torontodominion bank on thursday reported firstquarter profit rose beating analyst expectations benefiting from strong performances from its canadian and us retail segments for the period ended jan 31 the canadian banking and financial services company said pershare earnings were 202 canadian dollars the equivalent of us160 up from c177 in the comparable quarter a year ago tds canadian retail segment saw net income rise 11 to c225 billion benefiting from strong revenue and lower provisions for credit losses while us retail net income rose 27 to c127 billion in the quarter adjusted earnings were c208 a share ahead of analyst expectations of c204 a share according to analysts polled by factset return on common equity rose to 153 from 143 the company said common equity tier 1 capital ratio a measure of a banking institutions core equity capital compared with its total riskweighted assets rose to 152 from 136 the board declared a quarterly dividend of c089 a share td started the year strong delivering revenue growth across all our business segments as customer activity gained additional momentum group president and chief executive officer bharat masrani said earlier in the week td signed a deal in the southeastern us for a 134 billion allcash purchase of tennesseebased first horizon the first major acquisition in the us since mr masrani became ceo seven years ago and the largest transaction td has ever done