The Toronto-Dominion Bank (TD) on Thursday reported fiscal first-quarter net income of $1.17 billion.
The company said it had earnings of 61 cents per share. Earnings, adjusted for non-recurring costs, were $1.64 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The retail and wholesale bank posted revenue of $16.61 billion in the period. Its revenue net of interest expense was $9.01 billion, also exceeding Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TD at https://www.zacks.com/ap/TD
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