Toronto-Dominion Bank Stock Gains Post Q2 Results, Clocks 10% Revenue Growth

Toronto-Dominion Bank (TSX:TD) (NYSE:TD) reported a second-quarter net income of C$3.8 billion, an increase of 3% year-over-year, and an adjusted net income of C$3.7 billion (-2% Y/Y).

Adjusted EPS was C$2.02, down 1% Y/Y. Revenue was C$11.26 billion, an increase of 10% Y/Y; adjusted revenue increased 8% Y/Y to C$11.04 billion.