TORONTO - TD Bank is reporting a third-quarter profit of $2.36 billion, up four per cent from a year ago on strong earnings from its U.S. retail banking operations.

Last year, the bank earned $2.27 billion during the three months ended July 31.

On a per share basis, TD earned $1.24 during the third quarter, compared with $1.19 during the same period last year.

After adjustments, the bank earned $2.42 billion during the quarter, or $1.27 per share, up from $2.29 billion or $1.20 per share a year ago.

TD raked in $8.70 billion in quarterly revenue, up from $8.01 billion.