Toronto-Dominion Bank's quarterly profit falls as loan-loss provisions rise

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Toronto-Dominion Bank's quarterly profit falls as loan-loss provisions rise
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(Reuters) - Toronto-Dominion Bank on Thursday reported a drop in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Toronto-Dominion Bank on Thursday reported a drop in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover losses from borrowers who might fall behind on loan payments.

The bank reported adjusted net income of C$3.73 billion , or C$1.99 per share, in the three months ended July 31, compared with C$3.81 billion, or C$2.09 apiece, a year earlier.

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