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Toronto-Dominion Bank Earnings: $2.6B Fine Erases All Profit
TDDominion Bank(TD) Seeking Alpha·2024-08-22 19:35

TD Bank logo on branch Spencer Platt/Getty Images News Toronto-Dominion Bank Overview The Toronto-Dominion Bank (NYSE:TD, TSX:TD:CA) just released its fiscal third quarter earnings and largely missed analyst expectations. The headline metrics were C14.1billioninrevenue,up9.714.1 billion in revenue, up 9.7% (beat by C1.4) and 0.14inreportedEPS,downfrom-0.14 in reported EPS, down from 1.53. Although revenue was far ahead of estimates, it was overshadowed by the completely unexpected negative GAAP earnings figure. The earnings were negative, primarily due t ...