Business
Accord Announces Improved Second Quarter and First Half Earnings and Regular Quarterly Dividend
TORONTO , July 25, 2013 /CNW/ - Accord Financial Corp. (TSX - ACD), a leading North Americ...
About this update from Accord Financial Corp.
[{"type":"text","content":"\n\n\nTORONTO, July 25, 2013 /CNW/ - Accord Financial Corp. (TSX - ACD), a\n leading North American provider of factoring and other asset-based\n financial services to businesses, today released its interim unaudited\n consolidated financial results for the three and six months ended June\n 30, 2013.  The financial results presented in this release are reported\n in Canadian dollars and have been prepared in accordance with\n International Financial Reporting Standards.\n\n\n\n \n\n\n\nSUMMARY OF FINANCIAL RESULTS\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n  Three Months Ended June 30\n\n\nSix Months Ended June 30\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n            2013\n\n\n            2012\n\n\n            2013\n\n\n            2012\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n                \n\n\n\n\nFactoring volume (millions)\n\n\n \n\n\n$            431 \n\n\n$            443 \n\n\n  $              879\n\n\n$              880\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRevenue\n\n\n \n\n\n \n\n\n \n\n\n$  6,388,014\n\n\n$  6,322,501\n\n\n  $  12,335,231\n\n\n$  12,002,125\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nNet earnings \n\n\n \n\n\n$  1,267,009\n\n\n    $  1,243,038\n\n\n  $    2,513,037\n\n\n$    2,126,254\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nBasic and diluted earnings \n       per common share\n\n\n$          ...