Toronto-Dominion Bank (TD) Delivers Strong Q3 Results on Robust Client Activity

The Toronto-Dominion Bank (NYSE:TD) is one of the cheap blue-chip stocks to invest in now. On August 28, the company delivered strong third-quarter fiscal 2025 results, driven by robust client activity and disciplined execution, affirming the strength of its diversified business model.

The Canadian Personal and Commercial Banking unit delivered a record net income of $1.95 billion, a 4% year-over-year increase, attributed to record revenues of $5.24 billion, a 5% increase. The unit also achieved a record year-to-date digital sales in personal checking and CDs combined. The robust revenue underscores strong demand for digital offerings.

Overall, Toronto Dominion Bank posted a diluted loss of $1.89 a share compared to a loss of $0.14 delivered last year. However, adjusted earnings per share totaled $2.20, compared to $2.05 in the same quarter the previous year. Revenue in the quarter totaled $15.61 billion, surpassing analysts’ estimates of $13.73 billion.

The Toronto-Dominion Bank (NYSE:TD) is a financial services company that offers a full range of products and services to individuals and businesses, including personal and commercial banking, wealth management, insurance, and wholesale banking. It provides services including checking and savings accounts, credit cards, mortgages, auto financing, investment services, and financial advice.

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Disclosure: None. This article is originally published at Insider Monkey.