Canada's CIBC quarterly profit rises on strength in capital markets unit

Canadian Imperial Bank of Commerce

27/08/2026 10:30

Aug 27 (Reuters) - Canadian Imperial Bank of Commerce CM.TO reported a rise in third-quarter profit on Thursday, driven by robust performance in its capital markets division.
   The bank's adjusted net income was C$2.65 billion($1.91 billion), or C$2.73 per share, during the three months ended July 31, compared with C$2.1 billion, or C$2.16 per share, a year earlier.




($1 = 1.3879 Canadian dollars)

 (Reporting by Pragyan Kalita in Bengaluru; Editing by Shilpi Majumdar)
 ((Pragyan.Kalita@thomsonreuters.com;))