(Adds details, CIBC results)
TORONTO, Nov 30 (Reuters) - Toronto-Dominion Bank TD.TO reported fourth-quarter results on Thursday which were below market expectations, affected by a decline in revenues at its investment banking business.
Canada's second-biggest bank by market value said earnings per share, excluding one-off items, rose to C$1.36 from C$1.22 a year ago. Analysts had on average expected earnings of C$1.39, according to Thomson Reuters I/B/E/S data.
Net income, excluding one-off items, rose to C$2.6 billion from C$2.3 billion a year ago in the three months ended Oct. 31.
TD said revenue from its wholesale banking division fell by 6 percent to C$694 million, reflecting weaker capital markets activity.
Smaller rival Canadian Bank of Commerce CM.TO on Thursday reported fourth-quarter results which beat market expectations, helped by strong growth in its Canadian commercial banking and wealth management businesses.