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TD Bank beats expectations with boost from retail banking business

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Both TD\u0027s Canadian and U.S. retail businesses deliver record earnings. Find out more

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Profit in TD’s core personal and commercial banking business rose seven per cent year-over-year to $1.73 billion on higher margins and loan volume growth. Revenue grew 17 per cent to $4.59 billion. The wealth management segment’s profit fell 14 per cent year-over-year to $550 million amid market volatility.

 

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