06:21 AM EDT, 08/22/2024 (MT Newswires) -- TD Bank (TD.TO, TD) -- which late Wednesday afternoon provided an update on its U.S. anti-money laundering issues, saying it had taken a provision of US$2.6 billion, which will be partially offset by a sale of Schwab shares -- on Thursday reported third quarter adjusted diluted earnings per share were $2.05, compared with $1.95 a year earlier.

Adjusted net income was $3,646 million, compared with $3,649 million.

But it reported a diluted loss per share of $0.14, compared with income of $1.53 a year earlier. It reported net loss of $181 million, compared with income of $2,881 million.

It is difficult to tell if TD beat or missed forecasts as the comparable figures provided by Capital IQ were different from those reported by TD today.

"TD delivered record revenue and net income in Canadian Personal and Commercial Banking, continued operating momentum in the U.S., and strong results across our markets-driven businesses," said Bharat Masrani, Group President and CEO, TD Bank Group, in a statement.

Among other highlights, TD announced that a dividend in an amount of $1.02 per fully paid common share in the capital stock of the Bank has been declared for the quarter ending October 31, 2024 , payable on and after October 31, 2024 , to shareholders of record at the close of business on October 10, 2024.

The third quarter reported earnings figures included the following items of note:

- Amortization of acquired intangibles of $64 million ($56 million after-tax or $0.03 per share), compared with $88 million ($75 million after-tax or $0.04 per share) in the third quarter last year.

- Acquisition and integration charges related to the Schwab transaction of $21 million ($18 million after-tax or $0.01 per share), compared with $54 million ($44 million after-tax or $0.02 per share) in the third quarter last year.

- Restructuring charges of $110 million ($81 million after-tax or $0.05 per share).

- Acquisition and integration charges related to the Cowen acquisition of $78 million ($60 million after-tax or $0.03 per share), compared with $143 million ($105 million after-tax or $0.06 per share) in the third quarter last year.

- Impact from the terminated First Horizon Corporation (FHN) acquisition-related capital hedging strategy of $62 million ($46 million after-tax or $0.03 per share), compared with $177 million ($134 million after-tax or $0.08 per share) in the third quarter last year.

- Provision for investigations related to the Bank's AML program of $3,566 million ($3,566 million after-tax or $2.04 per share).