Canadian Imperial Bank of Commerce Fiscal Q2 Adjusted Earnings, Revenue Rise

MT Newswires Live

05/28

Canadian Imperial Bank of Commerce (CM) reported fiscal Q2 adjusted earnings Thursday of 2.54 Canadian dollars ($1.83) per diluted share, up from CA$2.05 a year earlier.

Analysts polled by FactSet expected CA$2.46.

Revenue for the quarter ended April 30 was CA$8.01 billion, up from CA$7.02 billion a year earlier.

Analysts polled by FactSet expected CA$7.96 billion.

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