TORONTO \u2014 TD Bank Group reported a first-quarter profit of $4.04 billion, up from $2.79 billion a year earlier.<\/p>\n
The bank said Thursday the profit amounted to $2.34 per diluted share for the quarter ended Jan. 31, up from $1.55 per diluted share last year.<\/p>\n
Revenue totalled $16.59 billion, up from $14.05 billion.<\/p>\n
TD’s provision for credit losses amounted to $1.04 billion, down from $1.21 billion a year ago.<\/p>\n
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.<\/p>\n
The average analyst estimate had been for a profit of $2.26 per share, according to LSEG Data & Analytics.<\/p>\n
TD chief executive Raymond Chun said the bank delivered strong first-quarter results, including record adjusted earnings.<\/p>\n
“We achieved robust trading and fee income growth in our markets-driven businesses, volume growth in Canadian personal and commercial banking, and margin expansion,” Chun said in a statement.<\/p>\n
TD said its Canadian personal and commercial banking business earned a record $2.04 billion, up from $1.83 billion a year earlier as it also saw record revenue, reflecting increased loan and deposit volumes.<\/p>\n
TD’s U.S. banking operations earned $1.04 billion in the quarter, up from $342 million in the same quarter last year.<\/p>\n
The bank’s wealth management and insurance business earned $757 million, up from $680 million a year earlier, helped by record assets, strong transaction revenue and insurance premiums growth.<\/p>\n
TD’s wholesale banking operations, which includes its capital markets business, earned $561 million for the quarter, up from $299 million a year ago.<\/p>\n
This report by The Canadian Press was first published Feb. 26, 2026.<\/p>\n
Companies in this story: (TSX:TD)<\/p>\n
The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 TD Bank Group reported a first-quarter profit of $4.04 billion, up from $2.79 billion a year…\n","protected":false},"author":2,"featured_media":501656,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,17762,200463,55204],"class_list":["post-501655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-diluted-share","tag-first-quarter-profit","tag-td-bank"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/501655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=501655"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/501655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/501656"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=501655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=501655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=501655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}