TD reports $4.04B Q1 profit, up from $2.79B

Updated: February 26, 2026 at 7:39AM EST

Published: February 26, 2026 at 6:39AM EST

TD Bank Group reported a first-quarter profit of $4.04 billion, up from $2.79 billion a year earlier.

The bank says the profit amounted to $2.34 per diluted share for the quarter ended Jan. 31, up from $1.55 per diluted share last year.

Revenue totalled $16.59 billion, up from $14.05 billion.

TD’s provision for credit losses amounted to $1.04 billion, down from $1.21 billion a year ago.

On an adjusted basis, TD says it earned $2.44 per diluted share in its latest quarter, up from $2.02 per diluted share a year earlier.

The average analyst estimate had been for a profit of $2.26 per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Feb. 26, 2026.