TD Bank quarterly profit beats estimates

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Net income excluding one-off items was C$3.81 billion, or C$2.09 per share, in the three months ended July 31, compared with C$3.63 billion, or C$1.96 per share, a year earlier. Analysts had expected C$2.04 a share, according to Refinitiv data.

Canada’s second-largest lender reported overall net profit of C$3.21 billion, or C$1.75 a share, from C$3.55 billion, or C$1.92 per share, a year earlier.