TD Bank's quarterly profit rises on strength in domestic banking, wealth management-February 2024-www.financetom.com

TD Bank's quarterly profit rises on strength in domestic banking, wealth management

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TD Bank's quarterly profit rises on strength in domestic banking, wealth management

May 23, 2024 3:42 AM

May 23 (Reuters) - TD Bank Group reported a rise

in its second-quarter profit on Thursday driven by strong

performance of its domestic personal and commercial banking and

wealth management units.

The bank's adjusted net income rose to C$3.79 billion

($2.77 billion), or C$2.04 per share, in the quarter, from

C$3.71 billion ($2.72 billion), or C$1.91 per share, a year

earlier.

($1 = 1.3664 Canadian dollars)

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