TORONTO: Toronto-Dominion Bank's second-quarter profit rose 20.7 percent, driven by strong Canadian consumer banking, wealth management and insurance results, the bank said on Thursday.

TD, Canada's second-largest bank, earned C$1.69 billion, or C$1.78 a share, in the second quarter ended April 30, up from a profit of C$1.40 billion, or a C$1.50 a share, a year earlier.