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Canadian Imperial Bank Of Commerce Bottom Line Rises In Q2

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Canadian Imperial Bank of Commerce (CM) announced a profit for its second quarter that Increases, from last year

The company's earnings totaled C$2.343 billion, or C$2.53 per share. This compares with C$1.920 billion, or C$2.04 per share, last year.

Excluding items, Canadian Imperial Bank of Commerce reported adjusted earnings of C$2.349 billion or C$2.54 per share for the period.

The company's revenue for the period rose 14.0% to C$8.006 billion from C$7.022 billion last year.

Canadian Imperial Bank of Commerce earnings at a glance (GAAP) :

-Earnings: C$2.343 Bln. vs. C$1.920 Bln. last year.
-EPS: C$2.53 vs. C$2.04 last year.
-Revenue: C$8.006 Bln vs. C$7.022 Bln last year.

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