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TD Bank's Q2 Earnings Beat Estimates with EPS of C$2.04 on Strong Capital Markets and Domestic Banking
May 23, 2024, 11:14 AM
TD Bank's second-quarter earnings surpassed estimates, driven by strong performance in capital markets, domestic banking, and wealth management. The bank reported earnings per share (EPS) of C$2.04, exceeding the estimated C$1.85. Sales reached C$13.88 billion, also above the estimated C$12.23 billion. Despite the positive financial results, TD Bank is currently under a US anti-money laundering probe. The bank's stock rose by +1.60% following the announcement.
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