TD Q3 2026 profit rises as bank cites higher revenue and lower credit-loss provisions

Reuters2026/08/27 10:35

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Third-quarter net income rose to CAD 4.62 billion, driven by higher revenue, lower credit-loss provisions, lower expenses, partly offset by higher insurance service expenses.
Adjusted net income increased to CAD 4.67 billion; adjusted diluted EPS climbed to CAD 2.77, reflecting stronger underlying performance across businesses.
Canadian personal and commercial banking net income rose 7% to CAD 2.1 billion on deposit and loan growth, improved margins, higher expenses.
U.S. banking net income increased 41% to CAD 1.07 billion, led by higher deposit and loan margins; expenses rose.
Wholesale banking net income jumped 87% to CAD 743 million on a 25% revenue gain, lower credit losses, higher non-interest expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TD - Toronto-Dominion Bank published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TD Q3 2026 profit rises as bank cites higher revenue and lower credit-loss provisions

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