Toronto, Canada based TD Bank Financial Group saw a huge increase in net income in first fiscal quarter ended Jan. 31. The company’s net income of $653 million or 75 cents a share (Canadian dollars) represents a 99 percent increase from last year. In U.S. Dollars TD Bank’s net income was $1.26 billion.
Revenue for the period reached $5 billion ($4.8 billion USD), up significantly from $4.2 billion in the same quarter last year.
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