TORONTO (AP) — TORONTO (AP) — The Toronto-Dominion Bank (TD) on Thursday reported fiscal fourth-quarter net income of $2.13 billion.
The company said it had earnings of $1.10 per share. Earnings, adjusted for non-recurring costs, were $1.35 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The retail and wholesale bank posted revenue of $20.62 billion in the period. Its revenue net of interest expense was $9.66 billion, which beat Street forecasts.
For the year, the company reported profit of $7.99 billion, or $4.15 per share. Revenue was reported as $37.44 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TD at https://www.zacks.com/ap/TD
