TD Bank reports Q1 adjusted EPS C$2.00 vs. C$2.23 last year

Reports Q1 adjusted revenue C$13.7B vs. C$12.2B last year. “TD had a good start to the year, with revenue growth reflecting higher fee-income from our markets-driven businesses, including the contribution from TD Cowen, and higher volumes and deposit margins in the Canadian Personal and Commercial Bank,” said Bharat Masrani, Group President and Chief Executive Officer, TD Bank Group. “Expense growth moderated from last quarter as we made progress on our restructuring initiatives, delivering efficiencies across the Bank.”