Q2 is the bank’s 72nd consecutive profitable quarter
Tax recovery helps lift earnings
Volume of mortgage fundings slips in Q2
Results follow up a strong year for the Quebec-based company
Bank boosts quarterly dividend
Wealth management, record trading boost results
Robust revenue growth personal and commercial and wealth-management segments
Second strongest quarter ever, says Statistics Canada
TD Bank Financial Group today reported an increase in second-quarter profit thanks to a strong performance in Canadian retail banking and wealth management.The bank said net income for the quarter ended April 30 grew to $738 million, or $1.01 a share, from $599 million, or 86¢ a share in the year-ago period.“Once again, our operating […]
Boosts dividend by 71%