its second-quarter profit.
TD's quarterly earnings climbed to C$1.69 billion, or C$1.78 per share, from C$1.40 billion, or C$1.50 per share, in the year-ago period.
Excluding certain items, TD earned C$1.82 per share, versus analysts' estimates of C$1.78 per share.
TD shares closed at $76.76 yesterday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.