TORONTO – TD Bank Group reported a third-quarter profit of $3.34 billion, compared with a loss of $181 million in the same quarter last year.
The bank says the profit amounted to $1.89 per diluted share for the quarter ending July 31, compared with a loss of 14 cents per diluted share a year earlier.
On an adjusted basis, TD says it earned $2.20 per diluted share for its third quarter, up from an adjusted profit of $2.05 per diluted share a year ago.
Analysts on average had expected an adjusted profit of $2.05 per share, according to LSEG Data & Analytics.
Revenue for the quarter totalled $15.3 billion, up from $14.2 billion in the same quarter last year.
The bank’s provisions for credit loss totalled $971 million, down from $1.07 billion last year.
This report by The Canadian Press was first published Aug. 28, 2025.
Companies in this story: (TSX:TD)