The Toronto-Dominion Bank announced that a dividend in an amount of 81 cents per fully paid common share in the capital stock of the Bank has been declared for the quarter ending July 31, 2013, payable on and after July 31, 2013, to shareholders of record at the close of business on July 9, 2013. The Bank also announced that dividends have been declared on the following Non-Cumulative Redeemable Class A First Preferred Shares of the Bank, payable on and after July 31, 2013, to shareholders of record at the close of business on July 8, 2013: Series O, in an amount per share of $0.303125; Series P, in an amount per share of $0.328125; Series Q, in an amount per share of $0.35; Series R, in an amount per share of $0.35; Series S, in an amount per share of $0.3125; Series Y, in an amount per share of $0.31875; Series AA, in an amount per share of $0.3125; Series AC, in an amount per share of $0.35; Series AE, in an amount per share of $0.390625; Series AG, in an amount per share of $0.390625; Series AI, in an amount per share of $0.390625; and Series AK, in an amount per share of $0.390625.

The Toronto-Dominion Bank reported unaudited consolidated earnings results for the second quarter and six months ended April 30, 2013. For the quarter, the company reported diluted earnings per share of CAD 1.78, compared with CAD 1.78 a year ago. Adjusted diluted earnings per share were CAD 1.90, compared with CAD 1.82 a year ago. Reported net income was CAD 1,723 million, compared with CAD 1,693 million a year ago. Adjusted net income was CAD 1,833 million, compared with CAD 1,736 million a year ago. Total revenue was CAD 6,000,000 compared to CAD 5,750,000 a year ago. Return on common equity was 14.8% compared to 16.2% a year ago. Adjusted return on common equity was 15.8% compared to 16.6% a year ago. Net interest income was CAD 3,902,000 compared to CAD 3,680,000 a year ago. Income before income taxes and equity in net income of an investment in associate was CAD 1,957,000 compared to CAD 1,990,000 a year ago. Net cash from operating activities was CAD 11,696 million compared to net cash used in operating activities of CAD 2,302 million a year ago. Net purchases of premises, equipment, and other depreciable assets were CAD 197,000 compared to CAD 109,000 a year ago. For the six months period, the company reported diluted earnings per share were CAD 3.65, compared with CAD 3.33 a year ago. Adjusted diluted earnings per share were CAD 3.90, compared with CAD 3.68 a year ago. Reported net income was CAD 3,513 million, compared with CAD 3,171 million a year ago. Adjusted net income was CAD 3,749 million, compared with CAD 3,498 million a year ago. Total revenue was CAD 11,971,000 compared to CAD 11,392,000 a year ago. Return on common equity was 15.0% compared to 15.1% a year ago. Adjusted return on common equity was 16.1% compared to 16.7% a year ago. Book value per share as at April 30, 2013 was CAD 50.18 compared to CAD 45.19 a year ago. Net interest income was CAD 7,748,000 compared to CAD 7,367,000 a year ago. Income before income taxes and equity in net income of an investment in associate was CAD 4,048,000 compared to CAD 3,679,000 a year ago. Net cash from operating activities was CAD 12,594 million compared to CAD 4,443 million a year ago. Net purchases of premises, equipment, and other depreciable assets were CAD 276,000 compared to CAD 346,000 a year ago.

The Toronto-Dominion Bank (TSX:TD) is seeking small acquisitions in the US,. Ed Clark, Chief Executive Officer of Toronto-Dominion said that Toronto-Dominion continues to look for small acquisitions in the US, where it is deposit heavy, but right now, those are difficult to find at risk-adjusted returns that are acceptable to us. He doesn't see any large acquisitions that would be of interest.