TD earnings slip in what bank calls a 'challenging environment'

The bank says it earned $2.86 billion or $1.54 per share in the quarter ending Oct. 31, three per cent down from $2.96 billion or $1.58 per share a year earlier.

For the full year, TD saw net income grow three per cent despite challenges, said CEO Bharat Masrani. On an adjusted basis for the quarter, TD says had a net income available to shareholders of $2.88 billion, or $1.59 per diluted share, down from $3 billion, or $1.63 per, share last year.Analysts had $1.74 per share of adjusted earnings, on revenue of $9.85 billion, according to financial markets data firm Refinitiv.

CEO Masrani is an idiot and lazy. In comparison to Jamie Dimon on a scale of 1-10. -5

I'm not surprised by the ways their private bankers handling their customers. I am one of those got pissed and moving businesses somewhere else.

Are we to shed a tear for them now😢😢😢😂😂😂

They still made over $2 billion, that's not a challenging environment.

Climate change. No doubt about it.

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