CIBC Logs Stronger-Than-Expected Rise in Earnings -- Market Talk

Dow Jones
Dec 04

0813 ET - Canadian Imperial Bank of Commerce logged a solid quarter, supported by strong fee-based revenue and margin expansion, says Stephen Boland of Raymond James. The analyst awaits the conference call with management for details, but notes 4Q adjusted EPS of C$2.21 was above the consensus and his own C$2.12 forecast. Gross loans totaled C$594 billion versus the C$593 billion Boland penciled in, but credit-loss provisions of C$605 million were ahead of the C$560 million he forecast. CIBC's gross loan formations increased C$105 million on-quarter to C$1.43 billion. And the bank's adjusted efficiency ratio of 55% was wider than the 54.8% Boland expected. (robb.stewart@wsj.com)

(END) Dow Jones Newswires

December 04, 2025 08:13 ET (13:13 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10