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Photo by Peter Power/Postmedia NewsToronto-Dominion Bank beat analysts’ third-quarter earnings expectations Thursday, reporting strong results in its U.S. business and a soaring profit in its wholesale banking segment.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorTD’s net income for the three months ending July 31 was $4.61 billion, up 38 per cent from $3.33 billion during the same quarter last year, resulting in net earnings per share of $2.74.Its adjusted net income, which removes the impact of non-recurring items, was $4.67 billion, up 21 per cent from the $3.87 billion recorded last year, resulting in adjusted earnings per share of $2.77, which beat analysts’ expectations of about $2.47.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try again“TD had a very strong quarter, with record earnings in our Canadian businesses and wholesale banking, and growing momentum in U.S. Banking,” Raymond Chun, TD’s chief executive, said in a statement on Thursday. “We enter the final quarter of 2026 from a position of strength, moving with speed to capture the significant growth opportunities across our businesses.”TD also announced a dividend of $1.12 per share, unchanged from the previous quarter and payable on Oct. 31.Earnings in the bank’s Canadian personal and commercial segment increased by seven per cent to $2.09 billion, while earnings from its business in the United States rose by 41 per cent to $1.07 billion. The bank also reported an 87 per cent year-over-year increase in profit in wholesale banking, which covers capital markets, with its net income rising to $743 million.The lender’s provision for credit losses, or the amount of money that the bank kept aside to tackle loans that may potentially go bad, decreased to $917 million compared to $971 million during the same quarter last year. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.