CIBC profit rises on capital markets strength
ReutersMay 29, 2025 9:29 AM
May 29 (Reuters) - Canadian Imperial Bank of Commerce CM.TO 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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