TD third-quarter profit beats expectations

Thu Aug 27, 2015 6:49am EDT
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TORONTO Aug 27 (Reuters) - Toronto Dominion Bank reported higher third-quarter earnings that topped market estimates on Thursday, boosted by gains in its domestic retail and capital markets divisions.

Net income in the quarter ended July 31 rose to C$2.27 billion, or C$1.19 per share, from C$2.11 billion, or C$1.11 per share, a year ago. Excluding items, profit climbed to $1.20 per share.

Analysts on average had expected earnings of C$1.18 per share, according to Thomson Reuters I/B/E/S. (Reporting by John Tilak Editing by W Simon)