From Financial Modeling Prep: 2025-05-22 15:38:00

The Toronto-Dominion Bank (NYSE:TD) exceeded analyst expectations in Q2 with adjusted EPS of C$1.97 and revenue of C$15.1 billion, driving shares up over 2%. Despite a 3.4% decrease in adjusted earnings year-over-year, strength in trading, fee income, and core banking growth supported performance, with gains from a stake sale in Charles Schwab.

Overall, TD’s second-quarter results showcased solid growth in trading, fee income, and core banking operations. Despite a decrease in adjusted earnings compared to last year, the bank’s performance was bolstered by strong trading activity, fee generation, and growth in deposits and loans within Canadian Personal and Commercial Banking. Gains from selling its stake in Charles Schwab also contributed positively to results.



Read more at Financial Modeling Prep:: TD Bank Tops Q2 Estimates, Shares Gain 2%