Canadian Imperial Bank of Commerce (CM) revealed a profit for its first quarter that Increases, from the same period last year
The company's earnings totaled C$3.093 billion, or C$3.21 per share. This compares with C$2.163 billion, or C$2.19 per share, last year.
Excluding items, Canadian Imperial Bank of Commerce reported adjusted earnings of C$2.678 billion or C$2.76 per share for the period.
The company's revenue for the period rose 15.3% to C$8.398 billion from C$7.281 billion last year.
Canadian Imperial Bank of Commerce earnings at a glance (GAAP) :
-Earnings: C$3.093 Bln. vs. C$2.163 Bln. last year.-EPS: C$3.21 vs. C$2.19 last year.-Revenue: C$8.398 Bln vs. C$7.281 Bln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.