Quarterly ResultMar 29, 2026, 08:07 PM
Toronto Dominion Bank Reports Q1 2026 Earnings: Net Income Up 45% to $4.043 Billion
AI Summary
Toronto Dominion Bank (TD) announced its Q1 2026 financial results, reporting a 45% increase in net income to $4.043 billion compared to the same quarter last year. Adjusted earnings were $4.2 billion, up 16%, driven by strong performance across its businesses, including record revenue and earnings in Canadian Personal and Commercial Banking.
Key Highlights
- Reported diluted earnings per share were $2.34, compared with $1.55 last year.
- Adjusted diluted earnings per share were $2.44, compared with $2.02 last year.
- Canadian Personal and Commercial Banking net income was a record $2,044 million, an increase of 12% year-over-year.
- Includes restructuring charges of $200 million ($148 million after tax or 9 cents per share).
Price Impact
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