Toronto-Dominion Bank's quarterly profit rises 10.4 pct

Thu May 26, 2016 6:44am EDT
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May 26 (Reuters) - Toronto-Dominion Bank, Canada's second-biggest lender, reported a 10.4 percent rise in quarterly profit on Thursday, helped by growth in its retail banking business.

The Toronto-based bank's net income rose to C$2.05 billion ($1.59 billion), or C$1.07 per share, in the second quarter ended April 30 from C$1.86 billion, or 97 Canadian cents per share, a year earlier. ($1 = C$1.29) (Reporting by Anet Josline Pinto in Bengaluru; Editing by Ted Kerr)