TD Bank's quarterly profit rises on strength in domestic banking, wealth management

td bank's quarterly profit rises on strength in domestic banking, wealth management

FILE PHOTO: The Toronto-Dominion (TD) bank logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo

(Reuters) - TD Bank Group reported a rise in its second-quarter profit on Thursday driven by strong performance of its domestic personal and commercial banking and wealth management units.

The bank's adjusted net income rose to C$3.79 billion ($2.77 billion), or C$2.04 per share, in the quarter, from C$3.71 billion ($2.72 billion), or C$1.91 per share, a year earlier.

($1 = 1.3664 Canadian dollars)

(Reporting by Jaiveer Singh Shekhawat in Bengaluru: Editing by Tasim Zahid)

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