August 25, 2016 / 10:42 AM / in a year

TD Bank third-quarter earnings beat market expectations

TORONTO, Aug 25 (Reuters) - Toronto-Dominion Bank, Canada’s second-biggest lender, reported third-quarter earnings that were ahead of market expectations on Thursday, helped by growth in its U.S. retail and wholesale banking business.

The bank said its earnings rose to C$1.24 per share in the third quarter which ended on July 31 from C$1.19 a year earlier. Analysts on average had expected earnings of C$1.21, according to Thomson Reuters I/B/E/S.

Reporting by Matt Scuffham; editing by Jason Neely

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