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CIBC quarterly profit jumps on capital markets strength

ReutersFeb 26, 2026 10:27 AM

- Canadian lender CIBC CM.TO reported a jump in first-quarter profit on Thursday, buoyed by robust performance in its capital markets business.

The bank's net income was C$3.10 billion ($2.27 billion), or C$3.21 per share, for the three months ended January 31, compared with C$2.17 billion, or C$2.19 per share, a year earlier.

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