TD Bank Q3 Profit Rises on Capital Markets
TD Bank reported a higher third-quarter profit of C$4.62 billion, boosted by strong performance in its capital markets business. The Canadian lender's earnings rose compared with C$3.34 billion a year earlier.
Insights:
TD Bank reported a third-quarter profit jump to C$4.62 billion ($3.33 billion), driven by strength in its capital markets unit. The quarterly result in Canada compares with C$3.34 billion earned during the same period a year earlier. The performance highlights robust financial markets activity bolstering major lending institutions.
