Net income in the quarter fell to $1.65 billion, or 72 cents a share, from $5.77 billion, or $2.46 a share, a year earlier, when the company posted a gain from an acquisition.
Toronto-Dominion earned 921 million Canadian dollars ($793 million), down from 2.31 billion Canadian dollars a year earlier, when the bank posted a gain of 1.67 billion Canadian dollars from the sale of TD Waterhouse U.S.A. to Ameritrade.
Forty-seven percent of the 125 companies surveyed said sales volumes fell from a year earlier, while 29percentt said they had posted a gain, the Confederation of British Industry lobby group said in London.
Five cities posted a gain on an adjusted basis.
Only Phoenix posted a gain, with a 0.3 percent rise, the Case-Shiller data showed.
Goldman, however, posted a gain in trading revenue of 46percentt.
But the Dow Jones industrial average posted a gain, despite the weakness in Intel.
The South posted a gain of 3.8percentto to 1.36 million.
In the production report today, only utilities posted a gain, up 1.2percentt.
Moreover, only one manager posted a gain for the second quarter.
Health care posted a gain of only 6,800 jobs, compared with a monthly average this year of 22,000.
