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Canada's Big Banks Beat Estimates as Capital Markets Profits Jump 35%

Bloomberg ·

TD Toronto Dominion Bank
$119.43 +0.30%
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  1. 1Canada's major banks beat estimates as capital markets profits rose 35% year-over-year on strong trading and deal activity
  2. 2Toronto-Dominion Bank (TD) capital markets net income surged 87%, while Royal Bank of Canada posted C$1.54 billion in the segment
  3. 3Credit loss provisions remained contained, and TD, RBC, and CIBC all posted adjusted earnings per share above analyst estimates

This 3-line summary is compiled from the report below.

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