TD Posts Biggest Big Six Earnings Beat as Wholesale Banking Profit Surges
TD reported a record quarter with stronger results across Canada and the U.S., including 7% growth in Canadian personal and commercial earnings to $2.09 billion and a 41% rise in U.S. business earnings to $1.07 billion. Wholesale banking profit jumped 87% year over year, with net income of $743 million, beating analysts’ expectations. TD also plans to open 100 new U.S. branches by end-2028.