TD Bank signage in Mississauga on April 15, 2025. Photo by Peter J. Thompson/National Post

Toronto-Dominion Bank beat analysts’ expectations after reporting higher third-quarter profits on Thursday that were driven by a positive performance in its Canadian personal and commercial banking and wealth management and insurance segments.

TD’s net income for the three months ending July 31 was $3.3 billion, compared to a loss of $181 million during the same period last year when the bank had to keep aside a significant amount of money for investigations related to its anti-money laundering program, resulting in net earnings per share of $1.89.

Its adjusted net income — which removes the impact of non-recurring items — was $3.9 billion, compared to $3.65 billion last year, resulting in adju

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