Toronto-Dominion Bank (TD) reported a third-quarter profit of $4.62 billion, up from $3.34 billion a year earlier, driven by strong performance in its capital markets division and effective cost management. Earnings per diluted share rose to $2.74, beating analyst expectations, with revenue increasing to $16.89 billion. The bank plans to expand its US presence by opening 100 new branches, signaling growth ambitions. Analysts highlight TD's impressive return on equity and potential for further gains as it strengthens its US retail platform.
TD Bank Group has generated 195 million Canadian dollars (about $141 million) in AI-driven value in the first three quarters of fiscal 2026, surpassing its target pace to reach 200 million Canadian dollars (about $144 million) for the full year. This...
Toronto-Dominion Bank reported a strong Q3 with earnings per share of $1.97 and revenues of $12.07 billion, both exceeding analyst expectations. This performance was driven by robust growth in its capital markets and Canadian banking divisions, along...
Canadian markets have shown resilience despite the introduction of new U.S. tariffs and Canada's plans for retaliation. While the tariffs' narrow scope may negatively impact certain sectors, they are unlikely to derail the overall Canadian economy. I...
Speculative investors have increased their bullish positions on gold for the third consecutive week, driven by concerns over the sustainability of U.S. government debt. The net long positions in Comex gold futures reached the highest level since late...
