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CIBC quarterly profit rises on capital markets strength
Feb 27, 2025 2:54 AM

Feb 27 (Reuters) - Canadian Imperial Bank of Commerce ( CM )

reported a rise in first-quarter profit on Thursday,

helped by strength in its capital markets unit.

The bank's adjusted net income rose to C$2.18 billion ($1.52

billion), or C$2.20 per share, in the three months ended January

31, from C$1.77 billion, or C$1.81 per share, a year earlier.

($1 = 1.4335 Canadian dollars)

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