TD Canada Trust has announced their Q2 earnings totaled $2.1 billion, an increase of 14% from this time last year.
TD Canada Trust has announced its Q2 earnings totaled $2.1 billion, an increase of 14% from this time last year.
Canadian retail was responsible for $1.3 billion, up by 12% from 2013. This was driven by loan and deposit growth, as well as the TD Aeroplan portfolio.
U.S. retail generated US$495 million, an increase of 15% from Q2 2013.
Read: TD Asset Management launches new funds
TD’s wholesale banking net income decreased by 6% from this time last year to $207 million.
Almost all the gains were in the historically volatile education sector, economist explains
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