TD Bank re­ports $3.11B third-quar­ter profit

The Niagara Falls Review - - Business -

TORONTO — TD Bank Group re­ported a profit of nearly $3.11 bil­lion in its lat­est quar­ter, up from $2.77 bil­lion in the same quar­ter last year, boosted by growth in its U.S. busi­ness. The bank said Thurs­day the profit amounted to $1.65 per di­luted share for the three months ended July 31, up from $1.46 a year ago. On an ad­justed ba­sis, TD says it earned $1.66 per di­luted share, up from an ad­justed profit of $1.51 per di­luted share a year ago. An­a­lysts on av­er­age had ex­pected TD to re­port a profit of $1.63 per share, ac­cord­ing to Thom­son Reuters Eikon.

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