Canadian Imperial Bank of Commerce's Fiscal Q3 Adjusted Earnings, Revenue Increase-March 2024-www.financetom.com

Canadian Imperial Bank of Commerce's Fiscal Q3 Adjusted Earnings, Revenue Increase

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Canadian Imperial Bank of Commerce's Fiscal Q3 Adjusted Earnings, Revenue Increase

Aug 29, 2024 3:43 AM

06:23 AM EDT, 08/29/2024 (MT Newswires) -- Canadian Imperial Bank of Commerce ( CM ) reported fiscal Q3 adjusted earnings Thursday of 1.93 Canadian dollars ($1.43) per diluted share, up from CA$1.52 a year earlier.

Analysts surveyed by Capital IQ expected CA$1.74.

Revenue for the quarter ended July 31 was CA$6.6 billion, compared with CA$5.85 billion a year earlier.

Analysts polled by Capital IQ expected CA$6.27 billion.

The company also maintained a quarterly dividend of CA$0.90 per share, payable Oct. 28 to shareholders of record on Sept. 27.

Price: 54.56, Change: +0.03, Percent Change: +0.06

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