CIBC profit rises on capital markets strength-February 2024-www.financetom.com

CIBC profit rises on capital markets strength

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CIBC profit rises on capital markets strength

May 29, 2025 3:07 AM

May 29 (Reuters) - Canadian Imperial Bank of Commerce ( CM )

reported a rise in second-quarter profit on Thursday,

helped by strong performance in its capital markets business.

The bank's adjusted net income rose to C$2.02 billion ($1.46

billion), or C$2.05 per share, during the three months ended

April 30, compared with C$1.72 billion, or C$1.75 per share, a

year ago.

($1 = 1.3832 Canadian dollars)

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