The Toronto-Dominion Bank Reports Better Than Expected Q1 Results 
<p><a href='https://financialmodelingprep.com/financial-summary/TD'>The Toronto-Dominion Bank (NASDAQ:TD)</a> reported its Q1 results on Thursday, with adjusted EPS of $2.23 coming in better than the Street estimate of $2.19. </p>
<p>According to the analysts at RBC Capital, the company had good results with continued NIM expansion and strong earnings in Canada and U.S. P&C. With no visibility on the timing of the First Horizon (FHN) acquisition, the analysts revised their assumption to reflect the acquisition closing in Q1/24 (was Q2/23) and this affects their earnings expectations considerably for 2023 and less for 2024. RBC’s core EPS estimate moved to $8.73 from $9.62 in 2023 and to $10.25 from $10.48 in 2024. </p>

NASDAQ:TD