TD Bank Group delivered stable earnings in Q1 2025, with total revenue of $14.05 billion, up 2% YoY. Adjusted net income stood at $3.62 billion, while adjusted EPS was $2.02. Higher provisions for credit losses and governance-related expenses weighed on profitability. The bank maintained a robust Common Equity Tier 1 (CET1) capital ratio of 13.1%, demonstrating financial strength.
Total revenue increased 2% YoY to $14.05 billion, driven by growth in commercial banking and wealth management.
Adjusted EPS was $2.02, reflecting stable earnings performance.
Provisions for credit losses increased to $1.21 billion due to higher impairments in consumer and commercial loans.
CET1 capital ratio remained strong at 13.1%, providing capital flexibility.
TD expects steady revenue growth in 2025, supported by strong banking fundamentals and wealth management expansion, but remains cautious on macroeconomic risks.
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