UPDATE 1-Toronto-Dominion Bank's quarterly profit rises 10.4 pct

May 26, 2016 11:12 AM

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May 26 Toronto-Dominion Bank, Canada's second-biggest lender, reported a 10.4 percent rise in quarterly profit on Thursday, helped by growth in its retail banking business.

The Toronto-based bank's Canadian retail operations earned C$1.5 billion ($1.16 billion) in the second quarter ended April 30, an increase of 2 percent from last year, while its U.S. retail business earned C$719 million, a rise of 21 percent.

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