Toronto-Dominion Bank Earnings: $2.6B Fine Erases All Profit

TD Bank logo on branch Spencer Platt/Getty Images News Toronto-Dominion Bank Overview The Toronto-Dominion Bank (NYSE:TD, TSX:TD:CA) just released its fiscal third quarter earnings and largely missed analyst expectations. The headline metrics were C$14.1 billion in revenue, up 9.7% (beat by C$1.4) and $-0.14 in reported EPS, down from $1.53. Although revenue was far ahead of estimates, it was overshadowed by the completely unexpected negative GAAP earnings figure. The earnings were negative, primarily due t ...