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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Toronto-Dominion Bank    TD   CA8911605092

TORONTO-DOMINION BANK

(TD)
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Toronto Dominion Bank : Canada's TD Bank posts 6.7% rise in quarterly profit

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05/23/2019 | 06:45am EDT
FILE PHOTO: The Toronto-Dominion bank logo is seen outside of a branch in Ottawa

(Reuters) - TD Bank Group reported a 6.7% rise in adjusted second-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from strong performance in its retail business.

Net income, excluding special items, rose to C$3.27 billion ($2.43 billion), or C$1.75 per share, in the three months ended April 30, from C$3.06 billion, or C$1.62 per share, a year earlier.

Analysts on average expected earnings per share of C$1.67, according to IBES data from Refinitiv. It was not immediately clear if the numbers were comparable.

(Reporting by Bharath Manjesh in Bengaluru; Editing by Sriraj Kalluvila)

Stocks mentioned in the article
ChangeLast1st jan.
TORONTO-DOMINION BANK 0.39% 76.8 Delayed Quote.12.73%
VALUE8 0.00% 5.48 Delayed Quote.15.61%
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Financials (CAD)
Sales 2019 38 661 M
EBIT 2019 17 897 M
Net income 2019 11 716 M
Debt 2019 -
Yield 2019 3,77%
P/E ratio 2019 11,81
P/E ratio 2020 10,70
Capi. / Sales 2019 3,63x
Capi. / Sales 2020 3,47x
Capitalization 140 B
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 82,5  CAD
Spread / Average Target 7,5%
EPS Revisions
Managers
NameTitle
Bharat B. Masrani Group President, CEO & Non-Independent Director
Brian Michael Levitt Non-Executive Chairman
Riaz E. Ahmed Chief Financial Officer
Jeff Henderson Chief Information Officer & Executive VP
Michael George Rhodes Group Head-Innovation & Technology
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