10:05 AM EST - TD Bank Financial Group : says its fourth-quarter profit rose to $762 million from a year-earlier $589 million while annual earnings more than doubled. Earnings for the quarter ended Oct. 31 amounted to $1.04, up from 82 cents per share a year ago. Adjusting for one-time items, the bank said its earnings per diluted share were $1.20, up 13 percent from $1.06 in the comparable quarter a year earlier. Analysts' consensus forecast was for earnings of $1.19 a share, before one-time items, according to Thomson Financial. For the full year, profit more than doubled to $4.6 billion or $6.34 a share from $2.2 billion of $3.20 per share in the previous year. TD Bank Financial Group
shares T.TD are trading down $1.20 at $66.80.
