Canadian Imperial Bank of Commerce Fiscal Q3 Adjusted Earnings, Revenue Rise

MT Newswires Live

08/28

Canadian Imperial Bank of Commerce (CM) reported fiscal Q3 adjusted earnings Thursday of 2.16 Canadian dollars ($1.57) per diluted share, up from CA$1.93 a year earlier.

Analysts polled by FactSet expected CA$2.01.

Revenue for the quarter ended July 31 was CA$7.25 billion, up from CA$6.60 billion a year earlier.

Analysts surveyed by FactSet expected CA$7.05 billion.

The company's shares were up 1.9% in recent premarket activity.

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